Latest Market Statistics
Read Now
Up to Date

News

  • Auction volumes up 200 per cent 

    Auction volumes have skyrocketed with Ray White New Zealand scheduling 251 properties to go under the hammer last week, up a whopping 206.1 per cent compared to the same time last year. While the clearance rate was down 10.3 per....

    Read Full Post

  • Ray White supports RMHC to raise more than $400,000

    The Ray White network across New Zealand walked, swam, and rode through the month of March to raise funds for Ronald McDonald House Charities during their House to House campaign. More than 400 Ray White members made up 51 teams....

    Read Full Post

  • Ray White expands on the Shore with Ray White Milford

    Ray White Mairangi Bay powerhouse team Shane Coote and Kris Cunningham are expanding Ray White’s footprint on the North Shore with the opening of Ray White Milford. With a combined team of more than 50 professionals spread across the two....

    Read Full Post

  • Ray White leaders level up

    Two of the best leaders inside the Ray White Group, Ray White Collective owners Haesley Cush and Matt Lancashire spoke about their journey at the group’s inaugural Leadership Week on the Gold Coast. This pair make business look like a buddy movie. The best friends are top business owners and....

    Read Full Post

  • Auction results buck the early predictions of 2024

    The surge in auction volume continues to defy original assumptions on the early 2024 market as market forces show stabilisation and confidence. Ray White New Zealand scheduled a colossal 263 auctions last week, reflecting a substantial 95 per cent increase on the same period....

    Read Full Post

  • Ray White’s focus on leadership keeps it at #1

    More than 350 Ray White members gathered on the Gold Coast for the inaugural Leadership Week, as the property giant continues its relentless focus on helping all its business owners grow and develop their teams. Ray White Head of Performance....

    Read Full Post

  • Auction market sees surge in activity

    Auction metrics continue to improve on the same time last year, with Ray White New Zealand scheduling 312 properties to go under the hammer last week, up 140 per cent year-on-year. The group recorded an all sold clearance rate of....

    Read Full Post

  • Wellington auctions defy the odds

    Ray White in Wellington has defied the odds, achieving a 100 per cent auction clearance rate last week despite the challenging market conditions. At their auction event on Friday, the team sold eight out of eight properties under auction conditions. ....

    Read Full Post

  • Get your rental standing out with quality photos!

    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

    Read Full Post

  • Is your property compliant with the Healthy Homes Standards?

    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

    Read Full Post

  • Can landlords and tenants collaborate on gardening?

    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

    Read Full Post

  • Home resale profits predicted to start declining

    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

    Read Full Post

  • Green Party Calls for Rent Controls in Open Letter to Ardern

    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

    Read Full Post

  • Changes to Healthy Homes Standards

    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

    Read Full Post

  • Property Managers to be regulated under government proposal

    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

    Read Full Post

  • The Value of an Experienced Property Manager

    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

    Read Full Post

  • Is your rental property an unlawful dwelling?

    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

    Read Full Post