Ray White offices in New Zealand hammered home more strong auction results yesterday as a rising clearance rate indicated buyer confidence was well and truly back. Success was experienced at Ray White City Apartments on 21st May 2020 as they successfully sold 3/5 properties under the hammer for a combined … Read more
Despite the slower pace we’ve experienced over the last month or so, New Zealand’s recent move to level three and the increase in activity that it brings has proven that bricks and mortar are still a popular, safe and secure investment option for Kiwis. While it is still early days … Read more
Before the national lockdown, through February and March, the activity and confidence in Auckland’s apartment market was looking very encouraging – a refreshing change from the previous plateau we’d seen during 2019. This long-awaited lift activated buyers and sellers to make their move. Our listing numbers spiked as apartment owners … Read more
An air of confidence for Auckland’s apartment market – rwcityapartments.co.nz/news February showed a very positive increase in the number of new listings for our City Apartments team, along with steady growth in buyer momentum as first home buyers and downsizers are recognising the benefits of inner-city apartment living. Investors are … Read more
Click to watch the latest report by Auction Manager Cameron Brain
Activity aplenty: Auckland’s apartment market is alive – City Apartments It’s official: the Auckland apartment market is well and truly alive, and it’s only looking to gain strength as 2020 gets underway. Buyers are back in full force boosting confidence in the market. And we’re excited to see a noticeable lift in … Read more
Happy new year everyone. With 2019 now in our wake, all signs point towards a definite surge in Auckland’s apartment market, setting 2020 up to be an exciting year indeed. The early-adopter investors who spearheaded a return-to-market trend at the end of last year have generated good competition within the … Read more
Summer Surge for Auckland’s Apartment Market As we roll into the final month of 2019, it seems the only way is up for Auckland’s apartment market. An increase in buyer activity and a noticeable rise in the overall number of sales within our business is promising an uplift of energy. … Read more
November Auction numbers ended up the same as Octobers numbers at 42 Auctions for the month. The difference, however, was our clearance rate, up 16% from Octobers 50% Clearance to 66% Clearance in November. The Average Days on Market for our Auction Properties for the City Realty Group sits at 28 … Read more
With summer just around the corner, we’re seeing the usual divide in apartment owners who either sit tight and hold on to their positive-return properties or look to capitalise on the traditionally busy summer rush. Whichever way you look at it though, the market feels very upbeat. This activity is … Read more