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  • 41 registered buyers for one home breaks Auckland City record

    A Ray White record was smashed last night as 41 bidders registered to buy 15 Cardwell Street (pictured above) in Onehunga – the largest number ever recorded for an Auckland City property by Australasia’s leading real estate group. The renovated 1920’s three-bedroom, two-bathroom home....

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  • July results see significant sales increase

    The Ray White Group in New Zealand has delivered a company-best record sales month for July 2020. After only three months post the lockdown period in New Zealand, sales volume across the Ray White network had rebounded to produce a record month, being 52 per cent higher....

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  • Ray White Maguires Group sells 91% of auction listings

    Auction as the preferred method of sale is proving more popular than ever in New Zealand and figures just released by the Ray White Maguires Group shows sellers exactly why. The combined offices of Mission Bay, Eastridge, Kohimarama, St Heliers and Stonefields had....

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  • Yellow is the new green

    Ray White Bishopdale and Strowan have taken the leap into sustainability, converting their property management vehicle fleet to 100 per cent electric, turning yellow into the new green. Ray White Bishopdale and Strowan franchise owners Barry and Karen Ellis recognised they....

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  • Ray White’s Leadership Academy zooms in 2020 style

    Ray White on Wednesday hosted its sixth Leadership Academy over Zoom for its corporate team with world-renowned Harvard Business School Professor Boris Groysberg. The highly interactive session was facilitated by Boston-based Prof Groysberg with 115 Ray White and Loan Market members....

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  • CVs smashed as three Auckland City homes sell for NZ$3.98M

    A whopping 31 registered buyers battled it out for just three properties at auction last night (above) as the team at Ray White One Tree Hill sold three houses for a combined NZ$3,980,000. “The in-room auction was packed to the rafters and the whole evening....

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  • Renovator’s dream fields 16 offers and sells for NZ$365,000

    A renovator’s dream in Masterton has sold for NZ$365,000 after receiving a huge 16 offers – further highlighting that it is very much a seller’s market right now. The four-bedroom, two-bathroom property at 29 Miro Street screamed potential, and the interest throughout the....

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  • West Auckland house sells for NZ$890,000 over CV at auction

    A three-bedroom West Auckland home that was a developer and land banker’s dream has sold for NZ$1,820,000 under the hammer – a staggering NZ$890,000 over the CV price. The campaign for 22 Lowtherhurst Road in Massey attracted 30 inspections – with some....

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  • Tony Alexander Economic Roundup for week of 3rd August 2017

    Labour Market Fundamentally Strong The data highlight for us economists this week was not the number ten – representing days in the job for Mr Scaramucci. Instead it was yesterday’s collection of numbers showing the state of our labour market in the Household Labour Force Survey and Labour Cost Index. … Read more

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  • Tony Alexander Economic Roundup for week of 11th May 2017.

    Retail Spending Strong Sort Of Fresh economic data have been fairly thin on the ground this week. We learnt that core retail spending using debit and credit cards rose 1.4% in April to deliver an annualised pace of growth in the most recent three months of 5.4%. This is … Read more

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  • Tony Alexander Economic Roundup for week of 20th April 2017.

    Higher Inflation This morning we learnt that New Zealand’s inflation rate has lifted from 1.3% to 2.2%. Core inflation measured as non-tradeables inflation has risen to 2.5% and trimming away the top and bottom 10% of items rising and falling gives inflation at 2.2%. Excluding food and energy … Read more

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  • Tony Alexander Economic Roundup for Week of 7th April 2017

    Last Friday we learnt from the ANZ’s monthly business survey that like consumers businesses have become a tad less confident about the economy recently. Only a net 11% of businesses early in March felt that the economy would improve over the coming year. This is the lowest reading since … Read more

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  • Tony Alexander 30 March 2017 Weekly Overview

    30th March 2017 Weekly Overview Bits and Pieces At the start of one of the talks I gave last week attendees were asked what they would like to hear discussed. Here are some of the things they listed. Income inequality This reflects a debate coming from two sources. First … Read more

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  • Tony Alexander BNZ Economist Weekly Overview 1st September 2016

    Strong Business Sentiment Having written quite a bit last week summarising my thoughts not too much fresh is jumping out of the grey cells this week. Suffice to say that we continue to get firm economic data being released including in the shape of our own quarterly BNZ Confidence Survey. Businesses are definitely feeling happy … Read more

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  • Waiuku is a House Buyers Hot-Spot

    Featured in today’s New Zealand Herald (30th August 2016) the following data shows that Waiuku housing stock median sale price over the months of February 2016 to July 2016 has jumped some 26% sitting at a new average of $582,000. Our little town is certainly creating a buzz among house-hunters … Read more

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  • Tony Alexander BNZ Economist Weekly Overview 25th August 2016

    A Few Reasonable Thoughts NZ dairy prices appear to be edging up. Our economy is well underpinned by a range of sectors including tourism, construction, export education, most primary exports. Investors globally are searching for yield and looking further and further afield. Given these factors is it reasonable to expect … Read more

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