Articles tagged with 'Auckland'
Tips for landlords to get through the Auckland flooding
30 January 2023 - Here is your tip sheet for how to manage your rentals if they have been damaged by flooding.
House sales and prices hardly reduced by lockdown
7 September 2021 - The Covid lockdown had a small dampening effect but no significant impact on Auckland’s residential property sales last month.
LVRs kicking in for Auckland house prices
16 July 2021 - The loan-to-value (LVR) restrictions reintroduced by the Reserve Bank are having a far greater effect on Auckland house prices than anywhere else in New Zealand.
Prices continue to rise unabated
5 July 2021 - The onset of winter and the new regulations aimed at making home buying less attractive to investors did not dampen the price, or the number of Auckland houses sold in June.
Auckland rents keep lurching up
24 May 2021 - Auckland’s rents have tipped into the $600 range for the first time.
Biggest month in agency’s history
8 April 2021 - Barfoot & Thompson’s March trading month has been its strongest ever.
Auckland’s average price now $1million plus
4 November 2020 - New Zealand’s biggest market is booming with Barfoot & Thompson’s latest data revealing that Auckland’s average residential property price is over the $1 million mark for the first time.
Market influencers going forward...
2 November 2020 - Value growth is accelerating and one property expert is picking that Government construction plans and the role of LVRs will dominate market discussion of the trend going forward.
SuperCity property attracting overseas interest
2 November 2020 - International interest in Auckland property has increased recently and that could have helped the region’s average asking price hit a record high in Realestate.co.nz’s latest data.
Most expensive rental region a surprise
30 October 2020 - Think that rents in the Super City or the Capital are the highest in the country? Well, you’d be wrong. It’s Porirua which is the costliest district to rent in.
Sales, prices skyrocket in defiant market
13 October 2020 - It’s official: New Zealand’s housing market is going crazy – and the skyrocketing prices have left economists revising their forecasts and worried it heralds a new bubble.
Investment in Auckland’s CBD will survive
12 October 2020 - Commercial property investors are not going to abandon Auckland’s CBD in the wake of the Covid-19 lockdowns, according to a specialist property financier.
Booming sales in the Super City
2 October 2020 - Market activity is not letting up in Auckland with the city’s biggest real estate agency announcing that September saw the highest number of sales in a month since 2017.
Values on the rise again - CoreLogic
1 October 2020 - Growth in property values stalled after the first lockdown – but that’s changing with signs of growth emerging in markets nationwide once again.
Low listings boosting prices
1 October 2020 - Auckland’s average asking price passed $1 million for the first time while other regions turned in record highs. The ongoing shortage of listings is a major factor in that.
Adapting to commercial’s new normal
29 September 2020 - Economic headwinds may be threatening the commercial property sector but one property fund manager is opening a new offer on the back of a year that has been successful, despite Covid-19.
Southland is tops for investors
25 September 2020 - It seems you can’t just beat Southland for high performing investment properties, with the region coming up trumps yet again in a new REINZ report.
Growth halts for Capital rents
22 September 2020 - Wellington rents – which have long seen the strongest growth in the country – stalled in August for the first time in five years, new Trade Me Property data reveals.
Covid be damned – the market is booming
11 September 2020 - Those who were anticipating a Covid-prompted housing market collapse got it wrong with the latest REINZ data revealing strong growth in prices and sales.
Interest rates not bargains driving investors
9 September 2020 - Investors’ hopes of picking up a property bargain in the post-Covid market are fading, the latest joint survey from REINZ and economist Tony Alexander reveals.
Where are properties selling most above CVs?
4 September 2020 - Auckland’s residential property prices might be on the rise again, but it’s actually the region where properties are currently selling closest to their CV*.
Super City powers through lockdown 2.0
2 September 2020 - Lockdown 2.0? What lockdown? Auckland’s residential property market sailed through the level three restrictions, according to the city’s largest real estate agency.
Market holds firm in Covid-19 storm
1 September 2020 - Covid-19 has not led to the bottom dropping out of the housing market, as some predicted. Rather housing values have held pretty firmly, particularly in provincial and rural areas.
Record housing stock lows round NZ
1 September 2020 - The amount of available housing stock for sale nationwide plummeted to record lows in August – and that’s helping keep prices bubbling up.
No rent growth for first time in three years
25 August 2020 - The gap between the supply of available rental properties and demand for them is closing and that means rental growth is slowing.
Investors' market share on the rise
20 August 2020 - Concerns about the rising costs of being a landlord aren’t deterring investors with new data showing that mortgaged investors’ share of purchases surged to a four year high in July.
Mortgage deferral scheme extended to March
17 August 2020 - The Reserve Bank has confirmed the mortgage deferral scheme will be extended until March next year following the second Covid-19 prompted lockdown in Auckland.
COMMENT: Real estate possible at level three
17 August 2020 - Never fear property buyers and sellers - alert level three is still workable for the Auckland real estate market, according to Century 21 owner Derryn Mayne.
Covid-19 return could derail market boom
14 August 2020 - The housing market was booming in July with price and sales up nationwide, new REINZ data shows, but the return of Covid-19 raises questions of how the market will fare going forward.
The return of Covid-19: what it means for landlords
12 August 2020 - After 102 days, Covid-19 is back and that means Auckland is returning to alert level three, while the rest of New Zealand will go to alert level two, on Wednesday. So what does that mean for landlords?
Is the market resurgence coming to an end?
5 August 2020 - Steady declines in value growth are becoming evident – as QV’s latest data reveals – and that suggests the housing market’s resurgence could be coming to an end.
Auckland sees highest sales since 2015
4 August 2020 - The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.
Prices not impacted by new listings surge
3 August 2020 - There was an influx of new listings on to the housing market in July but it is making little impact on the shortage of housing stock around New Zealand.
200 issues: Top Regions Revealed
31 July 2020 - Joanna Jefferies takes a look at the top 12 locations for property price growth and gains across New Zealand since 2003 and discovers previously unknown property hotspots.
Covid-19 fog hangs over consents increase
30 July 2020 - New dwelling consents were up by 20% year-on-year in June. That’s a big increase but it doesn’t allay the concerns of economists going forward.
New urban planning rules for Councils
24 July 2020 - Restrictive planning regulations have long been cited as a major contributor to New Zealand’s housing shortage – but new rules mean Councils will have to loosen up their rules in a bid to boost supply.
Sales, prices surge up - defying expectations
14 July 2020 - The housing market’s post-Covid rebound continued in June with house prices rising further and sales volumes hitting a four year high – but economists are asking if it will last.
Values settle into new normal
8 July 2020 - Covid-19’s impact on the residential property market is becoming clearer with QV’s latest data showing the pre-lockdown heat is dissipating as the market begins to settle.
SuperCity sales defy expectations – for now
2 July 2020 - Auckland’s property market defied economic forecasts in June but that doesn’t mean it will continue to do so, according to the city’s largest real estate agency.
Four new buyers’ markets emerge
1 July 2020 - A surge in new property listings around much of New Zealand has turned four regions into buyers’ markets, new Realestate.co.nz data reveals.
SuperCity yields improving
25 June 2020 - Investors take note - record low mortgage rates mean the yields on Auckland rental properties are starting to look more attractive.
What’s going on in the rental market
25 June 2020 - There’s been a big increase in rental supply in some of New Zealand’s tourism hotspots, according to Trade Me Property’s latest rental data.
Huge surge in buyer demand
18 June 2020 - Is it the lure of a bargain? Is it a pent-up demand? Whatever the reason, buyer demand for residential property has soared, according to Trade Me Property.
Southland comes up trumps for investors
17 June 2020 - Investors keen to pick up a good deal should look south as a new REINZ report shows that Southland is, once again, the country’s highest performing region for residential property investors.
COMMENT: Allow KiwiSaver for investment properties
16 June 2020 - It’s time to allow KiwiSaver to be used to buy investment properties as well as first homes, argues Century 21 New Zealand owner Derryn Mayne.
Market feels Covid-19 impact
15 June 2020 - Covid-19 is still impacting on New Zealand’s housing market but there’s some positive signs in REINZ’s latest data, with a clear monthly increase in sales.
$75m on offer for new developments
9 June 2020 - Auckland ’s long-term future is sound as well situated residential developments will always sell and demand for affordable housing remains strong, a leading non-bank property financier says.
Weak sales, resilient prices
3 June 2020 - Auckland’s housing market saw another slump in sales volumes in May but prices are holding steady, according to the city’s largest real estate agency.
Market teeters on cliff edge - QV
3 June 2020 - Signs of fragility might be present in the post-lockdown market yet value growth and demand are currently still going strong.
Major industrial development powers on
29 May 2020 - It’s full steam ahead for the Stevenson Group’s $800 million, 361-hectare industrial and residential development in South Auckland – despite the uncertainties of the post-Covid-19 era.
Rent increase freeze to change the market
19 May 2020 - Lockdown restrictions made for an inevitable slow down in the rental market in April but Trade Me Property’s new data highlights questions over the future direction of the market.
House sales plummet in lockdown
15 May 2020 - [UPDATED] There was a massive nationwide drop in residential property sales in April while the country was in level four lockdown, new REINZ data reveals.
Market strong before turbulence to come
15 April 2020 - Strong price growth and solid demand characterised the pre-lockdown housing market, new REINZ data shows – but the time period covered was the calm before the storm.
One in five tenancies could fall into arrears
14 April 2020 - The Covid-19 crisis will result in greater falls in rents and higher default rates in regions, or suburbs, with higher rents, according to property management companies.
Life remains in real estate industry
7 April 2020 - Open homes are forbidden and real estate transactions are in hiatus during the lockdown, but that doesn’t mean it’s not possible for investors to find a deal.
Auckland market booming before lockdown
2 April 2020 - The Super City’s housing market was in full recovery mode with strong sales and a rise in listings, but the Covid-19 lockdown has stopped it in its tracks.
Uncertainty set to plague 2020’s market
1 April 2020 - New data from both QV and Realestate.co.nz shows the housing market was performing strongly prior to the Covid-19 lockdown – but there’s no escaping the question of what it will do now.
Covid-19 will impact on building activity
31 March 2020 - New dwelling consents hit a 45 year high in the year ending February 2020 – but that was before the Covid-19 crisis hit.
South Auckland skyrockets - pre-lockdown
31 March 2020 - [THIS REGIONAL REVIEW FEATURES IN THE MARCH ISSUE OF NZ PROPERTY iNVESTOR, PUBLISHED LONG BEFORE THE COVID-19 LOCKDOWN] The South Auckland market is hot on the heels of Central and West Auckland, with investors and first home buyers flocking to the auction rooms, writes Joanna Jefferies.
ASB slashes house price forecasts
17 March 2020 - House price growth will drop away to zero over the coming year, according to ASB who have cut their forecasts in response to the coronavirus crisis.
Housing market powers on – for now
12 March 2020 - New Zealand’s housing market resurgence is showcased in new REINZ data which has the national median price at a new record and sales at a four-year high.
Affordability under pressure - ASB
12 March 2020 - Expectations that house prices will rise are at a three-year high but that means less people think now is a good time to buy a house.
SuperCity sales soar up
4 March 2020 - Auckland sales activity soared back to life in February with Barfoot & Thompson recording its highest number of sales in five years.
Regions lead the price growth pack
24 February 2020 - Provincial markets stole the asking price spotlight from the main centres in January, according to the latest Trade Me Property Price Index.
Strong start for market in 2020
18 February 2020 - Auckland’s housing market has surged back into the game with its busiest January in four years, new REINZ data reveals.
Steady demand makes for rising values
5 February 2020 - The property market recovery just keeps stepping up the pace, with QV’s latest data revealing that all sixteen of the major cities they monitor saw quarterly value growth in January.
New growth cycle for Auckland
4 February 2020 - It’s confirmed: Auckland’s housing market is entering a new growth cycle with Barfoot & Thompson’s latest data revealing a stellar start to the year.
Could a shift in the listings shortage be coming?
3 February 2020 - More properties are coming on to the housing market but there’s still a nationwide shortage with the number of homes for sale down by over 20% year-on-year.
SuperCity rents moving up - slowly
31 January 2020 - Auckland rents may be high but they’re not going up at the rate often suggested, with new data showing rental prices rose more slowly in 2019 than in previous years.
Confidence in rental returns at new low
29 January 2020 - Belief that rental property will provide the best investment returns has fallen to a 15 plus year low, the latest ASB Investor Confidence Survey reveals.
Demand for rentals running hot
23 January 2020 - Rents are set to rise to record highs as new Trade Me Property data shows demand for rental property nationwide has continued to grow.
A decade of property price growth
23 January 2020 - Recent years have seen some spectacular house price growth around New Zealand but just how much have asking prices gone up in different markets over the last 10 years?
Upping the ante on price growth
22 January 2020 - ANZ economists have become the latest commentators to revise up their house price inflation predictions and are now picking 8% growth by mid-2020.
Call for apartment law reform petition support
17 January 2020 - The campaign to reform apartment law is heating up once again with National MPs urging property owners to sign a petition calling for changes to the law.
Highest sales in December for three years
16 January 2020 - New Zealand’s property market ended the decade on a high with new REINZ data putting sales at their highest volume in years and median prices up around the country.
Auckland housing market is back
8 January 2020 - The Auckland residential housing market ended 2019 strongly with December sales numbers being their highest in four years and prices holding onto most of the gains made in November.
COMMENT: What lies ahead in 2020?
3 January 2020 - It’s that time of year when we are all contemplating what the year ahead has in store… So here’s GRA managing director Matthew Gilligan’s property market predictions for 2020.
Commercial confidence at three year high
19 December 2019 - Booming regional centres are driving positivity in the market and that’s left commercial property investors more confident than they have been in three years.
Strong market upturn picked for 2020
18 December 2019 - Expect price growth to hit 7% by April 2020 as the housing market continues its emphatic upturn, Westpac’s chief economist says.
Record prices see upturn gathering pace
13 December 2019 - New Zealand’s housing market resurgence continues to gain momentum with the latest REINZ data showing record prices around the country.
Who loves apartments the most
12 December 2019 - New Zealanders may have finally started to embrace apartments as homes but it is investors who buy them the most, according to new analysis from CoreLogic.
High rents the new normal
11 December 2019 - Wellington is on track to overtake Auckland as the most expensive region to rent in as median weekly rents continue to surge heading into summer.
Buyer sentiment at seven year high
9 December 2019 - Housing market expectations have improved significantly in ASB’s latest Housing Confidence Survey – and record low interest rates are playing a major part in that.
Values pick up the pace
4 December 2019 - There’s a more upbeat feel to the property market and it’s obvious in this month’s QV data which has values firmly on the rise.
Auckland’s November sales at four year high
3 December 2019 - Sales activity continues to improve in Auckland with new Barfoot & Thompson data revealing their best November sales numbers since 2015.
Supply remains tight nationwide
2 December 2019 - Many regional markets hit record high asking prices in November but that’s not deterring property-seeking Aucklanders, Realestate.co.nz’s latest data shows.
Commercial disrupter proves popular
28 November 2019 - New commercial property disrupter, Jasper, has hit the ground running with their first investment offering achieving full subscription in just 36 hours.
Pre-summer pick up for rental market
22 November 2019 - The rental market is heating up for summer with both tenant demand and rents on the rise around the country, new Trade Me data suggests.
Record prices round NZ
14 November 2019 - It looks like the sleeping giant of New Zealand’s housing market could be stirring, with new REINZ data showing that both sales and prices in Auckland are up.
Southland “standout” region for investors
11 November 2019 - Investors looking for both strong capital gains and good rental yields should head to Southland – if they heed the results of new REINZ research.
Record low rates fuel market resurgence
6 November 2019 - A widespread resurgence in value growth of late means that all eyes are now on the Reserve Bank’s next OCR call which could give the market another push.
SuperCity on the rise?
4 November 2019 - Auckland’s housing market saw a noticeable increase in sales in October – and it’s due to an increase in listings, according to Barfoot & Thompson’s managing director.
Tight supply, rising prices
1 November 2019 - A significant year-on-year drop in the total number of houses on the market nationwide could start to drive up asking prices going forward, new Realestate.co.nz data suggests.
Strong growth in multi-unit dwelling consents
31 October 2019 - The number of dwelling consents being issued just keeps going up, with September seeing the highest number in any 12-month period since the year to October 1974.
Smaller properties, better rent growth
29 October 2019 - Two-bedroom properties and central city apartments are seeing the strongest growth in rents in the Auckland region, new Barfoot & Thompson data reveals.
COMMENT: Sign of changing times
17 October 2019 - Fletcher Building opened a flash, new, high tech, prefabricated house building factory yesterday. Great things are expected of it, but Miriam Bell ponders what it means for your average investor.
Return to market form
15 October 2019 - There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.
Collaboration key to urban development
11 October 2019 - Central and local government and industry must work together to ensure that the Government’s proposed new urban development strategy is successful.
Spring bounce in Auckland market
2 October 2019 - There was an increase in activity in the Auckland housing market over September with both new listings and sales up, according to Barfoot & Thompson.
Signs of life in market
2 October 2019 - They might be tentative but there are signs the property market is strengthening with new QV data showing that most main urban areas have seen a lift in values.
Consents up again in August
30 September 2019 - Ongoing growth in the number of new dwellings being consented demonstrates an increasing focus on densification particularly in Auckland.
Rents ramp up in Capital’s tight market
25 September 2019 - Limited supply and strong demand mean that Wellington rents are, once again, on a par with Auckland’s rents, according to Trade Me Property’s new rental data.
No stopping Capital price rises
23 September 2019 - There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
The truth about flipping
19 September 2019 - Claims about the sky-high gains generated by property flippers ignore the costs and taxes that come with trading properties – and that means the profit assumptions are wrong, property experts say.
Price fixing earns Ronovationz $400k penalty
18 September 2019 - Property investment guru, Ron Hoy Fong’s, company has been handed down a $400,000 penalty by the High Court after admitting to price fixing in Auckland’s real estate market.
Sales fall highlights sluggish market
13 September 2019 - The Reserve Bank’s dramatic OCR cut in August was meant to prompt a pick-up in the housing market but new REINZ data shows sales have slumped again.
What Aucklanders value in property
6 September 2019 - Properties with more permissive zoning have clearly higher values, according to new research from Auckland Council’s Chief Economist’s Unit.
Decline in value growth slows
4 September 2019 - Property value growth nationwide has been waning for months. But now QV’s latest data suggests the rate of decline is starting to ease up.
No momentum in Auckland sales
3 September 2019 - Auckland prices remain strong but sales are down and the market is suffering from a lack of momentum, according to the city’s biggest real estate agent.
Hints of market resurgence
3 September 2019 - Lower interest rates are prompting renewed interest in the property market with Realestate.co.nz reporting a surge of activity in August.
The staggered rise of big city rents
27 August 2019 - Rents in Auckland and Wellington are up from this time last year – but they have been flatlining in recent months, according to new data from Trade Me Property.
Housing market confidence growing
26 August 2019 - The housing market could be turning a corner as a new ASB survey shows that price expectations and buyer confidence are both on the rise.
New policy to address “failing” cities
21 August 2019 - Restrictive planning laws mean New Zealand cities are “failing” so the Government has announced a new urban development initiative to tackle the problem.
Low rates boost NZ’s housing affordability
21 August 2019 - Declining house prices and low interest rates have improved housing affordability across New Zealand over the first half of 2019, a new report from Moody’s Investors Service shows.
A tale of two cities prices
20 August 2019 - Asking prices in Auckland continue to decline while Wellington’s asking prices are still running hot, according to the latest Trade Me Property Price Index.
Development focus for new Hamilton-Auckland partnership
16 August 2019 - Investors looking for future growth hotspots should keep an eye on the “Hamilton-Auckland Corridor” after New Zealand’s first urban growth partnership was signed on Thursday.
Stronger market on the cards
13 August 2019 - Those predicting a property market crash might have to reconsider as the latest REINZ data reveals signs of an improving market nationwide, including an increase in sales activity.
Improvements in affordability nationwide
9 August 2019 - Lack of affordability has long been a problem for New Zealand’s housing market, but a new report suggests the tide could be turning.
Lower prices driving Auckland sales
2 August 2019 - The Auckland market may be down but it’s not out: the city’s largest real estate agency is reporting a surge in sales volumes in July.
Pace of rent growth slows in Super City
31 July 2019 - Auckland rents might be steep but new data from Barfoot & Thompson reveals the rate they are increasing at has been slowing for the last three years.
Auckland consents hit all time high
30 July 2019 - The Super City has seen the number of new dwelling consents being issued surge to a record high - but economists believe house building activity is nearing its peak.
Rental stock can’t match demand
29 July 2019 - Pressure continues to build in the rental market as Trade Me Property’s latest rental data shows soaring demand and a decline in available stock.
Asking prices defy winter odds
22 July 2019 - There’s little sign of the traditional winter slowdown in Trade Me Property’s new data with strong demand pushing asking prices up in many markets around the country.
A world of declining yields
21 July 2019 - There was gold in regional rental yields in recent years but that’s changing as property prices in smaller markets go up and their yields go down.
It’s all about supply
19 July 2019 - New Zealand’s housing shortage is getting worse, not better, and that’s why huge price falls are unlikely going forward, according to Kiwibank economists.
Super City changes enabled by Unitary Plan
16 July 2019 - Investors – take note: Auckland’s housing stock is changing with nearly two thirds of the new dwelling consents in May for apartments and townhouses.
Five year low for sales
12 July 2019 - Sales volumes nationwide tumbled to a five year low in June’s REINZ data, highlighting that the heady days of the property market’s boom are winding down.
Mixed post peak value bag - REINZ
10 July 2019 - National property values continue to fall with the rate of annual growth dropping from 3.8% in June 2018 to 1.7% in June 2019, the latest REINZ House Price Index reveals.
Values on the edge of town
3 July 2019 - It’s best to look to the outskirts of the main centres for value increases these days as value growth continues to slow around the country.
Limited stock makes for muted market
2 July 2019 - It has the lowest amount houses available to sell in nearly a year, but Auckland’s biggest real estate agency sees positive trends in the market.
Prices under pressure
1 July 2019 - Supply squeeze is continuing to put pressure on asking prices with new Realestate.co.nz data showing four regions hitting record high prices.
Up, up, up for regional rents
28 June 2019 - Rental demand is outpacing tight rental supply around the country and that has made for record rent rises in many markets, according to Trade Me Property.
10 market predictions for the rest of 2019
28 June 2019 - It’s been an eventful year for the residential property market so far but now’s a good time to look at what might be in store for the rest of 2019, declares Core Logic senior property economist Kelvin Davidson.
It’s not just about mortgage rates
24 June 2019 - Historically low mortgage rates might boost the housing market but they are not the only factor at play in the market, according to ASB economists.
Urgent building law reform needed - Goff
17 June 2019 - Problems with building law have long been rife. Now Auckland’s Mayor is calling for radical reform of the Building Act and Code to deal with the housing crisis.
Regional markets step up the pace
14 June 2019 - [UPDATED] Price growth in regional housing markets has stepped it up again with Gisborne accelerating at the front of the pack, new REINZ data shows.
Market rebound coming - Westpac
13 June 2019 - The cancellation of a capital gains tax combined with lower mortgage rates will be game changing for the housing market, believes Westpac’s chief economist.
Super City sales down 20% on last May
6 June 2019 - Residential sales activity in the Auckland region remains subdued, with Barfoot & Thompson revealing that its sales fell by 20% year-on-year in May.
Manage your value expectations
6 June 2019 - Property owners thinking of selling up are being told to manage their expectations as the latest QV data highlights that New Zealand’s housing market is slowing, but steady.
Auckland exodus benefits regions
5 June 2019 - It’s true: regional housing markets are seeing the impact of the Super City’s expensive housing as it has prompted an exodus of Aucklanders to other parts of New Zealand.
Tale of two halves
4 June 2019 - Over half of the North Island’s regions registered falls in their average asking price in May – in contrast to the South Island, the latest Realestate.co.nz data reveals.
Riding out the cycle
29 May 2019 - Fasten your seatbelts – the market is heading to the bottom of the cycle, but one property expert says that serious investors shouldn’t panic if prices fall.
Gloomy expectations around Super City
27 May 2019 - Auckland house price expectations have turned negative for the first time since 2009 with a new ASB survey turning in a gloomy outlook on the market.
Wellington City price glow spreads
20 May 2019 - Remember Auckland’s “halo effect”? Well, it’s happening again but this time it’s at play in the Wellington region as the capital’s market powers along.
Don’t count on a market upturn
17 May 2019 - It’s been a spectacular run for the market but this property cycle has done its dash and recent positive developments aren’t likely to cause a major upturn, one top economist says.
Rental property confidence dims
15 May 2019 - Confidence in rental property as an investment option is flatlining nationwide – thanks to the uncertainty surrounding the housing market.
NZ sales on downbound train
14 May 2019 - There’s no escaping the downward trend in sales exposed by new REINZ data but some commentators believe last week’s OCR cut could counter the fall.
Opportunity in Auckland bitcoin house sale
10 May 2019 - Investors keen to convert some digital currency into a hard asset should check out New Zealand’s first official bitcoin house sale
Gone: foreign buyers leave market
2 May 2019 - Overseas buyers have dropped out of the market with new Stats NZ data revealing that the number of property transfers they are responsible for has plummeted this year.
SuperCity back to “old normal”
1 May 2019 - The Auckland region’s average asking price dropped to its lowest level since 2016 in April, according to the latest Realestate.co.nz figures.
Regional value stars in slow market
1 May 2019 - Looking for growth areas in a modest market? New QV data shows that smaller, regional markets like Gisborne and Horowhenua are turning in the best performances.
Revealed: Auckland hotspots
24 April 2019 - Auckland’s price growth might be flatlining overall but new data shows the SuperCity still has some hot spots where prices are on the rise.
New flames to fan housing market
18 April 2019 - The demise of the capital gains tax proposal and record low mortgage rates will led to a pick-up in housing demand and boost the market, ASB economists say.
Super City rental market star
16 April 2019 - Two-bedroom rental properties are the clear best performer across the Auckland market, new Barfoot & Thompson rental data reveals.
Low mortgage rates vs CGT
16 April 2019 - Plunging mortgage rates will stimulate the housing market but it is the prospect of tax change that will have the bigger market impact, Westpac’s chief economist says.
Auckland sales at lowest since 2008
12 April 2019 - Sales in Auckland plummeted by nearly 20% to the lowest number in a March month for eleven years, new REINZ data reveals - but sales activity nationwide also took a fall.
Changing world, changing property market
11 April 2019 - Technology and changes to the way people work are set to transform the commercial property sector and investors need to be attuned to these developments.
Yields creeping upwards
5 April 2019 - After many years in the wilderness, yields on rental properties are picking up – which should appeal to those trying to adapt to the changing property investment landscape.
Top yields in City of Sales
1 April 2019 - Investor-style apartment sale prices have taken a hit recently: does this represent an opportunity for investors? Joanna Jefferies investigates.
Boom time in student rental market
14 March 2019 - Landlords who are active in the student rental market are reaping the benefits as the academic year kicks off, according to Trade Me Property.
Warning: don’t overlook consents for property work
7 March 2019 - Undertaking major work on properties without consents in place has come back to bite two Auckland property owners after Auckland Council took them to court for it.
NZ market out of step with Australia’s slump
31 January 2019 - New Zealand’s housing market might be cooling but it’s in sync with global trends – unlike the Australian market’s dramatic decline, according to a major bank.
Ten things to look out for in 2019
1 January 2019 - What are the top 10 factors that will shape the property market for the year ahead? CoreLogic Head of Research Nick Goodall shares his top tips.
KiwiBuild extends to Mt Albert
19 October 2018 - The Ministry of Housing and Urban Development is building 18 new KiwiBuid apartments in Mt Albert, Auckland, as the government-backed housing scheme ramps up.
KiwiBuild discount favours Auckland, Queenstown: CoreLogic
4 October 2018 - KiwiBuild’s price cap system will offer the greatest discount on big homes in Auckland and Queenstown, new research from CoreLogic suggests.
Housing affordability down in major cities
13 June 2018 - The government’s latest data on housing affordability reveals a growing number of first time buyers have “below average income” after housing costs.
Young people holding back from buying
24 March 2016 - Taking the first step on the property ladder often means thinking outside the square – yet young Aucklanders are holding back, a new survey shows. Read...
Property Council slams SuperCity councillors
17 February 2016 - Aucklanders will suffer as a result of councillors’ actions on the Unitary Plan, the Property Council says. Read here. ...
Halo effect caution
29 January 2016 - Investors looking out of Auckland, due to the 'halo effect', should tread carefully. Read here. ...
Red tape hurdles
19 January 2016 - Claims that residential construction regulations are to blame for Auckland’s housing crisis are making waves again. Read here. ...
