Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

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.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

NZ's Space Programme: Rocket Lab Launches NASA Satellites

On Sunday, December 16, 2018 UTC, Rocket Lab’s Electron launch vehicle successfully lifted off from Rocket Lab Launch Complex 1 on New Zealand’s Māhia Peninsula. More>>

ALSO:

Conservation Plan: Celebrity Kiwi Released Into The Wild

One of the nation's most famous kiwi was among four released onto Taranaki Maunga... Atara, a five-year-old male, hatched while David Attenborough's cameras were rolling. More>>

ALSO:

Budget Policy Statement: 'Wellbeing Of NZers At The Heart Of Budget Priorities'

“We want a wellbeing focus to drive the decisions we make about Government policies and Budget initiatives. This means looking beyond traditional measures - such as GDP - to a wider set of indicators of success,” Grant Robertson said. More>>

ALSO:

Short Of 2017 Record: Insurers Pay $226m Over Extreme Weather

Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). More>>