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Sales signal industrial sector rebound

27 Feb 2010: Recent sales of several substantial warehouse and factory premises in the Auckland industrial precincts of Penrose and Mt Wellington indicate that demand for industrial property is picking up. read more >>

First houses soon on old airbase

22 Feb 2010: Construction is about to start on the first 82 houses at Hobsonville Point's new Buckley precinct. read more >>

Govt predicts boom year for house builders

17 Feb 2010: Builders will put up 18,000 to 20,000 new houses this year, according to a forecast. read more >>

Falling NZ house sales may mean faltering recovery, say economists

17 Feb 2010: Falling New Zealand house sale volumes and prices in January may indicate a domestic economy that's struggling to maintain momentum, according to economists. read more >>

Weak sales signal hard year

14 Feb 2010: Two sections of prime beachfront land failed to sell at mortgagee auction this week - a sign of what one agent warned will not be an easy year. read more >>

Builders will fail to meet rising demand for houses: forecaster

9 Feb 2010: The arrival of about 45,000 immigrants here over the next three years will lift the house-building sector, says business forecaster BIS Shrapnel. read more >>

First housing sector growth since 2007, says new report

9 Feb 2010: New housing consents are leading an upward surge in the residential housing sector, which recorded its first growth since June 2007, says a leading industry analyst and economic forecaster. read more >>

House sales recovery held back by prospect of tax changes

8 Feb 2010: The usual January jump in property sales has not happened and potential tax changes could be to blame. read more >>

House sale price average down $47k in one month

5 Feb 2010: Auckland's average house sale price fell by $47,632 between December and January. read more >>

Barfoot’s average price down 8.6% in January from December

4 Feb 2010: Auckland’s largest real estate agency, Barfoot and Thompson, said its average sale price in January was NZ$505,301, down 8.6% from December, but up 0.5% from January 2009. Sales traditionally fell away over the holiday period to 583. This was down from 648 in December, but up 13.2% from a year ago, Barfoots said. (Update 1 includes full release.) read more >>

Property market 'sluggish'

2 Feb 2010: The NZ property market continues to be in a "dormant" phase, according to a monthly report from realestate.co.nz. read more >>

Homeowners face land tax of 0.5pc

1 Feb 2010: A proposed land tax will be the third tax burden on homeowners if the tax working group's recommendations are passed into law. read more >>


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