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  • Resort-style Wattle Downs home sells for $445,000 over CV

    A beautiful resort-style five-bedroom Wattle Downs home has smashed its CV by a huge $445,000 as 77 St Annes Crescent (above) sold for $1.47 million under the hammer. The sale was successfully managed by Ray White Manurewa Salespeople Uros Bojovic and Josh Anderson, as....

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  • Super six auctions as Ray White Remuera tops $10.5M

    Powerhouse office Ray White Remuera last night celebrated a 100 per cent clearance rate under the hammer as six properties sold at auction for a combined value of over $10.5 million. It had been an exceptional opening third of the year....

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  • $11.4M worth of property hammered home in Christchurch

    Ray White auctions in Christchurch continued to prosper last week as a huge 16 reportable properties sold under the hammer at in-room events for more than $11.4 million combined. According to innovative data from Australasia’s leading property group, Ray White....

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  • Super six Ray White auctions sell up to 64% over CV

    Ray White Manukau I Manurewa I Mangere I Mangere Bridge offices have celebrated a great set of super six auctions as sellers reaped the rewards of taking their home under the hammer. Innovative internal data showed that the six properties sold....

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  • Christchurch auctions hammer home over $6.5M

    Auction in-room success for Ray White offices across Christchurch continues to impress as 10 properties sold under the hammer for more than $6.5 million combined. Innovative internal auction data from Australasia’s leading property group, Ray White, showed the Garden City had....

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  • Christchurch auction market shows no sign of slowing down

    The auction market in Christchurch has once again showed no sign of slowing down as Ray White offices across the city sold more than $9 million worth of property via in-rooms last week. Innovative internal auction data from Australasia’s leading property....

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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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