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Property

A significant downturn is likely for the entire building industry, not just housing
16th May 23, 12:46pm
24
A significant downturn is likely for the entire building industry, not just housing
The current high level of new homes being built in Auckland probably won't last
15th May 23, 11:46am
45
The current high level of new homes being built in Auckland probably won't last
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
13th May 23, 10:01am
167
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
Auction room activity appears to have settled into a steady pace as the weather cools
13th May 23, 6:01am
38
Auction room activity appears to have settled into a steady pace as the weather cools
Upper Hutt and Franklin in south Auckland had the biggest house price falls last month
12th May 23, 11:14am
41
Upper Hutt and Franklin in south Auckland had the biggest house price falls last month
Big drop in the number of overseas workers arriving in New Zealand during April
12th May 23, 9:13am
31
Big drop in the number of overseas workers arriving in New Zealand during April
April a disastrous month for the housing market with lowest sales volumes, excluding 2020, in more than 31 years
11th May 23, 9:03am
193
April a disastrous month for the housing market with lowest sales volumes, excluding 2020, in more than 31 years
There's a gathering storm in the residential construction industry
10th May 23, 9:19am
144
There's a gathering storm in the residential construction industry
Average New Zealand dwelling value down $161,264 since it peaked at the start of last year
9th May 23, 5:00am
213
Average New Zealand dwelling value down $161,264 since it peaked at the start of last year
There are signs vendors may be trimming their price expectations to meet the market and achieve a sale
6th May 23, 9:00am
179
There are signs vendors may be trimming their price expectations to meet the market and achieve a sale
Immigrants now make up about 12.5% of NZ home buyers and their market share is rising
5th May 23, 11:26am
57
Immigrants now make up about 12.5% of NZ home buyers and their market share is rising
Big drop in building consent numbers suggests the construction industry is headed for a sharp downturn
4th May 23, 12:01pm
58
Big drop in building consent numbers suggests the construction industry is headed for a sharp downturn
Residential property values are continuing to slide as the market heads towards winter
3rd May 23, 12:01am
79
Residential property values are continuing to slide as the market heads towards winter
Barfoot & Thompson's median selling price slips below $1 million, now down $245k from November 2021 peak
2nd May 23, 10:38am
112
Barfoot & Thompson's median selling price slips below $1 million, now down $245k from November 2021 peak
Very little movement either up or down at last week's residential property auctions
2nd May 23, 7:29am
18
Very little movement either up or down at last week's residential property auctions
Housing market headed for a hard winter with stock levels up, sales down and new listings at a record low
1st May 23, 10:21am
120
Housing market headed for a hard winter with stock levels up, sales down and new listings at a record low
March sales to first home buyers up 7.7% compared to March last year. Prices higher, mortgages bigger than pre-Covid
29th Apr 23, 5:00am
49
March sales to first home buyers up 7.7% compared to March last year. Prices higher, mortgages bigger than pre-Covid
The commercial property market remains subdued with demand for retail and office space in negative territory
28th Apr 23, 11:30am
4
The commercial property market remains subdued with demand for retail and office space in negative territory
ANZ slightly more optimistic on the house price front, thinks they will bottom out in June
28th Apr 23, 9:39am
88
ANZ slightly more optimistic on the house price front, thinks they will bottom out in June
Rising wages are moderating the effect of rising interest rates on first home buyers
28th Apr 23, 5:00am
58
Rising wages are moderating the effect of rising interest rates on first home buyers
Real estate agents are leaving the industry as commission levels tumble
27th Apr 23, 10:21am
70
Real estate agents are leaving the industry as commission levels tumble
More homes on offer and an apparent lift in prices achieved at the latest auctions
22nd Apr 23, 6:00am
67
More homes on offer and an apparent lift in prices achieved at the latest auctions
The gap between asking prices and selling prices increased from $8861 in March 2021 to $108,823 last month
21st Apr 23, 12:00pm
57
The gap between asking prices and selling prices increased from $8861 in March 2021 to $108,823 last month
Total residential real estate commissions in Auckland down by 58% compared to two years ago
20th Apr 23, 9:55am
68
Total residential real estate commissions in Auckland down by 58% compared to two years ago
Median house price declines from peak range from -$25,000 in Southland to -$299,400 in Auckland
19th Apr 23, 9:02am
106
Median house price declines from peak range from -$25,000 in Southland to -$299,400 in Auckland