Latest Real Estate Headlines

Properties Taking Almost Three Weeks Longer To Sell Than Last Year

Thu, 19 May 2022 09:22:29 +1200 | Trademe

Kiwi homes are now taking significantly longer to sell than they were 12 months ago, with the average property listed onsite for 51 days in April, up 56 per cent year-on-year according to the latest Trade Me Property data. Trade Me Property Sales ...More >>

How Much Will Your Home Be Worth In 2023?

Wed, 18 May 2022 19:56:47 +1200 | Nuovo Group

Concerns are starting to grow among New Zealand homeowners about the impact negative net migration over the last 1-2 years, along with increased interest rates and changing development rules, will have on their property values. In a country where most of ...More >>

Boutique Vineyard & Luxury Accommodation Premises For Sale Have Multiple Income Streams For Property Investors

Wed, 18 May 2022 11:08:48 +1200 | Bayleys

A boutique vineyard and accommodation business, at the first winery production site established in the premium North Canterbury region of Waipara, have been placed on the market for sale. Waipara River Estate is a 13.9-hectare property comprising some ...More >>

Renters Should Assess Home Loan Affordability Right Now

Wed, 18 May 2022 10:49:33 +1200 | Century 21 Real Estate

“Despite interest rates on the rise and borrowing via a bank seemingly harder, now is the time for renters to do their sums on lending affordability,” says Tim Kearins, Owner of Century 21 New Zealand. The Century 21 leader says with the national ...More >>

Bayleys Appoints New South Island Commercial & Industrial GM

Tue, 17 May 2022 16:24:59 +1200 | Bayleys Realty Group

William Wallace William Wallace, formerly Savills’ New Zealand’s general manager, has joined Bayleys’ commercial and industrial team as South Island general manager. Bayleys’ national commercial and industrial director Ryan Johnson says the appointment ...More >>

Please Disturb Sign Out In Hotel Sector

Tue, 17 May 2022 09:49:47 +1200 | Bayleys

As New Zealand’s borders reopen allowing international travellers and a hospitality workforce to enter the country again, the hotel sector is geared up for visitors – and investment opportunity. Saxton Lodge - Extensive Nelson investment opportunity ...More >>

A Solution To The Auckland Housing Crisis - Sell Instead Of Demolish

Mon, 16 May 2022 19:10:34 +1200 | Haines House Removals

The Auckland housing market has been a hot topic of contention for the past decade. As time has gone on, people looking to make their way on the property ladder for the first time have become increasingly frustrated as the median house price continues ...More >>

Barfoot And Thompson Rental Update: Rents Up By Around 3% In Most Areas

Mon, 16 May 2022 11:07:14 +1200 | Barfoot and Thompson

The average weekly rent paid for homes in most areas of Auckland has risen by around 3 percent year-on-year. The figures for end March from more than 16,000 properties managed by Barfoot & Thompson, including both existing and new tenancies, ...More >>

European Energy-efficiency Meets Kiwi Lifestyle In Pioneering North Canterbury Waterfront Home Development

Fri, 13 May 2022 12:25:32 +1200 | Bayleys

New Zealand’s largest-ever multi-unit Passive House development is taking shape at Pegasus, the fast-growing new township 25 minutes north of Christchurch. Eight lakeside designer homes are on offer, built to Europe’s Passive House standard ...More >>

Activity Lightens But Not A Buyers’ Market Yet

Thu, 12 May 2022 11:10:25 +1200 | Century 21 Real Estate

“These latest figures confirm we’ve re-entered a more balanced and calmer market. Importantly, house prices remain strong, and overall, they’re still up on the same time last year. Despite some headlines, it’s not a buyers’ market yet,” says ...More >>

Budget 2022 Should Back Build-to-rent Communities

Thu, 12 May 2022 05:26:18 +1200 | Grant Thornton

New Zealand needs rental properties that give tenants a better experience, so let’s incentivise the creation of build-to-rent-communities, says Dan Lowe, Partner, and Property & Construction Leader.  “New Zealand has a severe shortage ...More >>

Latest Tax Regulations Set To Severely Impact ‘mum And Dad’ Property Investors As End Of Year Accounts Roll In

Wed, 11 May 2022 16:22:28 +1200 | Bayleys Realty Group

The full impact of new tax regulations for residential property investors are about to be truly felt as their 2021/2022 financial accounts are prepared, according to a leading residential investment sales professional. Bayleys Canterbury residential ...More >>

Wellington Supply Surges To Nearly Double In 12 Months

Wed, 11 May 2022 09:30:15 +1200 | Trademe

The number of properties for sale in the Wellington region increased by a ‘staggering’ 90 per cent in April when compared with the same month in 2021, according to the latest Trade Me Property Price Index. Trade Me Property Sales Director Gavin Lloyd ...More >>

Rising Interest Rates Starting To Bite As Downturn Gathers Pace

Tue, 10 May 2022 05:52:35 +1200 | Quotable Value New Zealand

The latest QV House Price Index shows the housing market is under increasing pressure from rising interest rates. Loan affordability constraints are limiting buyers, and those who are in the market are spoilt for choice as listing levels far outstrip ...More >>

Buyers Eye Penthouse Office For Sale In Mt Eden CRL Hotspot

Mon, 9 May 2022 18:04:00 +1200 | Bayleys Realty Group

2 Enfield Street, Mt Eden Business occupiers and add-value investors seeking to capitalise on growth sparked by Auckland’s city rail link are among potential buyers for a modern office for sale in Mt Eden. The self-contained penthouse office sits ...More >>

Amendments To Unit Titles Act Will Deliver Greater Protection For Owners And Buyers

Mon, 9 May 2022 14:41:00 +1200 | REINZ

The Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Bill (the Bill) has passed its third reading in Parliament and will shortly receive Royal Assent. The Real Estate Institute of New Zealand (REINZ) welcomes the news, ...More >>

Investors In Driver’s Seat As Dual Commercial Premises Go Up For Sale

Mon, 9 May 2022 11:16:56 +1200 | Bayleys

Two freehold commercial buildings housing a well-known auto service centre and a leading charity shop have gone up for sale in an east Auckland growth hotspot. The properties sit prominently on key arterial Apirana Avenue in the Glen Innes retail ...More >>

Mortgagee Sale Opens Way For ‘turn-key’ Luxury Apartment Development

Mon, 9 May 2022 10:18:22 +1200 | Bayleys

An upcoming mortgagee sale has presented buyers with a rare ‘turn-key’ opportunity to develop a luxury apartment complex in a prime location on Auckland’s CBD fringe. The more than 400-square metre freehold site for sale on Farnham Street, Parnell, ...More >>

Construction On Willis Bond’s Catalina Bay Apartments Starts With 75% Pre-sold

Fri, 6 May 2022 18:13:47 +1200 | Willis Bond

Construction has officially started on Willis Bond’s Catalina Bay Apartments development with more than 75% of the 82 apartments and terraced homes already sold. Located at the northern most point of Hobsonville Point, the $150m freehold waterfront development ...More >>

REINZ & Tony Alexander Real Estate Survey: Buyers In No Hurry For Now

Fri, 6 May 2022 15:46:40 +1200 | REINZ

Our fourth survey of licensed real estate agents for 2022 has revealed conditions to be as weak as they have been since the start of the year. First home buyers and investors have backed away, agents report that prices in their area are falling, ...More >>

 
 
 
 
 
 
 

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