Buyers were anything but spooked in the lead-up to Halloween as Ray White offices across Christchurch produced a treat with nine out of 10 properties selling at auction for $6,200,000.
The results capped off a fantastic month of auctions in the Garden City of the Plains with the auction day clearance rate sitting at 80 per cent – a massive 23.9 per cent up on October 2019.
“There’s absolutely no stopping this market right now – anyone thinking things would start to slow down in Christchurch as we head towards the festive period should think again,” said Ray White New Zealand South Island Regional Manager Jane Meyer.
“We had more than 60 registered bidders competing for the 10 properties so that leaves over 50 finance-ready buyers going back out into the market who are actively looking to buy now.”