Property News & Advice
Here is where you can keep up to date with everything from future prices and mortgage rates, to the latest property hotspots, events and what Ray White are up to in the local community. Be rest assured that the Ray White team are always watching the market so we can give you the best property advice possible.
The Ray White New Zealand group results for December 2019 saw a 28% increase in sales value in comparison to 12 months ago and a 6% lift on November 2019. A month cut short by celebrations and Christmas holidays provided record-breaking results for the group. Overall the sales numbers resulted in 1,489 residential sales; a 21% increase on the same time last year, which gave a total released turnover of $1.017 billion. The total number of controlled listings again decreased by 8% to 1,114. The difference between the sales numbers and the listing numbers shows a group portfolio decrease by over 330 properties. During the last quarter, in comparison to December 2019, the sales volume increase was 18%. Carey Smith, Chief Executive of Ray White New Zealand said, “The December results showed a continued increase in the majority of the markets. The month of December historically is one of the quieter months of the year; however, 2019 has proven otherwise with record-breaking results in a strong seller’s market to close out the decade.” The result for our top business in December, Ray White Ponsonby, was a personal best at $63 million. Ray White Remuera completed $55 million in volume of sales; while Ray White Howick had another successful month with $37 million in settled transactions. The results for December 2019 saw 11 offices complete a personal best in turnover. Along with Ray White Ponsonby; Ray White Pukekohe, Ray White Auckland West Commercial, Ray White Taumarunui, Ray White Hastings, Ray White Kilbirnie, Ray White Hutt City, Ray White Upper Hutt and in the South Island, Ray White Motueka, Ray White New Brighton and Ray White Strowan all achieved personal best results. Throughout the regional areas of New Zealand. In Northland, Ray White Whangarei featured as the leading office. Ray White Warkworth and Ray White Kaitaia also had a successful month. In Auckland, outside of Ray White Ponsonby, Ray White Remuera and Ray White Howick; Ray White Epsom, Ray White City Apartments, Ray White Manukau and Ray White Mission Bay all had a strong sales month. In the Central North Island, Ray White Hamilton completed $18 million in sales with Ray White Rotorua, Ray White Papamoa and Ray White Tauranga all performing strongly. In the Lower North Island, Ray White Wellington City was the leading office. Ray White Hutt City together with Ray White Kemeys – Petone and Ray White Hastings all had outstanding sales. In the..
There was a carnival atmosphere on Whangarei’s Hatea Loop on Thursday 5 December when a record number of participants representing 120 workplaces from across Northland, hit the pavement in the fifth annual Ray White Hatea Loop Challenge – with a splash of colour. Sponsored..
Discerning dogs could soon be snoozing in their own architecturally designed doghouses, as the winners of the inaugural BarkHaus competition go on display this coming weekend. Designed by three of Auckland’s top architects, these canine cribs offer much, much more than your..
With the objective of putting home ownership within reach of more New Zealanders, KiwiBuild Whangarei launched in May 2019 to the eager anticipation of many. The properties (three completed homes and seven in development) were proudly launched to the market..
This week Ray White is proud to confirm an extended agreement with Ray White Invercargill, which will take the partnership beyond 20 years. Brendan Mason and Philip Brough, the main shareholders of Ray White Invercargill, have had an outstanding year of business growth..