Latest Real Estate Headlines

Optimism Is Creeping Back, But Are We Seeing It In The Property Market Yet?

Thu, 1 Aug 2024 08:14:20 +1200 | realestate.co.nz

Mortgage interest rate cuts, decreasing inflation, and speculation about the Official Cash Rate dropping sooner than initially signalled may be bringing midwinter economic optimism.More >>

Bell Gully Advises Stonepeak On Scheme Of Arrangement To Acquire Arvida

Wed, 31 Jul 2024 13:30:51 +1200 | Bell Gully

The Bell Gully team supporting Stonepeak was led by corporate partner Toby Sharpe, together with partner Gabrielle Menzies and banking and finance partner, Sam Dykes. It included members from across Bell Gully’s various practice areas.More >>

Christchurch CBD Office Market Tipped To Remain Strong Despite Upcoming New Supply

Wed, 31 Jul 2024 12:06:51 +1200 | CBRE

The Christchurch office market has outperformed other major New Zealand centres in recent years, with exceptionally low vacancy rates across all submarkets. More >>

June 2024 Rural Data: REINZ Reports Decreased Activity Alongside Economic And Seasonal Factors

Wed, 31 Jul 2024 11:16:58 +1200 | REINZ

There were 215 farm sales in the three months ended June 2024, marking a decrease of 14 sales (-6.1%) compared to the same period in 2023, where 229 sales were recorded. This also reflects a decline of 13.3% from the 248 sales reported for the three months ...More >>

June 2024 Lifestyle Data: Decrease In Lifestyle Property Sales Expected

Wed, 31 Jul 2024 11:01:49 +1200 | REINZ

The Real Estate Institute of New Zealand (REINZ) today released its latest data on the lifestyle property market, revealing notable trends and fluctuations in sales and prices across regions.More >>

Rooms Online Awarded ‘Michael Friend Supplier Of The Year’ By Hospitality New Zealand Last Night

Wed, 31 Jul 2024 09:26:04 +1200 | Hospitality New Zealand

Hospitality New Zealand has awarded Amy Billaney from Rooms Online the prestigious ‘Michael Friend Supplier of the Year’, sponsored by Both Brains at their People Awards for Excellence in Christchurch last night. More >>

New Research From CPAG Reveals Renting Is Increasingly Unaffordable In Our Regions

Tue, 30 Jul 2024 07:09:38 +1200 | Child Poverty Action Group

The Child Poverty Action Group (CPAG) is calling for better monitoring of housing stock, particularly private rentals, as new research reveals the share of affordable rentals has significantly decreased in most of our regions over the past five years.More >>

Consumer NZ Estimates 1 Million New Zealanders Shut Out Of The Homeowners’ Club

Mon, 29 Jul 2024 09:02:55 +1200 | Consumer NZ

Gemma Rasmussen, head of research and advocacy at Consumer NZ, says there are concerning consumer impacts to dwindling home ownership in Aotearoa. More >>

Oyster Property Group Appoints Independent Director

Fri, 26 Jul 2024 11:28:34 +1200 | Oyster Property Group

Oyster Property Group has announced the appointment of Independent Director, Rachael Newsome, to its Board, further enhancing the firm’s risk management and governance capabilities.More >>

Property Transfer Statistics: June 2024 Quarter

Thu, 25 Jul 2024 11:37:55 +1200 | Stats NZ

Property transfer statistics are based mainly on land transfer tax statements. They capture property transfers by New Zealanders and overseas people. This includes information on the citizenship, visa status, or tax residency of people and companies involved ...More >>

Navigating Christchurch's Competitive Real Estate Market

Thu, 25 Jul 2024 07:57:18 +1200 | Total Realty

The real estate market in Christchurch continues to exhibit dynamic trends, reflecting both challenges and opportunities for prospective buyers and sellers. More >>

Average Auckland Rent Continues Rise Above 5% Year-on-year, Softening Activity May Ease Upward Trend

Wed, 24 Jul 2024 11:22:15 +1200 | Barfoot and Thompson

The average weekly rent paid in Auckland was 5.59% higher in June 2024 than one year ago, rising by $35.91 to $678.30. More >>

Rental Prices Experience First Decline In Nearly Two Years

Wed, 24 Jul 2024 09:10:17 +1200 | Trademe

Rental prices have fallen slightly this month, the first time a decrease has been recorded since 2022, according to Trade Me's latest Rental Price Index.More >>

Shared Ownership Housing Options Could Help Thousands More NZers Into Their Own Home

Tue, 23 Jul 2024 07:23:47 +1200 | Westpac New Zealand

Affordable shared home ownership options like shared equity and leasehold could help tens of thousands more New Zealanders into their own homes, but work is needed to help the sector scale up, according to new research released by Westpac NZ.More >>

Legal Advice Prompts Another Round Of Consultation

Thu, 18 Jul 2024 19:25:20 +1200 | Emily Ireland - Local Democracy Reporter

South Wairarapa District Council is launching another round of consultation on its rating remission policy after legal advice. More >>

Warner Bros. Discovery And Kiwibank Create New Series About First Home Ownership In Aotearoa New Zealand

Thu, 18 Jul 2024 10:18:48 +1200 | Warner Bros Discovery

Warner Bros. Discovery (WBD) and Kiwibank have today announced a partnership to create a new local series, On the Ladder with Kiwibank, about the ups and downs of finding, and the different ways of buying, a first home in the complex and dynamic New Zealand ...More >>