Property news and analysis

6 Dec 16, 5:02am
11
Auction results: 30% sell under the hammer but nearly 40% got no bids at four major Barfoot & Thompson auctions last week
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5 Dec 16, 1:59pm
39
Key says will vote for English as National leader in December 12 caucus vote; says National can win 4th and 5th terms with English as leader; Key says wants quieter life with family; eyes board positions in Australasia or Asia
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5 Dec 16, 9:58am
66
Barfoot & Thompson says both average and median prices dropped in November, but market 'well positioned to achieve a soft landing'; Barfoots' number of available listings at highest level for nearly four years
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3 Dec 16, 5:02am
12
Banks don't know how vulnerable they are to underinsurance; Insurers don’t see major underinsurance risks post-Kaikoura
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3 Dec 16, 5:02am
0
Investors at Bayleys' auctions snapped up commercial properties in Auckland, Whitianga, Napier and Wellington
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2 Dec 16, 10:11am
0
Rodney Dickens suggests how you should assess the numerous surveys and market indicators published about the economy, and how to draw conclusions from them
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1 Dec 16, 4:19pm
1
Apartment buyers remain cautious but there are a few bright spots at Auckland auctions
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1 Dec 16, 12:00pm
18
House prices nationally rose just 2% in past three months; Auckland average rises to $1.05 mln, but slowest rate of growth in nearly two years
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1 Dec 16, 8:22am
32
First home buyers are being squeezed between rising prices and rising interest rates in the upper North Island, but prices are easing in other parts of the country
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30 Nov 16, 4:57pm
26
RBNZ wary of increasing use by banks of wholesale offshore funding to fill gap left by falling growth of local deposits; says banks raising deposit and mortgage rates to help fill gap; see long term rates having bottomed out
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30 Nov 16, 4:05pm
2
RBNZ says Kaikoura quakes could cost NZ$3-8 billion, including up to NZ$3 bln of Govt spend and up to NZ$5 bln of insurance; still confident on economy; says insurers can handle claims
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30 Nov 16, 2:36pm
6
The number of homes worth $1 million or more has quadrupled over the last three years, Myvalocity says
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30 Nov 16, 9:18am
29
RBNZ warns in Financial Stability Report that housing imbalances remain; Wheeler says won't use Debt To Income multiple restriction 'at this time'; RBNZ notes rising use by banks of 'hot' overseas funds
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28 Nov 16, 2:08pm
26
Prices at Bayleys' auctions ranged from $407,000 for a house in Hamilton to $3.9m for a house on a lifestyle block at Whitford
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28 Nov 16, 11:47am
7
Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
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28 Nov 16, 11:31am
54
PM says Treasury's forecasts of blow-out in debt by 2060 without NZ Superannuation changes "a load of nonsense"; says Treasury couldn't get forecasts right 44 days before Budget 'let alone 44 years out'; also downplays weak productivity
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26 Nov 16, 7:37am
4
Sales rates at four major Barfoot & Thompson auctions ranged from 25% to 35% - more homes selling in negotiations immediately after being passed in
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25 Nov 16, 12:08pm
11
Less than a quarter of the shares in The Ownery's first HouseShare scheme were taken up by investors
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24 Nov 16, 4:07pm
0
Leasehold unit in Parnell sells for $207,500 and a 1 bedroom unit in a leaky building on Queen St fetches $181,000
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24 Nov 16, 3:39pm
26
New Reserve Bank figures show housing investors grabbing smallest share of new mortgage lending in at least two years; first home buyers coming on strong
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24 Nov 16, 10:03am
6
Bill English and Paula Bennett plan to sell up to 2,500 state houses in Christchurch to community housing provider; includes house John Key grew up in; Housing NZ to retain up to 3,900 homes in Christchurch
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24 Nov 16, 8:31am
16
Infometrics pinpoints where population growth is set to soar and reveals just how many people Kaikoura could lose due to the quakes
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23 Nov 16, 3:08pm
40
Rents on Trade Me Property up modestly in Auckland, rising strongly in Wellington and down in Christchurch
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23 Nov 16, 2:29pm
0
Insurance Council calls for law change to oblige authorities to check businesses' air con units, lights, sprinklers, etc will be secure in an earthquake; Attributes up to 70% of commercial building damage to seismic restraint failures
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23 Nov 16, 1:23pm
21
Ministers announce cap for Recognised Seasonal Employer (RSE) scheme in 2016/17 raised by 1,000 to 10,500; say allows horticulture and wine exporters to keep growing; Winston Peters rails against National's "immigration madness"
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