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Real estate Stories - Page 39

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Covid-19 peaks but its influence will linger
Supply Chain

Covid-19 peaks but its influence will linger

Vacancy rates are easing, but the shift to prime offices and hybrid work will keep reshaping property demand well beyond 2022.

By Michael Curreen • 4 min read • Sun, 3rd Apr 2022
Study explores climate change’s effects on property
Risk & Compliance

Study explores climate change’s effects on property

Rising flood risk from climate change could erode home prices and threaten banking stability in New Zealand's coastal cities.

By Michael Curreen • 3 min read • Tue, 29th Mar 2022
Price falls starting to appear across some suburbs
Bank of New Zealand

Price falls starting to appear across some suburbs

Stretched affordability and higher mortgage rates are pushing median values down in 154 suburbs, with Auckland and Wellington among the weakest.

By Michael Curreen • 4 min read • Sun, 27th Mar 2022
What have two years of Covid taught us about property?
Property Market

What have two years of Covid taught us about property?

Sharp falls never came, but tighter credit and rising mortgage rates now threaten to turn New Zealand's Covid-era property boom into a buyer's market.

By Michael Curreen • 5 min read • Thu, 24th Mar 2022
Property industry at technology tipping point
Data Analytics

Property industry at technology tipping point

Covid-19 has pushed digital adoption in New Zealand property, though six in ten firms still rely on spreadsheets to track portfolios.

By Michael Curreen • 3 min read • Fri, 18th Mar 2022
Crunch time: inside the Condev crisis
Supply Chain

Crunch time: inside the Condev crisis

Queensland developers are being asked to inject millions as Condev races to complete projects and avert collapse.

By Staff Writer • 1 min read • Mon, 14th Mar 2022
Comparing markets with Australia – what can we learn?
Supply Chain

Comparing markets with Australia – what can we learn?

New Zealand’s office, retail and industrial markets are expected to mirror Australia as Omicron peaks and border openings reshape demand.

By Michael Curreen • 5 min read • Mon, 14th Mar 2022
Property prices remain firm as supply now outweighs demand
Northland

Property prices remain firm as supply now outweighs demand

More listings and weaker buying power are easing competition, even as national house prices climbed 13.5% to a record GBP £885,000 in February.

By Michael Curreen • 11 min read • Mon, 14th Mar 2022
Rising interest rates and tighter credit weighing on housing demand
Bank of New Zealand

Rising interest rates and tighter credit weighing on housing demand

Mortgage activity has slumped as tighter lending and higher rates cool demand, with CoreLogic warning house prices may fall further.

By Michael Curreen • 5 min read • Tue, 1st Mar 2022
Probuild’s failure a ‘wake-up call’ for construction industry
Supply Chain

Probuild’s failure a ‘wake-up call’ for construction industry

Rising costs and supply chain strain have left owners and subcontractors facing delays, overruns and wider disruption after Probuild's collapse.

By Staff Writer • 4 min read • Sun, 27th Feb 2022
Property resale gains high across the board
Property Market

Property resale gains high across the board

Record resale profits are still spreading nationwide, with 99.3% of homes sold in Q4 2021 making a gross gain, CoreLogic says.

By Michael Curreen • 4 min read • Fri, 25th Feb 2022
What the cash rate increase means for the property market
Supply Chain

What the cash rate increase means for the property market

Higher borrowing costs are cooling sales and slowing price growth, with more than half of NZ mortgages set to reset this year.

By Michael Curreen • 4 min read • Wed, 23rd Feb 2022
Work-from-home tipped to keep office sector down
Digital Transformation

Work-from-home tipped to keep office sector down

Office vacancies are set to rise as firms and staff keep embracing remote work, squeezing rents and delaying landlords’ recovery.

By Michael Curreen • 3 min read • Sun, 20th Feb 2022
Housing affordability getting worse despite easing price growth
Bank of New Zealand

Housing affordability getting worse despite easing price growth

Mortgage repayments now absorb nearly half of household income, as record house prices and weaker wages push affordability to fresh lows.

By Michael Curreen • 6 min read • Fri, 18th Feb 2022
Clearer picture of 2022 property market forming
Hybrid & Remote Work

Clearer picture of 2022 property market forming

Sales volumes and price growth are easing, with REINZ figures showing weaker January activity and tighter lending weighing on buyers.

By Michael Curreen • 9 min read • Tue, 15th Feb 2022
How Sydney is handling ‘bad apple’ developers
Risk & Compliance

How Sydney is handling ‘bad apple’ developers

With one in four apartment blocks found to have defects, NSW has introduced a five-star system to flag risky developers before buyers commit.

By Michael Curreen • 2 min read • Fri, 28th Jan 2022
2021 wrap-up sheds light on this year’s property market
Bank of New Zealand

2021 wrap-up sheds light on this year’s property market

Rising rates and tighter lending rules are likely to cool demand, with CoreLogic warning some fixed-rate borrowers could soon see repayments double.

By Michael Curreen • 5 min read • Wed, 26th Jan 2022
REINZ December figures reveal house price drop
Bank of New Zealand

REINZ December figures reveal house price drop

First-home buyers are feeling the pinch as tighter lending rules help push New Zealand’s median house price down 1.6% in December.

By Michael Curreen • 11 min read • Tue, 18th Jan 2022