http://nz.biz.yahoo.com//091106/3/fj22.html

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.