Ray White New Zealand Chief Auctioneer John Bowring said the 60 per cent clearance rate was a good illustration that auction remained the best method of sale for property.
“The market still seems to be lively, with buyers still actively participating in auctions, and we continue to see great results like we did in Highland Park,” Mr Bowring said.
“Of course, things are still going to change along the way, and the way we conduct auctions may also have to change but the market will continue to be strong.
“The other thing driving demand is the stock constraints in some areas, with people wanting to get in now and secure a property, to offer stability down the track.
“With the advent of legislation by the New Zealand Government, our COVID-19 protocols are in place to ensure the COVID-19 pandemic passes through our country with minimal physical impact on our families, our communities and our world.
“Our protocols include compulsory registration of those attending our auction rooms so we can contact them if a health and safety matter was to occur.
“Hand sanitiser must be used on entry and exit of our premises and a distance of at least 2 metres must be kept from all attendees, with children being supervised at all times.”
