Articles tagged with 'real estate'
Australian real estate giant hopes to shake up NZ market
13 April 2023 - Although the New Zealand residential market is facing a raft of challenges, Australian real estate powerhouse Raine & Horne is making its first foray into this country and opening four offices in the North Island by the end of this month.
The next property frontier
19 May 2022 - Private space tourism took a giant leap forward last year and this has pundits wondering about hotels and other buildings popping up any time soon.
Average asking price rising
7 October 2021 - The national average asking price for a house gently cooled month-on-month in September by -2.85%, bowing to $865,348, the latest realestate.co.nz data shows.
Strong market attracting investors
4 November 2020 - There has been a jump in investor demand and activity over the last month, according to the latest REINZ/Tony Alexander survey of real estate agents.
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.
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.
Dunedin in demand
29 October 2020 - A supply and demand imbalance together with improved housing stock mean Dunedin’s values are on the rise, writes Joanna Jefferies.
Always do your homework
27 October 2020 - With the housing market running hot there’s growing numbers of buyers out there and that’s left the Real Estate Authority (REA) reminding them to do their homework.
COMMENT: Is a post-election market surge likely?
20 October 2020 - Will the 2020 post-election period see the usual effect on housing, or will it be another anomaly, asks REINZ chief executive Bindi Norwell.
Negative OCR still needed - Westpac
20 October 2020 - Despite fears of an overheated housing market, Westpac economists believe the Reserve Bank will still need to lower the official cash rate next year.
Something’s gotta give on prices
16 October 2020 - House prices are on a relentless march upwards and BNZ is warning that “over-zealous investors” could push them to non-sustainable levels.
LVR limits will return for investors
16 October 2020 - The odds of LVR restrictions returning for investors next year are "fairly high" due to the strength of the residential property market, according to economist Tony Alexander.
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.
Are returning Kiwis really a market driver?
6 October 2020 - Returning New Zealanders have been touted as a major driver of housing demand going forward, but some think the flood has ended – and that will impact on the market.
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.
COMMENT: The true cost to build a house
2 October 2020 - Think price-per-square-metre gives an accurate idea of the cost to build a home? Think again! Landmark Homes’ Warwick Aldridge* explains what’s not included – and what to look out for when comparing quotes.
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.
Resilient consent numbers surprise
30 September 2020 - High numbers of residential dwelling consents are still being issued with Stats NZ’s latest data leaving economists surprised at the ongoing resilience of construction.
Wairarapa on the move
30 September 2020 - A tight rental market and low sales stock mean Wairarapa’s property market is on the up, writes Joanna Jefferies.
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.
What the Reserve Bank's latest move means for housing
24 September 2020 - The Reserve Bank’s programme to lend directly to retail banks could be ready soon. If it is, that’s likely to mean lower interest rates on loans – and more support for the housing market.
High demand keeps pushing prices up
18 September 2020 - Treasury might be expecting house prices to fall - but market data suggests otherwise, with Trade Me Property’s August data the latest to show rising prices and high demand.
Expect house prices to keep rising - Westpac
14 September 2020 - House prices are set to keep going up rather than down, one of the big banks now says – after reversing its earlier predictions of price declines.
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.
Real estate price-fixing saga ends with big penalty
10 September 2020 - Price-fixing is in the spotlight, once again, after the Auckland High Court ordered two Hamilton real estate agencies to pay $4 million for engaging in it.
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.
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.
Buyer sentiment at eight year high
28 August 2020 - More people now believe that it is a good time to buy a house than at any other time since 2012, ASB’s latest Housing Confidence Survey reveals.
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?
How elections impact on the market
11 August 2020 - Elections have an impact on property market activity, don’t they? Actually - it depends, new Colliers International research suggests.
New rental laws will have unexpected outcomes
6 August 2020 - Watch out – some of the tenancy reforms now set to become law will have unintended consequences and cause more harm than good, REINZ is warning.
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.
COMMENT: It’s not all doom & gloom
30 July 2020 - Uncertainty still casts its shadow over the property market but there are factors that could see a brighter outlook than some expect, writes CoreLogic's Kelvin Davidson.*.
Mortgage holidays set for extension
29 July 2020 - Minister of Finance Grant Robertson says the Reserve Bank could extend mortgage holidays for struggling borrowers.
COMMENT: Extend mortgage holidays
27 July 2020 - The Covid-19 prompted mortgage “holiday” scheme is set to end in September but Century 21 New Zealand owner Derryn Mayne is calling for it to be extended.
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.
Covid crisis will impact on market - in time
21 July 2020 - ASB continues to expect a 6% decline in nationwide house prices – even though the Covid-19 prompted economic adjustment to date been less severe than most expected.
Servicing tests hinder home loan market
17 July 2020 - Tough servicing tests continue to hinder the home loan market, leaving borrowers unable to tap into attractive headline interest rates.
Mortgage demand picked to decline
16 July 2020 - Banks are expecting a fall in demand for mortgage lending in the second half of 2020, according to a new Reserve Bank Credit Conditions Survey.
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.
Investors not rushing to sell
9 July 2020 - There is no rush of investors looking to sell their properties in the post-Covid-19 market, according to the second joint survey from REINZ and economist Tony Alexander.
What tune will property play post Covid-19 lockdown?
9 July 2020 - Listed property was on song in 2019 before losing its mojo this year as the coronavirus struck. But are the real estate blues simply a crisis-triggered reversion to the mean or is something more fundamental at play? Mint Asset Management senior real estate portfolio manager, Carlie Eve, puts property in its place ...
Why bank changes are good for advisers
8 July 2020 - The days of face-to-face banking may be numbered with the big banks closing branches around the country in the wake of Covid-19, but this change could work out well for advisers.
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.
Advisers buoyed by strong property market
6 July 2020 - The New Zealand property market has emerged strongly out of lockdown, according to mortgage advisers, who say they are busy as ever this winter.
Why the future is not bleak for the housing market
3 July 2020 - Uncertainty continues to cast its shadow over the housing market but economist Tony Alexander has put together a list of reasons which offset the negatives and mean the market remains well-supported.
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.
Consents rebound likely to be short-lived
1 July 2020 - There was a strong increase in residential building consents in May but economists say the rebound won’t last.
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.
Signs of confidence but early days yet
30 June 2020 - Tough economic times might be ahead but a new report from REINZ shows there are some early signs of confidence in the housing market post-lockdown.
COMMENT: Don’t discount migration as a demand driver
26 June 2020 - There are reasons why we shouldn’t completely ignore migration as a continued support for property, CoreLogic’s Kelvin Davidson* explains…
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.
New-to-bank lending freeze
17 June 2020 - Banks have stopped taking on new borrowers above 80% LVR, despite the end of loan-to-value ratio restrictions last month.
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.
Level one: the new normal
11 June 2020 - New Zealand is a few days into alert level one and that means the residential property sector is seeing some changes as we all adjust to the “new normal”.
$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.
Compliance statement deadline extended
2 June 2020 - There’s some relief for struggling landlords with the announcement today that the Healthy Homes Compliance Statement deadline has been extended for an additional five months.
Consents fall could have been worse
2 June 2020 - New dwellings consents dropped in April. That didn’t surprise anyone but economists were surprised that the drop wasn’t bigger.
No post-Covid-19 dent in asking prices
2 June 2020 - Covid-19 has not diminished the price expectations of property sellers with new data revealing that average asking prices hit record highs in seven regions in May.
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.
Holiday hotspots: what lies ahead?
29 May 2020 - Tourism has been one of the industries hardest-hit by the Covid-19 crisis, so Miriam Bell looks into what that means for the regional property markets that are reliant on it.
Resilience needed in face of change
28 May 2020 - The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Price expectations spiral down
27 May 2020 - Housing confidence has been dealt a hefty blow by the Covid-19 crisis with house price expectations plummeting to new lows.
Downward pressures might push investors out
21 May 2020 - There’s a major housing market downturn coming and it’s likely to reduce the number of investors in the market, according to ANZ economists.
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.
How Budget 2020 supports the housing market
14 May 2020 - Was Budget 2020 transformational? Experts are debating that now but, whether or not it turns out to be, it does provide some support for the residential property market going forward.
Budget 2020: Social housing boost
14 May 2020 - Rebuilding New Zealand post-Covid-19 was, as promised, the focus of Budget 2020 - and it turns out that includes the roll-out of a big social housing building programme.
OCR reaction: Reserve Bank open to lower, negative rates
13 May 2020 - Economists say that the Reserve Bank has left the door open to lower or even negative rates, as it kept the official cash rate on hold in its Monetary Policy Statement (MPS) today.
COMMENT: Which property markets are most vulnerable?
13 May 2020 - In the coming months, all parts of the country are likely to feel some degree of property pain, but CoreLogic’s Kelvin Davidson* has taken a look at which areas might be hardest hit.
There’s life in the market yet
11 May 2020 - The residential property market might currently be lacking in strength, but those working in the sector don’t see it as suffering from widespread weakness, according to economist Tony Alexander’s latest poll.
Real estate in level two
7 May 2020 - Open homes. Rental viewings. Auctions. They look to be on the cards again soon, with the country heading towards alert level two.
Market enters unknown waters
6 May 2020 - There’s no doubt New Zealand’s housing market was performing strongly heading into lockdown but, as QV’s latest data makes clear, the market has now entered unknown waters.
SuperCity sales fall 50% in lockdown
4 May 2020 - Auckland property sales in April were down by 50% on March but the true effect of the lockdown won’t show up until May’s trading data is compiled, according to Barfoot & Thompson.
Majority of MPs qualify as property investors
1 May 2020 - It’s impossible to ignore New Zealanders’ love for property as an investment – and this is highlighted by the holdings of our MPs, a majority of whom qualify as multiple property owners.
What alert level three means for landlords
29 April 2020 - New Zealand has now moved out of alert level four lockdown to alert level three and that means a few less restrictions for residential rental property owners. Here’s some guidance on what the new rules are…
House price drops are short-lived - Alexander
24 April 2020 - Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
Private property viewings allowed under level three
23 April 2020 - The property market has received a boost after Housing Minister Megan Woods confirmed that private viewings will be allowed under alert level three.
Reserve Bank to scrap LVR restrictions
21 April 2020 - [UPDATED] The Reserve Bank is set to remove loan-to-value ratio restrictions on mortgages in the wake of the Covid-19 outbreak.
Life at level three for residential landlords
17 April 2020 - It won’t be a full release from lockdown but moving to alert level three will mean businesses that can operate safely will be able to reopen. So what does that mean when it comes to residential property?
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.
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.
Lockdown market sentiment
6 April 2020 - Caution might dominate property sector participants’ takes on the market, but independent economist Tony Alexander’s latest polling reveals that not all investors are taking a step back.
Supreme Court dismisses price-fixing appeal
2 April 2020 - Two Hamilton real estate agencies have lost their long-running battle with the Commerce Commission over allegations of price-fixing.
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.
What lies ahead for the housing market
31 March 2020 - As New Zealand begins to settle into the “new normal” of the Covid-19 lockdown, commentators have started releasing their (tentative) outlooks for the housing market. Here’s a summary of some of them...
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.
Values escape coronavirus contagion
4 March 2020 - There’s no escaping the spectre of coronavirus right now but it hasn’t had an impact on the property market with new QV data showing it continues to strengthen.
Drop the quarter-acre dream to address supply shortage
2 March 2020 - There’s been no change to the shortage of houses for sale nationwide and that’s keeping asking prices high in markets around New Zealand, the latest Realestate.co.nz data shows.
RTA reforms pile pressure on landlords
24 February 2020 - Less rental properties and higher rents could result from the reforms contained in the Residential Tenancies Amendment Bill, both Opposition MPs and government officials are warning.
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.
The new face of the NZPIF
20 February 2020 - There’s been a changing of the guard fronting the NZ Property Investors Federation (NZPIF), with the current president taking over as executive officer from Andrew King.
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.
COMMENT: Checking in on insulation
7 February 2020 - Sizzling summer temperatures might be hitting towns all round New Zealand yet the insulation of rental properties remains a hot topic, writes NZ Property Investor editor Miriam Bell.
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.
New Plymouth possibilities
31 January 2020 - Despite the proposed regulation of short-term rentals, New Plymouth still has great opportunities for investors.
Why house price growth will continue
28 January 2020 - House price inflation is unlikely to radically slow this year after a strong end to 2019, according to leading economist Tony Alexander.
Getting heating right
24 January 2020 - Heating requirements for rental properties are currently a source of confusion for many landlords and property managers so REINZ has issued a reminder of what is required.
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.
Book excerpt: Financial Freedom - 5 Steps 5 Years
6 January 2020 - Property investment is the way to financial freedom, argues property investment mentor Lucia Xiao* in her new book which aims to help people take control of their lives. Here’s an excerpt from her book…
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.
Hot demand in Hawke’s Bay
31 December 2019 - A severe housing shortage in Napier and Hastings means house values and rents are on the rise, writes Joanna Jefferies.
COMMENT: Off-the-plan investing in 2020
27 December 2019 - Interested in the idea of investing off-the-plan? Propellor Property Investments founder Nikki Conners* explains what you need to know about off-the-plan investing going into 2020.
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.
New infrastructure funding tool announced
16 December 2019 - Funding for infrastructure in new developments has long been a bottleneck in the drive to boosting housing supply so the Government is introducing a new tool to address the problem.
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.
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.
Finance clause change to hit home buyers: REINZ
2 December 2019 - Home buyers will no longer be able to use a finance clause to pull out of a property purchase without proof, REINZ has warned.
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.
Wellywood on the rise
29 November 2019 - Wellington Central property is in high demand, despite challenges faced by the apartment market, writes Joanna Jefferies.
COMMENT: Unlawful premises – moving past Anderson v FM Custodians
26 November 2019 - Curious about the law around the use of non-residential property for residential purposes? Auckland Property Investors Association member Kristine King* explains the situation now that there’s new legislation in place.
ComCom warning for property trader
15 November 2019 - A property trader, who has attracted unfavourable media attention in recent years, has received a formal warning from the Commerce Commission.
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.
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.
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.
Allow KiwiSaver withdrawals for investment properties
15 October 2019 - KiwiSaver rules should be relaxed so that first home withdrawals can include investment properties, the Interim Retirement Commissioner is proposing.
Prefab changes don’t address finance issue
14 October 2019 - Reforms to the Building Act will make it easier to carry out a prefab build - but it will be large scale projects that benefit rather than smaller-scale investor projects.
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.
New listings remain limited
1 October 2019 - There was no uptick in market activity in the first full month after the Reserve Bank’s big OCR cut, with listings still at low levels, realestate.co.nz’s latest data shows.
COMMENT: Let the buyer beware! But what about the seller?
1 October 2019 - Where would you stand if a property you have contracted to buy or sell is damaged on or before the settlement day? Buddle Findlay* partner John Buchan and senior associate Julia Gabrielle explain.
Govt must regulate property managers - REINZ
25 September 2019 - REINZ has stepped up its campaign to introduce national regulation for property managers with the launch today of a new website devoted to the cause.
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.
Changing the game
11 September 2019 - Investors keen to minimise the costs that come with selling properties might want to look to a new real estate agency which is aiming to disrupt the industry.
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.
Low deposits won’t lead to mortgage free for all
5 September 2019 - 5% deposits for first home buyers – it’s one of the centrepieces of the KiwiBuild “reset” – but advisers are asking whether it will actually make the sort of difference hoped for.
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.
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.
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.
OCR cut could prompt housing market upturn
8 August 2019 - The Reserve Bank’s decision to slash the Official Cash Rate (OCR) by 0.5% to a historic low of 1.0% has shocked the financial community, but what could it mean for the housing market?
Affordability key to value growth
7 August 2019 - Whether values are going up or down in markets around the country, new QV data highlights that affordability – or the lack of – is a key determinant.
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.
Pushing up the national average price
1 August 2019 - The main centres used to drive New Zealand’s market but it was strong provincial markets that contributed to the national average asking price’s rise in July.
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.
COMMENT: The coming rental housing crisis
30 July 2019 - Failure of government to reverse policies will result in a calamitous fall in houses to rent and escalating rents in a crisis unseen since the 1930’s, writes veteran property investor Jonathan Bidmead.
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.
Mum & Dad investors on the rise
18 July 2019 - Tax and housing policy changes seemed likely to deter smaller investors but new CoreLogic research shows their market share is actually increasing.
Shining the light on unit titles
12 July 2019 - The unit title sector is one of the most misunderstood areas of property ownership so Tenancy Services has launched a new website to help out those affected.
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.
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.
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.
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.
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.
A place in the sun
28 May 2019 - Investment in infrastructure and development in Northland means the future looks bright for Whangarei investors – thanks to a tight rental market but affordable prices, writes Miriam Bell.
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.
Who loves property the most?
11 May 2019 - New Zealanders love buying property – despite popular hostility to investors – and so too do our elected representatives. This year’s register of MP’s pecuniary interests reveals how much.
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.
Gateway to returns
2 May 2019 - Upper Hutt has long been overlooked as an investment option but its affordable prices, strong yields and tight rental market mean it is now attracting attention, reports Miriam Bell.
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.
COMMENT: Why Takapuna is worth a look
27 April 2019 - It’s no surprise that new REINZ data shows Takapuna’s median house price has climbed 30% over the past year, writes Takapuna Beach Association chief executive Terence Harpur.
On the property beat
18 March 2019 - INVESTOR PROFILE: From the police academy to a property academy, Tua Saseve’s property journey is one with a difference and now he’s teaching others how to build a successful portfolio.
Sales plunge by nearly 10%
13 March 2019 - Residential property sales nationwide took a big tumble in February – but capital gains tax related uncertainty could be to blame.
Super City sales up, prices down
5 February 2019 - Acceptance that Auckland is now a buyer’s market has set in as Barfoot & Thompson’s latest data reveals a modest start to the year.
Harbourside metropolis
4 February 2019 - Strong economic and population growth and a tight rental market mean Tauranga remains an appealing option for investors, writes Miriam Bell.
Regional prices hit record highs
1 February 2019 - A lack of housing stock on the market is the driving force behind a slew of record high asking prices in markets around the country.
Auckland sales at 10 year low
17 January 2019 - Sales volumes around the country slumped to long time lows in December in the latest REINZ data, providing more evidence of how the market has changed.
2018 – a year of uncertainty
31 December 2018 - If last year was a year of disruption, this year was one in which the movement towards change took off – and many investors were left floundering and uncertain.
Climate change insurance threat
30 November 2018 - Sceptical about climate change? If you own coastal property it would pay not to be, both the Reserve Bank and the Insurance Council are warning.
Late Cycle Growth in Kapiti Coast & Horowhenua
30 November 2018 - In the south west of the North Island, property prices and rents are experiencing late-cycle growth, writes Joanna Jefferies.
Court of Appeal rules against price fixers
23 November 2018 - The Court of Appeal has found in favour of the Commerce Commission in a long-running price-fixing saga involving two Hamilton real estate agencies.
