Latest Real Estate Headlines
Businessman Greg Olliver Prohibited From Being A Director For 3 Years, High Court Order Upheld
Thu, 4 Jul 2024 14:23:15 +1200 | Ministry of Business Innovation and Employment
Property developer Gregory Olliver has been prohibited from being a director or promoter of, or from being involved in the management of any company for three years from 20 October 2021 following the Court of Appeal judgment that upheld an earlier order ...More >>
Significant 18-month Stretch Of Price Stability: Will Monday’s Regulation Changes Shake Things Up?
Wed, 3 Jul 2024 09:24:03 +1200 | Realestate.co.nz
The latest real-time data from realestate.co.nz shows that average asking prices were again stable during June, marking a full year and a half of unchanged prices nationally. Total stock was up in all regions, increasing nationally by 28.6% year-on-year ...More >>
Southland Takes Top Spot In ASB’s Latest Economic Regional Scoreboard
Wed, 3 Jul 2024 08:47:40 +1200 | ASB
Despite a modest increase in housing prices and a slight uptick in retail volumes, a cooling labour market and soft migration figures suggest the challenges of previous quarters remain throughout the country.More >>
Auckland Housing Market Remains In Recovery Mode
Tue, 2 Jul 2024 11:07:59 +1200 | Barfoot and Thompson
The arrival of winter had no impact on the Auckland housing market in June with sales prices edging higher than those in May. More >>
Rangitīkei District Council Adopts 2024 - 2034 Long-term Plan
Tue, 2 Jul 2024 10:54:04 +1200 | Rangitikei District Council
At its Council meeting held on Thursday, 27 June, Rangitīkei District Council adopted its Where’s it @ Rangitīkei Long-term Plan (LTP) for 2024 – 2035, which secures the capital works programme for the next ten years.More >>
Budgeting Pressure Relief For Renters
Sun, 30 Jun 2024 11:36:18 +1200 | New Zealand Government
Restoring the brightline test to two years will help increase the supply of residential property putting downward pressure on rent, Revenue Minister Simon Watts says. More >>
Have Your Say On Overseas Investment (Build-to-rent And Similar Rental Developments) Amendment Bill
Thu, 27 Jun 2024 13:53:44 +1200 | The Finance and Expenditure Committee
The Chair of the Finance and Expenditure Committee is calling for submissions on the Overseas Investment (Build-to-rent and Similar Rental Developments) Amendment Bill. More >>
Significant Downturn In New Zealand Farm Sales, REINZ Reports Rural Property Sales
Thu, 27 Jun 2024 11:58:16 +1200 | REINZ
REINZ has released its latest data, revealing a notable decrease in farm sales across the country. The findings indicate significant trends and shifts within the rural real estate market that industry experts and commentators should closely monitor.More >>
REINZ Reports Lifestyle Property Market Shows Resilience With Increased Sales & Stable Prices Lifestyle Property Sales
Thu, 27 Jun 2024 11:54:51 +1200 | REINZ
The Real Estate Institute of New Zealand (REINZ) has released its latest data on the lifestyle property market, revealing encouraging trends in sales and pricing for the three months ending May 2024.More >>
Can You Afford Property In Your Area Under New Debt-to-income Ratios (DTIs)?
Thu, 27 Jun 2024 11:48:36 +1200 | realestate.co.nz
Based on our 12-month national average asking price of $902,988, property seekers will need a household income of $120,398. Assuming a 20% deposit, this is calculated by dividing the total loan amount of $722,390 by six, per the new DTI regulations.More >>
Consumer NZ Reveals The Best And Worst Real Estate Agencies In 2024
Thu, 27 Jun 2024 08:07:04 +1200 | Consumer NZ
For the first time, Consumer NZ reveals the best and worst real estate agencies in Aotearoa. Based on feedback from the public and Consumer members, there were clear winners and losers.More >>
Total Realty Continues To Provide Affordable Real Estate Services Across New Zealand
Wed, 26 Jun 2024 10:08:19 +1200 | Total Realty
Known for its transparent fee structure, Total Realty has carved out a reputation for offering a flat commission rate of 1.5%, ensuring significant savings for property sellers without compromising on service quality.More >>
NZ Property Investors Federation Appoints New PR And Advocacy Manager
Tue, 25 Jun 2024 10:20:10 +1200 | NZ Property Investors Federation
The New Zealand Property Investors Federation (NZPIF) today announced the appointment of experienced communications professional Matt Ball into the new role of PR and Advocacy manager, signalling a new determination to elevate the concerns of property ...More >>
Why Investors Are Swapping Lawns For Ledgers
Mon, 24 Jun 2024 08:28:04 +1200 | Easy Crypto
In an era in which the traditional ‘white picket fence’ feels increasingly out of reach for many, a growing number of investors are trading in their ambitions of home ownership for a stake in the digital frontier. More >>
Big Increase In Auckland Resource Consents Fees Coming July 1st - Some By 100%
Fri, 21 Jun 2024 12:11:05 +1200 | Subdivide Simplified
According to the recent Auckland Council Annual Budget, the cost of lodging a resource consent will increase dramatically from next month. More >>
Battle To Find A Place To Live In Idyllic Coastal Town
Thu, 20 Jun 2024 18:32:05 +1200 | Matthew Rosenberg - Local Democracy Reporter
A lack of rental accommodation has been blamed for limiting the growth of a coastal Southland town where holiday homes are king. More >>
'Renting Is Very Expensive' - NZ's Global Distinction
Thu, 20 Jun 2024 16:01:27 +1200 | RNZ
Solo mum Cara says rent has been as much as half her income. Data shows she's not alone. More >>
Realtor Janet Dickson’s Refusal To Attend Compulsory Māori Values Course Goes To Court
Wed, 19 Jun 2024 17:59:24 +1200 | RNZ
An Auckland real estate agent is taking a principled stand that has consequences, her lawyer says.More >>
Occupation Of Tōwai School Site Erodes Property Rights
Wed, 19 Jun 2024 17:19:31 +1200 | ACT New Zealand
“Private property rights warrant protection, yet again we see their flagrant erosion,” says Northland-based ACT MP Mark Cameron in response to the occupation of the Tōwai School site.More >>
REINZ May Data: Sales Up, Amidst Voluminous Listing Levels
Mon, 17 Jun 2024 12:32:03 +1200 | Real Estate Institute Of New Zealand
The Real Estate Institute of New Zealand (REINZ) released its May 2024 data today. The data shows a national and regional increase in listings and sales counts while median sales prices stabilise.More >>