What's happening in the market right NOW
Read Here
News

The November Auction Round Up

By Cameron Brain

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 days, with our City Apartment Team still leading the way with an Average Day on Market for their Auction Properties at 21 days.

As we lead into the Christmas period, it is encouraging to see the level of Auction Activity. The group has 28 Auctions booked in for December and a further 10 Auctions already booked in to start in the New Year.

Watch the full video update here

Up to Date

Latest News

  • Investor Demand Spikes as Auckland Apartment Market Delivers

    It’s without question confidence has returned to the property market with Ray White New Zealand now completing its third consecutive record-breaking month, which is extremely encouraging. With a strong mix of buyers across the board from first home buyers, to empty-nesters, to investors driving this enquiry, it’s fair to say … Read more

    Read Full Post

  • A Seller’s Market – what are you waiting for?

    Against many predictions, the New Zealand property market continued to buck the trend throughout August, backing up Ray White New Zealand’s record-breaking July. These are extraordinary results given the somewhat turbulent times that we’re experiencing at present. We’re pleased to report that despite Auckland entering Alert Level 3 and the … Read more

    Read Full Post