Despite market pessimism for reasons well documented by media, May was a month of solid real estate activity across the A T Realty Group benchmarked by an early 81 per cent strike rate in our auction rooms and subsequent results continuing to track notably higher than our next best competitor (who for the record achieved a mediocre 21% in the same week and have remained around that level for the month).
As an example, 38 Marjorie Jayne Crescent in Otahuhu reached an impressive $1.631M under the hammer with 10 active bidders and an additional 17 bids after being announced on the market. Congratulations to Isha and Nav Kaur for their stellar performance on the campaign and ensuring rewards were reaped for an elated client cashing in on house prices that had risen strongly over a long period of time. As we continue to say, the broader perspective is important. Whilst the market is weaker than it was compared to last year’s “1 in 100-year peak,” long term holders of property remain situated on the right side of hearty capital gains and are wise not to delay life decisions to play the “wait and see” game in a market that has moved from “nuts” back to normal.
Ray White Manukau, Manurewa, Mangere and Mangere Bridge auctioned 46 properties at their The Day 5.0 auction event on Wednesday. The Day saw a clearance rate of 57 per cent, with a total of $22,128,500 in property sold under the hammer. With Ray White New Zealand auctioneers Sam Steele and … Read more
A T Realty is excited to announce a new collaboration with Nappkin, a New Zealand charity dedicated to supporting new parents, with a strong focus on maternal mental wellness. Nappkin provides crucial assistance to Kiwi parents experiencing severe sleep deprivation and postpartum depression by funding night nanny services. “Sleep deprivation … Read more