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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • Market Comment October 2017

    Median residential property prices across New Zealand have increased by 1.2% year-on-year to $525,000 according to the latest data from the Real Institute of New Zealand (REINZ) – source of the most complete and accurate real estate data in New Zealand. Bindi Norwell, CEO at REINZ says: “Prices across the … Read more

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  • Market Comment July 2017

    New Zealand’s property market is showing all the signs of being a two-tier market with Auckland median house price increasing 2.5% year-on-year, but the rest of the country showing growth of 11.4% year-on-year according to the latest data from the Real Institute of New Zealand (REINZ) – source of the … Read more

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  • Market Comment June 2017

    National median house prices increased 6.7% to $540,000 (up from $506,100) in the year to May 2017, according to the latest data from the Real Institute of New Zealand (REINZ) – source of the most complete and accurate real estate data in New Zealand. Bindi Norwell, Chief Executive Officer at … Read more

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  • Market Comment May 2017

    After record national median prices in March, prices are stable and sales volumes fell across New Zealand during April as the market moved past the traditional March peak and into a typical cyclical April, according to the latest figures released today by REINZ, source of the most recent, complete and … Read more

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  • Market Comment April 2017

    Following a mixed outlook for the New Zealand housing market in February, March has shown traditional lifts in terms of median price, volume and activity levels, according to the latest figures released today by REINZ, source of the most complete and accurate real estate data in New Zealand. The national … Read more

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  • March Market Update

    Median house prices firmed slightly and sales volumes lifted across New Zealand during February as the market exited the holiday period, according to the latest figures released on the 13 March 17 by the Real Estate Institute of New Zealand (REINZ), source of the most recent, complete and accurate real … Read more

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  • February Market Update

    Aucklanders are once again starting to put their houses on the market, according to the latest figures released on 14 Feb 2017 by Real Estate Institute of New Zealand (REINZ), source of the most recent, complete and accurate real estate data in New Zealand. After months of record low numbers … Read more

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  • Market Update January 2017

    Median house prices have risen and sales volumes have stayed flat or fallen across New Zealand in December 2016 when compared to December 2015, according to the January 2016 figures released by REINZ, source of the most recent, complete and accurate real estate data in New Zealand. The national median … Read more

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  • December Market Update

    Median house prices and sales volumes have grown across New Zealand during November, according to the latest figures released by REINZ, source of the most recent, complete and accurate real estate data in New Zealand. 10 of 12 regions in New Zealand hit new record high median sale prices in … Read more

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  • November Market Update

    Despite a nationwide drop in sales volumes, Auckland is one of four regions to hit record high median sale prices in October, while the national median price eased by $5,000 to $510,000, according to the latest figures released by REINZ, source of the most recent, complete and accurate real estate … Read more

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