Latest Real Estate Headlines

Te Papa’s Board takes action to protect national collections

Tue, 13 Aug 2013 16:40:04 +1200 | Te Papa

The Board of the Museum of New Zealand Te Papa Tongarewa has prioritised the need to reduce seismic risk to the National Collections by seeking an additional location to house some of the collections. More >>

RBNZ fine-tunes low-equity loan restriction regime

Tue, 13 Aug 2013 16:21:15 +1200 | BusinessDesk

Aug 13 (BusinessDesk) - The Reserve Bank has fine-tuned the regime to restrict home-lending for borrowers with small deposits, but reiterated that banks will get just two weeks’ notice before any new rules are imposed. More >>

New board appointment for Regional Facilities Auckland

Tue, 13 Aug 2013 16:15:09 +1200 | Auckland Council

Auckland Mayor Len Brown has welcomed the appointment of Geoff Clews to the board of Regional Facilities Auckland (RFA). More >>

UPDATED: Summerset 1H profit almost triples

Tue, 13 Aug 2013 13:06:53 +1200 | BusinessDesk

UPDATED: Summerset 1H profit almost triples as it sold more rights and land value doubled, shares gain More >>

BNZ-REINZ Residential Market Survey – Tony Alexander

Tue, 13 Aug 2013 11:41:02 +1200 | Tony Alexander Weekly Overview

Fewer first home buyers but it remains a seller's market with rising prices. The 253 licensed real estate agents who responded in our survey this month have noted a falling away of first home buyers in the market but still strongly rising prices ...More >>

Port of Tauranga buys $37.2M property in South Auckland

Mon, 12 Aug 2013 16:11:36 +1200 | BusinessDesk

Aug 12 (BusinessDesk) - Port of Tauranga, the country’s biggest export port, has spent $37.2 million buying property in Onehunga to expand its inland port operations in South Auckland. More >>

Port of Tauranga Purchases Onehunga Property from Goodman

Mon, 12 Aug 2013 15:25:10 +1200 | Port of Tauranga Limited

While the City of Auckland grapples with the future of its waterfront, Port of Tauranga Limited continues to expand its MetroPort inland port operations in South Auckland. More >>

Goodman Property Trust Announces Asset Sale

Mon, 12 Aug 2013 15:22:11 +1200 | Goodman Property Trust

Goodman (NZ) Limited (“GNZ”), the Manager of Goodman Property Trust, is pleased to announce the sale of Gateside Industry Park in Penrose. The multi-tenanted estate, which includes around 2.3 ha of associated development land, is being sold to Port ...More >>

Ezibuy for property investors

Mon, 12 Aug 2013 15:11:53 +1200 | Bayleys

The head office, international call centre and flagship retail outlet for popular fashion label Ezibuy has been placed on the market for sale. Ezibuy’s corporate HQ in Palmerston North consists of a 2804 square metre building sitting on a 6190 ...More >>

Christchurch Town Hall update

Mon, 12 Aug 2013 15:11:50 +1200 | Christchurch City Council

Christchurch City Councillors will visit the Christchurch Town Hall ahead of a special Community, Recreation and Culture Committee meeting being held to consider repair options for the facility.More >>

Aucklanders want no further port expansion

Mon, 12 Aug 2013 15:00:48 +1200 | Auckland Heart of the City

A clear majority of Aucklanders wants Ports of Auckland to seriously look at alternatives to expanding further in to the Waitemata Harbour a new poll shows. In addition, more than twice as many citizens say enough of the Waitemata Harbour has been reclaimed ...More >>

Hot off the press:Waikato newspaper to sell head office site

Mon, 12 Aug 2013 14:35:47 +1200 | Bayleys

The offices and printing plant of The Waikato Times newspaper have been placed on the market for sale as the publication’s parent company, Fairfax Media Ltd, adapt its business model to meet the demands of changing consumer needs.More >>

National's big plan to reverse its own cuts

Mon, 12 Aug 2013 14:17:12 +1200 | New Zealand Labour Party

National's new found enthusiasm for the Welcome Home Loan scheme would be more convincing if it hadn't previously slashed the scheme’s funding by two-thirds, and halved the number of Kiwis who could use it to buy a first home, says Labour Leader David ...More >>

House price expectations remain high

Mon, 12 Aug 2013 10:46:29 +1200 | ASB Bank

House price expectations remain high according to the latest ASB Housing Confidence Survey. In the three months to July, a net 56% of respondents said they expect prices to rise over the next 12 months.More >>

Kiwisaver Not the Way to Go For Home Ownership

Mon, 12 Aug 2013 10:22:38 +1200 | United Future NZ Party

United Future leader Peter Dunne does not support the National Party’s proposal to extend the home ownership provisions of Kiwisaver, saying that it weakens the focus of the retirement saving scheme.More >>

House prices up in July as buyers race possible restrictions

Mon, 12 Aug 2013 10:10:44 +1200 | BusinessDesk

Aug 12 (BusinessDesk) – New Zealand house prices rose in July as more houses changed hands, suggesting first-home buyers are trying to secure properties ahead of possible Reserve Bank restrictions on buyers with low deposits.More >>

Support package welcome, but low supply remains

Mon, 12 Aug 2013 10:05:56 +1200 | Harcourts

New Zealand’s largest real estate group Harcourts is welcoming the government’s announcement yesterday to better support first home buyers through KiwiSaver deposit subsidies and Welcome Home Loans.More >>

Sales Lift and Prices Ease In July Real Estate Market

Mon, 12 Aug 2013 09:40:21 +1200 | REINZ

REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 6,777 dwelling sales in the month of July, up 14.7% on July last year and 10.5% higher than June. The national median price eased back $9,000 compared ...More >>

Harcourts MarketWatch August 2013

Fri, 9 Aug 2013 16:22:04 +1200 | Harcourts

The statistics from New Zealand’s largest real estate group Harcourts show, at current levels of sales, the country only has enough property on the market to last for 4.2 months. This is significantly down on the same time last year when there ...More >>

Final offers sent to property owners in anchor project areas

Fri, 9 Aug 2013 15:57:07 +1200 | Christchurch Central Development Unit

The Crown has begun sending out letters with a final offer of purchase for properties in central Christchurch that are designated for priority anchor projects. More >>

 

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