Latest Real Estate Headlines

Drop In Number Of New Homes Consented

Tue, 2 Jun 2020 11:48:58 +1200 | Statistics New Zealand

The number of new homes consented in April 2020 was nearly 17 percent lower than in April 2019, Stats NZ said today. This was the biggest percentage fall in monthly consents compared with the same month in the previous year since July 2011. A total ...More >>

Beach resort commercial block goes up for sale

Tue, 2 Jun 2020 10:32:40 +1200 | Bayleys

A landmark commercial block housing diverse local amenities and apartments in the Coromandel beach Mecca of Whangamata has been placed on the market for sale. More >>

Housing Confidence Whipsawed By COVID-19

Wed, 27 May 2020 06:37:38 +1200 | ASB

Confidence in rising house prices whipsawed by COVID-19 Perceptions of whether it’s a good time to buy also decline as households batten down the hatches Interest rate expectations flick back to lower for longer Expectations of a continued housing upswing ...More >>

Winter Will Be Ripe For First-home Buyers

Tue, 26 May 2020 10:20:59 +1200 | Century 21 Real Estate

This winter young Kiwis will have the best opportunity to get on the housing ladder in more than a decade, says Derryn Mayne, Owner of Century 21 New Zealand. “Rents may have been frozen and there’s more choice for tenants with the likes of many ...More >>

Gisborne Property Auction Yields Good Results Despite Covid-19

Tue, 26 May 2020 10:17:12 +1200 | Property Brokers

Twenty-four out of 30 properties that Property Brokers took to market, sold for good prices under the hammer at the recent Project Gisborne Auction Event. This year’s Project Gisborne was seen as the first real test of buyer activity and property prices ...More >>

$100 Million Of Retail Property Sales

Tue, 26 May 2020 07:21:07 +1200 | Bayleys Realty Group

The Kelston Mall in West Auckland sold for $43.4 million. Bayleys has sold five substantial retail properties to a mix of New Zealand and Singaporean investors at a total value of close to $100 million. Two of the sales, totalling $66.45 million, ...More >>

The Office Is Here To Stay But Employee Experience Will Be Different, Says JLL

Fri, 22 May 2020 14:55:15 +1200 | JLL

Businesses in New Zealand are re-examining their commercial real estate strategies after the government-imposed lockdowns and work-from-home arrangements resulting from the COVID-19 pandemic. According to JLL’s global data, leasing activity softened ...More >>

Landmark beach resort commercial block goes up for sale

Thu, 21 May 2020 13:20:02 +1200 | Bayleys

A landmark commercial block housing diverse local amenities and apartments in the Coromandel beach Mecca of Whangamata has been placed on the market for sale. More >>

Transfer Work For The Ōtākaro Avon River Corridor Ahead Of Schedule

Thu, 21 May 2020 12:13:52 +1200 | Land Information New Zealand

Work to prepare about 600 hectares of Crown-owned red zone land in Christchurch’s Ōtākaro Avon River Corridor (OARC) for transfer is ahead of schedule, despite Covid-19 challenges. Land Information New Zealand (LINZ), which manages the residential red ...More >>

Family-owned portfolio of Franklin development land

Thu, 21 May 2020 10:20:44 +1200 | Bayleys

Seven brothers who have proactively worked together to build a successful and enduring business within the primary sector, have jointly made the decision to sell components of their strategically-accumulated portfolio in Pukekohe and Tuakau.More >>

Industrial land in the airport precinct seeks new owner

Thu, 21 May 2020 09:20:07 +1200 | Bayleys

Two freehold titles of industrial land totalling 1.63 hectares and located within the wider Auckland Airport precinct, have been placed on the market for sale as its owner looks to change up its asset structure.More >>

Lifestyle Volumes Decimated

Thu, 21 May 2020 06:30:14 +1200 | Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 294 less lifestyle property sales (-16.7%) for the three months ended April 2020 than for the three months ended March 2020. Overall, there were 1,471 lifestyle ...More >>

Sales Volumes Heavily Impacted By Lockdown

Thu, 21 May 2020 06:27:34 +1200 | Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 111 less farm sales (-30.7%) for the three months ended April 2020 than for the three months ended April 2019. Overall, there were 251 farm sales in the three ...More >>

Rolleston Industrial Subdivision Selling Down Quickly

Wed, 20 May 2020 15:27:31 +1200 | Bayleys

Aerial view of the development site in Hoskyns Road, Rolleston. Less than a year after purchasing a strategically located 32-hectare block of former farmland in Rolleston, iwi-owned intergenerational investor, Ngāi Tahu Property’s subdivision plans for ...More >>

Rent Freeze Set To Change NZ Rental Market

Tue, 19 May 2020 09:17:22 +1200 | Trademe

The impact of COVID-19 and the Government’s move on March 26th to freeze residential rent increases for the next six months is likely to change the New Zealand rental market, according to the latest Trade Me Rental Price Index. Trade Me Property spokesperson ...More >>

Fully-tenanted Retail Offering In Heart Of Nelson CBD

Mon, 18 May 2020 17:31:52 +1200 | Bayleys

A fully-tenanted retail offering in Bridge Street, Nelson is on the market with a much-reduced price as a once-only offer and $270,000 below the property’s current rateable value. The properties at 82 and 84 Bridge Street occupy 435sqm of Inner-City ...More >>

Imperial Tobacco premises on prime Petone site for sale

Mon, 18 May 2020 15:39:57 +1200 | Bayleys

After confirming to staff and the wider Lower Hutt community that its tobacco factory in Petone would close later this year, Imperial Tobacco New Zealand Limited has placed the strategically-located landholding on the market for sale.More >>

Reserve Bank Helps Real Estate, Now Govt Needs Policy Review

Sun, 17 May 2020 11:30:12 +1200 | Century 21 Real Estate

By Derryn Mayne The Reserve Bank’s decision to remove its mortgage loan-to-value ratio (LVR) restrictions, for at least a year, will mean more young Kiwis can buy their first homes sooner. The days of banks needing a 20% deposit are over. Deposits ...More >>

Big opportunity to be part of Panmure’s transformation

Fri, 15 May 2020 15:55:23 +1200 | Bayleys

A large single-level commercial building whose anchor tenant is the government agency charged with the regeneration of Panmure and neighbouring residential suburbs is up for sale. More >>

REINZ Welcomes Insulation Funding Announced In Today’s Budget

Fri, 15 May 2020 13:54:07 +1200 | Real Estate Institute Of New Zealand

The Real Estate Institute of New Zealand (REINZ) has welcomed the announcement in today’s Budget that $56 million has been allocated to insulate 9,000 older homes. Bindi Norwell, Chief Executive at REINZ says: “Warmer, drier homes is something ...More >>

 
 
 
 
 
 
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