Auctions strong across the country
Ray White New Zealand scheduled 260 properties to go under the hammer last week, up 22.1 per cent year-on year.
Ray White New Zealand scheduled 260 properties to go under the hammer last week, up 22.1 per cent year-on year.
One of Chatswood’s last original homesteads has hit the market after a tasteful renovation brought the home into the 21st century.
Ghost hunters mapped 82 haunted New Zealand locations, discovering spirits concentrate in expensive suburbs. Dunedin Central tops the list with seven sites, while hotels and cultural venues attract the most supernatural activity.
Ray White New Zealand saw 273 properties scheduled to go under the hammer last week, with a 60 per cent clearance rate.
Ray White A T Realty saw more than $27 million in property sold under the hammer at their in-room auction event The Day yesterday.
New Zealand's shift to denser housing is reshaping dog ownership, with Auckland having just 6.8 dogs per 100 people and apartment-friendly breeds replacing traditional terriers.
Ray White New Zealand saw a 56.8 per cent clearance rate across their 149 auctions last week, up 6.48 per cent year-on-year.
New Zealand's housing market continues its post-pandemic equilibrium, with September 2025 data showing familiar seasonal patterns rather than structural shifts.
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.
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.