-Mar 27, 2025 By City Sales Ltd

Auction Recap: A Strong Start for Buyers and Sellers Alike

At our latest auction, we had two properties go under the hammer with impressive results.
1010/8 Ronayne Street, a leasehold property, and 3o/147 Hobson Street both sold to the highest bidders after intense competition.
The Ronayne Street property saw a thrilling 10 bidders, while the Hobson Street property had 7 – showing just how competitive the market is right now.

It's clear buyers are back in action, and it's a great time to sell. With interest rates as low as they're likely to get – as highlighted by Squirrel today – if you can secure a sub-5% rate, now is the time to lock it in. Economists across the board agree: while the market may not experience a sharp recovery, the current conditions make it a fantastic time to buy, as echoed by Squirrel, Mike Hosking on Newstalk ZB, and other key market authorities.

If you're considering buying or selling, there's no better time than now. Reach out today to discuss your options.

Related Posts

-May 7, 2021

Ending A Tenancy

Find out about your responsibilities when ending a tenancy.

Read More
-Oct 18, 2022

Understanding Rental AppraisalsĀ 

Read More
-Aug 7, 2023

City Sales: Turning Adversity into Opportunity in the Property Market

Read More

Contact the office