Clearance rate on the rise as spring has sprung
Ray White New Zealand scheduled 125 properties to go under the hammer last week, with a clearance rate of 58.2 per cent, up 13.3 per cent year-on-year.
Ray White New Zealand scheduled 125 properties to go under the hammer last week, with a clearance rate of 58.2 per cent, up 13.3 per cent year-on-year.
As spring selling season officially kicks off today, Ray White New Zealand ended the winter season with a bang last week, with 152 properties scheduled to go under the hammer, up 76.7 per cent compared to the same period last year.
Ray White New Zealand scheduled 144 properties to go under the hammer last week, recording a clearance rate of 55 per cent.
Today’s highly anticipated rate cut is welcome news for mortgage holders and aspiring buyers, with the Reserve Bank of New Zealand cutting the Official Cash Rate by 25 basis points, bringing it to 3.00 per cent.
Ray White had four winners and 12 finalists at the REINZ awards last night, which celebrated the fantastic achievements of those from across the industry.
Ray White New Zealand scheduled 96 properties to go under the hammer last week, with a clearance rate of 50 per cent.
NZ housing shows resilience with just 0.2 per cent July decline vs typical 1.9 per cent drop. Rising sales, falling listings, and middle-market strength suggest buyer's market ending.
Ray White New Zealand scheduled 153 properties to go under the hammer last week, up 18.6 per cent year-on-year.
A landmark development site has hit the market, marking a once-in-a-generation opportunity to shape the Auckland CBD.
Ray White Manukau, Manurewa, Mangere and Mangere Bridge continue to prove that auction is the best method of sale, recording a 60.9 per cent clearance rate at their in-room event The Day 10.0.