Property News

Home ownership remains a strong component of the New Zealand culture. This section aims to provide you with the tools to secure your real estate dreams. We will present news and current market trends which will assist you identify opportunities across the New Zealand Real Estate market - covering Residential, Commercial and Investment properties. For house and flat share properties please refer to our classifieds page. 

Property

House sales down as winter cools market - REINZ

14 Aug 2014 Property
New Zealand house sales fell in July as winter cooled the appetite of house hunters while a drop in properties selling for $400,000 or below likely reflected the Reserve Bank's moves to cool the market. Sales ... more

NZ house sales fall in July, led by cheaper properties

12 Aug 2014 Property By Suze Metherell
  NZ house sales fall in July, led by cheaper properties amid weaker winter demand Aug. 12 (BusinessDesk) – New Zealand house sales fell in July as winter cooled the appetite of house hunters while a... more

NZ property values rise at slowest annual pace in 13 months

7 Aug 2014 Property By Paul McBeth
Aug. 7 (BusinessDesk) - New Zealand property values rose at the slowest annual pace in 13 months in July as rising interest rates, restrictions on low-equity home loans and the onset of winter took the heat out... more

Auckland house sales fall in July, listings at 7-month low

5 Aug 2014 Property
Article - BusinessDesk   Auckland house sales fall for second month, listings at 7-month low, Barfoot says By Jonathan Underhill Aug. 5 (BusinessDesk) - Auckland house sales fell for a second month in July... more

NZ house sales fall in June, led by cheaper properties

14 Jul 2014 Property By Suze Metherell
July 14 (BusinessDesk) - New Zealand house sales fell in June from a year earlier, led by properties of $400,000 or less, indicating the Reserve Bank's restrictions on low-equity loans are curbing demand at the... more

Average Auckland house prices reach record level

10 Jul 2014 Property
The average asking price for a home in Auckland has reached the record level of 732 thousand, 240 dollars. The figure is provided by Realestate.co.nz, which says it's a huge increase on the previous record set in... more

Precinct Properties portfolio value increases on Auckland

9 Jul 2014 Property
By Suze Metherell July. 9 (BusinessDesk) - Precinct Properties New Zealand, the country's third-biggest listed property investor by market value, expects to recognise a 5.5 percent gain in its portfolio's value... more

Property For Industry buys Wellington site for $15.3 million

8 Jul 2014 Property
Article - BusinessDesk   Property For Industry buys Wellington site for $15.3 million By Suze Metherell July 8 (BusinessDesk) - Property For Industry, which increased its portfolio by two-thirds last year... more

Encouraging progress for Christchurch housing

8 Jul 2014 Property
A new Housing New Zealand Corporation (HNZC) complex of 12 homes in central Christchurch was opened and bids sought for another 450 temporary and affordable homes on two other major Government housing... more

NZ property values heat up in 2Q on Auckland, Christchurch

7 Jul 2014 Property By Pam Graham
  NZ property values heat up in June quarter, driven by Auckland, Christchurch July 7 (BusinessDesk) – New Zealand property values grew at a faster pace in the June quarter as the country’s two ... more

Big resurgence in NZ house-building

4 Jul 2014 Property
Auckland and Canterbury lead charge but recovery broadening across region. Auckland and Christchurch's rapid house-building resurgence has surprised and delighted economists as it hit the highest level since... more

Wellington developer nabs key Auckland wharf project

3 Jul 2014 Property By Pattrick Smellie
July 3 (BusinessDesk) - Welllington property developer Willis Bond has won the contract to build up to 600 residences, the first residential development in the revitalised Wynyard Quarter, on docklands in... more

Auckland house sales fall in June, listings dry up: Barfoot

3 Jul 2014 Property By Paul McBeth
  July 3 (BusinessDesk) - Auckland house sales fell in June, with listings at a five-month low, as the property market enters the traditionally slower winter period, according to realtor Barfoot &... more

NZ building consents fall in May as apartment numbers sink

30 Jun 2014 Property
June 30 (BusinessDesk) – The number of dwelling consents issued in New Zealand fell in May as apartment numbers tumbled, offsetting a rise in housing consents. The number of building permits, including ... more

AMP frozen fund investors get final payout

24 Jun 2014 Property
Investors in a frozen mortgage fund have finally been paid back all of their money after a five year wait. The Mortgage Backed Bonds fund was frozen in July 2009 and placed into a wind-up programme designed to... more

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News

The Worm turns down for John Key

1 Sep 2014 Politics
Roy Morgan Research The Worm turns down for John Key The Roy Morgan Reactor is back! John Key struggled to coax The Worm above the... more

Minister launches Tongan Language Week

1 Sep 2014 News
Pacific Island Affairs Minister Peseta Sam Lotu-Iiga today launched Tongan Language Week at the Tongan Methodist Church in Otahuhu,... more

Business

NZ terms of trade sets new 40-year high in 2nd quarter

1 Sep 2014 Business News By Suze Metherell
Article - BusinessDesk   NZ terms of trade sets new 40-year high as cheaper imports offset falling exports Sept. 1... more

Fonterra credit rating cut by S&P, Fitch affirms rating

29 Aug 2014 Business News By Paul McBeth
  Fonterra credit rating cut by S&P over Beingmate deal, Fitch affirms rating Aug. 29 (BusinessDesk) - Fonterra Cooperative... more

Living

‘Best trumpet player in the galaxy’ returns

1 Sep 2014 Lifestyle
NZ Symphony Orchestra 1 September 2014 - NZSO Media Release for immediate release The ‘best trumpet player in the ... more

Two NZ composers in Danish international live concert

29 Aug 2014 Lifestyle
Aarhus Festival Death Lines - a Memento Mori Collection Performances from five cities around the world –... more

Property

House sales down as winter cools market - REINZ

14 Aug 2014 Property
New Zealand house sales fell in July as winter cooled the appetite of house hunters while a drop in properties selling for $400,000... more

NZ property values rise at slowest annual pace in 13 months

7 Aug 2014 Property By Paul McBeth
Aug. 7 (BusinessDesk) - New Zealand property values rose at the slowest annual pace in 13 months in July as rising interest rates,... more

Migration

Who's living next door to you?

20 Aug 2014 Migration
Statistics NZ puts out detailed data on different ethnic groups, down to the 108 people from the Isle of Man. Did you know there are... more

NZ population growth speeds up

14 Aug 2014 Migration
New Zealand's climb to 4.5 million people has been faster in the past year than it has in any other year in the past decade,... more

Travel

Jetstar loses ground in NZ as Qantas plunges to A$2.84B loss

28 Aug 2014 Travel & Tourism By Paul McBeth
Aug. 28 (BusinessDesk) - Jetstar, the discount unit of Australian airline Qantas Airways, lost ground in New Zealand, while claiming... more

Auckland 10th most liveable city - again

19 Aug 2014 Travel & Tourism
Auckland has again been ranked the tenth most liveable city in the world. The Economist Intelligence Unit (EIU) has released its... more

Sport

Golden campaign for New Zealand rowers

1 Sep 2014 World Rowing Championships
The New Zealand Rowing Team has wrapped up a successful campaign in Amsterdam at the 2014 edition of the World Rowing... more

Disappointing Day in Edmonton for New Zealanders

1 Sep 2014 Multisport
Following on from the disappointment of the elite men’s race for the New Zealanders at the ITU World Triathlon Championship in... more

Columns

Gordon Campbell on John Key’s ‘blame it on Judith’ strategy

1 Sep 2014 Opinion By Gordon Campbell
  Gordon Campbell on John Key’s ‘blame it on Judith’ strategy Right now, Prime Minister John Key seems intent... more

Relax, nothing is under control... the Holistic Helper's guide to dealing with the unexpected

29 Aug 2014 Column By Tricia Alach
As regular readers of this column already know, I am a bit of a fan when it comes to change. Evaluating your life, deciding how you... more

Kiwi Success

The duo behind NZ's hottest new label

20 Aug 2014 People
We're expecting big things from Harman Grubisa, the new label from Auckland-based friends Madeleine Harman (right) and Jessica... more

Victoria announces new strategic appointments

11 Aug 2014 Appointments
Victoria University of Wellington has announced the appointment of New Zealand’s first Provost, Professor Neil... more

Recruitment

High dollar, hands-off Govt sends workers to dole queue

22 Aug 2014 Recruitment
The loss of up to 100 jobs at Croxley stationery in Auckland is devastating news for their families and the local Avondale... more

On track to surplus, more jobs, higher incomes

19 Aug 2014 Recruitment
New Zealand is on track to Budget surplus this year, backed by good growth, more jobs and higher incomes under the ... more