Although trading for the Ray White Group decreased through the 134 offices, the top businesses within the company increased their turnover by more than 7%.
The number one office is the newly established Auckland Commercial business which is headed up by Bruce Whillans. Bruce has been appointed to a number of substantial commercial portfolios and these have now been successfully sold by Bruce and his team. They completed just over $34 million of property sales for the month. The number two office throughout New Zealand and the number one residential office was Ray White Remuera. The office completed over $23.5 million worth of sales. The Ponsonby office was number three in the Group. The listing numbers for this business have increased for the month. The number four office was located on the North Shore being Ray White Glenfield. They completed a highly successful month with over 30 property sales. The number five office was Ray White Mt Albert, having a staff of 24 on the sales team. They completed 13 auctions and 13 exclusive listings, transacting over $6 million in property sales. Overall the top five businesses in the Group increased their turnover by 7% to trade just under $90 million in property sales.
Papamoa was the top business in the Central North Island. Palmerston North was the number one office in the Lower North Island. Richmond had a successful month in the Upper South Island being the top office in their zone. In Canterbury, Lincoln completed over $6 million in sales to be the best business in that region. Arrowtown were the number one office in the Lower South Island, having a successful month completing over $5 million in property sales.