Competition Creators - 16.05.2022

C O M P E T I T I O N C R E A T O R S

R A Y W H I T E N E W Z E A L A N D A U C T I O N S R E P O R T
9 M A Y - 1 5 M A Y 2 0 2 2
S C H E D U L E D :

157

( -1.3 % yoy )
Ray White New Zealand scheduled 157 auctions over the past seven days .
C L E A R A N C E R A T E : This week Ray White NZ had an all sold clearance rate of

49.0 %

Ray White New Zealand ' s average clearance rate this week was 49.0 per cent nationally .
B U Y E R S
Owner-occupiers were the majority of buyers across Auckland ' s auctions this week , making up 73.1 per cent of buyers , while investors made up 24.1 per cent . Ray White New Zealand recorded an average of 2.2 registered bidders , with an average of 1.8 active bidders .

69.4 %

Ray White reports active bidding on 69.4 per cent of auctions this week . Auctions this week sold 10 per cent over the highest offer prior .