Auction volumes were up again last week at Ray White New Zealand, with the group scheduling 110 properties to go under the hammer, up 35.8 per cent compared to the same time last year. Ray White New Zealand recorded a....
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....
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....
Recently, the A T Realty Group and their property management arm, 360 Property Management, celebrated the commitment to the company of the foundation members and those who have been with the business for the past decade. A T Realty opened....
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....
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....
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....
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....
Ray White is pleased to announce that Glenn Carpenter has acquired the Ray White Manly and Peninsula sales business from Gary, Jayne, and Vicki. This strategic move marks a new chapter for the business. Gary and Jayne, will retain the....
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....
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