Property · Building · Design
Chains of four property deals are rare, and completing all the transactions within the same timeframe is extremely challenging
Although the market widely expects the Reserve Bank to leave the OCR unchanged until the second half of 2025, expectations of a rate cut are growing. Few major economic releases have appeared since the last OCR review on 22 May, but some secondary indicators suggest the economy is weakening and inflation pressures are easing. Unfortunately, the Reserve Bank still needs firmer evidence that inflation has indeed returned to a manageable range.
The latest figures recently released by New Zealand property website Realestate.co.nz show that Auckland's property stock has risen significantly, reaching its highest level in a decade.
The Government will require councils to plan for 30 years of housing growth. The reforms will remove local councils' powers over urban boundaries and development standards and make more land available for development in an effort to address the urban housing crisis.
The market continues to favour buyers. Property investors should note that first-home buyers still dominate the current market, although their share of new mortgage registrations has declined over the past six months.
When will the Reserve Bank of New Zealand make its first interest rate cut? Five major banks give their forecasts
ANZ’s latest survey shows consumer confidence edged down last month, despite already being at a low level.
As winter arrives in New Zealand, home maintenance becomes especially important. Whether you live in your property or rent it out, good winter maintenance helps keep it comfortable, extends its lifespan and reduces repair costs. Today, we take a comprehensive look at winter home maintenance from a professional perspective.
New Zealand rents far exceed those in many other countries The Economist recently reported that New Zealand topped an Organisation for Economic Co-operation and Development (OECD) ranking fo
He believes NZ$3000 per square metre would be the baseline starting cost for a new build, excluding earthworks or any additional site costs.
Around 6800 properties changed hands last month, up 9% on May last year, but about 15% below the long-term sales average for the month.
In 2021, the two parties reached an agreement on housing density, allowing medium- to high-density, three-storey homes on residential land in major cities to address New Zealand's longstanding housing crisis.