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Property

About 1700 new dwellings a month are currently being completed in Auckland but that could start to decline considerably later in the year
20th Jun 24, 9:47am
38
About 1700 new dwellings a month are currently being completed in Auckland but that could start to decline considerably later in the year
New Zealand's biggest rent increases have come in cyclone-affected Gisborne and Hawke's Bay
19th Jun 24, 9:00am
83
New Zealand's biggest rent increases have come in cyclone-affected Gisborne and Hawke's Bay
The huge overhang of unsold properties is weighing heavily on the housing market
18th Jun 24, 10:14am
119
The huge overhang of unsold properties is weighing heavily on the housing market
Housing is too expensive and average prices need to fall even if it scares existing homeowners, Minister for Housing Chris Bishop says
17th Jun 24, 6:10pm
229
Housing is too expensive and average prices need to fall even if it scares existing homeowners, Minister for Housing Chris Bishop says
NZ First leader Winston Peters says allowing more granny flats to be built would help make housing more affordable for families
17th Jun 24, 4:12pm
61
NZ First leader Winston Peters says allowing more granny flats to be built would help make housing more affordable for families
House prices falling as vendors bite the bullet and meet the market heading into winter
17th Jun 24, 9:00am
225
House prices falling as vendors bite the bullet and meet the market heading into winter
More properties on offer at the latest auctions but the sales rate has been steady for the last seven weeks
15th Jun 24, 6:00am
72
More properties on offer at the latest auctions but the sales rate has been steady for the last seven weeks
QV says buyers spoilt for choice with nothing suggesting house prices will take off again soon as national average dwelling value falls
14th Jun 24, 5:00am
187
QV says buyers spoilt for choice with nothing suggesting house prices will take off again soon as national average dwelling value falls
Decline in asking prices on TradeMe Property suggests vendors are becoming more realistic in their price expectations
12th Jun 24, 10:06am
73
Decline in asking prices on TradeMe Property suggests vendors are becoming more realistic in their price expectations
Negative cash flows squeezing residential property investors out of the market
11th Jun 24, 10:31am
148
Negative cash flows squeezing residential property investors out of the market
Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023
10th Jun 24, 12:01pm
70
Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023
Fewer properties being auctioned and the sales rate hasn't changed
8th Jun 24, 6:00am
49
Fewer properties being auctioned and the sales rate hasn't changed
The much anticipated building industry slowdown has arrived with residential and non-residential construction work both down
7th Jun 24, 9:53am
33
The much anticipated building industry slowdown has arrived with residential and non-residential construction work both down
House value growth 'has completely petered out,' CoreLogic says, with the large volume of homes for sale to continue weighing on the market
6th Jun 24, 12:01am
221
House value growth 'has completely petered out,' CoreLogic says, with the large volume of homes for sale to continue weighing on the market
Barfoot & Thompson's sales up as vendors drop asking prices to meet the market
5th Jun 24, 10:39am
143
Barfoot & Thompson's sales up as vendors drop asking prices to meet the market
Asking prices, new listings and total stock levels all sinking as the housing market heads into winter
4th Jun 24, 9:37am
87
Asking prices, new listings and total stock levels all sinking as the housing market heads into winter
Auction sales rate appears to be settling at just under a third for winter
1st Jun 24, 6:00am
171
Auction sales rate appears to be settling at just under a third for winter
The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
31st May 24, 10:44am
20
The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
30th May 24, 3:46pm
21
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
New Zealand's population grew 6% in the 5 years to 2023 while the number of dwellings increased 9%
29th May 24, 3:41pm
73
New Zealand's population grew 6% in the 5 years to 2023 while the number of dwellings increased 9%
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
29th May 24, 5:00am
40
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
The number of real estate agencies and salespeople is declining as the housing market cools
28th May 24, 11:02am
42
The number of real estate agencies and salespeople is declining as the housing market cools
Banks are lending more to first home buyers with less than a 20% deposit
27th May 24, 4:27pm
37
Banks are lending more to first home buyers with less than a 20% deposit
Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
25th May 24, 6:37am
168
Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
Ross Stitt looks at why the Australian and New Zealand housing markets have diverged
24th May 24, 12:08pm
44
Ross Stitt looks at why the Australian and New Zealand housing markets have diverged