Real Estate

Why the Government is holding back on migration

24 Apr 18, 4:24pm

David Hargreaves says the tweaks the National Government made to immigration settings towards the end of its tenure have turned the migration tide
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'Luxury houses' to be exempt from foreign buyer rules?

23 Apr 18, 10:42am

David Hargreaves

79 comments

The Government's coming under pressure to make changes and exemptions in its legislation barring offshore buyers from owning existing New Zealand houses
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Sorry IMF, but we need to close the door on foreign house buyers

22 Apr 18, 7:02am

Greg Ninness

110 comments

Greg Ninness takes a look at the concept of the RBNZ having a debt-to-income ratio tool and the Government banning foreign house buyers and says bring them both on
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The slump in residential property sales may be bottoming out

20 Apr 18, 8:00am

Greg Ninness

99 comments

Total residential real estate commissions are estimated to have slumped by $227 million in the 12 months to March, but the loss of blood may have finally been staunched, says Greg Ninness
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Building a house 'more attractive than buying one'

18 Apr 18, 4:24pm

David Hargreaves

23 comments

ANZ economists say the cost of building a new house has become more attractive relative to the cost of buying an existing one
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Harcourts' sales a bit softer in March - prices mixed

18 Apr 18, 1:43pm

Greg Ninness

42 comments

Harcourts' March sales volumes down 7.5% year-on-year as the summer selling season ended on a quieter note
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Westpac warns of looming housing market slowdown

17 Apr 18, 11:39am

Greg Ninness

105 comments

Westpac report says the good times in the residential property market will "end very soon"
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Housing sales volumes well down on last year in most major centres - REINZ

17 Apr 18, 9:39am

Greg Ninness

130 comments

Auckland housing sales the lowest for the month of March since 2010
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Barfoot & Thompson gets overall sales rate of 32% at latest auctions

17 Apr 18, 7:02am

Greg Ninness

3 comments

The highest sales rate was for properties where the auction was on site, while less than a quarter were sold at the big North Shore auctions
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What would a 'normal' housing market look like?

16 Apr 18, 5:03pm

David Hargreaves

53 comments

As the new Government puts various supply and demand policies into place aimed at the housing market, David Hargreaves wonders if it has a clear plan of how it would like to see the market looking and behaving
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Sales rate of 48% at Bayleys' latest auctions

16 Apr 18, 2:10pm

Greg Ninness

17 comments

Bayleys auction rooms were busier last week as things returned to normal after a couple of short weeks
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Property Market Snapshot: 4.96% net rental return on Orewa retail premises

14 Apr 18, 9:29am

Greg Ninness

25 comments

Shop occupied by liquor retailer in Orewa sells under the hammer for $605,000, gives new owner net return of 4.96%
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Westpac report says Auckland's housing shortage is getting worse

13 Apr 18, 12:09pm

Greg Ninness

66 comments

Westpac report says Auckland housing shortage will get worse before it gets better - fixing problems will 'be a slow grind'
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Plenty of bidding but buyers cautious on price at apartment auctions

12 Apr 18, 2:47pm

Greg Ninness

33 comments

Fewer to choose from at the latest apartment auctions and although buyers were prepared to bid they were being cautious on price
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The revival of the first home buyer

11 Apr 18, 2:10pm

David Hargreaves

71 comments

David Hargreaves wonders whether the Reserve Bank would be best served by leaving tough deposit restrictions in place on housing investors for the time being
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Overall sales rate of 36% at Barfoot & Thompson's latest auctions

10 Apr 18, 9:48am

Greg Ninness

25 comments

Sales rates at Barfoot & Thompson's auctions range from 14% in Manukau to 60% in Pukekohe
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House prices and debt rein in consumer spending

9 Apr 18, 1:55pm

David Hargreaves

49 comments

ANZ economists say high house prices and associated high debt levels have seen consumer spending remain more subdued than might have been expected with the economy buoyant
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Sales on 59% of properties at Bayleys' latest auctions

9 Apr 18, 1:12pm

Greg Ninness

6 comments

There was not much on offer at Bayleys' auctions in the week after Easter but buyers were still active and the sales rate was healthy
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Banks will be falling over themselves to lend on KiwiBuild

7 Apr 18, 8:55am

Greg Ninness

141 comments

Getting 4000 homes on the first KiwiBuild site at Mt Albert may not be as difficult as some people are making out, and it could be a godsend for the banks
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