Property · Building · Design
Natural beauty, tranquillity and harmony… In coveted Mission Bay, this could be the last site to fulfil your dream of a luxury home on a large section.
Since 2020, an unexpected pandemic has disrupted people's lives while quietly changing their spending habits and creating new opportunities for smart home products. On the one hand, extended periods at home during the pandemic have encouraged people to upgrade their home products again. On the other, having experienced the pandemic, people will place greater value on safe, healthy lifestyles, making smart homes increasingly attractive to consumers.
After major changes to New Zealand's property sector this week, we learnt today from an Immigration New Zealand meeting that a range of immigration policies will be adjusted this year.
One of the hottest topics of everyday conversation among New Zealanders recently has been the succession of large sections in established suburbs fetching sky-high prices at auction. Large sites in good school zones, particularly those zoned Terrace Housing and Apartment Building, are selling almost as soon as they are listed, at jaw-dropping prices:
Over the past year, New Zealand mortgage rates have fallen lower and lower, repeatedly setting records... They have not only reached historic lows but even hit the bottom previously predicted by some economists. The reason lies in the stimulus measures introduced and implemented by the Reserve Bank of New Zealand to counter the pandemic's economic impact.
At 9h this morning, Prime Minister Jacinda Ardern and the housing, finance and revenue ministers jointly announced a series of new housing market measures at a press conference, marking the centrepiece of this year's housing market intervention. Ardern said the Government would strengthen its intervention by increasing housing supply and curbing property speculation, among other measures.
Last Tuesday, New Zealand Finance Minister Grant Robertson said the Government would announce a series of housing policies this week, taking substantial action to regulate the property market while also introducing incentives for investment in other areas.
After three months of competition, the 36th America's Cup concluded in Auckland, New Zealand, on 17 March. Emirates Team New Zealand successfully defended the Cup with a 7:3 victory, lifting sport's oldest trophy, the Auld Mug. This was the team's second successful defence, following its win in 2000.
In the wake of the pandemic, two trends have emerged in New Zealand's property and construction markets: a subdivision boom and a renovation wave. As favourable economic stimulus policies continue to be introduced, more investors with the means to do so are moving into land subdivision and development.
As the coronavirus pandemic has spread, Auckland's housing market has become increasingly surreal. Last month brought another rise in both sales volumes and prices across New Zealand. Auckland's sales volume grew 34.6% year on year, while house prices reached their highest February level in 14 years.
A recently published report from the US Tax Foundation, the “2020 International Tax Competitiveness Index”, shows that New Zealand ranked third globally in 2020, with an overall score of 82.4.
When a home must be sold at a forced auction, the auction is called a mortgagee sale. This is one type of sale commonly referred to in the Chinese community as a court-ordered property auction.