Steele says that auctions accounted for 38.40 per cent of all new property listings, reaffirming their position as the preferred method of sale for sellers seeking confidence, competition, and clarity in the marketplace.
“ Properties sold under the hammer recorded an average of 30 days on market, compared with 49 days for other sale methods. This demonstrates the speed and transparency of the auction process.”
Steele says that as Kiwis head into the final weeks of the year, auction activity continues to build, fuelled by the countdown to Christmas and the onset of the vibrant summer market.
“ Ray White remains committed to delivering excellence in every auction, helping more buyers and sellers move forward with confidence in this energised and opportunityfilled environment.”
Source: Ray White New Zealand
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