Clearance rate up after OCR cut
Last week's 50 basis point rate cut seemed to have a positive impact on the auction market last week with Ray White New Zealand recording a 58.1 per cent clearance rate, up 10.95 per cent year-on-year.
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Lifestyle or Life Sentence?
The appeal of a lifestyle property in North Canterbury is undeniable. The privacy, peacefulness, and extra space for hobbies and family life make the dream of living in the country very strong. However, moving to a lifestyle block without the right knowledge can turn a dream into a “life sentence.” … Read more
50 basis point cut reflects “urgent” need for economic stimulus
The Reserve Bank of New Zealand has cut the Official Cash Rate by 50 basis points to 2.50 per cent, a stronger move that reflects the urgency of deteriorating conditions.
Hilltop home hits the market for first time in 75 years
A close family connection to Paul Pascoe led to a one-bedroom home in Clifton being designed by renowned architects Pascoe and Hall.
Getting Your Home Ready for Sale
Preparing your home for sale doesn’t have to mean costly renovations. Instead, it’s about making a smart investment in presentation to maximize your home’s appeal and value. A well-presented property can sell for thousands more, so focusing on the details is always worth it. At Ray White Morris & Co, … Read more
Kevin He and Sunny Sun take on Ray White Blockhouse Bay
Renowned local real estate agent Kevin He and his partner Sunny Sun have kicked off the next step in their journey, opening Ray White Blockhouse Bay.
Seller overjoyed after “crazy bidders” compete for property
When selling his home of 13 years, vendor Steve knew he wanted to go to auction.
New Zealand opens doors to foreign buyers
New Zealand has partially lifted its foreign buyer ban, allowing “golden” visa owners to purchase a single residential property valued at $5 million or more.
First Home Buying!
Your Guide to Buying Your First Home in Rangiora Buying your first home should be one of the most exciting moments of your life, not a source of stress. We’re seeing a fantastic level of activity from first-home buyers in the Rangiora real estate market, and with interest rates stabilising, … Read more
$30M in property sold under the hammer on the North Shore
Ray White businesses across Auckland’s North Shore and Hibiscus Coast teamed up to sell nearly $30 million in property across three sites during their auction extravaganza, The Event 4.0.
Auctions see strong volume and clearance
Ray White New Zealand scheduled 206 properties to go under the hammer last week, up 10.8 per cent year-on-year.
From boom to equilibrium: New Zealand's housing market in three phases
New Zealand's housing market has reached equilibrium after three phases: pandemic speculation, correction, and recovery. Median prices stable at $761k with sustainable buyer demand replacing investment activity.
Auctions preferred method of sale for spring
Ray White New Zealand scheduled 128 properties to go under the hammer last week, with a clearance rate of 51.7 per cent.
Standing Out in the Crowd
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
Little Ray of Giving Colouring Pages
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
New Year, New Direction?
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
Auctioning Your Way to Success in the Real Estate Market
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
Rānui House
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
Aren’t Auctions Expensive?
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
Hunting out the Cash Buyer
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
