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Real estate Stories - Page 42

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Is the cooling housing market just a winter lull?
Northland

Is the cooling housing market just a winter lull?

Record prices are still climbing, but a drop in sales and inventories suggests winter may not be the only reason for the slowdown.

By Michael Curreen • 13 min read • Wed, 18th Aug 2021
Ownership change for Century 21 New Zealand
Small Business

Ownership change for Century 21 New Zealand

The franchise's headquarters will move to Manawatu after Tim Kearins bought Derryn Mayne's 25% stake in Century 21 New Zealand.

By Michael Curreen • 2 min read • Fri, 6th Aug 2021
Further mortgage restrictions coming as house price growth continues
Bank of New Zealand

Further mortgage restrictions coming as house price growth continues

Borrowers face tighter lending rules as the Reserve Bank moves to curb risky loans amid house values rising 1.8% in July.

By Michael Curreen • 6 min read • Tue, 3rd Aug 2021
$41.2b property sector becomes New Zealand’s biggest industry
NZX

$41.2b property sector becomes New Zealand’s biggest industry

The sector now employs nearly 200,000 people and accounts for 15% of New Zealand’s GDP, according to new industry analysis.

By Michael Curreen • 2 min read • Wed, 28th Jul 2021
Is this the turning point of New Zealand’s property market?
Westpac

Is this the turning point of New Zealand’s property market?

Rising mortgage rates and tax changes are set to cool sales, but CoreLogic says a full property downturn still looks unlikely.

By Michael Curreen • 6 min read • Thu, 22nd Jul 2021
Housing market continues to defy expectations
Northland

Housing market continues to defy expectations

New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.

By Michael Curreen • 11 min read • Sun, 18th Jul 2021
Commercial property market outperforming expectations
Hybrid & Remote Work

Commercial property market outperforming expectations

Stronger-than-expected demand is tightening yields and lifting values, with industrial and large-format retail assets in New Zealand most resilient.

By Michael Curreen • 5 min read • Thu, 8th Jul 2021
Where are property values starting to drop?
Bank of New Zealand

Where are property values starting to drop?

Values are already falling in Gisborne, New Plymouth and Napier as nationwide house-price growth cools and rate rises loom.

By Michael Curreen • 6 min read • Sun, 4th Jul 2021
Will the reformed RMA actually help deliver more housing?
New Zealand Labour Party

Will the reformed RMA actually help deliver more housing?

Critics warn the draft overhaul could leave consenting slower and housebuilding harder, despite ministers promising a leaner planning regime.

By Michael Curreen • 6 min read • Wed, 30th Jun 2021
Online retail driving industrial demand
Supply Chain

Online retail driving industrial demand

Australia will need about 500,000sq m of extra industrial space a year as e-commerce pushes vacancy rates tighter and lifts rents.

By Michael Curreen • 3 min read • Mon, 28th Jun 2021
Why NSW just hit developers with a $12b tax
Housing

Why NSW just hit developers with a $12b tax

Developers in NSW face a new levy on land value uplift as the state seeks to fund infrastructure and future housing growth.

By Staff Writer • 3 min read • Thu, 24th Jun 2021
Best performing suburbs in 2021 so far
Hybrid & Remote Work

Best performing suburbs in 2021 so far

Cheaper provincial suburbs have driven New Zealand's property boom, with Manunui up 51.8% and Hargest selling in just six days.

By Michael Curreen • 5 min read • Mon, 21st Jun 2021
Housing shortage key driver of unaffordable housing market
Bank of New Zealand

Housing shortage key driver of unaffordable housing market

Record-low inventory is pushing New Zealand house prices higher, leaving first-time buyers with fewer affordable options.

By Michael Curreen • 9 min read • Wed, 16th Jun 2021
Changing trends influencing award-winning retail projects
eCommerce

Changing trends influencing award-winning retail projects

Rising online shopping is pushing developers to build destination precincts with stronger sustainability, social and financial returns.

By Michael Curreen • 2 min read • Sun, 6th Jun 2021
Flatlining house prices – are the forecasts right?
Bank of New Zealand

Flatlining house prices – are the forecasts right?

Rising lending restrictions and tax changes are already cooling demand, though some agents say Treasury’s flatlining forecast may be too gloomy.

By Michael Curreen • 5 min read • Tue, 1st Jun 2021
Are Government measures to cool housing working?
Bank of New Zealand

Are Government measures to cool housing working?

Sales fell 28% in April and the median price eased to NZD $810,000, but analysts say it is too soon to judge the policy impact.

By Michael Curreen • 3 min read • Thu, 27th May 2021
Development of $305m tower restarts with new design
Sustainability

Development of $305m tower restarts with new design

Construction on Auckland’s One Queen Street site will resume after a Covid delay, with a redesigned tower linked to Commercial Bay and a hotel.

By Michael Curreen • 2 min read • Wed, 26th May 2021
First home buyers losing hope
Bank of New Zealand

First home buyers losing hope

Government help may be needed as first-time purchasers’ share of the market falls to its lowest level since 2018, CoreLogic says.

By Michael Curreen • 7 min read • Tue, 18th May 2021