Source: Ray White New Zealand
The national clearance rate rose to 51.40 per cent, while the average number of registered bidders per auction jumped 48 per cent to 2.7.
Auctions accounted for 31.40 per cent of all new listings— reaffirming their role as a preferred method of sale for many vendors.
On the ground, our sales teams are seeing tangible signs of renewed optimism. Attendance remains strong, and more auctions are attracting double-digit bidder registrations— a testament to growing competition and buyer interest.
While a degree of caution persists, inventory levels and favourable economic signals are encouraging both buyers and sellers to act, especially with a further Official Cash Rate( OCR) announcement this month.
With transparency and competition at their core, auctions continue to deliver premium outcomes, fostering trust and consistently achieving strong sale prices. As the market continues to evolve, Ray White remains committed to setting the benchmark for auction excellence.
We are proud to be among New Zealand’ s leading auction agencies and look forward to building on this momentum through 2025 and beyond.
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