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Ray White reports 50 percent sales increase in October
Friday November 6, 01:58 PM
Property sales are up for the Ray White Group with a 50 percent increase in sales last month, compared to the same period last year.
Ray White New Zealand chief executive Carey Smith said all regions across New Zealand had a record number of listings and a 37 percent hike in turnover for this year to date.
The Auckland market had the greatest rise with a 55 percent turnover rise in October, and total sales adding up to more than $205 million. "The top five Ray White offices for last month nationwide were Ponsonby, Manukau, City Apartments, Remuera and Kingsland," Mr Smith said.
"These offices combined to complete $65 million in turnover. Other standout offices included Mangawhai, Papamoa, Palmerston North, Richmond, Merivale and Arrowtown, which all had record results for the month."
Ray White also had a significant boost in turnover on the upper South Island.
"Ray White has five offices in this area and their turnover surged to $20 million," added Mr Smith.
The Ray White Group trades through 131 offices in the country and turns over about $5.3 billion in property sales a year.
Source:
- Wakefield Hospital Limited (NZX: WFD.nz)
- Contact Energy Limited (NZX: CEN.nz)
- Fisher & Paykel Healthcare Corporation Limited (NZX: FPH.nz)
- Hellaby Holdings Limited (NZX: HBY.nz)
- Nuplex Industries Limited (NZX: NPX.nz)
- Port of Tauranga Limited (NZX: POT.nz)
- Telecom Corporation of New Zealand Limited (NZX: TEL.nz)
- TrustPower Limited (NZX: TPW.nz)
- Fletcher Building Limited (NZX: FBU.nz)
- Infratil Limited (NZX: IFT.nz)
- Infratil Limited (NZX: IFT.nz)
- Telecom Corporation of New Zealand Limited (NZX: TEL.nz)
- Hellaby Holdings Limited (NZX: HBY.nz)
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