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....
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....
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....
A week after it hit the market, a Tai Tapu lifestyle block has sold under the hammer for $1.663 million. Located at 280 Old Tai Tapu Road, the 1.0241ha property includes a three-bedroom, two bathroom home built in 2014. The property....
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....
Ray White Ellerslie|Mt Wellington sold more than $13 million as part of their in-room auction event yesterday. The business saw 14 properties go up for auction at the event, with eight selling under the hammer. Another five auctions were brought....
Ray White New Zealand scheduled 239 properties to go under the hammer last week, up 49.4 per cent on the same time last year, during the group’s September Month of More campaign. “Rising public confidence, combined with increasing inventory levels....
Ray White Invercargill’s leadership team of Brendan Mason, Philip Brough and James McRobie have extended their agreement with Ray White for a further five-year term to see the business as one of Ray White’s most enduring and successful agencies across....
Atom Go TianSenior Data AnalystRay White Group As families seek the perfect balance between urban convenience and nurturing environments for their children, the definition of what makes a suburb ideal for family life continues to shift. The notion of a....
Auction activity fired up across New Zealand last week with rising stock numbers the hallmark of this spring selling season. Ray White New Zealand Head Auctioneer Sam Steele said public confidence, coupled with steadily rising inventory levels, had sparked a period....
In this increasingly competitive rental property market, it’s essential to raise the bar on your marketing. One of the most effective ways to achieve this is by showcasing your property via stunning photography. Here’s a few tips (that won’t cost the bank) to get you started! Time of the day … Read more
The Healthy Homes Standards (HHS) became law on 1 July 2019 and comprise of a set of standards for heating, insulation, ventilation, moisture and drainage, and draught stopping in rental properties. The Government recently announced a deadline extension to the HHS. What does this mean for property owners that are … Read more
Garden care can be a contentious subject for landlords and tenants. With each party often renouncing their responsibilities resulting in unkept gardens. What if there was a way to progressively bridge this eternal conflict. First let’s cover why there should be an effort to establish and maintain a garden. … Read more
Experts say house resale gains will slowly curtail as prices start to drop, while Christchurch numbers buck the trend. Pain or gain in New Zealand real estate sales? Kelvin Davidson, CoreLogic NZ’s chief property economist, predicts change is coming despite “no dramatic shifts” shown in their most recent pain … Read more
The Green Party’s support of kiwi renters was bolstered when they published an open letter to Prime Minister Jacinda Ardern calling for an immediate rent freeze until stronger rent controls are put in place. What did the Green Party’s rent control letter say? In their open letter … Read more
In December 2021, the government announced it would be making updates to the healthy homes standards (HHS) based on feedback received from the rental sector. The changes should come into effect by May 2022 and relate mostly to new homes built to relevant 2008 building code requirements. … Read more
In February, the government released a discussion document proposing residential rental property managers comply with a code of compliance and adhere to an annual licensing scheme to help protect tenants and landlords. What is included in the proposal? Property managers looking after residential tenancies on behalf of landlords … Read more
In a previous post we covered whether paying property management fees is worth it, covering key benefits of professional property management services and the reality of forgoing these to do the job yourself. This month we’re looking at how a good Christchurch property manager can add value for both … Read more
Unlawful dwellings are a very serious issue for both landlords and tenants — landlords can face serious fines and loss of rental income, while tenants may be living in an unsafe environment. What is an unlawful dwelling? Commonly, unlawful dwellings are secondary dwellings within a residential property that … Read more
The quintessential kiwi summer holiday may look a little different in 2021/2022, but the fact that we’ll be away from home remains the same. So, what do tenants and landlords need to take care of at home before they hit the road or runway? What do tenants need … Read more