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  • Buyers continue to benefit from choice at auction

    Ray White New Zealand scheduled 128 auctions last week, up 34.7 per cent year-on-year, with a 43.8 per cent clearance rate. The network recorded an average of 1.8 registered bidders and 1.5 active bidders per auction. Auctions continue to provide....

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  • Winter won’t slow down auction volumes

    Auction volumes continue to be up on last year as we head into winter. In the first week of June we saw Ray White New Zealand schedule 161 properties to go under the hammer, up 59.4 per cent year-on-year. The....

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  • Auctions continue to achieve top results for sellers

    Auction volumes remain high across Ray White New Zealand, with the group scheduling 228 properties to go under the hammer last week, up 66.4 per cent year-on-year. Ray White New Zealand recorded a clearance rate of 41.1 per cent, with....

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  • Availability of luxury homes sees a sharp decline 

    Atom Go TianSenior Data AnalystRay White Group For the second year in a row, both luxury house and luxury unit transactions decreased. For Auckland, houses that sold for more than $5 million were considered to be luxury houses, and units....

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  • Residential crane count falls across New Zealand

    Vanessa RaderHead of ResearchRay White Group Results from Rider Levett Bucknall’s Crane Index for the first quarter of 2024 highlight a continued reduction in cranes on the New Zealand skyline to a three year low. There were just 139 cranes....

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  • Surge in auction volume

    Ray White’s auctions showcased resilience and momentum last week, with 171 auctions booked nationwide which achieved a 46 per cent all sold success rate. These figures represent a substantial 26 per cent surge in auction volume year on year while....

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  • Understanding the Real Estate & Economic Cycle

    4th May 2023. Picking exactly where we are in the economic and property cycle is always a challenge. Historically, a complete circumnavigation of the clock below can be 8 – 10 years, depending on the location, type of property, economic factors, and demand … Read more

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  • A Better Understanding Of Property Insurance

    At a point in time that we reflect, following two of the most major weather events to occur in Auckland and NZ ‘s history, I thought that a blog on house and/or commercial property insurance is worthwhile reading. Clearly, under-insurance is a significant issue that can have serious … Read more

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  • Do School Zones Impact House Prices?

    Popular school zones are considered a big driver of house prices, but it is hard to pinpoint exactly how much additional value is due to the zone alone, experts say. While no-one doubts the positive impact a good school zone can have on an area, new CoreLogic figures suggest price … Read more

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  • New GV’s – March 2022

    What you need to know Patiently awaited, the latest Government Valuations have been recently released in the last fortnight, being the first review in over 4 years. Normally a 3 yearly cycle, all the G.V’s have been delayed due to Covid-19 and should have been updated as of 1st June … Read more

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  • New Government Valuations

    New Government Valuations ‘1st time in 4 years’! New Government Valuations released in December. Government Valuations (G.V.’s) are released on a normal 3 yearly cycle, with the last computer-based mass appraisal completed having an effective date of 1st July 2017. Over 4 years ago. Last … Read more

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  • Action at the Coal-Face

    Who would have thought that I would be writing this market insights blog two weeks into a COVID-19 Level 4 lockdown ! Looking around the world, no matter what your political leaning is, thank goodness we are not experiencing the extent of Delta outbreak that many other countries are fighting. … Read more

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  • How to Know When You’re Ready to Buy a Home

    Here at Lochore’s Real Estate, we’ve been operating as real estate agents in the lower North Shore for decades, so we’ve seen a lot of people take their first step into home ownership over the years. We understand; it’s a big decision, involving a complicated marketplace, and what’s likely to … Read more

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  • Residential Tenancies Amendment Act 2020: A Guide

    The New Zealand government recently passed the biggest changes in Tenancy legislation in 35 years, outlined in the Residential Tenancies Amendment Act 2020. Here at Lochore’s Real Estate, we keep up to date with all things residential property and care about our clients’ investments, which is why our Auckland property … Read more

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  • The Best Ways to Add Value to Your Property

    Any improvements to your house that cost less than the value they add are worth the money, but which improvements yield the best returns? As one of North Shore’s leading real estate companies, we here at Lochore’s understand the factors that are likely to optimise the value of your home. … Read more

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  • Time to Look Again at Beach Haven & Birkenhead Properties

    Contrary to popular belief, Auckland’s North Shore real estate properties aren’t all expensive bay-side villas and costly waterfront homes. In reality, it’s home to some of the best value properties in Auckland, particularly for for first-home buyers—you only need to know where to look! We are, of course, talking about … Read more

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