Latest Real Estate Headlines
The 2018 year in review for the real estate industry
Sat, 22 Dec 2018 10:34:23 +1300 | REINZ
The 2018 year in review for the real estate industry Median Sales Price • The National median sale price increased 10.6% from January - November 2018 (from $520,000 to $575,000) compared to 11.2% the same period last year (from $485,500 to $540,000) ...More >>
Goodman, Stride announce a flurry of property transactions
Fri, 21 Dec 2018 13:16:53 +1300 | BusinessDesk
Dec. 21 (BusinessDesk) - Listed property vehicles Goodman Property Trust and Stride Property Group have announced a flurry of end-of-year transactions of Auckland properties to reposition their portfolios.More >>
Benevolent Spring lifts Lifestyle Market
Wed, 19 Dec 2018 16:03:38 +1300 | REINZ
Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 104 more lifestyle property sales (+6.2%) for the three months ended November 2018 than for the three months ended October 2018. Overall, there were 1,769 lifestyle ...More >>
Tremendous Spring – Variable Market
Wed, 19 Dec 2018 16:02:26 +1300 | REINZ
Data released today by the Real Estate Institute of NZ (REINZ) shows there were 20 more farm sales (+6.3%) for the three months ended November 2018 than for the three months ended November 2017. Overall, there were 336 farm sales in the three ...More >>
First National: drug rules a ‘dogs breakfast’ for Landlords
Tue, 18 Dec 2018 11:29:28 +1300 | First National
First National Real Estate Chief Executive Bob Brereton has hit out at Government moves to weaken drug laws saying that the proposals are a ‘dogs breakfast’ and a further attack on Landlords in the wake of the controversial ‘Gluckman Report’ ...More >>
Record house prices an early Christmas present to vendors
Fri, 14 Dec 2018 13:40:56 +1300 | REINZ
Record house prices an early Christmas present to vendors, says REINZ Vendors from around the country have been delivered an early Christmas present with record median prices achieved in six regions and another record median price set for the country ...More >>
Housing market continued cooling in November
Fri, 14 Dec 2018 13:12:53 +1300 | BusinessDesk
Dec. 14 (BusinessDesk) - House price inflation abated further in November, although sales volumes increased slightly, and the Auckland market cooled a little more. More >>
Wellington rents match Auckland for the first time
Thu, 13 Dec 2018 12:28:54 +1300 | Trade Me Property
Wellington City rents now match Auckland City for the first time after the median rent in the capital rose 5.8 per cent on last year to $550 per week in November, according to the latest Trade Me Rental Price Index. More >>
Insurers pay $226m to support recovery from extreme weather
Thu, 13 Dec 2018 12:09:26 +1300 | Insurance Council of New Zealand
The severe weather stats place 2018 as the second most expensive year for severe weather events since 1969, with 33,064 claims costing $226.4 million. 2018 fell just short of 2017’s record, a year in which severe weather events cost insurers $243 ...More >>
Sydney house price downturn could dampen Auckland prices
Wed, 12 Dec 2018 14:34:29 +1300 | BusinessDesk
Dec. 12 (BusinessDesk) - The sharp fall in house prices in Sydney this year, down almost 10 percent from their peak in 2017, could have a dampening effect on Auckland's property market, although the shortage of local houses, lower mortgage rates and ...More >>
A tale of two steels: Seascape vs Dixon St
Wed, 12 Dec 2018 13:54:24 +1300 | RNZ
Analysis - How much can the public find out about the quality of the steel going into the country's high-rise buildings? More >>
Rotorua flooding: Serious council oversights highlighted
Tue, 11 Dec 2018 16:40:38 +1300 | RNZ
An independent report has criticised two councils for waiting until after a flood that forced a state of emergency before they responded to reduce flood risk. More >>
Ryman Healthcare: service provider or property play?
Tue, 11 Dec 2018 16:07:26 +1300 | BusinessDesk
Dec. 11 (BusinessDesk) - Ever since Ryman Healthcare listed on NZX in 1999, analysts have been divided on whether the company is a property play or the provider of an essential service delivered through property management and development.More >>
Tax change bad news for tenants
Mon, 10 Dec 2018 17:30:31 +1300 | NZ Property Investors Federation
Tax change bad news for tenants - a media release from the NZ Property Investors' Federation More >>
Value of household assets continues to rise
Mon, 10 Dec 2018 10:53:48 +1300 | Statistics New Zealand
The net worth of New Zealand households was $1.5 trillion at March 2017, up from $886 billion at March 2007, Stats NZ said today. More >>
Q+A: Housing Minister Phil Twyford interviewed by Corin Dann
Mon, 10 Dec 2018 09:31:10 +1300 | TVNZ
Housing and Urban Development Minister Phil Twyford is refusing to be drawn on reports that the Chief Executive of the KiwiBuild programme has left his job after just 5 months.More >>
Property prices heat up with summer on the horizon
Mon, 10 Dec 2018 09:23:18 +1300 | Trade Me Limited
As temperatures warmed up across the country in November, so did the New Zealand property market with the national average asking price rising 3.8 per cent on last year to $663,250, according to the latest Trade Me Property Price Index. More >>
Completed Waimahia housing development celebrated
Sat, 8 Dec 2018 11:59:20 +1300 | New Zealand National Party
The successful completion of the Waimahia development that now accommodates more than 1000 people and which has delivered a new home every week for over four years is the sort of housing model that the Government should be replicating, National ...More >>
REINZ concerned about ring-fencing rules
Fri, 7 Dec 2018 19:58:36 +1300 | REINZ
If you’re writing on the Revenue Minister’s Taxation (Annual Rates for 2019-20, GST Offshore Supplier Registration, and Remedial Matters) Bill this weekend, please consider the following comment from the Real Estate Institute of New Zealand (REINZ).More >>
Supreme Court to hear part of Robt Jones Holdings stoush
Thu, 6 Dec 2018 19:27:10 +1300 | BusinessDesk
Dec. 6 (BusinessDesk) - The Supreme Court will hear a dispute over whether Bob Jones's real estate firm Robt Jones Holdings jumped the queue in the liquidation of failed Blue Chip company, Northern Crest Investments. More >>
