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 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

Americans the biggest buyers of NZ land since 2010: Linz

29 Jan 2015 Property
Article - BusinessDesk   Americans the biggest buyers of New Zealand land since 2010, Linz data shows By Fiona Rotherham Jan. 29 (BusinessDesk) - Americans have been the biggest buyers of New Zealand land... more

Housing affordability drops 14%, driven by Auckland prices

29 Jan 2015 Property
Article - BusinessDesk   Housing affordability drops 14%, driven by Auckland house price rises By Fiona Rotherham Jan. 29 (BusinessDesk) - Housing affordability across New Zealand fell 14 percent in the... more

Housing warning: It's an Ireland repeat

23 Jan 2015 Property
NZ expert sees factors behind Irish house crash happening here. Precisely the same factors that plunged Ireland into its housing crisis last decade are now in play in New Zealand and could spark a big correction,... more

RMA adds $30B to housing costs, stopped 40k houses: Smith

21 Jan 2015 Property
Article - BusinessDesk   RMA adds $30 bln to housing costs and stopped 40,000 new houses: Smith By Pattrick Smellie Jan. 21 (BusinessDesk) - The Resource Management has added as much as $30 billion to the... more

A building block for your future

21 Jan 2015 Property
A rare big block of Bay of Plenty development land in Ohauti, about 10 minutes' drive south of the Tauranga CBD, is to be auctioned next month. "Tauranga is a growth area in need of additional housing and there is... more

Nick Smith announces 10 dramatic changes to Resource Management Act

21 Jan 2015 Property
The Government has outlined its plans to dramatically reform the Resource Management Act, armed with new research which showed environmental regulations added $15,000 to the cost of a new home and $30,000 to the... more

Property: Mad truths on home prices in Auckland

19 Jan 2015 Property
Auckland housing affordability has worsened and it remains one of the 10 least affordable big cities in the world. Auckland's surging housing market is now only slightly cheaper than London but pricier than Los... more

New student accommodation agreement signed

19 Jan 2015 Property
The first group of students settling in to Massey University’s new $26.2 million Albany student accommodation village will be in experienced hands, with the signing of an agreement with Campus Living... more

New RMA reforms expected this week

19 Jan 2015 Property
Environment Minister Nick Smith will this week outline the approach and timing for a further attempt to reform the Resource Management Act after minor parties blocked a bill from progressing in the last Parliament... more

NZ property values rise 4.9% in 2014, sales volumes dwindle

14 Jan 2015 Property By Paul McBeth
Jan. 14 (BusinessDesk) - New Zealand property values rose 4.9 percent last year, less than half the pace in 2013, as low-equity loan restrictions, rising interest rates, and the uncertainty of a general ... more

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News

PM saddened at passing of Dame Thea Muldoon

25 Feb 2015 News
PM saddened at passing of Dame Thea Muldoon Prime Minister John Key today expressed his sadness at the passing of Dame Thea ... more

Bill to fight child exploitation passes second reading

25 Feb 2015 News
  A Bill to better protect children from sexual exploitation passed its second reading in Parliament last night.   The... more

Business

MARKET CLOSE: NZX 50 rises to record, led by Xero

25 Feb 2015 Business News
By Suze Metherell Feb. 25 (BusinessDesk) - New Zealand shares rose to a record, led by Xero after it raised $147 million from two... more

Tourism Holdings beats 1H guidance on reduced fleet

25 Feb 2015 Business News
Article - BusinessDesk   Tourism Holdings beats 1H guidance on reduced fleet, wider margins By Suze Metherell Feb. 25 ... more

Living

A little drive goes a long way

25 Feb 2015 Lifestyle
Dunedin businesses have given their full support to the Otago Polytechnic Education Open 2015. The event will be taking place at... more

Duke Kahanamoku – 100 years of Surfing in New Zealand

25 Feb 2015 Lifestyle
Surfbreak Protection Society Duke Kahanamoku – 100 years of Surfing in New Zealand Celebrations are to be held in New Brighton... more

Property

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... 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... more

Migration

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

Free new Kiwi workshops return for fresh season

23 Jan 2015 Migration
Newcomer settlement support agency Auckland Regional Migrant Services (ARMS) is kick-starting the New Year with the return of its ... more

Travel

Air NZ sees fare discounts; yield pressure looms

25 Feb 2015 Travel & Tourism
By Fiona Rotherham Feb. 25 (BusinessDesk) - The only cloud on Air New Zealand’s horizon in coming months will be yield ... more

Air NZ posts higher normalised earnings

25 Feb 2015 Travel & Tourism
Article - BusinessDesk   Air NZ posts higher normalised earnings By Fiona Rotherham Feb. 25 (BusinessDesk) - Air New Zealand... more

Sport

2015 NZL Sailing Team Announced

25 Feb 2015 Sailing
Yachting New Zealand has named 15 campaigns in the 2015 NZL Sailing Team. All are chasing the ultimate goal of Olympic glory in... more

All Blacks Tours to South Africa on sale now

25 Feb 2015 Rugby
The All Blacks are set to return to South Africa this July to take on the Springboks at Ellis Park in Johannesburg. This will be the... more

Columns

Gordon Campbell: Are NZ troops the least of IS’s problems?

25 Feb 2015 Opinion By Gordon Campbell
Gordon Campbell on whether New Zealand troops are the least of Islamic State’s problems   Given that it has been ... more

Gordon Campbell on drip-fed info about the Iraq deployment

24 Feb 2015 Opinion By Gordon Campbell
Gordon Campbell on the drip-feeding of information about the Iraq deployment   There are two ways of framing the story of our... more

Kiwi Success

New Consul-General to Sydney

20 Feb 2015 Appointments
Foreign Minister Murray McCully has named diplomat Billie Moore as New Zealand’s new Consul-General in Sydney. "Ms Moore will... more

New Ambassador to Ethiopia and the AU

20 Feb 2015 Appointments
New Zealand Government New Ambassador to Ethiopia and the AU Foreign Minister Murray McCully has named diplomat Bruce Shepherd as ... more

Recruitment

Workforce skills target lifted

19 Feb 2015 Recruitment
Tertiary Education, Skills and Employment Minister Steven Joyce says better-than-expected Better Public Services results mean the ... more

Strong job growth and record labour market participation

4 Feb 2015 Recruitment
The latest labour market data shows continuing strong employment growth with 80,000 more jobs added to the New Zealand economy in ... more