Latest Real Estate Headlines
New Zealand Ranks In The World’s Top 3 Second Home Hotspots For 2024
Fri, 15 Mar 2024 12:01:26 +1300 | GetAgent
A new study conducted by estate agent comparison site GetAgent has revealed the most in-demand locations to buy a second property in, and Ireland tops the list as the world’s ‘second home hotspot’. Global searches for second home purchases ...More >>
New Canterbury Showhome By Design Builders Opening To The Public
Thu, 14 Mar 2024 18:26:11 +1300 | Design Builders
Design Builders Canterbury is proud to announce their first showhome will soon be open to the public in one of the most sought-after suburbs of Christchurch. March is set to be a winning month for Design Builders Canterbury as they prepare to open ...More >>
Landlord Tax Cuts Cost Explodes – As Does Government’s Tax Plans
Mon, 11 Mar 2024 18:56:49 +1300 | CTU
Changes to taxation for landlords have blown out in cost and taken the Government's tax plans with them said CTU Economist and Director of Policy Craig Renney. “At the election, the National party claimed that the return of interest deductibility ...More >>
Coalition Gives Tax Relief To Millionaire Landlords
Sun, 10 Mar 2024 17:53:17 +1300 | New Zealand Labour Party
The Coalition Government has today confirmed it is abandoning first home buyers who are struggling to get ahead, says Labour Finance spokesperson Barbara Edmonds. “When people are struggling with day-to-day expenses, the Government has decided ...More >>
Government Agrees To Restore Interest Deductions
Sun, 10 Mar 2024 13:41:59 +1300 | New Zealand Government
Associate Finance Minister David Seymour has today announced that the Government has agreed to restore deductibility for mortgage interest on residential investment properties. “Help is on the way for landlords and renters alike. The Government’s ...More >>
Private Landlords Will Answer The Government's Call For Emergency Housing Relief Under The Right Policy Settings
Fri, 8 Mar 2024 09:44:29 +1300 | Auckland Property Investors Association
The government’s latest announcement on the pressing issue of emergency housing signals a notable shift towards fostering collaboration between the public and private sectors. In brief, the government is setting out to end large-scale use of emergency ...More >>
Property Council Applauds The Government’s Move To Unlock Build To Rent Investment
Thu, 7 Mar 2024 17:32:30 +1300 | Property Council Of New Zealand
Key points Property Council New Zealand has come out in strong support of the Government's proposal to remove the barriers to greater overseas investment in Build to Rent housing. The changes, announced today, will streamline the consenting pathway for overseas ...More >>
ASB Housing Confidence Survey: Price Expectations Highest In Two And A Half Years
Thu, 7 Mar 2024 10:41:39 +1300 | ASB Bank
ASB’s latest Housing Confidence survey shows house price expectations continue to increase, with net 51% of New Zealanders expecting them to rise – the highest net reading recorded since October 2021, before the start of the most recent housing ...More >>
Auckland House Prices Edge Up While Supply Rises Sharply
Tue, 5 Mar 2024 10:10:32 +1300 | Barfoot and Thompson
There are currently more homes for sale in Auckland than at any time in the past decade. “There is a log jam of homes for sale which is creating the largest buyers’ market we have seen since 2011,” said Peter Thompson, Managing Director of Barfoot ...More >>
How The Housing Markets Of Perth, Australia, And Auckland, New Zealand Compare In 2024
Tue, 5 Mar 2024 09:29:31 +1300 | Hugh Grant
Thousands of New Zealanders are reported to be leaving the country each year for the supposed greener pastures in Australia. More favourable employment conditions and salaries are believed to be a driving force. According to 9News , Australians ...More >>
Aotearoa Property Prices Show Slower Decline In January
Tue, 27 Feb 2024 09:21:29 +1300 | Trademe
The decline in New Zealand’s property prices has started to slow according to Trade Me's Property Price Index for January. The national average asking price for a property in January was recorded at $858,200, down 2.3 per cent compared to the ...More >>
Auckland Property Investors Association Reiterates Support For Residential Property Managers Bill
Mon, 26 Feb 2024 08:42:23 +1300 | Auckland Property Investors Association
The Auckland Property Investors Association (APIA) stands firmly behind its endorsement of the Residential Property Managers Bill, advocating for the exclusion of landlords from the proposed regulatory framework for property managers while endorsing the ...More >>
Residents Of Retirement Villages Need Stronger Protection, Says New Advocate
Sat, 24 Feb 2024 18:22:34 +1300 | Capital NZ
Minimum time for operators to repay capital of 9-12 months Independent dispute resolution service funded by operators Standardised Occupation Rights Agreements for all operators A newly formed advocacy group for residents of retirement villages is calling for ...More >>
Rental Prices Continue To Climb In 2024
Thu, 22 Feb 2024 09:31:04 +1300 | Trade Me Property
New Zealand rental prices have increased for the second month in a row according to Trade Me’s latest Rental Price Index, including rents for apartments and townhouses which have climbed to record highs. The latest data reveals that the national median ...More >>
Property Brokers Takes Over 250 Properties To Bid Day Out Auction Events Throughout Provincial New Zealand
Mon, 19 Feb 2024 18:36:13 +1300 | Property Brokers
Now in its second year, the Bid Day Out auctions have again attracted buyers and investors from far and wide across provincial New Zealand. Having already completed more than 240 auctions since February 1st, Property Brokers is gearing up for another ...More >>
Golden Weather Sees Confidence Lift
Wed, 14 Feb 2024 09:20:10 +1300 | REINZ
According to the Real Estate Institute of New Zealand (REINZ), January 2024 has seen slower sales and a significant increase in the number of property listings available. This shows confidence from sellers while warming up buyers with a greater choice ...More >>
Survey Reveals Changing Attitudes To Home Ownership, Build-to-rent Poised To Reinvent Rental Experience
Mon, 12 Feb 2024 15:06:52 +1300 | Kiwi Property
As it becomes increasingly difficult for New Zealanders to get on the property ladder, new research commissioned by Kiwi Property reveals that Kiwis’ attitudes to how and where we live are changing, and many, particularly the younger generation, no ...More >>
Property Prices Double In A Decade In Most New Zealand Regions
Mon, 12 Feb 2024 14:34:59 +1300 | Realestate.co.nz
Kawerau in the Bay of Plenty top of the table for five consecutive years; Auckland’s Hauraki Gulf Islands almost tripled in price. Despite the fall in property prices last year, the latest data from realestate.co.nz proves that prices inevitably go ...More >>
Luxury Resort Sale Set To Smash Records
Wed, 7 Feb 2024 09:03:54 +1300 | Sothebys Auctions
The sale of an exclusive health and wellness retreat near Cambridge is likely to exceed property price records for the Waikato. The multi-award-winning Lakeside Spa & Resort – located at 987-1002 Tirau Road – is expected to sell for $25 ...More >>
South Island Real Estate Market Shows Promising Trends In Dunedin, Invercargill, And Ashburton
Fri, 2 Feb 2024 13:39:57 +1300 | Total Realty
The real estate market in the South Island is witnessing significant growth and stability, particularly in key areas like Dunedin, Invercargill, and Ashburton. Recent trends and market analyses indicate a robust and dynamic property landscape, catering ...More >>