Property · Building · Design
The COVID-19 pandemic and the accompanying global economic downturn are affecting property markets worldwide. In New Zealand, another factor is also crucial to the market’s near-term direction: the general election taking place next month.
What exactly do the Healthy Homes Standards require? What difficulties might arise when working towards compliance, and how can they be resolved? We will invite professionals from Guardian Property Management to explain these issues one by one. Stay tuned.
Another month has begun. Like the young man waiting for the upstairs neighbour’s other shoe to drop, each month we await the sharp fall in house prices predicted by economists, only to find the next month’s market reports showing that prices have risen yet again!
Grey Lynn is well known as an affluent suburb of million-dollar homes. According to a REINZ report, its annual median property price had already reached NZ$1,010,000 5 years ago. Prices have continued to climb steadily, with the annual median now reaching NZ$1,480,000, an increase of 47%.
More than four months have passed since the country went into lockdown because of COVID-19. Although New Zealand has been praised as one of the world’s best performers in tackling the pandemic and restoring its economy, the market still faces many unknowns, uncertainties and even risks.
The New Zealand government’s new work visa policy came into effect on 27 July. What will change for future work visa applications? What effects could it have on applicants, employers and New Zealand’s future economic development? Let’s take a look.
August is almost here, the weather is warming up and sunny days are becoming more frequent. The new building consent exemptions that have many people eager to get started will take effect at the end of August. Start planning a month ahead and you can be ready to build as soon as the rules begin. So, are you ready?
In the second quarter, New Zealand went through an outbreak, a nationwide lockdown, the elimination of community transmission, the resumption of production and a return to normal domestic life. It was a turbulent three months. Through a series of economic reports, Colliers International has revealed how New Zealand's commercial property sector performed during the quarter. Overall, it stood out across Asia-Pacific.
Hello everyone, I'm a luxury home in New Zealand. Mention luxury homes and people either turn green with envy or flock to them. Add scenes from Hollywood blockbusters, and this is often the picture that comes to mind…
No discussion of Auckland's most expensive suburbs would be complete without Ponsonby and Grey Lynn. In these affluent neighbourhoods of million-dollar homes, every patch of land is precious, making them prized locations for many property buyers.
Every three years, all properties in New Zealand have their capital value (CV) reassessed. Auckland's current CVs are due to expire this year, but Auckland Council has proposed delaying the revaluation until 2021. What does this change mean for property buyers and sellers?
A newly released report from the Real Estate Institute of New Zealand (REINZ) has again confounded predictions that New Zealand’s property market would be hit by COVID-19. The latest figures show that house prices have risen for 105 consecutive months, while other indicators also point to a stable and active market.