50 basis point cut reflects “urgent” need for economic stimulus
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.
Latest Market Statistics
Read Now
Read Now
Up to Date
News
Hilltop home hits the market for first time in 75 years
A close family connection to Paul Pascoe led to a one-bedroom home in Clifton being designed by renowned architects Pascoe and Hall.
Kevin He and Sunny Sun take on Ray White Blockhouse Bay
Renowned local real estate agent Kevin He and his partner Sunny Sun have kicked off the next step in their journey, opening Ray White Blockhouse Bay.
Seller overjoyed after “crazy bidders” compete for property
When selling his home of 13 years, vendor Steve knew he wanted to go to auction.
New Zealand opens doors to foreign buyers
New Zealand has partially lifted its foreign buyer ban, allowing “golden” visa owners to purchase a single residential property valued at $5 million or more.
$30M in property sold under the hammer on the North Shore
Ray White businesses across Auckland’s North Shore and Hibiscus Coast teamed up to sell nearly $30 million in property across three sites during their auction extravaganza, The Event 4.0.
Auctions see strong volume and clearance
Ray White New Zealand scheduled 206 properties to go under the hammer last week, up 10.8 per cent year-on-year.
From boom to equilibrium: New Zealand's housing market in three phases
New Zealand's housing market has reached equilibrium after three phases: pandemic speculation, correction, and recovery. Median prices stable at $761k with sustainable buyer demand replacing investment activity.
Auctions preferred method of sale for spring
Ray White New Zealand scheduled 128 properties to go under the hammer last week, with a clearance rate of 51.7 per cent.
Agent organises renovation for vendor’s investment property
Ray White Papanui agent Rob East was more than happy to take the reins when it came to coordinating a renovation for his client, Ben, who lived on the opposite side of the country.
Ray White Now | August 2025
Fireworks will wait until November, as we cross into the second half of 2025, the performance of our residential property market continues to confound those seeking a dramatic recovery. While sales activity is up 17 per cent year-on-year, property prices have barely budged. It begs the question – how can … Read more
Ray White Now | July 2025
The market isn’t roaring, but it hums. Quietly. Persistently. What we’re seeing isn’t a comeback or collapse, it’s a recalibration in real-time. Not the dramatic kind that grabs headlines, but the kind that changes outcomes. CLICK HERE TO READ FULL REPORT Proudly presenting New Zealand property market insights in real … Read more
Ray White Now | June 2025
While some are waiting for the market to change, others have adjusted their position in the market, and currently, we’re seeing sellers reclaiming control. Following a challenging period for Kiwi households and the economy, marked by a recession, high borrowing costs and subdued sentiment, positive momentum is building. CLICK HERE … Read more
Ray White Now | March 2025
The residential property market is on the move again. Following a prolonged period of uncertainty, we’re seeing clear signs across the country of renewed activity. Buyers are returning, investors are re-engaging, and confidence is building. But this isn’t just a market shift, it’s an integral development for the broader economic … Read more
Ray White Now | November 2024
Our penultimate edition of Ray White Now in 2024 marks a distinct turning point for New Zealand’s housing market. Backdropped by dynamic local conditions and uncertainty in the global economy, the current real estate landscape presents opportunities for strategic decision-making. For sellers considering their options, understanding the trends driving buyer … Read more
Ray White Now | October 2024
We have now stepped into the final quarter of 2024, and New Zealand’s real estate landscape is riding an undercurrent of change, moulded by economic factors and the human behaviours that drive residential decision-making. CLICK HERE TO READ FULL REPORT Proudly presenting New Zealand property market insights in real time.
Ray White Now | September 2024
In the ebb and flow of economic cycles, certain changes stand out as defining moments that shape markets for years to come. Recent months have offered just such a turning point for New Zealand’s housing sector, driven by a series of small but meaningful economic events reframing the landscape for … Read more
Ray White Now | August 2024
In a market that’s been steadily anticipating change, the recent cut in the Official Cash Rate (OCR) by the Reserve Bank of New Zealand (RBNZ) has confirmed what many in New Zealand’s property sector had already expected…read more in our latest Property Market Report. CLICK HERE TO READ FULL REPORT … Read more
Ray White Now | July 2024
Another Monetary Policy Statement (MPS) has passed with another stay in the Official Cash Rate (OCR) – which was kept unchanged for the eighth consecutive time at 5.50 per cent…..read more in our latest Property Market Report. CLICK HERE TO READ FULL REPORT Proudly presenting New Zealand property market insights … Read more
Ray White Now | June 2024
As we enter the second half of the year, Kiwis across the residential landscape suddenly find themselves on a very different playing field, marked by policy change that is set to shift the dial for several key buyer groups….read more in our latest Property Market Report. CLICK HERE TO READ … Read more
