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Ray White continue to wrap up summer sales

Launched in December the Ray White Summer Sale Campaign is well underway and is already achieving some stand out results for vendors across the country. Carey Smith, Ray White New Zealand CEO, says “the property market has been extremely active – especially leading in to the holiday season. This year more than any other year,… Read more »

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North Shore Auction Night call sees hammers fall

Ray White North Shore’s Collective Auction Event held last week was a resounding success. Over 20 properties for the Ray White North Shore Offices were auctioned in a special Collective Auction Night at Takapuna Boating Club on Thursday 30 October. The event was marketed across the North Shore by our Ray White offices – who… Read more »

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Competitive bidding on all offerings at Ray White City Apartments auction

There was competitive bidding on all five Auckland CBD apartments offered at Ray White City Apartments auction last week, with three selling under the hammer and two being passed in for sale by negotiation. Apartments suitable for owner occupiers continue to sell particularly well as more people consider inner city living as an alternative to the… Read more »

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Ray White New Zealand CEO Comments – October 2014 just released

I am continually reminded about market conditions and the risk of inaction. The last quarter will be remembered very much for the election and the regular commentators who make generalised statements that election periods see a slowdown in the property market. The analysts are different to the commentators. The last election in 2011 saw an… Read more »

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Ray White sales edge down in September 2014

Ray White New Zealand sales for September 2014 decreased by 13% from the same period last year but increased by 9% from last month, being August 2014. The Group completed 991 sales transactions at an average sale price of just over $500,000. The number of controlled listings increased to 1,167 for residential properties only. Carey… Read more »

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Ray White New Zealand August sales remain consistent

The Ray White Group across New Zealand completed 986 sales at an average sale price of $457,947 and listed 1,597 controlled properties with an average listing price of $523,757. The results for the Group were 3% ahead of our sales turnover in August 2013 but were lower than last month in July by just over… Read more »

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Ray White sales continue to increase

Ray White New Zealand completed property sales in excess of $487 million in the month of July 2014. These results were 12% up on last year and in comparison to last month saw an increase of 13%. Chief Executive, Carey Smith said that the July results rebounded strongly given that there was a school holiday… Read more »

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Chinese interest in NZ property ‘unprecedented’

New Zealand has only seen the “tip of the iceberg” of wealthy Chinese wanting to buy houses, commercial buildings and land in Auckland, a real estate agency says. Ray White Real Estate’s commercial arm says in the last year, more than half its Auckland business has come from high net-worth resident and non-resident Chinese and… Read more »

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Ray White New Zealand May 2014 Results Show Uplift

Ray White New Zealand completed property sales of $630 million in the month of May 2014. These results were 23% up on last year and in comparison to last month show an increase of 37%. Chief Executive Carey Smith said “The month of May showed a significant rebound, particularly in comparison to April’s results. The… Read more »

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Ray White New Zealand April Results Show Consistency

Ray White New Zealand completed property sales of approximately $500 million in the month of April 2014. These sales results were 4% below the same period last year and in comparison to last month were 20% lower. Chief Executive, Carey Smith, said “The month of April had seen a slowing effect due to a combination… Read more »