Real estate Stories - Page 39

Global Stories

Real estate stories

Video: 10 Minute IT Jams - An update from Orbital Insight

Orbital Insight is a geospatial analytics company, and Mike joins us today to tell us a little bit about the company's role in the APAC market and future plans.

By Mitchell Hageman • 5 min read • Fri, 3rd Jun 2022

Stories from Other Regions

Real estate stories

Supply Chain

Auckland house prices down on last year

The city was the only New Zealand region to post an annual fall, with sales also down 38.3% as buyers paused amid higher rates.

By Michael Curreen • 4 min read • Wed, 15th Jun 2022

Insurance

Widespread fall in house prices continue

Tighter, costlier credit is set to deepen New Zealand's housing downturn, with CoreLogic warning of more price falls and weaker sales.

By Michael Curreen • 6 min read • Wed, 1st Jun 2022

Bank of New Zealand

Higher OCR will keep pressure on housing market

Borrowers face higher mortgage costs and further house price weakness as the Reserve Bank signals the OCR may peak around 4% by mid-2023.

By Michael Curreen • 2 min read • Fri, 27th May 2022

Sustainability

How Australia’s new government plans to tackle its housing crisis

Industry groups say Labor’s policies could ease affordability pressures after its weekend win made housing reforms more likely.

By Michael Curreen • 1 min read • Wed, 25th May 2022

Property Market

Well-timed relief for first home buyers

Tighter lending and higher mortgage costs have pushed first home buyers to a seven-year low, even as government support rules are loosened.

By Michael Curreen • 8 min read • Sun, 22nd May 2022

Inflation

Where is property still booming?

West Coast and Canterbury are still posting strong gains, but a surge in listings and weaker demand is cooling prices nationwide.

By Michael Curreen • 11 min read • Thu, 12th May 2022

Auckland Council

Cities being pushed into intensification

Councils face tighter deadlines as new rules could bring taller housing to city centres and transit hubs, raising pressure on infrastructure.

By Staff Writer • 7 min read • Mon, 9th May 2022

Climate change

World’s tallest timber tower planned for Perth

A $350-million proposal could bring 245 apartments to South Perth if planners back the 50-storey hybrid project.

By Michael Curreen • 1 min read • Mon, 2nd May 2022

Housing

Auckland takes $1.4b slice of Government housing fund

The funding leaves Auckland’s housing shortage still acute, but will unlock build-ready land for up to 16,000 homes across five suburbs.

By Michael Curreen • 2 min read • Fri, 29th Apr 2022

Property Market

Are auctions losing their lustre?

Rising stock and tighter financing are cooling competition, with auction sales dropping sharply across New Zealand as buyers turn cautious.

By Michael Curreen • 2 min read • Wed, 20th Apr 2022

Supply Chain

Soaring inflation to stunt housing construction

Higher building costs and rates rises are set to force developers to shelve projects, threatening new home supply and affordability.

By Staff Writer • 2 min read • Tue, 12th Apr 2022

GFC

Regional differences showing as property market downturn sets in

Tighter credit and higher rates are leaving first home buyers more exposed, with some regions now showing early signs of vulnerability.

By Michael Curreen • 6 min read • Sun, 10th Apr 2022

Supply Chain

Covid-19 peaks but its influence will linger

Vacancy rates are easing, but the shift to prime offices and hybrid work will keep reshaping property demand well beyond 2022.

By Michael Curreen • 4 min read • Sun, 3rd Apr 2022

Risk & Compliance

Study explores climate change’s effects on property

Rising flood risk from climate change could erode home prices and threaten banking stability in New Zealand's coastal cities.

By Michael Curreen • 3 min read • Tue, 29th Mar 2022

Bank of New Zealand

Price falls starting to appear across some suburbs

Stretched affordability and higher mortgage rates are pushing median values down in 154 suburbs, with Auckland and Wellington among the weakest.

By Michael Curreen • 4 min read • Sun, 27th Mar 2022

Property Market

What have two years of Covid taught us about property?

Sharp falls never came, but tighter credit and rising mortgage rates now threaten to turn New Zealand's Covid-era property boom into a buyer's market.

By Michael Curreen • 5 min read • Thu, 24th Mar 2022