The Ray White Group has again lifted the number of sales completed by the company. The month of July 2013 saw 18% more sales released totalling just over half a billion dollars in property sales. The result was 1% ahead of last month.
Across the zones; the Northland area increased by 16% on the same time last year, with a similar increase in the number of controlled properties listed by the members through this region. In Auckland there are now 55 offices trading and they completed in excess of $300 million in sales, up 19% on last year. The controlled listings increased by 4%. The Central and Lower North Island zones were similar with increases of 15%. The number of properties available in this area reduced by 4% and this is at an all time low level. The Upper South Island was similar in trading to the same time last year. The Canterbury region showed a 22% increase; however there was less stock available by 1%. The Lower South Island returned similar figures to the same time last year and stock levels were also similar to the same period in 2012. Overall the company increased its stock position by 1% with a total of 2,016 properties listed; being made up of 532 auctions, 145 tenders and 2,239 exclusive appointments.
The top five businesses throughout New Zealand were represented by number one Ray White City Apartments who completed 91 sales. Ray White Ponsonby sold $23.1 million worth of property. Ray White Remuera were number three and completed $20 million in sales. Ray White Royal Oak and Ray White Ellerslie both completed over 40 sales and were number four and five respectively in the Ray White Group. Other offices to lead their respective zones included Ray White Whangarei in Northland; Ray White Hamilton in the Central North Island; Ray White Wanganui in the Lower North Island. Ray White Richmond completed $8.3 million in sales in the Upper South. The Canterbury zone was led by Ray White Metro and Ray White Dunedin was the top office in the Lower South Island.