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  • Auckland Apartment Report – October 2024

    We’re Holding Our Collective Breath Director of City Realty Group, Daniel Horrobin says: “There are sufficient positive indicators now to instil confidence the market generally is gaining momentum, but still we hold our breath”. Our very own Loan Market partner Jamie Maclennan remarks “As last month’s cut in the official … Read more

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  • Cameron Brain Shines at Ray White Auctioneer Championships!

    City Realty Group is proud to announce the outstanding performance of Cameron Brain, our auction manager, at the recent Ray White Auctioneer Championships held at Ray White Head Office in Auckland. This event showcased the best real estate auctioneers in New Zealand, and Cameron’s success further solidifies his position as … Read more

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  • Ray White Auckland Central has been recognized as the Top 8 office nationwide at the prestigious annual Ray White Awards.

    Ray White Auckland Central has been recognized as the Top 8 office nationwide at the prestigious annual Ray White Awards, marking a significant achievement in the real estate industry. This recognition underscores the team’s commitment to delivering outstanding real estate services and achieving exceptional sales results for clients. Specializing in … Read more

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  • Auckland Apartment Report – September 2024

    When A Little Goes A Long Way What we are referring to is, of course, the 14 August announcement by the Reserve Bank that the Official Cash Rate was being trimmed by .25 basis points down to 5.25, the first cut since March 2020. Director of City Realty Group, Daniel … Read more

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  • Auckland Apartment Report – August 2024

    Is That Optimism In The Air ? Economic analyst and commentator Tony Alexander, 4 July: “The chances of interest rates being cut by the Reserve Bank before Christmas keep increasing.” In his latest agent survey Alexander reports: “Whereas a month ago only 1% of agents said buyers were displaying FOMO … Read more

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  • Auckland Apartment Report – July 2024

    Steady As She Goes Is Order Of The Day July 1, 2024 – a big day for the housing market. The bright-line test has been scaled back from 10 years to two years, the loan-to-value ratio (LVR) rules have been loosened, and the debt-to-income ratio (DTI) caps came into force. … Read more

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  • Auckland Apartment Report – June 2024

    Chaos Reigns – Or Does It ? OCR steady, First Home Buyers Grant gone, brightline test back to square one, investor interest deductibility reinstated, debt to income ratios start 1 July, LVR’s, job losses, the Budget, the cost of living, not to mention protest marches ………………………….. From The New Zealand … Read more

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  • Auckland Apartment Report – May 2024

    Inflation Slowing But Proving A Stubborn Beast REINZ CEO Jen Baird said about recent inflation levels: “Inflation came in at 4%. Which is good in the fact it is down from 4.7%. At its highest point, it was 7.3% back in June 2022. So the fact that it is trending … Read more

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  • Auckland Apartment Report – April 2024

    Good News Is Good News A Radio NZ headline on March 28 said: “Lower interest rates getting closer – Reserve Bank governor Adrian Orr.” Reserve Bank governor Adrian Orr said the tide was turning on inflation around the world and there was a clear feeling among central bank leaders he … Read more

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