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 prices rise 3.6% in February

12 Mar 2015 Property By Tina Morrison
  NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices March 12 (BusinessDesk) - New Zealand residential property prices rose in February, led by Auckland where an under-supply of ... more

Revealed: Auckland's cheapest suburbs

9 Mar 2015 Property
Many home buyers face long commute to Auckland jobs as they move to Wellsford, Pokeno and Hamilton. Only six areas of Auckland still have average prices under $400,000, meaning affordable homes are out of reach for... more

Banks relieved as RBNZ drops '5-plus' test for home loans

6 Mar 2015 Property
Article - BusinessDesk   Banks relieved as RBNZ drops '5-plus' test for home loans By Pattrick Smellie March 6 (BusinessDesk) - The major banks are breathing a sigh of relief that the Reserve Bank of New... more

NZ dollar falls after RBNZ eyes property speculation

6 Mar 2015 Property
Article - BusinessDesk   NZ dollar falls after RBNZ looks for ways to curb residential property investment By Tina Morrison March 6 (BusinessDesk) - The New Zealand dollar fell after the Reserve Bank said... more

Second year of Accord off to encouraging start

4 Mar 2015 Property
New Zealand Government Second year of Accord off to encouraging start Building and Housing Minister Dr Nick Smith and Mayor Len Brown have today welcomed the release of the latest Auckland Housing Accord... more

NZ residential building activity rises 4.3% in 4th-qtr

4 Mar 2015 Property
Article - BusinessDesk   NZ residential building activity rises 4.3% in 4th-qtr, driven by Canterbury March 4 (BusinessDesk) - New Zealand residential building activity rose for the first time in three... more

Auckland houses prices fall in Feb as volume, listings rise

4 Mar 2015 Property
Article - BusinessDesk   Auckland houses prices fall in February as volume, listings pick up By Suze Metherell March 4 (BusinessDesk) - Auckland house prices fell in February, as listings rose and the... more

Average Auckland house price hits record $764,000

2 Mar 2015 Property
Average asking prices for houses have smashed through the half-million-dollar barrier for the first time. New figures from realestate.co.nz reveal the average national asking price for homes peaked at $511,421 last... more

NZ building consents fall for a second month in January

27 Feb 2015 Property By Paul McBeth
  NZ building consents fall for a second month in January, housing permits drop Feb. 27 (BusinessDesk) - New Zealand residential building consents declined for a second month in January, with new housing ... more

Auckland inner-city height restrictions weighing on supply

25 Feb 2015 Property By Paul McBeth
Auckland inner-city height restrictions weighing on supply, RBNZ's Wheeler says Feb. 25 (BusinessDesk) - New Zealand's government has taken a number of good steps to improve housing supply in Auckland, where ... more

NZ house sales rise 2.6% in January, median price dips from December

11 Feb 2015 Property
Article - BusinessDesk Feb. 11 (BusinessDesk) - New Zealand residential property sales rose in January from the same month last year, while data confirmed house prices in Auckland continue to gallop ahead of the... more

NZ government appoints taskforce to slash property red tape

10 Feb 2015 Property
Article - BusinessDesk   NZ government appoints taskforce to slash property red tape By Suze Metherell Feb. 10 (BusinessDesk) - Paula Bennett, minister of local government, has appointed a rules reduction... more

Nigerian rental scammers rip off desperate house-hunters

10 Feb 2015 Property
House-hunters have lost thousands of dollars after paying deposits for Auckland rental properties advertised by overseas scammers. Nigerians show Auckland homes online to rip off desperate house-hunters. With the... more

Argosy buys 5 Wellington industrial properties for $59 mln

10 Feb 2015 Property
Article - BusinessDesk   Argosy buys 5 Wellington industrial properties for $59 million By Suze Metherell Feb. 10 (BusinessDesk) - Argosy Property, the listed property investor, has spent $59 million buying... more

NZ property value annual growth accelerates in January

3 Feb 2015 Property By Paul McBeth
Feb. 3 (BusinessDesk) - New Zealand's residential property values grew at a faster annual pace in January as a shortage of houses for sale in Auckland continued to fan the flames of a hot property ... more

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News

Royal succession laws come into force

26 Mar 2015 News
Legislation modernising rules applying to Royal succession to the throne came into force today in New Zealand and in the 16 Realms... more

McCully visits Iraq ahead of NZ deployment

24 Mar 2015 News
  Foreign Minister Murray McCully travelled to Baghdad yesterday for talks with Iraq’s Prime Minister Mr Haider al-Abadi... more

Business

PAYE for NZ firms proposed in biggest tax shake-up since '57

31 Mar 2015 Business News By Pattick Smellie
March 31 (BusinessDesk) - The government is floating the idea of businesses paying their tax on a pay-as-you-go (PAYE) basis, like... more

Mark Powell to depart Warehouse by Feb 2016 after 4 years

30 Mar 2015 Business News By Jonathan Underhill
March 30 (BusinessDesk) - Mark Powell will step down as chief executive of Warehouse Group by February 2016 after 14 years, the last... more

Living

2degrees lights up Auckland Harbour Bridge in World First

13 Mar 2015 Lifestyle
Fusing light, music, mobile and one of Auckland’s most recognisable landmarks together – 2degrees launched another Kiwi... more

Third Thursday Set to Groove

9 Mar 2015 Lifestyle
The sounds of legendary jazz musician Charles Mingus is set to raise the beat of Wellington’s waterfront on 19 March, when the... more

Property

NZ house prices rise 3.6% in February

12 Mar 2015 Property By Tina Morrison
  NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices March 12 (BusinessDesk) - New Zealand residential... more

Revealed: Auckland's cheapest suburbs

9 Mar 2015 Property
Many home buyers face long commute to Auckland jobs as they move to Wellsford, Pokeno and Hamilton. Only six areas of Auckland still... more

Migration

PM plays down claim war criminals are living in NZ

2 Mar 2015 Migration
Prime Minister John Key says he is not aware of any suspected war criminals from the former Yugoslavia in New Zealand. The claim that... more

NZ migration rose to record in 2014

30 Jan 2015 Migration By Tina Morrison
  NZ migration surged to record in 2014, helped by robust economy Jan. 30 (BusinessDesk) - New Zealand migration surged to a... more

Travel

Foss welcomes agreement for rental vehicle code

17 Mar 2015 Travel & Tourism
Associate Transport Minister Craig Foss is welcoming a move by the rental vehicle industry to establish a Code of Best Practice to... more

Productive discussions on Queenstown’s tourism workforce

6 Mar 2015 Travel & Tourism
Sustainable workforce solutions were at the centre of discussions between Government Ministers and tourism industry representatives... more

Sport

ICC announces Team of the ICC Cricket World Cup 2015

31 Mar 2015 Cricket
The team was chosen by a select group of experts who were given the task of picking a balanced side on the basis of performances in... more

Black Caps have done us proud

31 Mar 2015 Cricket
Sport and Recreation Minister Jonathan Coleman says the Black Caps have done New Zealand proud in the ICC Cricket World Cup. Dr... more

Columns

Gordon Campbell on the Northland by-election

30 Mar 2015 Opinion
Column - Gordon Campbell   Gordon Campbell on the Northland by-election Supposedly, Winston Peters’ victory in Northland... more

ICC World Cup 2015: STEPHEN FLEMING: YES, NEW ZEALAND CAN!

28 Mar 2015 Opinion
Former New Zealand captain says the team will be focusing on enjoying themselves, knowing they are part of something that will be the... more

Kiwi Success

Tower names Seniors Money's Brett Wilson as CFO

18 Mar 2015 Appointments
  Tower names Seniors Money's Brett Wilson as CFO, replacing Boggs March 18 (BusinessDesk) - Tower, the listed general insurer,... more

Kiwi start-up Glassjar launches payments app in the US

6 Mar 2015 People
Glassjar, the kiwi software start-up whose app provides people an easy way of sharing bills, has launched in the United States. The... more

Recruitment

NZ Government moves to strengthen employment standards

26 Mar 2015 Recruitment
Workplace Relations and Safety Minister Michael Woodhouse today announced a package of measures to strengthen enforcement of minimum... more

RESEND: 63% of Warehouse permanent staff now on career wage

20 Mar 2015 Recruitment By Fiona Rotherham
  RESEND: Warehouse says 63% of permanent staff now on 'career retailer wage' (Fixes fourth paragraph to show Warehouse is... more