sign up log in
Want to go ad-free? Find out how, here.

Property

Businesses face some hard decisions as we emerge into the post-lockdown world - including the toughest decision of all, says Greg Ninness
12th Jun 20, 8:15am
71
Businesses face some hard decisions as we emerge into the post-lockdown world - including the toughest decision of all, says Greg Ninness
The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase
10th Jun 20, 12:28pm
26
The buyers of a Karaka property must pay the Crown having failed to get Overseas Investment Office approval for the purchase
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
10th Jun 20, 10:50am
7
Fletcher Building's shareholders might not see any dividends till 2022 if the construction giant uses new, more flexible, agreements with its lenders
A surge of properties offered at auction wasn't matched by the rise in sales at Barfoot & Thompson's auction rooms
9th Jun 20, 1:06pm
89
A surge of properties offered at auction wasn't matched by the rise in sales at Barfoot & Thompson's auction rooms
NZ Mortgages & Securities says it has plenty of money to lend but is looking for residential developers with suitable projects to lend it to
9th Jun 20, 10:42am
15
NZ Mortgages & Securities says it has plenty of money to lend but is looking for residential developers with suitable projects to lend it to
The COVID-19 lockdown appears to have had a bigger impact on commercial building projects than residential construction
8th Jun 20, 11:58am
3
The COVID-19 lockdown appears to have had a bigger impact on commercial building projects than residential construction
Auction activity is still gathering pace but the number of auction sales is higher than it was a year ago
5th Jun 20, 10:16am
125
Auction activity is still gathering pace but the number of auction sales is higher than it was a year ago
Barfoot & Thompson's sales volumes halved in May compared to a year ago but new listings suggest the market is returning to normal as lockdown restrictions are eased
3rd Jun 20, 10:40am
185
Barfoot & Thompson's sales volumes halved in May compared to a year ago but new listings suggest the market is returning to normal as lockdown restrictions are eased
QV says housing values have already come down from recent highs but it will be several months before we see the full effect of the COVID-19 pandemic on prices
3rd Jun 20, 5:02am
167
QV says housing values have already come down from recent highs but it will be several months before we see the full effect of the COVID-19 pandemic on prices
Building consents for commercial buildings dropped much more sharply in April than consents for new dwellings
2nd Jun 20, 12:07pm
4
Building consents for commercial buildings dropped much more sharply in April than consents for new dwellings
New listings on realestate.co.nz bounced back strongly in May but the national average asking price fell sharply
2nd Jun 20, 10:19am
128
New listings on realestate.co.nz bounced back strongly in May but the national average asking price fell sharply
At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation
30th May 20, 7:03am
93
At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
28th May 20, 11:22am
93
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
27th May 20, 12:38pm
17
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
27th May 20, 11:34am
156
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
27th May 20, 10:59am
6
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
27th May 20, 5:02am
61
ASB says confidence in the housing market outlook has fallen to a near eight-year low, with expectations for this to fall further in coming months
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
14
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
25th May 20, 12:31pm
107
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed
23rd May 20, 9:07am
272
Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed
ANZ report affirms forecast of 10% to 15% fall in house prices this year but warns there's a risk they could fall by more, says commercial property market likely to be even more badly affected
20th May 20, 3:46pm
117
ANZ report affirms forecast of 10% to 15% fall in house prices this year but warns there's a risk they could fall by more, says commercial property market likely to be even more badly affected
Fletcher Building says the lockdown resulted in it losing $55 million in New Zealand during April; sees residential building consents plummeting by 30% over the next year
20th May 20, 8:56am
119
Fletcher Building says the lockdown resulted in it losing $55 million in New Zealand during April; sees residential building consents plummeting by 30% over the next year
Hotel industry's recovery could be hampered by up 4200 new rooms under construction, mostly in Auckland and Queenstown
19th May 20, 4:28pm
15
Hotel industry's recovery could be hampered by up 4200 new rooms under construction, mostly in Auckland and Queenstown
David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
19th May 20, 1:58pm
64
David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
Migrant visa approval numbers hammered in April but the number of migrants in the country on work, student and residence visas remained fairly stable
19th May 20, 9:32am
26
Migrant visa approval numbers hammered in April but the number of migrants in the country on work, student and residence visas remained fairly stable