The Reserve Bank of New Zealand has raised the cash rate for the second time this year. Inflation came in above the Bank's own forecast, with petrol driving most of the increase but local costs adding to it.
Ray White New Zealand is proud to announce the opening of its newest office, Ray White Katikati, led by experienced real estate leaders David Sylvester and Grace Anderson.
A decade ago, the million-dollar suburb was almost exclusively an Auckland phenomenon. The map of where that threshold sits today, and where it is heading next, tells a very different story about New Zealand housing.
A market that looks flat on paper can still be falling in real terms. New Zealand house prices have held inside a narrow band for three years while inflation has quietly widened the gap between nominal and real value.
Since New Zealand’s international buyer ban was updated, Ray White New Zealand has seen limited activity from international buyers, with 91 per cent of sales over $5 million going to New Zealand residents.
The Reserve Bank of New Zealand has raised the Official Cash Rate by 25 basis points to 2.50 per cent.
A historical beachfront home on the sought-after Sumner Esplanade has hit the market for the first time in more than three decades.
Ray White Mt Eden is proudly celebrating its 10-year anniversary, marking a decade of market leadership, innovation, and unwavering client commitment under the guidance of business owner Jared Cooksley.
Parking rates are one of the more honest indicators of CBD vibrancy. Across New Zealand's three largest centres they are now moving in different directions, and the reasons sit outside the parking market itself.
Buyers remained highly active at Ray White A T Realty's latest Game Day auction event, with 598 bids placed across eight hours of auctions and active bidding recorded on 97 per cent of properties called.