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Real estate Stories - Page 34

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How are NZ’s commercial property markets faring this year?
eCommerce

How are NZ’s commercial property markets faring this year?

Vacancies are tightening and rents rising in New Zealand’s top cities, with industrial property remaining the strongest segment this quarter.

By Michael Curreen • 5 min read • Tue, 27th Jun 2023
Home sales record first annual increase in two years
Bank of New Zealand

Home sales record first annual increase in two years

Tighter stock on the market and a 7.5% rise in sales point to New Zealand housing volumes finally bottoming out after a long slump.

By Michael Curreen • 3 min read • Fri, 23rd Jun 2023
Sales volumes rise in the regions – latest REINZ figures
Northland

Sales volumes rise in the regions – latest REINZ figures

Regional housing markets are regaining confidence as eased lending rules and steadier rates lifted May sales in seven areas, REINZ said.

By Michael Curreen • 7 min read • Fri, 16th Jun 2023
How the pandemic changed Auckland’s rental market
Hybrid & Remote Work

How the pandemic changed Auckland’s rental market

Rents in Auckland’s outer suburbs have climbed faster than in the city centre since Covid-19, as working from home shifts demand.

By Michael Curreen • 2 min read • Mon, 12th Jun 2023
More mortgage enquiries after LVR rise
Bank of New Zealand

More mortgage enquiries after LVR rise

First-home buyers are returning to lenders as looser loan-to-value rules give them more room to qualify for a mortgage.

By Michael Curreen • 3 min read • Wed, 7th Jun 2023
Have yields peaked with OCR raises?
Supply Chain

Have yields peaked with OCR raises?

Property investors may see yields stabilise soon, as the Reserve Bank of New Zealand signals its Official Cash Rate has peaked and cuts loom.

By Michael Curreen • 5 min read • Tue, 6th Jun 2023
Construction insolvencies up 53% in one year
Disaster Recovery

Construction insolvencies up 53% in one year

Construction firms are under mounting strain as price rises, supply shortages and softer demand push insolvencies higher across New Zealand.

By Staff Writer • 3 min read • Thu, 1st Jun 2023
Positive sentiment in CBD office markets
Hybrid & Remote Work

Positive sentiment in CBD office markets

Prime CBD office space is tightening in Auckland and Christchurch, while Wellington rents rise despite a temporary vacancy jump.

By Michael Curreen • 7 min read • Wed, 31st May 2023
Lifestyle properties follow wider market trends
Inflation

Lifestyle properties follow wider market trends

Sales have fallen sharply from last year’s peak as higher interest rates and broader uncertainty cool New Zealand’s lifestyle property market.

By Michael Curreen • 4 min read • Mon, 29th May 2023
National’s new housing strategy ‘a mixed bag’
Auckland University

National’s new housing strategy ‘a mixed bag’

The plan could cut central-city housing capacity, even as stronger transit-zone density and funding reforms win praise from some analysts.

By Michael Curreen • 8 min read • Sun, 28th May 2023
Clifftop build wins Australian Home of the Year
Real estate

Clifftop build wins Australian Home of the Year

Judges hailed the Tasmania-built clifftop home as a once-in-a-lifetime project at the HIA-CSR Australian Housing Awards in Hamilton Island.

By Michael Curreen • 5 min read • Mon, 22nd May 2023
Kiwi Property reports record sales
Capital Management

Kiwi Property reports record sales

Record sales at Sylvia Park, LynnMall and The Base helped offset a fall in property values as Kiwi Property posted a full-year loss.

By Michael Curreen • 4 min read • Mon, 22nd May 2023
‘Green shoots’ emerge in declining property market
Bank of New Zealand

‘Green shoots’ emerge in declining property market

First home buyers are showing renewed interest as easing lending rules and softer prices create opportunities in New Zealand’s slow market.

By Michael Curreen • 5 min read • Fri, 12th May 2023
What does the future look like for housing in New Zealand?
Hybrid & Remote Work

What does the future look like for housing in New Zealand?

Higher costs are pushing home ownership further out of reach, as New Zealand buyers favour central, higher-quality housing and amenity.

By Michael Curreen • 10 min read • Tue, 9th May 2023
Average New Zealand house price back to $900,000
Northland

Average New Zealand house price back to $900,000

Values are still falling in several centres, but slower declines and firmer migration are hinting the market may be nearing bottom.

By Michael Curreen • 16 min read • Tue, 9th May 2023
New listings lowest on record for April
Property Market

New listings lowest on record for April

Potential sellers are holding back as tight credit and uncertain interest rates drive April new listings to record lows nationwide.

By Michael Curreen • 4 min read • Mon, 1st May 2023
InfoTrack's new platform fosters real estate transparency
Document Management

InfoTrack's new platform fosters real estate transparency

InfoTrack has launched a new digital platform, Securexchange, that makes the process of purchasing property more transparent.

By Zach Thompson • 3 min read • Fri, 28th Apr 2023
Reserve Bank proposing to ease LVR restrictions
Bank of New Zealand

Reserve Bank proposing to ease LVR restrictions

First-home buyers could find it easier to secure mortgages as lending limits are raised from 1 June, easing pressure on banks.

By Michael Curreen • 3 min read • Fri, 28th Apr 2023