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.

Spring selling season wraps up with a bang

Ray White New Zealand wrapped up spring selling season with 255 properties scheduled to go under the hammer last week, recording a clearance rate of 57.4 per cent.  The group recorded an average of 2.6 registered bidders and 2.2 active..

Rate cut welcome news for property market

The Reserve Bank of New Zealand has announced a 0.5 per cent rate cut, which is set to instil further confidence in the property market as we head into 2025.  Ray White chief economist Nerida Conisbee said this third cut..

Auctions strong ahead of OCR announcement 

Ray White New Zealand scheduled 241 properties to go under the hammer last week, with a clearance rate of 56.5 per cent.  The group saw an average of 1.9 registered bidders and 1.6 active bidders per auction.  Next week, during..

Clearance rates and confidence on the rise

Ray White New Zealand scheduled 221 properties to go under the hammer last week, recording a clearance rate of 59.4 per cent.  The network saw an average of 2.4 registered bidders and 1.8 active bidders per auction.  “Public confidence and..

Curiosity is at the heart of Ray White’s magic

The spirit of innovation and curiosity was on show at Ray White’s annual corporate conference, Crows Nest 2024, on the Gold Coast this week.  Every one of the 190 Ray White corporate team members at this year’s Crows Nest conference..

Wellington auctions see great results at Ray White

It was a great day of auctions for Ray White in Wellington, recording a 55.5 per cent clearance rate at their in-room event.  Nine properties went up for auction, with five selling under the hammer, totalling $4.853 million in property. ..

New Zealand’s Carrie Bradshaw Index

Atom Go TianSenior Data AnalystRay White Group The Economist, a weekly magazine, recently undertook an analysis of where it was possible for a single person to affordably rent alone. The analysis was referred to as the Carrie Bradshaw Index, named..

Auction volumes remain high as November begins

Auction volumes remain high as we enter November, with Ray White New Zealand scheduling 220 properties to go under the hammer last week, up 14 per cent year-on year.  The group saw an average of two registered bidders and 1.7..

Spookiest Real Estate of Origin ever

Ray White’s 16th call-a-thon hit a spooky new level this week with 11,550 appraisals booked across Australasia during the Halloween-themed appraisal drive, 100 per cent powered by NurtureCloud, the group’s cutting edge prop tech platform. Ray White Metro – Christchurch..

Buyers out in force at Ray White New Zealand auctions

Buyers were out in force at Ray White New Zealand auctions last week, with an average of 3.8 registered and three active bidders seen across the group’s 207 scheduled auctions.  Auction volume was up 27.8 per cent year-on-year, with the..

New Zealand’s most haunted suburbs

Atom Go TianSenior Data AnalystRay White Group In the 1920s, a young woman and her newly wed husband were driving along the winding road near Maruia falls. They were heading to their honeymoon destination when their car lost control on..

The Day 6.0 sees more than $24M in property sold

Ray White Manukau, Manurewa, Mangere and Mangere Bridge saw a whopping 46 properties go under the hammer at their auction event The Day 6.0 yesterday.  With a clearance rate of 65 per cent, the total value of properties sold at..

Auction market benefits from increased confidence

More confidence can already be felt across the auction market, with Ray White New Zealand scheduling 217 properties to go under the hammer last week, up 41.8 per cent when compared to the same period last year.  The network recorded..

Unit market prices jump sky high

Atom Go TianSenior Data AnalystRay White Group New Zealand’s luxury unit market continues to thrive, with prices and demand showing remarkable resilience nationwide. Luxury units, defined as properties in the 95th percentile of all units sold, now command price tags..

Buyers out in force after OCR cut

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.  Buyers were out in force..

Super sized cut to the OCR to save the economy

Nerida Conisbee, Ray White Group Chief Economist 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. It is likely that this will be a continuation..

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