Property · Building · Design
The latest CoreLogic data shows that the national median house price edged down 0.2% in the final month of 2024. Although this was the ninth consecutive monthly decline, the modest adjustment broadly reflected the housing market’s direction throughout the year, as high interest rates and a weak labour market continued to push prices lower.
As 2024 draws to a close, we look back on a year in which YIJU not only grew but also delivered outstanding achievements for clients and partners through exceptional service and innovative practices.
Let us look back at the major events that affected New Zealand’s Chinese property and construction sectors this year, and revisit the key topics that had a profound impact on the industry.
As capital moves increasingly frequently around the world, overseas investment is crucial to New Zealand’s economic development. Yet for many potential investors, New Zealand’s current Overseas Investment Act appears to present a formidable barrier, restricting the inflow of overseas funds and discouraging many from investing in the country.
The Fast-track Approvals Bill passed in Parliament yesterday. The controversial policy aims to provide a faster approval pathway for projects of regional and national significance, accelerating infrastructure development and economic recovery
Last month, Watercare released a map showing areas of Auckland with water and wastewater restrictions, prompting a strong reaction from developers and real estate agents.
After four years of sharp fluctuations, residential and commercial construction costs in New Zealand are gradually stabilising.
In a changing environment, flexibility and foresight will be the keys to success for property investors.
Drawing on analysis from two economists, this article examines the far-reaching effects of interest rate cuts on the housing market and borrowing strategies.
“This style aligns with rural and coastal living trends in Australia and New Zealand, while fitting Kaikōura’s distinctive landscape and culture in its own way. The simple exterior was largely shaped by the panoramic views and our focus on outdoor family living.”
However, this decision has faced questions. Why has the Government chosen to support Kiwibank rather than offer similar support to private banks with greater market dynamism?
New Zealand's property market continued its modest decline in November, falling 0.4% overall.