PHOTO: Ray White New Zealand – April 2018 RESULTS

Ray White New Zealand recorded sales that were 16% up on April 2017. However, the results were slightly down from March 2018, which was a personal best for Ray White New Zealand.

The month of April had several holidays which slowed sales marginally. The results saw the company sell 1,384 properties for a total value of $833 million. There was continued strong listing activity, which resulted in an 8% increase, with the company being entrusted to sell 1,757 properties exclusively. While the number of properties coming onto the market continues to be strong, the level of sales indicates a moderate supply of property available to purchasers and we see that May will continue this similar trend.

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