Dear Wellington Property Owner,

While the last six months has raised a lot of questions around the direction of the real estate market and the impact of Covid-19, there is increasing evidence that sales volumes, housing prices and lending affordability are creating significant momentum in the market. There has been a good supply over the last quarter which has allowed buyers to borrow and purchase with confidence and given the amount of competition and the depth of the buyer pool, sellers have been achieving excellent prices based on market competition.

This Ray White Now Report is produced in conjunction with real-time data from our 182 offices across New Zealand. Ray White, on a monthly basis, completes over $1.3 billion worth of property transactions and currently manages a portfolio of 19,228 properties through our property management division.

We welcome your enquiry to assist with your real estate needs across New Zealand.

Right now is the time for us to talk about the potential of your Wellington home, contact us anytime halina@wellingtonresidential.co.nz or call 0212263917

12 October 2020