Auction volumes were up again last week at Ray White New Zealand, with the group scheduling 110 properties to go under the hammer, up 35.8 per cent compared to the same time last year. Ray White New Zealand recorded a....
Atom Go TianSenior Data AnalystRay White Group Which are the next suburbs where house prices will exceed $1 million in 2025? First, let’s consider where these $1 million suburbs are at the moment and how they’ve been growing over the....
The winter chill has slowly started to take its hold on auction volumes, with Ray White New Zealand scheduling 125 auctions across the nation last week, down 6.7 per cent year-on-year. The network recorded a clearance rate of 47.9 per....
Recently, the A T Realty Group and their property management arm, 360 Property Management, celebrated the commitment to the company of the foundation members and those who have been with the business for the past decade. A T Realty opened....
Vanessa RaderHead of ResearchRay White Group The Reserve Bank of New Zealand (RBNZ) has maintained its Official Cash Rate at 5.50 per cent, signalling a pause in its monetary tightening cycle. This decision reflects the central bank’s careful balancing act....
Ray White New Zealand scheduled 163 auctions last week, up 4.5 per cent year-on-year, with a clearance rate of 42.3 per cent. The group recorded an average of two registered bidders and 1.8 active bidders per auction. Properties which sold....
Renowned owner of Ray White Remuera, Megan Jaffe, and her business partner Thomas Farmer, have taken the next step in their real estate journey, opening Ray White Ponsonby. With Ray White Remuera being Ray White’s number one office internationally for....
Atom Go TianSenior Data Analyst Ray White Group Firstly, what is “affordable?” According to Stats NZ, average weekly earnings as of June 2023 was $1,273 per week, a 25.3 per cent increase from five years ago. During the same period, rents....
Ray White is pleased to announce that Glenn Carpenter has acquired the Ray White Manly and Peninsula sales business from Gary, Jayne, and Vicki. This strategic move marks a new chapter for the business. Gary and Jayne, will retain the....
Ray White New Zealand scheduled 148 auctions to go under the hammer last week, up 8 per cent year-on-year. The network recorded a clearance rate of 41.7 per cent, with an average of 2.1 registered bidders and 1.8 active bidders....
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
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
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
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
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
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
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
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
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
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