Clearance rate up after OCR cut
Last week's 50 basis point rate cut seemed to have a positive impact on the auction market last week with Ray White New Zealand recording a 58.1 per cent clearance rate, up 10.95 per cent year-on-year.
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50 basis point cut reflects “urgent” need for economic stimulus
The Reserve Bank of New Zealand has cut the Official Cash Rate by 50 basis points to 2.50 per cent, a stronger move that reflects the urgency of deteriorating conditions.
Hilltop home hits the market for first time in 75 years
A close family connection to Paul Pascoe led to a one-bedroom home in Clifton being designed by renowned architects Pascoe and Hall.
Kevin He and Sunny Sun take on Ray White Blockhouse Bay
Renowned local real estate agent Kevin He and his partner Sunny Sun have kicked off the next step in their journey, opening Ray White Blockhouse Bay.
Seller overjoyed after “crazy bidders” compete for property
When selling his home of 13 years, vendor Steve knew he wanted to go to auction.
New Zealand opens doors to foreign buyers
New Zealand has partially lifted its foreign buyer ban, allowing “golden” visa owners to purchase a single residential property valued at $5 million or more.
$30M in property sold under the hammer on the North Shore
Ray White businesses across Auckland’s North Shore and Hibiscus Coast teamed up to sell nearly $30 million in property across three sites during their auction extravaganza, The Event 4.0.
Auctions see strong volume and clearance
Ray White New Zealand scheduled 206 properties to go under the hammer last week, up 10.8 per cent year-on-year.
From boom to equilibrium: New Zealand's housing market in three phases
New Zealand's housing market has reached equilibrium after three phases: pandemic speculation, correction, and recovery. Median prices stable at $761k with sustainable buyer demand replacing investment activity.
Award-Winning Property Management: 360 Awarded #1 in New Zealand
For the third year in a row, 360 Property Management has been named Property Management Office of the Year (Large) at the 2025 Ray White New Zealand Annual Awards. Held at Spark Arena, the event brought together more than 1,300 members from across the Ray White network to celebrate the … Read more
Auctions preferred method of sale for spring
Ray White New Zealand scheduled 128 properties to go under the hammer last week, with a clearance rate of 51.7 per cent.
What the OCR Cut Means for Landlords and Investors
Today’s highly anticipated rate cut is welcome news for mortgage holders and aspiring buyers, with the Reserve Bank of New Zealand cutting the Official Cash Rate (OCR) by 25 basis points, bringing it to 3.00 per cent. Ray White chief economist Nerida Conisbee said the central bank was responding to … Read more
8 Floors, 15 Homes, 3 Incredible Property Managers – When Disaster Struck, Our Team Stepped Up
Earlier this year, an eight-storey apartment building in Auckland was hit by a catastrophic flood.Water poured from the top floor, damaging every apartment below and leaving the entire building uninhabitable. We managed 15 of the affected apartments – all cared for by three of our incredible team members: Jacqui Kendall, … Read more
From Auckland to the World Stage – 360 Property Management Earns International Honours
At 360 Property Management, looking after someone’s biggest investment means more than collecting rent and organising maintenance – it’s about safeguarding futures, growing wealth, and giving our clients peace of mind. That commitment has once again been recognised on the world stage. We’re proud to have been named #2 International … Read more
