Ray White New Zealand saw 158 properties go under the hammer across the country last week, and while this volume is lower than the same period last year, both clearance rates and bidder numbers are higher.
More than 150 real estate professionals gathered at MediaWorks last night for the highly anticipated ‘Canapes and Conversation’ event, hosted by Leading Ladies of Real Estate, New Zealand and Australia’s premier female industry initiative.
Ray White Metro (Christchurch) agent Desere Girdlestone is not a stranger to auctions as a salesperson, having run many auction campaigns for her clients, however, she has recently taken up a new challenge in calling the auctions herself.
With a short week last week, between Easter and Anzac day, Ray White New Zealand had just 119 auctions last week, recording a clearance rate of 41.9 per cent.
New Zealand housing market stabilises as interest rate cuts bring balance. After volatility, median house prices have remained between $750,000-$801,000 for two years, currently at $790,000.
A beachfront property in Mount Manganui has been completely transformed, from a 1970s two-level villa to a contemporary, resort-style abode, and will head to auction next month.
NZ construction faces challenges with crane numbers at lowest since 2016. RLB Crane Index shows 15.3% decline since last quarter, with only 105 cranes now visible nationwide, down from 124 in Q3 2024.
The Myf Porter story
Mortgage holders and prospective buyers will find further relief in the Reserve Bank of New Zealand’s decision to cut the official cash rate (OCR) by another 25bps, to 3.5 per cent, today.
In a game-changing partnership, Ray White has extended its contract with visual communication platform Canva for another two years, with 12 months still left on the contract.
Arrowtown, nestled in the heart of the Wakatipu Basin, is a place of timeless character and charm. Known for its heritage buildings, tree-lined streets, and stunning natural surroundings, this historic town stands apart from other parts of Queenstown and indeed much of New Zealand. For homeowners in Arrowtown considering selling … Read more
Arrowtown has long been a beacon of high-end real estate in the Southern Lakes region, with its historic charm and desirable location drawing buyers from across New Zealand and beyond. Over the years, some of the town’s finest homes have fetched impressive prices, reaching well into the millions. Below, we … Read more
If you’re considering selling your Arrowtown property, it’s important to understand that this market is unique. Arrowtown is a highly sought-after, established area where properties often attract significant interest, and sometimes, less really is more when preparing your home for sale. Here are some key tips and tricks to ensure … Read more
Richard (Dick) Wilcox from Scotland came to work at the Achilles Quartz Reef Gold mine (formally called the Phoenix) at Bullendale in the Upper Shotover. He is mentioned in a photo held in the records of the Lakes District Museum as being on the staff in 1896. He and his … Read more
Buying a home is one of the largest investments you’ll ever make, so you need to get it right. One of the best ways to track your progress and be sure you stay on track is to keep a checklist of what you need to have to make it happen. … Read more
When it’s time to sell a house, many homeowners start thinking about sprucing up the place or doing some renovations to get the most out of the sale. While renovations are a good idea, some are more important than others. Kitchen and bathroom renovations help a homeowner recoup the investment … Read more