Competition Creators - 12.07.2022

C O M P E T I T I O N C R E A T O R S

R A Y W H I T E N E W Z E A L A N D A U C T I O N S R E P O R T
4 J U L Y - 1 0 J U L Y 2 0 2 2
S C H E D U L E D :

109

( -40.4 % yoy )
Ray White New Zealand scheduled 109 auctions over the past seven days .
C L E A R A N C E R A T E : This week Ray White NZ had an all sold clearance rate of

42.6 %

Ray White New Zealand ' s average clearance rate this week was 42.6 per cent nationally .
B U Y E R S
The majority of buyers were owner occupiers across Auckland ' s auctions this week , representing 65 per cent of buyers , while investors represented 30 per cent of buyers . Ray White New Zealand recorded an average of 1.6 registered bidders , with an average of 1.2 active bidders .

71 %

Ray White reports active bidding on 71 per cent of auctions this week . Auctions this week sold 5.7 per cent over the highest offer prior .