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Property Market Stories - Page 20

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Property Market stories

The COVID-19 impact on NZ market dynamics
Hybrid & Remote Work

The COVID-19 impact on NZ market dynamics

Auckland landlords and developers now face slower office demand and delayed projects as COVID-19 and recession fears cloud the recovery.

By Staff Writer • 6 min read • Thu, 10th Sep 2020
The shift away from CBDs – an Auckland case study
Hybrid & Remote Work

The shift away from CBDs – an Auckland case study

Takapuna could gain from a post-lockdown office shuffle as workers seek cheaper space and more home working weighs on Auckland's CBD.

By Michael Curreen • 3 min read • Tue, 8th Sep 2020
Flexible office revenue drops 13%
Hybrid & Remote Work

Flexible office revenue drops 13%

Footfall at co-working centres plunged as lockdowns slashed use, even though flexible offices are expected to regain ground after the pandemic.

By Staff Writer • 2 min read • Sun, 6th Sep 2020
Mortgage lending tightens up after peaking in July
Bank of New Zealand

Mortgage lending tightens up after peaking in July

Tighter lending criteria and renewed virus restrictions are likely to cool mortgage demand after July’s NZD $6.6 billion peak.

By Staff Writer • 3 min read • Thu, 3rd Sep 2020
Spring looking up as lockdown lifts
Trade Me

Spring looking up as lockdown lifts

Pent-up demand is expected to lift sales as Aucklanders return to the market after nearly three weeks in lockdown.

By Michael Curreen • 2 min read • Tue, 1st Sep 2020
Australia house prices to drop 10%, will New Zealand be next?
Property Market

Australia house prices to drop 10%, will New Zealand be next?

ANZ sees a deep slump in dwellings as Covid headwinds, job losses and weak investor demand push construction and prices lower.

By Staff Writer • 3 min read • Thu, 27th Aug 2020
Rental market winners and losers
GFC

Rental market winners and losers

Rents are falling in Queenstown and other pockets, but most areas are still posting gains as the recession deepens and job losses loom.

By Michael Curreen • 3 min read • Tue, 25th Aug 2020
Property investors unswayed by Covid uncertainty
Bank of New Zealand

Property investors unswayed by Covid uncertainty

Auckland and Dunedin buyers are skewing towards mortgaged investors, as July's share hit a four-year high despite fresh Covid-19 uncertainty.

By Staff Writer • 3 min read • Sun, 23rd Aug 2020
Property market continues to defy expectations
Property Market

Property market continues to defy expectations

Sales and prices rose across New Zealand in July, but REINZ warned the market may not keep its post-lockdown pace for long.

By Staff Writer • 11 min read • Sun, 16th Aug 2020
Big data suggests office, retail, and tourism Covid recovery
Data Analytics

Big data suggests office, retail, and tourism Covid recovery

City-centre footfall is rebounding, with new mobility data hinting at a steadier office market and a faster retail and tourism recovery.

By Staff Writer • 4 min read • Tue, 11th Aug 2020
How elections can change the property sector
Elections

How elections can change the property sector

Investor activity may stay buoyant through the 2020 election, with Colliers saying housing policy shifts have usually had only a limited effect.

By Michael Curreen • 4 min read • Fri, 7th Aug 2020
What lies ahead for property in the rest of 2020?
Physical Security

What lies ahead for property in the rest of 2020?

Property activity is likely to soften as recession, rising unemployment and a spring listings surge test demand in coming months.

By Staff Writer • 3 min read • Fri, 31st Jul 2020
Should mortgage holidays be extended?
Small Business

Should mortgage holidays be extended?

House prices and sales could weaken in September unless the Government extends mortgage deferrals as the wage subsidy ends and election looms.

By Michael Curreen • 2 min read • Thu, 30th Jul 2020
COVID-19 fallout not as bad as expected
Northland

COVID-19 fallout not as bad as expected

House prices and sales have climbed to four-year highs in New Zealand, despite earlier fears of a post-COVID downturn.

By Michael Curreen • 10 min read • Wed, 15th Jul 2020
'Tinder of real estate' - Kiwi property app launches
Property Market

'Tinder of real estate' - Kiwi property app launches

New app Yelsa, dubbed the Tinder of real estate, connects sellers with buyers in New Zealand, potentially saving thousands in fees and marketing costs.

By Shannon Williams • 2 min read • Tue, 14th Jul 2020
COVID-19 impact on property market becoming clearer
Risk & Compliance

COVID-19 impact on property market becoming clearer

Property values have already slipped nationwide, with tourism-dependent centres like Queenstown hardest hit as the recession starts to bite.

By Michael Curreen • 5 min read • Fri, 10th Jul 2020
Real estate boss disputes claims Auckland has become a buyers’ market
Bank of New Zealand

Real estate boss disputes claims Auckland has become a buyers’ market

Sales momentum remains firm in Auckland, with first-home buyers and investors still active despite claims the city has tipped into a buyers’ market.

By Michael Curreen • 2 min read • Sun, 5th Jul 2020
‘Mum and Dad’ investors driving prices back up
Bank of New Zealand

‘Mum and Dad’ investors driving prices back up

Lower deposit rules and weak bank returns are drawing small investors into housing, helping keep prices elevated across New Zealand.

By Michael Curreen • 2 min read • Wed, 24th Jun 2020
Which property types will provide the best yields?
Risk & Compliance

Which property types will provide the best yields?

Smaller homes may offer investors better returns as weaker price growth puts rental yield back in focus amid uncertainty, CoreLogic says.

By Michael Curreen • 3 min read • Fri, 19th Jun 2020