Property · Building · Design
A new review of New Zealand social housing agency Kāinga Ora has found that it is performing poorly financially and will struggle to sustain its operations without significant savings and changes to funding and financing.
A week ago, Westpac sharply cut its three-year fixed mortgage rate to 6.29%, putting it 26 basis points below the 6.65% offered by its main rivals.
Rental markets across many parts of New Zealand have been heating up recently, driven by rising net migration, the return of tourists and international students, and the effects of extreme weather in 2023.
What does a home look like when you want to move in at first sight and never tire of it, even after years of living there?
Choosing a property that will hold and increase its value is a concern for every buyer in New Zealand’s property market.
Following earlier cuts to fixed mortgage rates by ANZ and ASB, Westpac and Kiwibank have also announced reductions to some of their fixed home loan rates, effective today
New Zealand construction business owners have recently faced pressure on several fronts: fewer building consents being issued, persistently high construction costs and increasing difficulty securing finance… These harsh wider conditions have pushed the construction industry into contraction.
Auckland is New Zealand’s largest property market, and its house price trends have long attracted close attention from property investors
Over the past four years following the COVID pandemic, New Zealand’s property market has experienced continual ups and downs.
Kiwibank chief economist Jarrod Kerr recently warned borrowers that greater mortgage pressure lies ahead
On the evening of 3 May, the New Zealand Chinese Building Industry Association (NZCBIA) successfully hosted its ‘Dialogue with the Building Minister’ event at Park City.
Residential property auction numbers surged last week, with 437 properties going under the hammer nationwide, a substantial increase from 364 the previous week,