Property

Property investors‘ tax change to start next week

New interest deductability rules affecting property investors will come into effect from Friday week, despite full details not yet being announced and Opposition... Read More

Industrial driver to Golden Triangle growth

The 'Golden Triangle” regions of Auckland, Waikato, and Bay of Plenty continue to dominate property development activity in New Zealand, accounting for close... Read More

First home values higher than national average

It's been another winter of discontent for first-home buyers with entry-level house prices rising at their fastest rate in five years. The latest QV Quartile... Read More

A tricky trade up

What do a paper clip and the tasty treat Pods have in common? Both are being used as a trading tool to get a house. Michael Gibbon is using a packet of Snickers-flavoured... Read More

Whakatāne school arsonist arrested

Eastern Bay of Plenty Detectives have today arrested a man in relation to the arson of Apanui Primary School in Whakatāne. The fire occurred in the early hours... Read More

Confidence remains in property prices - REINZ

Median prices for residential property across New Zealand increased by 25.5 per cent from $677,400 in August 2020 to a record $850,000 in August 2021. This is... Read More

Construction job numbers on the rise

There has been an increase in filled jobs during the last quarter in the construction industry as well as related industries like architectural... Read More

Church experiences Pentecostal-style wind

A strong wind swirling through central Thames early Saturday morning has torn roofing iron off the local Baptist church. Pastor Chris Lee was at home when the fire... Read More

Rotorua Lakes Council‘s $113m bid for housing

Rotorua Lakes Council hopes to secure more than $113 million in government funding for infrastructure developments to enable the construction of 5000 new homes... Read More

The least affordable city in New Zealand

Tauranga remains the least affordable place to live in New Zealand, according to the latest data from CoreLogic. The lack of affordability in the region reflects... Read More

Building activity rises again in June quarter

The volume of building activity in New Zealand rose 2.0 per cent in the June 21 quarter, compared with the March 2021 quarter, Stats NZ says this week. 'The... Read More

House values pricing out property owners

Three out of five property owners could not afford to buy their home at its current value, according to the latest survey from Consumer NZ. Consumer NZ's Sentiment... Read More