Latest Real Estate Headlines

Multi-million dollar Northland rural landholding on mark

Wed, 16 Oct 2013 16:12:10 +1300 | Bayleys

One of Northland’s biggest privately-owned rural landholdings - with a combined rateable valuation of $14.25 million - has been offered for sale. More >>

Council Confirms Hamilton Riverview Hotel Shareholding Sale

Wed, 16 Oct 2013 14:20:40 +1300 | Joint Press Release

Hamilton City Council has confirmed the sale of its 41.38% shareholding in Hamilton Riverview Hotel Ltd to Tainui Development Ltd, a subsidiary of Tainui Group Holdings Ltd.More >>

Metlifecare investigates building issues with Auckland Links

Tue, 15 Oct 2013 12:29:21 +1300 | BusinessDesk

Oct. 15 (BusinessDesk) – Metlifecare, New Zealand’s second-largest listed retirement village operator, is investigating building problems with an Auckland village it acquired as part of a merger with Private Life Care Holdings last year.More >>

Wage, price pressures ‘inevitable’ from building boom: RBNZ

Tue, 15 Oct 2013 10:40:35 +1300 | BusinessDesk

Oct. 15 (BusinessDesk) – The building boom looming in Christchurch and Auckland in the next three years will inevitably put upward pressure on wages and prices in the construction sector and could spill over into general inflation, driving up interest ...More >>

NZPIF rejects the Financial Services Council’s claim

Tue, 15 Oct 2013 09:23:30 +1300 | NZ Property Investors' Federation

The Financial Services Council, a group representing Insurers and Fund Managers, is recommending government spend even more of tax payer funds to increase their members incomes.More >>

Demand higher, yields lower in Hamilton commercial property

Mon, 14 Oct 2013 19:34:50 +1300 | Lodge Real Estate

Hamilton, New Zealand – Lodge Real Estate in Hamilton, the city’s largest agency by volume, reported today that its commercial property division is experiencing year-on-year increases in sales volumes as inquiries from investors outside the region sit at ...More >>

SFO launches probe into North Shore property development

Mon, 14 Oct 2013 17:35:06 +1300 | BusinessDesk

Oct. 14 (BusinessDesk) - The Serious Fraud Office has launched an investigation into a North Shore property development which has left foreign investors out of pocket after the companies went broke and the land sold to new developers. More >>

North Shore property development investigation confirmed

Mon, 14 Oct 2013 16:23:44 +1300 | Serious Fraud Office

The Serious Fraud Office (SFO) has confirmed that an investigation is under way into a residential property development on the North Shore, Auckland. The development companies included Albany Heights Villas Limited and Hunter Gills Road Limited.More >>

Box Living Joins the 100 Club!

Mon, 14 Oct 2013 15:35:20 +1300 | Box Living

The 100th house design has just come off the draughting board at Box Living, the Auckland company that has pioneered a post-and-beam building system with a distinctly modernist aesthetic. More >>

Fewer first home buyers in market due to LVRs

Mon, 14 Oct 2013 13:45:17 +1300 | New Zealand Labour Party

First time buyers have been hammered by the new mortgage lending restrictions according to the BNZ-REINZ market survey that shows for its first time ever there are fewer first home hunters in the market, says Labour's housing spokesperson Phil Twyford.More >>

NZ median house price returns to March record $400,000

Mon, 14 Oct 2013 12:37:31 +1300 | BusinessDesk

Oct. 14 (BusinessDesk) - New Zealand’s median house price returned to its March record last month, with gains in both Auckland and Canterbury, while the number of properties sold jumped by about a fifth in the last month before restrictions on ...More >>