The Loan Market continues their run of outstanding months in placing mortgages for our purchasers.  They completed just on 191 loans and our top broker for the month of July was Bruce Patten.  Scott Charlesworth who continues to have a great year, also had an outstanding month.  The leader of our Central North Island business… Read more »

We achieved our best July in four years, with our trading being up 37% on last year.  Our listing stock was also in positive territory, with auctions increasing by 45% and marketing up 24%.  Our Ponsonby office achieved the best sales turnover in the NZ group.  The team from Manukau also had an outstanding month coming… Read more »

Recently the Auckland sales team came together for their quarterly awards at the Floating Pavilion.  Part of the evening was dedicated to the Premier and Elite members for 2009.  We welcomed our first Elite members for the year, having achieved this status at the end of June.   Pictured are Lesley Hawes (Kingsland), Liz Parker (Whangaparaoa)… Read more »

The Reserve Bank Governor, Alan Bollard, lsat week kept the OCR rate unchanged at 2.5%. The Reserve Bank statement made it clear that the OCR level will remain at 2.5% or lower until the latter part of 2010. There was also an indication that if the New Zealand dollar and wholesale interest rates remained at high… Read more »

John Pope started in the Real Estate industry 20 years ago, as at the 13th of July.  He started in the Tauranga office of Matthewson Real Estate Ltd, and has worked there ever since, only changing over to the current Matthewson Real Estate Ltd Company at Bayfair, under the Branch Manager of Steve Fagan, when… Read more »

The team at Ray White Whakatane held a fund-raising event at Cinema 5 recently to raise money for Ronald McDonald House Auckland. Local businesses literally came to the party with pre-movie nibbles supplied by McDonalds, New World and Dominos. Over 90 people attended showing community spirit is alive and kicking in Whakatane with a number… Read more »

As more and more home buyers take advantage of favourable interest rates and signs of stability in the market, the flow on effect has been significant for our Loan Market business.  It is pleasing to see another office has joined our expanding Loan Market team.  Frank Philp has recently joined David Hart’s Loan Market team… Read more »

The largest improvement in New Zealand home affordability in a decade is attracting more first home buyers, although the high deposit rates required by banks remains a hurdle, according to a survey today. Home affordability improved by 8.5 percent between February and May, and by 17.7 percent over the year to May, the quarterly Massey University… Read more »

Ray White New Zealand is pleased to announce the opening of its 129th office at Paraparaumu on the Kapti Coast of the Lower North Island. Rachael Steinmetz and Paul Berryman are the operational business owners of the new office with the Manager Terry Burch. They bring a wealth of experience and knowledge with a successful background… Read more »

A boost in activity at the top end of the residential property market has helped Australasia’s largest real estate group Ray White achieve a 10 per cent rise in sales in New Zealand and Australia for the month of May, 2009. Ray White Joint Chairman Brian White said Group sales for the month of May… Read more »