Christchurch a seller’s paradise with 100 per cent clearance rate

Christchurch continued to be a seller’s paradise – in what is very much a seller’s market nationwide – as Ray White offices recorded a 100 per cent clearance rate at auction.

Four properties successfully sold under the hammer at one in-room event (above) and Ray White New Zealand South Island Regional Manager said the results were “nothing but positive.”

“We’re seeing it all over the country, the competition for properties is immense, buyers are cashed-up and willing to bid above and beyond to secure their desired property,” Ms Meyer said.

“Momentum is a wonderful thing and you can really feel it in the property market right now. The optics are great and the signs are the market will only go from strength to strength.

“Demand continues to outstrip the supply of property, and for buyers, that means they have more eyes than ever looking at their assets. Now is the time to list and sell.”