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 can give you the best property advice possible.

New Zealand’s next million dollar suburbs

Atom Go TianSenior Data AnalystRay White Group Which are the next suburbs where house prices will exceed $1 million in 2025? First, let’s consider where these $1 million suburbs are at the moment and how they’ve been growing over the..

Auction success when vendors meet the market

The winter chill has slowly started to take its hold on auction volumes, with Ray White New Zealand scheduling 125 auctions across the nation last week, down 6.7 per cent year-on-year.  The network recorded a clearance rate of 47.9 per..

New Zealand’s cash rate pause

Vanessa RaderHead of ResearchRay White Group The Reserve Bank of New Zealand (RBNZ) has maintained its Official Cash Rate at 5.50 per cent, signalling a pause in its monetary tightening cycle. This decision reflects the central bank’s careful balancing act..

Surge of stock sees more options for buyers

Ray White New Zealand scheduled 163 auctions last week, up 4.5 per cent year-on-year, with a clearance rate of 42.3 per cent.  The group recorded an average of two registered bidders and 1.8 active bidders per auction.  Properties which sold..

Megan Jaffe to revitalise Ray White Ponsonby legacy

Renowned owner of Ray White Remuera, Megan Jaffe, and her business partner Thomas Farmer, have taken the next step in their real estate journey, opening Ray White Ponsonby.  With Ray White Remuera being Ray White’s number one office internationally for..

Where are the most affordable suburbs for renters?

Atom Go TianSenior Data Analyst Ray White Group Firstly, what is “affordable?” According to Stats NZ, average weekly earnings as of June 2023 was $1,273 per week, a 25.3 per cent increase from five years ago. During the same period, rents..

Long weekend didn’t hold back auction volumes

Ray White New Zealand scheduled 148 auctions to go under the hammer last week, up 8 per cent year-on-year.  The network recorded a clearance rate of 41.7 per cent, with an average of 2.1 registered bidders and 1.8 active bidders..

Business leaders prepare to unlock growth opportunity 

Ray White New Zealand’s 2024 Business Owners Symposium saw 175 Ray White business owners, next leaders and key partners from across the country come together in Christchurch for two action packed days of learning and development.  The crowd heard from..

Buyers continue to benefit from choice at auction

Ray White New Zealand scheduled 128 auctions last week, up 34.7 per cent year-on-year, with a 43.8 per cent clearance rate.  The network recorded an average of 1.8 registered bidders and 1.5 active bidders per auction.  Auctions continue to provide..

Winter won’t slow down auction volumes

Auction volumes continue to be up on last year as we head into winter. In the first week of June we saw Ray White New Zealand schedule 161 properties to go under the hammer, up 59.4 per cent year-on-year.  The..

Auctions not cooling down as we head into winter

The last week of autumn saw Ray White New Zealand schedule 174 properties to go under the hammer, up 27.9 per cent compared to the same period last year, with a clearance rate of 48.8 per cent.  The group recorded..

Auctions continue to achieve top results for sellers

Auction volumes remain high across Ray White New Zealand, with the group scheduling 228 properties to go under the hammer last week, up 66.4 per cent year-on-year.  Ray White New Zealand recorded a clearance rate of 41.1 per cent, with..

Availability of luxury homes sees a sharp decline 

Atom Go TianSenior Data AnalystRay White Group For the second year in a row, both luxury house and luxury unit transactions decreased. For Auckland, houses that sold for more than $5 million were considered to be luxury houses, and units..

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