News

New Zealand’s luxury unit market continues to thrive, with prices and demand showing remarkable resilience nationwide.

A week after it hit the market, a Tai Tapu lifestyle block has sold under the hammer for $1.663 million.

Along with the RBNZ announcing a whopping 50 basis point rate cut, Ray White New Zealand saw 126 properties scheduled to go under the hammer last week, recording a clearance rate of 49 per cent.

Great news today that the Reserve Bank of New Zealand decided on a super sized cut of the OCR today of 0.5 per cent.

Ray White Ellerslie|Mt Wellington sold more than $13 million as part of their in-room auction event yesterday.

Ray White Hawke’s Bay had an fantastic in-room auction event on Friday where three properties went under the hammer, with two selling to a combined total of $1.305 million.

Ray White Invercargill’s leadership team of Brendan Mason, Philip Brough and James McRobie have extended their agreement with Ray White for a further five-year term to see the business

As families seek the perfect balance between urban convenience and nurturing environments for their children, the definition of what makes a suburb ideal for family life continues to shift.

Auction activity fired up across New Zealand last week with rising stock numbers the hallmark of this spring selling season.

Spring selling season saw almost $26 million worth of North Shore property change hands at The Event 2.0 in-room auction event this week.

Ben and Amanda Stevens, experienced in real estate since 2011, recently ventured into auctioneering in February 2023 and have quickly achieved significant success as newcomers in the field.

Ray White NZ saw market optimism with 128 properties auctioned and a 48.8% clearance rate. Auctions with 3+ bidders had over 76% success, and properties sold faster than private sales. Top sales in Remuera and St Heliers highlight renewed buyer interest.