Ray White New Zealand has recorded an increase of 15% for sales for June 2013 in comparison to 12 months ago. The sales turnover for June was less than the May total value of sales and decreased by 15%.
Ray White New Zealand Chief Executive, Carey Smith, said “Sales for June continue to surge on the back of confidence from buyers, with interest rate stability and the number of new properties which have been available for purchasers consideration. Our group has also welcomed three new offices during the past month. It is expected that the sales numbers will continue at a high level with the economy showing signs of improvement and also the recent statistical evidence of the number of first home buyers utilising the Kiwi Saver incentives for the purchase of property.”
Overall the company completed $469 million of released sales in the month of June. There was a decrease in the number of properties listed by Ray White members on last month down by 8% being 2,004 with 21% of those being marketed by auction.
The top five businesses in the group included number 1 being Ray White City Apartments who recorded 89 sales for the month; number two was Ray White Remuera who a completed record sales for the quarter in excess of $85 million in turnover; Ray White Central Auckland Commercial achieved another successful sales month completing $26.3 million; Ray White Ponsonby were fourth nationally; with Ray White Metro in Christchurch, who also led their local zone, ranked as the number five office in New Zealand.
In the Northland region Ray White Whangarei completed another outstanding month. In Auckland other leading businesses included Ray White Royal Oak, Ray White Howick, Ray White Half Moon Bay who all finished in the top 10 businesses across New Zealand. Ray White Papamoa were the top business in the Central North Island. Ray White Wanganui completed another successful sales month and were the leading business in the Lower North Island. Ray White Richmond were the top Upper South Island business. Ray White Metro, Ray White Rolleston and Ray White Full Circle were the top businesses in the Canterbury region. Ray White Wanaka completed personal best sales to be the number one office in the Lower South Island.
Ray White New Zealand has further grown during the month of June with new offices opening in on the North Shore in Forrest Hill and Manly. The group will be opening a further new office on 4th July in Sandringham.