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
It’s been a busy month of with 28 auctions listed for the City Apartments team and a further 12 Auctions listed across our Newmarket, Parnell, Sandringham and Wynyard Quarter. The City Realty Group had 34 auctions up for sale across October giving us an auction success rate of 53%. With … Read more
September surge for Auckland’s apartment market – rwcityapartments.co.nz With the America’s Cup on the horizon, the ongoing development of Wynyard Quarter and the Viaduct Harbour symbolises the exciting evolution of downtown Auckland. Our City Apartments team are thrilled to be part of this transformation. And, if the current level of … Read more
This morning we had a Blue Ribbon Auction Event to raise money for The Prostate Cancer Foundation. This was an enormous success and we raised $6,500 to go towards finding better diagnosis and treatment options for prostate cancer. A very heartfelt thank you to all the businesses @Soul Bar, Kent … Read more
Auction Round Up for September 2019 It has been a very busy and active month for the Auction in September. Our Auction Success rate is 87.5% a little down on September 2018, but still a very solid result. Just over $8,000,000 worth of Apartments were sold this month by … Read more
On a week where there has been a lot of focus on Auctions, the City Realty Group again had a great week with 83% Clearance. Diane Goer from the Sandringham Office had a great Auction for 31 Linwood Avenue, Mt Albert with 145 Groups through the campaign and 4 registered … Read more
Another good active week on the Auction floor this week for the City Realty Group with 100% Sold! The Auctions started Monday Morning with Ann Bennett’s (City Apartment Team) property at 406/85 Beach Road, Auckland being brought forward after a Pre Auction Offer was presented to the owner and accepted after only … Read more