The Auckland City Apartment market has proven to be unshakable during the nation-wide lockdown as buyers secure properties while there’s less competition. Daniel Horrobin, Director of the Ray White City Realty Group, said the lockdown showed little impact on apartment sales in the city with their auction success rate sitting … Read more
The Auckland City Apartment market continues to see strong sales activity, nurtured by a thriving sense of market confidence. The sales volume for our city apartments business was 27% up when compared to July 2020, reflecting a high level of positive buyer sentiment. Investors continue to be a strong driver … Read more
The Auckland City Apartment market has continued to gather momentum with strong sales activity on the back of positive buyer sentiment. In the month of June, there were a total of 114 sales and our team completed 39 of these sales transactions. Our sales volume was up 15.5% as compared … Read more
For the second month running, we saw buyer demand continue to exceed the number of new listings coming to the market with our sales volume up 55 per cent in May 2021. Whilst encouraging figures, we must not lose sight of the overshadowed month that May 2020 was. While we … Read more
The talk of the town in recent weeks has undeniably been the changes to the Government’s Housing Policy, resulting in an extension of the Bright-line test to 10 years, but more contentiously, the announcement about investors no longer being able to deduct interest deductions for residential rental property acquired on … Read more
March saw a significant lift in the number of sales for our Ray White City Apartments business when compared to the same period last year. However, we must not overlook the prevailing circumstances we were faced during the same period in 2020. That said, sales volume outperformed the number of … Read more
As the Auckland property market continues to thrive, listings have started to tighten up in some areas, yet we continue to see a surge of interest for Auckland Central and City fringe apartments. Demand is continuing to be driven by investors chasing healthy net returns, downsizers seeking the increasingly desirable … Read more
Momentum hit the Auckland apartment market in January with a high level of new listings coming to the market, and plenty of buyer competition driving one of our strongest January’s yet. This activity was evidenced with our City Apartments business proudly sitting as #2 Office in the group nationwide. Our … Read more
Auckland’s Apartment Market remained buoyant throughout December with continued interest from investors across the Nation, and first home buyers remaining active in the inner-city and city fringe areas. We’re also seeing an influx of local students starting to snap up inner-city apartments to rent before University starts back, filling the … Read more
November saw a strong month of sales for our City Apartments team as investor and first home buyer interest continued to surge. High net yields continue to be a big draw card with some investors picking up apartments returning over 10 per cent net, providing a significant cash flow alternative … Read more