The latest edition of Ray White Now is here! Although delayed, these real estate insights are still very much applicable to the current market.
While changes have occurred in the confidence of buyers and sellers to transact real estate across New Zealand, the ability to borrow money has seen a continued lowering of barriers over the past month. Rising interest rates remain on the agenda of the Reserve Bank, with last week’s announcement of a .75 basis points lift in the Official Cash Rate, which now sits at 4.25%. Read and share more of this insights with the links below.
Ray White Now - November 2022
We present Ray White Now for September 2022 - latest trends & market update.
We proudly present New Zealand real estate insights in real-time; Ray White Now July.
It remains difficult to get an accurate indication of market conditions. It is clearly a property-by-property proposition and is largely determined by our results and clearance rates. Auction remains the highest success rate we have within our marketing. 54.6% of all property is selling before, under the hammer, or directly after, in line with the auction process.
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