Latest Real Estate Headlines

Government pays twice the price for emergency housing motels

Wed, 16 Aug 2017 17:30:33 +1200 | New Zealand Labour Party

Government pays twice the price for emergency housing motels – with two more on the way More >>

92 year-old bowls club calls it quits

Wed, 16 Aug 2017 15:30:16 +1200 | Bayley's Real Estate

Nearly a century since it was first founded, the Hillsboro Bowls Club is calling it quits as recreational club memberships fall out of favour. More >>

Farm sales volume drop as winter bites

Wed, 16 Aug 2017 14:16:25 +1200 | Business New Zealand

Aug. 16 (BusinessDesk) - Fewer farms were sold in the three months through July as difficult winter conditions dented activity, although prices lifted due to improved farmer confidence, the Real Estate Institute said.More >>

Lifestyle Property Market Softens Further

Wed, 16 Aug 2017 10:07:18 +1200 | REINZ

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 471 fewer lifestyle property sales (-19.2%) for the three months ended July 2017 than for the three months ended July 2016. Overall, there were 1,984 lifestyle property ...More >>

Continued Softening in Rural Real Estate Market

Wed, 16 Aug 2017 10:05:22 +1200 | REINZ

Data released today by the Real Estate Institute of NZ (“REINZ”) shows there were 76 fewer farm sales (-16.2%) for the three months ended July 2017 than for the three months ended July 2016. Overall, there were 392 farm sales in the three months ...More >>

Dunedin Medical Pioneer’s Home & Healthcare Centre For Sale

Wed, 16 Aug 2017 09:38:25 +1200 | Bayley's Real Estate

The home and doctor’s clinic built for one of New Zealand’s medical pioneers – and still operating more than 110 years later as a commercial healthcare practice – has been placed on the market for sale.More >>

More Regulations & Restrictions Reduce Number of Rentals

Wed, 16 Aug 2017 09:21:49 +1200 | NZ Property Investors Federation

For 17 years, forty three year old sickness beneficiary, Shanez Akhtar, has always a found a place to rent without difficulty, but that all changed 9 months ago. More >>

Property Institute applauds dumping of DTI plans

Tue, 15 Aug 2017 13:57:33 +1200 | New Zealand Property Institute

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank.More >>

Property Institute Tells Homeowners What to Expect

Tue, 15 Aug 2017 11:00:36 +1200 | New Zealand Property Institute

Property Institute of New Zealand Chief Executive Ashley Church has moved to reassure kiwi homeowners about what to expect from the property market over the next two or three years saying that what lies ahead is ‘mostly predictable’.More >>

Aurecon Launches ‘Shared Care’ Parental Leave Scheme

Mon, 14 Aug 2017 11:05:55 +1200 | Aurecon

While momentum builds in the male-dominated property and construction sectors to improve gender equality, Aurecon’s CEO Giam Swiegers , a member of the STEM Male Champions of Change group, believes the pace of change remains too slow.More >>

Reserve Bank’s debt to income limit proposals are flawed

Sun, 13 Aug 2017 21:54:43 +1200 | Tailrisk Economics

A report by Tailrisk Economics on the Reserve Bank’s justifications for possibly imposing debt to income (DTI) limits on housing lending, shows that that they are deeply flawed. The main problem is that the DTI is a crude tool that does not adequately ...More >>

Exempt first-home buyers, says second real estate boss

Sat, 12 Aug 2017 12:00:35 +1200 | Century 21 Real Estate

“The 20 percent deposit requirement for first-home buyers should be scrapped for lower valued properties,” says Geoff Barnett, National Manager of Century 21 New Zealand.More >>

NZ house prices edge up in July; REINZ calls for looser LVR

Fri, 11 Aug 2017 13:28:24 +1200 | BusinessDesk

NZ house prices edge up in July; REINZ calls for looser LVR rules on sales slump More >>

REINZ calls for LVR review as sales across NZ fall

Fri, 11 Aug 2017 09:32:56 +1200 | REINZ

The number of properties sold across New Zealand in July fell by a quarter (24.5%) when compared to the same time last year, and the number of properties sold in Auckland fell by 30.6% (for the same period) according to the latest data from the Real Institute ...More >>

Solution to rent rises lies in building houses

Thu, 10 Aug 2017 18:25:49 +1200 | New Zealand Labour Party

Solution to rent rises lies in building houses and stopping speculators The spread of rental increases from the big cities to the surrounding regions shows why we need to get on top of the housing shortage build homes our families can afford, and lock ...More >>

Goodman Property invests $107M in 6 industrial developments

Thu, 10 Aug 2017 13:51:09 +1200 | BusinessDesk

Aug. 10 (BusinessDesk) - Goodman Property Trust, the NZX-listed commercial and industrial property investor, plans to spend $107 million in six industrial developments in Auckland, saying it is intensifying activity in the city to meet demand.More >>

Racist obfuscation of slumlord problem

Thu, 10 Aug 2017 11:52:31 +1200 | Migrant And Refugee Rights Campaign MARRC

Tertiary Education Minister Paul Goldsmith’s comment about Indians owning multiple properties is a racist obfuscation of the slumlord problem, says Migrant and Refugee Rights Campaign spokesperson Gayaal Iddamalgoda. Goldsmith made the comment in response ...More >>

LINZ releases latest property data

Wed, 9 Aug 2017 15:46:27 +1200 | Land Information NZ

LINZ releases latest property data Land Information New Zealand’s latest property data report shows property transfers involving overseas tax residents, as well as those involving overseas citizens and residents, were at similar levels to previous ...More >>

Real estate agency fined $1 million for price fixing

Wed, 9 Aug 2017 09:43:15 +1200 | Commerce Commission

Hamilton real estate agency Online Realty Limited (trading under the Ray White banner) has been ordered to pay a penalty of $1.05 million for its part in a national anti-competitive price fixing case.More >>

Big Hitting Cricket Ground Motel Bounced out For Sale

Wed, 9 Aug 2017 09:42:31 +1200 | Bayleys

A motel complex with ‘grandstand’ views over New Zealand’s oldest and most revered test cricketing venues has been placed on the market for sale. More >>

 
 
 
 
 
 
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