21 November 2018

October 2018 Market Wrap

A stable economy backed by favourable market conditions, gives buyers and sellers alike a reason to feel confident and hopeful in the lead up to this year’s holiday season.


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‘tis (almost) the season…

With thoughts of fun-filled holidays and the opportunities a new year will bring, the news is all good, and that feeling of optimism and positivity, as it traditionally does, has filtered through into the real estate market.

With market conditions and the economy well supported, backed with low interest rates, and the bonus prediction that there will be no further movement until 2020, we are presented with the perfect opportunity for quality first-home buyers, ex-pats heading home, and those looking for a little more or less home space to make a move into the market. For those of you who are thinking of trading up or down – remember, if you are buying and selling in the same market, house prices are all relative.

That said, this is not a market for the faint-hearted. It is a time where experience counts. Listings are at incredibly high levels, meaning there is the absolute need to ensure that you have the right salesperson, supported by an experienced team, working in your best interests to market and sell your home; marketing that successfully engages all the buyers in the market place, alongside personalised and consistent follow through that assures that no buyer is left out of the opportunity to buy your property.

The team at Ray White Damerell Group are driven by success and trained to change with the market, so we can provide exceptional service that is relative to you and the market conditions. Our management team has committed to a growth and development culture for our sales team to ensure they are market-ready, so no matter what the conditions are like out there, we are ready to work hard for you to achieve your real estate needs. 

Select your area

  • Greater Ponsonby: Herne Bay, Ponsonby, Freemans Bay, Westmere, Grey Lynn, St Marys Bay
  • Lower North Shore: Northcote Point, Northcote, Birkdale, Birkenhead, Hillcrest, Beach Haven, Chatswood
  • Eden Quarter: Mount Eden, Kingsland, Eden Terrace, Sandringham
  • Western Fringe: Mount Albert, Mount Roskill, Point Chevalier, Three Kings, Western Springs
  • Greater Avondale: Waterview, New Lynn, Avondale
  • Greater Titirangi: Laingholm, Titirangi
  • Auckland City Apartments: Auckland City
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