News articles

House building climbs by 23 per cent

31 Oct 2009: House building is on the rise but commercial work has fallen back. read more >>

Average Wellington house price falls

29 Oct 2009: read more >>

OCR stays steady, no change till late 2010

29 Oct 2009: Interest rates have been left on hold by the Reserve Bank this morning. read more >>

Housing market shows upturn

21 Oct 2009: An indicator of the housing market firmed in September, led by Wellington and Auckland. read more >>

Strong buyer demand for dairy farms in September

15 Oct 2009: There was "strong demand" for dairy farms in September as milk powder prices rose again over the month, Real Estate Institute of New Zealand (REINZ) President Peter McDonald said today. read more >>

Property sales jump 10pc in September

14 Oct 2009: The first month of the 'spring selling season' saw the the number of houses sold jump 10 per cent from the month before, while the national median house sale price was steady, rising 0.9 per cent. read more >>

House prices creeping up

13 Oct 2009: New Zealand house prices recovered last month to be close to levels of a year ago, supporting views the economy has emerged from its longest recession in more than 30 years, Reuters reported today. read more >>

Seaside dream is in reach

11 Oct 2009: The Kiwi bach is affordable again. Eighty minutes north of Auckland, Mangawhai offers an amazing beach and harbour, plus the chance to buy land for $80,000 that is "either a 10-minute walk or two-minute drive to the beach, put a little bach on and be in with all your services for $250,000", says Bayley's Mark Macky. read more >>

As confidence returns, so will the tenants

10 Oct 2009: Development activity in the Auckland industrial market is at its lowest level for years, but some increase in tenant demand is expected as the economy works its way out of recession, says Bayleys Research in its latest overview of the market. read more >>

Kiwibank raises mortgage rates

9 Oct 2009: Kiwibank has increased many of its fixed home mortgage rates. read more >>

Homes more affordable as interest rates fall

7 Oct 2009: Homes became more affordable in the three months to August 31 mostly because of low interest rates, according to the Massey University Home Affordability report. read more >>

Listings rise and prices fall

6 Oct 2009: The Auckland housing market is "settling down", with real estate company Barfoot & Thompson reporting a rise in listings and a fall in prices last month compared to August. read more >>

Housing market tipped to flatten before Christmas

6 Oct 2009: ANZ economists are expecting the housing market to flatten as Christmas approaches, rather than go higher, as credit growth remains weak. read more >>

Spring rise for Auckland house sales continues

5 Oct 2009: Auckland's property market is continuing its traditional spring bounce, according to new numbers from Barfoot & Thompson, the region's largest real estate firm. read more >>

September rise in house prices, new listings

2 Oct 2009: A shortage of properties listed for sale, which was thought to have been a factor in rising prices, looks to have eased last month. read more >>

Asking prices rise as property listings increase

2 Oct 2009: Year-on-year property listings grew for the first time this year and asking-price expectations have also risen slightly, suggesting the housing market is showing signs of recovery, says property website realestate.co.nz. read more >>