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Property

May's national median weekly rent for newly tenanted properties up $30 year-on-year to $600
17th Jul 24, 11:12am
7
May's national median weekly rent for newly tenanted properties up $30 year-on-year to $600
Residential sales commissions dived in June and the outlook for July is not much better
16th Jul 24, 11:33am
48
Residential sales commissions dived in June and the outlook for July is not much better
Housing sales crashed to GFC levels in June - REINZ describes the market as 'a little chilly'
15th Jul 24, 8:59am
206
Housing sales crashed to GFC levels in June - REINZ describes the market as 'a little chilly'
Fewer properties being auctioned and the sales rate remains at just under a third
13th Jul 24, 6:26am
53
Fewer properties being auctioned and the sales rate remains at just under a third
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
11th Jul 24, 1:00am
73
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
A sharp increase in the number of NZ citizens leaving the country long term has pushed the country into negative population growth from migration
10th Jul 24, 11:45am
138
A sharp increase in the number of NZ citizens leaving the country long term has pushed the country into negative population growth from migration
QV says house hunters are going into hibernation as values continue to fall
9th Jul 24, 5:00am
236
QV says house hunters are going into hibernation as values continue to fall
Despite a sharp increase in the number of houses going under the hammer, the sales rate sank, and the prices achieved for those that sold slipped further below rating valuations. It was especially tough in Auckland
6th Jul 24, 7:28am
129
Despite a sharp increase in the number of houses going under the hammer, the sales rate sank, and the prices achieved for those that sold slipped further below rating valuations. It was especially tough in Auckland
Average estimated price first home buyers are paying for a home has declined by more than $60,000 over the last two years
5th Jul 24, 9:55am
142
Average estimated price first home buyers are paying for a home has declined by more than $60,000 over the last two years
Minister for Housing Chris Bishop says the Government is ‘liberalising the rules’ of the housing market which will help property become more affordable, has spoken with banks about apartment lending criteria
4th Jul 24, 3:10pm
75
Minister for Housing Chris Bishop says the Government is ‘liberalising the rules’ of the housing market which will help property become more affordable, has spoken with banks about apartment lending criteria
Bishop will abolish urban limits, set housing growth targets, and define rapid transport in plan to tackle the housing crisis
4th Jul 24, 10:26am
77
Bishop will abolish urban limits, set housing growth targets, and define rapid transport in plan to tackle the housing crisis
CoreLogic says average dwelling values have been slowly declining for the last three months and earlier increase was a dead cat bounce
4th Jul 24, 12:01am
116
CoreLogic says average dwelling values have been slowly declining for the last three months and earlier increase was a dead cat bounce
Average asking price of homes listed for sale on Realestate.co.nz down $90,071 since February, Auckland down by more than $100,000
3rd Jul 24, 5:00am
193
Average asking price of homes listed for sale on Realestate.co.nz down $90,071 since February, Auckland down by more than $100,000
Value of new residential construction work consented down by $3.3 billion in year to May
2nd Jul 24, 1:21pm
9
Value of new residential construction work consented down by $3.3 billion in year to May
Barfoot & Thompson's sales were at a 14 year low in June while stock levels were at a 14 year high
2nd Jul 24, 11:30am
133
Barfoot & Thompson's sales were at a 14 year low in June while stock levels were at a 14 year high
An unlikely coalition of New Zealand voters are backing Housing Minister Chris Bishop’s mission to bring down house prices
1st Jul 24, 3:14pm
200
An unlikely coalition of New Zealand voters are backing Housing Minister Chris Bishop’s mission to bring down house prices
More homes being auctioned compared to a year ago but the sales level is lower
1st Jul 24, 2:36pm
65
More homes being auctioned compared to a year ago but the sales level is lower
Consumer NZ’s first real estate agency survey ranks the best and worst real estate agency in the country and highlights satisfaction disparity between sellers and buyers
28th Jun 24, 6:00am
40
Consumer NZ’s first real estate agency survey ranks the best and worst real estate agency in the country and highlights satisfaction disparity between sellers and buyers
Trade Me says more rooms in flats are being advertised but fewer people want them
27th Jun 24, 9:05am
78
Trade Me says more rooms in flats are being advertised but fewer people want them
ANZ's economists cut their house price forecast but admit no one can forecast the housing market with a high degree of precision
26th Jun 24, 3:09pm
37
ANZ's economists cut their house price forecast but admit no one can forecast the housing market with a high degree of precision
Westpac says housing market momentum has slowed decidedly since the middle of last year, slashes 2024 house price growth forecast
26th Jun 24, 8:30am
145
Westpac says housing market momentum has slowed decidedly since the middle of last year, slashes 2024 house price growth forecast
[updated]
Prime Minister Christopher Luxon wants 'downward pressure' on house prices but not necessarily real decreases
25th Jun 24, 6:43am
156
Prime Minister Christopher Luxon wants 'downward pressure' on house prices but not necessarily real decreases
Housing is still unaffordable for first home buyers on average incomes but at least it's not getting any worse
24th Jun 24, 11:28am
69
Housing is still unaffordable for first home buyers on average incomes but at least it's not getting any worse
Fewer properties on offer, fewer selling under the hammer at the latest auctions
22nd Jun 24, 6:01am
126
Fewer properties on offer, fewer selling under the hammer at the latest auctions
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