Important COVID Update
Read Here
News

Busy start to 2020

By Alison Borland

Article supplied by REINZ: The Real Estate Institute of New Zealand released its monthly report earlier this morning with pleasing results.  The number of properties sold in January across New Zealand was up 3.2% on the same time last year (from 4459 to 4603) making it the busiest January in 4 years according to the latest data.

Whilst the overall number of sales in January decreased by 2 in Manukau City (from 214 to 212), sales across the Auckland Region increased by 115 with the number of days to sell decreasing by a substantial 8 days.

Bindi Norwell, REINZ CEO, commented ““Prices in Auckland continue to hover in the upper $800,000’s, increasing 8.7% year-on-year to $875,000.  There were more investors in the South Auckland market compared to this time last year and an increase in the number of out of town enquiries. A number of ‘Baby Boomers’ are also now looking to sell and move outside the Auckland region which should hopefully contribute to an increase in listing numbers.”

Up to Date

Latest News

  • $21M in property sold under the hammer in one day

    Ray White Ray White Eastern Group sold $21 million in property under the hammer in one day with a 100 percent clearance rate. Ray White | Howick | Half Moon Bay | Bucklands Beach | Pakuranga | Botany | Flat Bush sold 11 out of 11 properties during its online … Read more

    Read Full Post

  • The Ray White Eastern Group – Unstoppable on a Tuesday Lockdown

    The eastern Ray White team shook up the community this week, with our annual ‘real estate of origin competition’. With only a mobile and a list of phone numbers, our teams managed to achieve an amazing total of 445 appraisals. All within the span of just a few hours. Well … Read more

    Read Full Post