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 building consents rise in March, snapping declines

30 Apr 2015 Property By Paul McBeth
April 30 (BusinessDesk) - New Zealand building consents rose in March, snapping three months of declines, with increased intentions to build townhouses, units and retirement villages. Seasonally adjusted... more

More foundation options for Canterbury homeowners

29 Apr 2015 Property
Building and Housing Minister Dr Nick Smith has welcomed the update to the technical guidance,Repairing and rebuilding houses affected by the Canterbury earthquakes, which provides further options for repairing... more

New process for red zone Crown offers

21 Apr 2015 Property
Canterbury Earthquake Recovery Minister Gerry Brownlee has announced a process to give everyone a say on the Crown offers to owners of vacant, commercial/industrial and uninsured properties in the... more

NZ house prices rise 8% in March, led by 13% Auckland jump

14 Apr 2015 Property By Tina Morrison
April 14 (BusinessDesk) - New Zealand residential property prices rose in March, led by Auckland where housing supply isn't meeting demand, putting pressure on the market. Auckland's median house price jumped... more

NZ property values rise at fastest pace in 9 months in March: QV

1 Apr 2015 Property By Suze Metherell
  NZ property values rise at fastest pace in 9 months in March: QV April 1 (BusinessDesk) - New Zealand residential property values climbed at the fastest pace in nine months in March, led by strong demand... more

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

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News

New Zealand Prime Minister welcomes Royal baby

3 May 2015 News
Prime Minister John Key has congratulated Their Royal Highnesses, The Duke and Duchess of Cambridge, on the birth of their second... more

Waikato-Tainui Commemorates 20 Years of Raupatu Settlement

30 Apr 2015 News
  2015 marks the 20th anniversary of Waikato-Tainui settling its Treaty of Waitangi Raupatu claim and the iwi is encouraging... more

Business

Dotcom et al get three-month reprieve on extradition hearing

1 May 2015 Business News By Paul McBeth
May 1 (BusinessDesk) - Internet entrepreneur Kim Dotcom and his fellow Megaupload co-accused have won a three-month reprieve on... more

Migration curbs, tweaked inflation target not warranted

1 May 2015 Business News By Pattrick Smellie
  Migration curbs, tweaked inflation target not warranted, says English May 1 (BusinessDesk) - The government is not... more

Living

Britain remembers the ANZACs - 100 years on

25 Apr 2015 ANZAC By Charlotte Everett
100 years after allied forces landed in Gallipoli, 25 April – ANZAC Day – has been commemorated in the UK officially for... more

A Kiwi's guide to ANZAC in Europe - our list of events across the UK, Ireland and beyond

24 Apr 2015 ANZAC By Charlotte Everett
Tomorrow marks the 100th ANZAC Day, and if you are a Kiwi or Aussie far from home there are plenty of events on to enable you both to... more

Property

NZ building consents rise in March, snapping declines

30 Apr 2015 Property By Paul McBeth
April 30 (BusinessDesk) - New Zealand building consents rose in March, snapping three months of declines, with increased intentions... more

More foundation options for Canterbury homeowners

29 Apr 2015 Property
Building and Housing Minister Dr Nick Smith has welcomed the update to the technical guidance,Repairing and rebuilding houses... more

Migration

Migrant exploitation Bill passed

30 Apr 2015 Migration
The Immigration Amendment Bill (No 2) which cracks down on employers who exploit migrant workers passed its final reading in... more

NZ migration hits new annual record in March

23 Apr 2015 Migration By Tina Morrison
April 23 (BusinessDesk) - New Zealand migration hit a new annual record in March, as more students arrived from India and China and... more

Travel

Air NZ's Houston link paves way for United Airlines tie-up

17 Apr 2015 Travel & Tourism By Fiona Rotherham
  Air NZ's Houston service paves the way for partnership with United Airlines, analysts say April 17 (BusinessDesk) - Air New... more

Wellington Airport revised fees 'just within' OK range

17 Apr 2015 Travel & Tourism By Tina Morrison
  Wellington Airport's revised fees are 'just within' acceptable range of returns, regulator says April 17 (BusinessDesk) -... more

Sport

Netball: Ascot Park Hotel Southern Steel defeat Mojo Pulse

3 May 2015 Netball
ANZ Championship Netball Ascot Park Hotel Southern Steel (50) defeated Mojo Pulse (49) A youthful Ascot Park Hotel Southern Steel... more

ANZ Championship: Official Result & Statistics

2 May 2015 Netball
Official Result: Mission Queensland Firebirds (56) defeated West Coast Fever (48) The Mission Queensland Firebirds have inflicted... more

Columns

Gordon Campbell Key’s abuse of secrecy over Iraq & The TPP

30 Apr 2015 Opinion By Gordon Campbell
  For the past week or so we’ve been hearing a lot about the child-like side of our Prime Minister. So I guess we... more

Gordon Campbell on Indonesia’s latest round of executions

29 Apr 2015 Opinion By Gordon Campbell
To no-one’s real surprise, Indonesia has carried out its second wave of executions this year. Given the varied nationalities... more

Kiwi Success

Simon Allen appointed chair of New Zealand Refining

30 Apr 2015 Appointments By Paul McBeth
April 30 (BusinessDesk) - Simon Allen has been elected chairman of New Zealand Refining Co, which operates the Marsden Point... more

Former Transpower head Patrick Strange joins NZX board

30 Apr 2015 Appointments By Suze Metherell
April 30 (BusinessDesk) - Former Transpower chief executive Patrick Strange has joined the board of the stock market operator,... more

Recruitment

Apprenticeship scheme launched

18 Apr 2015 Recruitment
The He Toki ki te Mahi Apprenticeship Training Trust was launched by Prime Minister, the Rt Hon John Key at Rehua Marae in ... more

Chinese rail workers must be paid minimum wage

17 Apr 2015 Recruitment
KiwiRail must immediately stop further Chinese engineers from working here until they can guarantee they are being paid the New... more