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  • Ray White Mt Eden hammers home $16.1M in one night

    Auckland’s barnstorming auction market has shown no sign of letting up as Ray White Mt Eden successfully sold seven properties under the hammer for over $16.1 million last night. It has been an outstanding start to the year for the....

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  • Gavels continue to fall across Auckland in Alert Level 3

    Alert Level 3 in Auckland still shows no sign of slowing down the raucous property market as gavels continued to fall across multiple suburbs to produce some exceptional results. “The people of New Zealand have become well accustomed to buying property....

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  • Alert Level 3 no obstacle for Auckland auctions

    Ray White agents in New Zealand have proven to be as dynamic as ever as Australasia’s largest real estate group pivoted to moving the vast majority of their auctions online overnight – and in doing so achieved some outstanding results....

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  • $3.58M sale headlines stellar auction night

    Auctions continued to reign supreme last night as sellers achieved some outstanding results under the hammer in and around Auckland as the property market remained red-hot. The stand-out auction of the night belonged to Ray White Remuera Salesperson John Lantz who....

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  • Auction hat-trick for Ray White Manly and Peninsula

    Ray White Manly and Peninsula celebrated a hat-trick of under the hammer successes at their first in-room auctions of the year as the New Zealand property market continued to fire. The biggest and stand-out sale came courtesy of Salespeople Gary Martin....

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  • 2021 off to a flyer with awesome Auckland auctions

    The property market in Auckland has continued its strong momentum into the new year as the first major auctions of 2021 for Ray White offices got off to an absolute flyer. It was a particularly good day with the gavel for....

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  • January 2018 NZ Market Update from Loan Market

    From January, the Reserve Bank of New Zealand loosened LVR restrictions on banks trading in New Zealand. LVR is essentially the amount a bank is allowed (under Reserve Bank rules) to lend against the value or purchase price of a property. To try and slow the everstrong NZ property market, … Read more

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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 15th September 2016

    Handout For A Recent Talk I gave a presentation this week to some potential home buyers at a function in Takapuna this week and promised them that I would reprint in the Weekly Overview the 15 points I raised regarding the Auckland housing market. So here they go, in no … Read more

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  • Tony Alexander BNZ Economist Weekly Overview 8th September 2016

    Keep Calm and Carry On I wonder how many people are still sitting out there, holding off from buying a house, hiring staff, or undertaking capital expenditure because they expect the economy to fall into a hole in the ground because of the collapse in the dairy payout, the … 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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  • 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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