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

NZ house values rise at slowest annual pace in 6 months in March, QV says

7 Apr 2014 Property
April 7 (BusinessDesk) – New Zealand property values increased at the slowest annual pace in six months in March as lower Christchurch valuations, high-debt lending restrictions and interest rate hikes... more

Progress on Auckland housing welcomed

27 Mar 2014 Property
The first monitoring report of the Auckland Housing Accord was released by Housing Minister Dr Nick Smith and Auckland Mayor Len Brown following their meeting in Auckland yesterday, with both the Minister and... more

Minister opens 22 new HNZ apartments

26 Mar 2014 Property
Housing Minister Dr Nick Smith today marked the official opening of a Housing New Zealand redevelopment comprising of 22 new two-bedroom apartments in Three Kings, Auckland. “This modern, fit-for-purpose... more

Foreign funds eye NZ commercial real estate

25 Mar 2014 Property
Kiwi property joins the list of favourite locations for Asia-Pacific investment managers with $2 trillion to spend. International investors with a total of US$2 trillion ($2.34 trillion) in funds have put New... more

Expats breathe easier as IRD issues new advice on residency

18 Mar 2014 Property
March 18 (BusinessDesk) – New Zealanders living and working overseas can breathe a little easier now tax authorities have agreed that renting out a house they own in New Zealand doesn’t automatically... more

NZ property sales fall in sign LVR curbs are biting

11 Mar 2014 Property By Tina Morrison
  NZ property sales fall 7.6% in February as restrictions on high debt lending bite March 11 (BusinessDesk) – New Zealand property sales fell 7.6 percent in February from a year earlier, which may... more

Housing WOF trial gets underway

19 Feb 2014 Property
Housing Minister Dr Nick Smith today announced the start of a trial Warrant of Fitness scheme on Housing New Zealand homes. “This Government is committed to improving the quality of housing to help... more

NZ property sales fall 4.3% in January, median price slips from record high

14 Feb 2014 Property
Feb. 14 (BusinessDesk) – New Zealand property sales fell 4.3 percent in January from a year earlier while the median price slipped from the record high set in December, which may reflect high loan-to-value... more

NZ property values rise at slower pace in January, QV says

10 Feb 2014 Property
Article - BusinessDesk   NZ property values rise at slower pace in January, suggesting increased buyer caution, QV says Feb. 10 (BusinessDesk) – New Zealand property values increased at a slower pace... more

Auckland average house price falls in January, Barfoot says

5 Feb 2014 Property By Tina Morrisson
Feb. 5 (BusinessDesk) – Auckland’s average house price slipped in January, reflecting a seasonal slowdown following the Christmas and New Year holiday period. The average sale price fell 7.6 percent... more

Landlords and tenants to benefit from new Fasttrack

30 Jan 2014 Property
New Zealand Government Hon Dr Nick Smith  Minister of Housing  30 January 2014    Media Statement  Landlords and tenants to benefit from new Fasttrack Housing Minister Dr... more

NZ house sales fall in December, prices climb to new record

20 Jan 2014 Property
Article - BusinessDesk   NZ house sales fall in December, prices climb to new record Jan. 20 (BusinessDesk) - The number of houses sold in New Zealand fell in December from a year earlier, continuing a... more

Auckland houses severely unaffordable for 10th year: survey

20 Jan 2014 Property
Article - BusinessDesk   International survey ranks Auckland houses severely unaffordable for 10th year in a row Jan. 20 (BusinessDesk) – Auckland house prices remained “severely... more

NZ building consents rise 11% in Nov, boosted by apartments

9 Jan 2014 Property
Jan 9 (BusinessDesk) – New Zealand building consents issued by local councils for new homes rose 11 percent in November, boosted by apartment developments. New dwelling consents, including apartments, ... more

Auckland average house price - record December

8 Jan 2014 Property By Tina Morrison
Auckland average house price rises to record in December as supply dwindles in peak selling season Jan. 8 (BusinessDesk) – Auckland’s average house price rose to a record in December as property... more

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News

Govt to establish Food Safety Science & Research Centre

16 Apr 2014 News
  Science and Innovation Minister Steven Joyce and Food Safety Minister Nikki Kaye today announced that expressions of interest... more

Australia readies for royal visit

15 Apr 2014 News
Prince William and Kate can expect big crowds and even bigger interest in their son, eight-month-old George, during a jam-packed... more

Business

MARKET CLOSE: NZ shares gain on global rally; Diligent rises

16 Apr 2014 Business News By Suze Metherell
  MARKET CLOSE: NZ shares gain on global rally; Diligent, Pacific Edge lead gain April 16 (BusinessDesk) - New Zealand stocks... more

NZ government scales back larger applications for Genesis Energy float

16 Apr 2014 Business News
April 16 (BusinessDesk) - The government will progressively scale down applications for large shareholdings in Genesis Energy ahead... more

Living

3 Mile Limit Movie Continues to Win Awards in the U.S

15 Apr 2014 Lifestyle
New Zealand movie ‘3 Mile Limit’ has won Best Feature Film at both the North Hollywood and Charleston International Film... more

NZ's Shapeshifter - still giants of drum and bass, with sell-out London show

14 Apr 2014 Entertainment By Charlotte Everett
New Zealand band Shapeshifter have demonstrated that they are truly giants of the drum and bass scene, with a stellar performance in... more

Property

NZ house values rise at slowest annual pace in 6 months in March, QV says

7 Apr 2014 Property
April 7 (BusinessDesk) – New Zealand property values increased at the slowest annual pace in six months in March as lower... more

Auckland landlords lead in capital gains

28 Mar 2014 Property
Three-bedroom houses in Glen Innes giving an annual capital gain of 18.9%, followed by New Windsor. Auckland landlords are making... more

Migration

New working holiday agreement between New Zealand and Croatia launched

28 Mar 2014 Migration
Citizens of Croatia aged between 18 and 30 will soon be eligible to apply for a New Zealand Working Holiday Visa, giving them the... more

New Zealand immigration hits ten year high

28 Mar 2014 Migration
New statistics have shown net migration to New Zealand to be at a 10 year high, with China becoming the largest source of new... more

Travel

Chinese company to build $200M hotel on Auckland waterfront

16 Apr 2014 Travel & Tourism By Suze Metherell
  Company linked to one of China’s richest women to spend $200 mln on Auckland hotel April 16 (BusinessDesk) – Fu... more

SmartGate opens to arriving UK & US travellers

3 Apr 2014 Travel & Tourism
Customs Minister Maurice Williamson today announced SmartGate is now open to United Kingdom and American travellers on arrival. The... more

Sport

HBHS First XV to Japan for international rugby tournament

16 Apr 2014 Rugby
The 2014 Hamilton Boys High School (HBHS) First XV rugby team will this week come face to face with 16 of the world’s best... more

Test candidates catch Kearney's eye

16 Apr 2014 Rugby League
With only three weeks until the Anzac Test in Sydney, NZ Kiwis coach Stephen Kearney is encouraged by the performances of players in... more

Columns

Gordon Campbell on the life & ACC work of Sir Owen Woodhouse

16 Apr 2014 Opinion
With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the... more

Gordon Campbell on royalty and its tourism spin-offs

15 Apr 2014 Opinion By Gordon Campbell
Ultimately the Queen’s longevity has been one of her most significant accomplishments. A transition to Prince Charles while... more

Kiwi Success

Kiwi alpinist is finalist for prestigious award

26 Mar 2014 People
NZ Alpine Club Kiwi alpinist is finalist for prestigious mountaineering award New Zealand Alpine Club President John Cocks has today... more

Kiwi dog gear firm takes on the world

25 Mar 2014 People
Maniototo in Central Otago seems an unlikely place to set up an online business, but for dog lover Rose Voice, the isolation has... more

Recruitment

Growth seen further lifting average wage by $7,500

15 Apr 2014 Recruitment
  The average annual wage is expected to increase by $7,500 to around $62,200 a year by 2018 if New Zealand achieves its ... more

NZ employment confidence lifts in 1st-qtr

31 Mar 2014 Recruitment
Article - BusinessDesk   NZ employment confidence lifts in 1st-qtr, current job opportunities seen less negative March 31 ... more