Future Homes Art Competition — 'Master Architect' call for entries
Future Homes Art Competition — 'Master Architect' call for entries
Industry Articles
Property · Building · Design
Exclusive! The industry's eagerly awaited annual event arrives this month: a preview of five highlights
2022 was always going to be an extraordinary year for New Zealand's property and construction industries, with the property market experiencing dramatic ups and downs
Experienced construction experts explain medium-density housing through case studies
Whether you are a developer, builder or project manager, or simply interested in property, this article offers an accessible introduction to medium-density housing and the basic information you need when planning a development.
Essential housing needs drive demand: the Auckland suburbs first-home buyers favour
Recent house price falls have made Westgate, Glen Eden and Karaka more affordable for first-home buyers
Property listings hit record levels: which sales method can help sell your home faster?
The latest data from New Zealand property website realestate.co.nz shows that the number of homes for sale has doubled from a year ago, asking prices continue to fall, and new listings are well above pre-pandemic levels. The market has firmly become a buyer's market
Do you agree with buyers using negative property market news to push sellers’ prices down?
Barfoot & Thompson recently said it had “just recorded its worst-ever July sales
Māori multicultural festival celebrates a flourishing diversity of cultures, bringing communities together
The Māori multicultural festival was successfully held at the Synergy Community Trust Chinese community centre in Auckland, New Zealand.
Major banks are poised for a mortgage rate-cutting battle, should homeowners take a gamble on floating rates?
With mortgage rates rising steadily this year, homeowners due to refix in the coming months may have to lock in higher fixed rates. However, some believe there are signs rates could fall before the end of the year. That leaves homeowners with a difficult question: is it worth choosing a floating rate over a fixed rate right now?
New Zealand’s latest August house price index is out, who are the biggest winners and losers?
The latest New Zealand house price index released today by OneRoof-Valocity shows no sign of the housing market downturn easing, with the national average house price falling 3.6% over the past three months. Most regions recorded varying degrees of negative or zero growth over the quarter. Greater Wellington was hardest hit, with prices plunging 8.6% (NZ$97,000) to an average of NZ$1,027,000. That is NZ$12,000 below the average at the end of July 2021.
Buyers, take note! Watch for these quiet changes in the subdued property market...
The latest figures from the Reserve Bank of New Zealand and the Real Estate Institute of New Zealand (REINZ) suggest that first-home buyers remain enthusiastic about buying their first property, despite a sharp fall in property sales during the current downturn, steadily rising mortgage rates and a substantial decline in lending by commercial banks.
One-off visas bring a wave of first-home buyers into the market. Is borrowing set to become even harder? Experts say most people overlook something harder than getting a mortgage!
According to Immigration New Zealand's website, as at 3 July 2022, the agency had received 101,500 applications for the 2021 Resident Visa, covering 204,700 people. It had approved 31,600 applications and 63,700 visas, and declined 40 applications.
Building material prices are soaring at a record pace! How much will rising construction costs affect your project?
Property research firm CoreLogic recently released its New Zealand construction cost index (CCCI), which measures the cost of building a 'standard' three-bedroom brick-and-tile house in different regions. In this year's second quarter, ending in June, quarterly growth accelerated from 2.4% in the first quarter to 2.6%. Annual growth rose from 7.3% in the previous quarter to 7.7%, the highest recorded since data collection began in 2012.