Ray White New Zealand books record November

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Ray White New Zealand has completed $2.33 billion in sales, up 26.4 per cent from November last year, helping 4,300 buyers and sellers with their property ambitions. 

Despite the Level 3 lockdown restrictive conditions, the Auckland zone alone completed a record result of $1.62 billion in sales in the month. 

There were a total of 3117 listings for the month of November, and, as the country enters into its new traffic light system, Ray White New Zealand currently has 4223 properties on the market, which CEO Carey Smith said was the highest in two years. 

“The overall numbers of sales increased by 2.6 per cent and the residential listings were much stronger, increasing by 36.8 per cent,” Mr Smith said. 

“The top five Ray White offices across NZ were led by Ray White Remuera with their team completing $127.4 million in sales, Ray White Manukau completed a personal best of $118.1 million in sales also continuing their momentum in their auction business with 149 submissions in November. 

“Ray White Ponsonby completed $77.8 million to come in at number three. Ray White Howick was number four completing $68.1 million in sales, and Ray White Parnell came through at number five with $65.7 million in sales.

Mr Smith said that the month of November reflected the continued confidence in buyer activity and, with the additional choice of properties coming to the market, this allowed buyers to make decisions. 

“Property prices continue to increase on the strength of the buyer’s pool and while there are some barriers in regards to finance the annual lift in property prices continues to provide additional surety for purchases,” he said. 

“In November, 24 Ray White offices achieved personal-best results with Ray White Auckland zone completing a personal-best sales result of $1.576 billion of residential property sales. 

“The Upper South Island and Canterbury zones also achieved personal-best sales results.

“The Ray White group welcomed four new offices over the last month including Pt Chevalier, Mairangi Bay, Lochores Birkenhead, and a new office Birkenhead Point. 

“Ray White has also confirmed the opening of Orewa and Bombay in the coming months.”