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September Best Ever Month In Harcourts History

September Best Ever Month In Harcourts History

The property market is showing no sign of slowing for New Zealand’s largest real estate group, Harcourts which enjoyed yet another record breaking month for property sales in September.

The month of September saw Harcourts New Zealand write a never before achieved 3,328 property sales contracts valued at $821.1 million. That averaged out over the month to: $27.37 million worth of property sales per day, or $1.1 million per hour. 111 property sales per day, or 4.6 property sales per hour (one every 13 minutes).

Harcourts International Ltd (Australia and New Zealand) also broke its July 2003 milestone of its first ever ‘billion dollar month’ by achieving more than 4,200 sales worth nearly $1.2 billion in September.

Harcourts New Zealand CEO, Bryan Thomson said the property market was still in positive mode with buyers continuing to outnumber sellers. “Investment buyers are active right across the country as property remains the cornerstone of most people’s wealth creation and retirement strategies.”

Harcourts’ growth strategy continues with new offices recently opening in Devonport and Takapuna on Auckland’s North Shore, Methven in Mid Canterbury, a rural/commercial office in Tauranga and the final fitout progressing well for a new high profile office in Auckland’s Grey Lynn.

September’s achievements are only the latest in a run of records achieved by Harcourts International Ltd this year which have included: Completing over 1,000 property sales in a week (23 May-30 May 2003). Completing over $8.3 billion in sales over the 2002-2003 financial year.

Harcourts first began in Wellington in 1888, expanded into Queensland in 1997 and Sydney, New South Wales in November 2002, and opened its first office in Fiji this month. Harcourts is the largest real estate group in New Zealand and the fast growing one in Australasia.

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