Ray White New Zealand saw 158 properties go under the hammer across the country last week, and while this volume is lower than the same period last year, both clearance rates and bidder numbers are higher.
More than 150 real estate professionals gathered at MediaWorks last night for the highly anticipated ‘Canapes and Conversation’ event, hosted by Leading Ladies of Real Estate, New Zealand and Australia’s premier female industry initiative.
Ray White Metro (Christchurch) agent Desere Girdlestone is not a stranger to auctions as a salesperson, having run many auction campaigns for her clients, however, she has recently taken up a new challenge in calling the auctions herself.
With a short week last week, between Easter and Anzac day, Ray White New Zealand had just 119 auctions last week, recording a clearance rate of 41.9 per cent.
New Zealand housing market stabilises as interest rate cuts bring balance. After volatility, median house prices have remained between $750,000-$801,000 for two years, currently at $790,000.
A beachfront property in Mount Manganui has been completely transformed, from a 1970s two-level villa to a contemporary, resort-style abode, and will head to auction next month.
NZ construction faces challenges with crane numbers at lowest since 2016. RLB Crane Index shows 15.3% decline since last quarter, with only 105 cranes now visible nationwide, down from 124 in Q3 2024.
The Myf Porter story
Mortgage holders and prospective buyers will find further relief in the Reserve Bank of New Zealand’s decision to cut the official cash rate (OCR) by another 25bps, to 3.5 per cent, today.
In a game-changing partnership, Ray White has extended its contract with visual communication platform Canva for another two years, with 12 months still left on the contract.
The latest statistics from the Real Estate Institute of New Zealand show us that listings numbers are up 60% month-on-month. With more properties for sale but the same number of buyers in our marketplace, how do you stand out from the crowd and make your property more attractive than the … Read more
Colour in one of the attached Little Ray of Giving pages, bring it into our Rangiora office for a wee treat and you can go in the draw to win a prize! Entries need to be received by 4pm, Friday 15th December. LROG_ColouringBook_A4_2023_01 LROG_ColouringBook_A4_2023_02 LROG_ColouringBook_A4_2023_03
At this time of year we often come across homeowners who are looking to make a move in the new year and want to wait until January before they get on the market. If you want a head start on the rest of the homeowners with the same thought pattern … Read more
In recent years, the real estate market in North Canterbury has witnessed a remarkable trend: the growing success of auctions as a preferred method for selling houses. Gone are the days when traditional listing methods were the only option. Today, more homeowners and real estate professionals are turning to auctions … Read more
We are thrilled to announce that Ray White Canterbury is partnering with the Bone Marrow Cancer Trust to sell annual sponsorships for the 26 apartments at Rānui House, located at 1 Cambridge Terrace, Christchurch Central, to individuals/businesses who may be interested in this kind of sponsorship opportunity. The Bone Marrow … Read more
When it comes to selling your home, you undoubtedly want a strategy that will help you maximise your price and minimise your time on the market. Opting for an auction could be the perfect solution, providing you with the best opportunity to secure a premium price within a reasonable timeframe … Read more
The real estate market is forever changing in some way, shape or form. Regardless of what the market is doing, most homeowners are after a premium price in a reasonable timeframe. We find ourselves in a market where we are seeing more and more offers subject to the sale of … Read more
As we move into December, we are closing in on the last of our auctions for the year. I wanted to take this opportunity to invite all of our past buyers & sellers as well as potential buyers and sellers to attend our Christmas Auction Gala which is to be … Read more
As the market returns to a more balanced state we are noticing an increase in “subject to” or “conditional upon” sale offers being made. There are a couple of reasons we are potentially seeing this – the finance industry has tightened and securing bridging/short term finance is a lot harder … Read more
This is a question I often get asked by owners when deciding on what method of sale they will choose. In the peak of the market last year, the chances of selling on auction day were higher than not. A year later, the tables have turned – but not just … Read more