New CVs add “layer of intrigue” to last week’s auctions
Ray White New Zealand’s auctions continue to show strength despite the winter market, with the group scheduling 148 properties to go under the hammer last week, up 21.3 per cent year-on-year.
Ray White New Zealand’s auctions continue to show strength despite the winter market, with the group scheduling 148 properties to go under the hammer last week, up 21.3 per cent year-on-year.
Seven suburbs are poised to cross the million-dollar threshold in 2026, all currently sitting between $950,000 and $990,000 in median house prices.
Ray White New Zealand scheduled 146 properties to go under the hammer despite the short week last week, with a clearance rate of 47.2 per cent.
Not for the faint of heart, this three-bedroom Northland home could be snapped up for loose change, with what’s believed to be Wellington’s first ever $1 reserve auction.
Auction metrics are showing signs of positivity, with last week’s rate cut fuelling confidence in the market.
A beautiful, 115-year-old, Kauri cottage with rural and sea views has hit the market in Mangapai with just one catch, it’s been yellow stickered and will be a bargain price for the highest bidder.
Ray White New Zealand is proud to welcome award-winning real estate leaders Paul Vujnovich and Trish Adams, along with their high-performing team, to the group marking a significant milestone in the leading network’s continued growth across west Auckland.
Today’s highly anticipated rate cut is welcome news for mortgage holders and aspiring buyers, with the Reserve Bank of New Zealand cutting rates by 25 basis points.
Auction metrics were looking positive for Ray White New Zealand last week, with 203 properties scheduled to go under the hammer ahead of this week’s OCR announcement.
Budget 2025, despite its "Growth Budget" moniker, offers a mixed outlook for the property market.