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Real estate Stories - Page 51

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Will Auckland’s house prices crash like Sydney’s?
Migration

Will Auckland’s house prices crash like Sydney’s?

Auckland owners face weaker values for longer, but CoreLogic says the city lacks Sydney’s apartment glut and crash risk remains limited.

By Michael Curreen • 4 min read • Tue, 23rd Jul 2019
Number of new houses nearing record high
Migration

Number of new houses nearing record high

New dwelling consents are still climbing despite labour and materials constraints, with Auckland’s smaller homes now outpacing standalone houses for the first time.

By Michael Curreen • 3 min read • Thu, 18th Jul 2019
Is an industrial development boom coming to New Zealand?
Supply Chain

Is an industrial development boom coming to New Zealand?

Demand for warehouse space is rising as online retail squeezes physical stores, with New Zealand investors watching Australia’s boom closely.

By Michael Curreen • 5 min read • Sun, 14th Jul 2019
New Zealand’s busiest property markets revealed
NZD

New Zealand’s busiest property markets revealed

Affordability and tight supply are driving activity in cheaper districts, with Tararua, Waipa and Selwyn topping the turnover rankings.

By Michael Curreen • 3 min read • Tue, 9th Jul 2019
Success of Unitary Plan sets the tone for housing market
Law

Success of Unitary Plan sets the tone for housing market

Auckland’s more permissive zoning is helping ease prices, widen lending and give first-time buyers a better shot at home ownership.

By Michael Curreen • 5 min read • Tue, 9th Jul 2019
Flexible workspace leader launches franchise programme
Hybrid & Remote Work

Flexible workspace leader launches franchise programme

New Zealand operators can now tap a fast-growing office market as two thirds of large corporates plan flexible space use.

By Michael Curreen • 4 min read • Tue, 2nd Jul 2019
First home buyers make over half of purchases in these suburbs
Property Market

First home buyers make over half of purchases in these suburbs

Affordability is pushing first home buyers to dominate purchases in several New Zealand suburbs, with some taking more than 60% of sales.

By Michael Curreen • 4 min read • Sun, 30th Jun 2019
Government action urgently needed for New Zealand’s housing
Auckland Council

Government action urgently needed for New Zealand’s housing

Auckland’s housing shortfall is worsening as consent and completion numbers slip, raising pressure on ministers to speed up land release.

By Staff Writer • 3 min read • Sun, 23rd Jun 2019
New skyscraper unveiled in Auckland
Skycity

New skyscraper unveiled in Auckland

It will add 226 apartments and a 233-room hotel to downtown Auckland as demand for CBD homes outstrips supply, with completion due in 2024.

By Michael Curreen • 4 min read • Sun, 23rd Jun 2019
Effects of the foreign buyer ban
Law

Effects of the foreign buyer ban

Property demand in Auckland and Queenstown has softened after the ban, with foreign purchases plunging 81% in the first quarter.

By Michael Curreen • 3 min read • Tue, 18th Jun 2019
Turangi confirmed as NZ’s 'biggest riser'
Not for profit

Turangi confirmed as NZ’s 'biggest riser'

Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.

By Michael Curreen • 2 min read • Tue, 11th Jun 2019
Plans revealed for Melbourne’s tallest timber tower
Sustainability

Plans revealed for Melbourne’s tallest timber tower

Melbourne office tenants could soon get the city’s first premium timber tower, with GPT aiming to complete the Frame project in late 2021.

By Michael Curreen • 3 min read • Mon, 10th Jun 2019
The urban mobility ‘revolution’ is closer than you think
Smart Cities

The urban mobility ‘revolution’ is closer than you think

Passengers could soon book flying taxi trials in Melbourne or Sydney, as Uber prepares to name its first international test city on Monday.

By Staff Writer • 4 min read • Mon, 10th Jun 2019
Kiwi company looks to reinvent commercial real estate investment
Icehouse

Kiwi company looks to reinvent commercial real estate investment

New Zealand entrepreneur Mark Hurley is launching Jasper, a tech-enabled marketplace for investing in commercial real estate with lower minimums and fees.

By Shannon Williams • 3 min read • Thu, 6th Jun 2019
New Zealand’s best and worst performing suburbs
Statistics NZ

New Zealand’s best and worst performing suburbs

Auckland's market weakness is dragging New Zealand house prices sideways, with suburbs still showing sharp gains in the regions and losses on the North Shore.

By Michael Curreen • 5 min read • Tue, 4th Jun 2019
The latest design trends in residential projects
Smart Home

The latest design trends in residential projects

Buyers in boutique apartment projects are driving demand for custom layouts, hotel-style foyers and wellness spaces as competition intensifies.

By Michael Curreen • 8 min read • Sun, 2nd Jun 2019
How will the tax ring-fence effect investor behaviour?
Trends & Predictions

How will the tax ring-fence effect investor behaviour?

Many landlords may simply hold properties longer or pass them on, as the proposed ring-fence is unlikely to slash rental stock or confidence.

By Michael Curreen • 4 min read • Fri, 31st May 2019
Which Auckland properties are dropping in value?
Property Market

Which Auckland properties are dropping in value?

Auckland City and the North Shore are weighing on the market, with average property values down 1.5% over the past year.

By Michael Curreen • 4 min read • Thu, 23rd May 2019