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Real estate Stories - Page 44

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Real estate stories

Heritage building reborn in country’s largest reuse project
Trade Me

Heritage building reborn in country’s largest reuse project

Resource consent has been granted for a planned Auckland office development that could retain 1.8 million kg of concrete and preserve heritage features.

By Michael Curreen • 4 min read • Mon, 22nd Feb 2021
January sees slight dip in house prices
Northland

January sees slight dip in house prices

New Zealand’s housing market remained brisk in January despite a modest month-on-month price fall, with sales and auctions both at multi-year highs.

By Michael Curreen • 11 min read • Wed, 17th Feb 2021
LVR restrictions return to cool property market
Bank of New Zealand

LVR restrictions return to cool property market

House prices are likely to cool after the Reserve Bank reinstated loan-to-value curbs from 1 March amid stability concerns.

By Michael Curreen • 4 min read • Wed, 10th Feb 2021
These housing markets are making a comeback in 2021
Hybrid & Remote Work

These housing markets are making a comeback in 2021

New Zealand home values rose 2.2% in January as tight supply and low rates drove a rebound in Christchurch, Auckland and Queenstown.

By Michael Curreen • 7 min read • Wed, 3rd Feb 2021
Are property investors out of control?
Bank of New Zealand

Are property investors out of control?

Possible tighter rules could curb investor demand as mortgaged buyers regain a 27% share of the housing market, CoreLogic says.

By Michael Curreen • 7 min read • Sun, 31st Jan 2021
Is Australia doomed to the same fate as New Zealand?
Westpac

Is Australia doomed to the same fate as New Zealand?

House prices could surge 30 per cent in three years unless regulators curb lending as ultra-low rates fuel debt and investor demand.

By Michael Curreen • 5 min read • Thu, 21st Jan 2021
Final week to have your say on LVRs
Bank of New Zealand

Final week to have your say on LVRs

House buyers and investors face tighter mortgage rules from 1 March as the Reserve Bank warns high-LVR lending is rising again.

By Michael Curreen • 2 min read • Wed, 20th Jan 2021
Record low listings driving up house prices
Hybrid & Remote Work

Record low listings driving up house prices

Record shortages of homes for sale are fuelling the pressure, with New Zealand’s median house price climbing to a fresh high for the fourth month.

By Michael Curreen • 12 min read • Sun, 17th Jan 2021
21 predictions for 2021
Supply Chain

21 predictions for 2021

Low rates, fiscal stimulus and reopening borders should support New Zealand property values in 2021, though office and retail risks remain.

By Michael Curreen • 7 min read • Thu, 14th Jan 2021
Top performing suburbs of 2020
Bank of New Zealand

Top performing suburbs of 2020

New Zealand’s housing boom lifted values in almost every main centre, with Auckland now boasting 117 suburbs above the NZD $1 million mark.

By Michael Curreen • 10 min read • Wed, 6th Jan 2021
Is the Kiwi bach still affordable?
Hybrid & Remote Work

Is the Kiwi bach still affordable?

Falling unoccupied stock and pandemic demand are making holiday homes harder to buy, though some coastal spots still fall below GBP £500,000.

By Michael Curreen • 3 min read • Tue, 29th Dec 2020
Do you really need a real estate agent?
Social Media

Do you really need a real estate agent?

Home sellers using an agent are getting an average 15% more than private vendors, the biggest premium seen by REINZ in 18 years.

By Michael Curreen • 5 min read • Mon, 21st Dec 2020
Listings hit rock bottom after most sales in 13 years
Northland

Listings hit rock bottom after most sales in 13 years

A shortage of homes for sale is fuelling record house prices and leaving buyers with fewer options, despite the busiest November in 13 years.

By Michael Curreen • 6 min read • Mon, 14th Dec 2020
Government must sort out its housing priorities
Housing

Government must sort out its housing priorities

House prices could be kept artificially high, worsening inequality and locking buyers into the cost of poor policy, Infrastructure New Zealand says.

By Staff Writer • 3 min read • Fri, 11th Dec 2020
Why property has gotten political
Bank of New Zealand

Why property has gotten political

Affordability is worsening for first-time buyers as house prices outpace incomes, deepening the housing divide and fuelling political pressure.

By Michael Curreen • 5 min read • Thu, 3rd Dec 2020
Queenstown property market bounces back
Property Market

Queenstown property market bounces back

Low rates, pent-up demand and $85 million of infrastructure spending are helping Queenstown’s property market recover after Covid hit confidence.

By Michael Curreen • 4 min read • Fri, 27th Nov 2020
Home Start grant update a priority for summer market
Property Market

Home Start grant update a priority for summer market

Only a third of New Zealand homes now qualify for the Home Start grant, intensifying calls to lift price caps before summer buying picks up.

By Michael Curreen • 2 min read • Fri, 20th Nov 2020
Gamechanger for Invercargill housing market
Climate change

Gamechanger for Invercargill housing market

More than 600 new homes are planned for a 70-ha Invercargill site, with developers saying the project could ease pressure on buyers.

By Michael Curreen • 4 min read • Tue, 17th Nov 2020
Property market running red hot with listings alarmingly light
Northland

Property market running red hot with listings alarmingly light

Listings fell to record lows as buyers pushed Auckland’s median house price to GBP £1 million and nationwide sales hit a 14-year October high.

By Michael Curreen • 12 min read • Fri, 13th Nov 2020