The departure of almost 10,000 people from Christchurch City has proved to be a boon for landlords and property managers on the outskirts of the city. 26-10-2011 more >>
Just over half of First National’s property managers believe a good balance exists between supply and demand, while 41% believe there is a shortage of rental properties. 19-10-2011 more >>
The average median rent for a one-bedroom property in Birkenhead has soared 42% in the year to September 2011, while the same size property in Epsom has seen rents fall 24% over the same period. 18-10-2011 more >>
The New Zealand real estate market is climbing out of the doldrums, with September written sales up 19.8% on the year earlier, according to Harcourts. 12-10-2011 more >>
Property values in Auckland are above the market peak of late 2007 and are leading national values on a gradual rise, according to the latest QV residential property index. 12-10-2011 more >>
This September saw a 21.1% rise in sales on the year earlier, but just 43 extra sales than August 2011, “a modest result given the lift usually expected during spring.†12-10-2011 more >>
The price of the average home in Auckland has hit a six month high of $547,883, up 3.2% on August and just under 5% above last year. 05-10-2011 more >>
House prices are just 5% below the November 2007 peak and are set to rise 3% this and next year, according to JPMorgan economist Helen Kevans. 03-10-2011 more >>
The total value of Auckland’s real estate is $354 billion, according to the first Auckland Council revaluation of 516,000 properties – the largest revaluation project ever undertaken in New Zealand. 03-10-2011 more >>
New listings surged in September and the mean asking price rose $10,000 to 3.4% above last year and just 1% below the peak asking price in April this year. 03-10-2011 more >>
The number of new dwellings authorised – including and excluding apartments – show “strong increases†in both July and August, according to the latest Statistics New Zealand (SNZ) figures. 30-09-2011 more >>
The good news is landlords’ have little need to worry about new tax changes – the bad news is that for many, the impact of the last round has yet to be felt. 30-09-2011 more >>
In the space of one month 27,000 people have downloaded Realestate.co.nz’s upgraded iPhone app which allows users to search for rental property. 29-09-2011 more >>
Christchurch landlords’ willing to modify their tenancy expectations could seize opportunities presented by the earthquake repair work.
That's the view of Department of Building and Housing service delivery deputy chief executive Maria Robertson. 23-09-2011 more >>
Central Otago Lakes and Auckland remain the most expensive places in New Zealand to buy property, though nationwide home affordability improved slightly over the last quarter. 23-09-2011 more >>
A Dunedin property investor is lobbying the Government to change its tax laws for earthquake strengthening to make the work depreciable. 16-09-2011 more >>
Floating mortgage rates are unlikely to rise this year after Reserve Bank governor Alan Bollard took his cue from deteriorating sentiment about the global economy and kept interest rates on hold, as expected. 15-09-2011 more >>
A lack of quality listings is helping push values up in Auckland, while Wellington remains in a “holding pattern†according to the QV Index for August. 13-09-2011 more >>
High profile commercial property investor Sir Robert Jones has expanded his Auckland office portfolio with the purchase of a six story office and retail block in Takapuna. 12-09-2011 more >>
