Real Estate

  • Auckland property listing prices fall NZ Newswire - Sat, Aug 1, 2015 10:48 AM NZST

    There's been a blip lower in the listing prices of Auckland property and realestate.co.nz can't find any evidence of foreign buyers driving the market.

  • Ngai Tahu Property boss is leaving NZ Newswire - Fri, Jul 31, 2015 3:41 PM NZST

    South Island iwi Ngai Tahu are looking for a new boss of their significant property holdings as Tony Sewell is leaving.

  • Building boom shifts to Auckland NZ Newswire - Thu, Jul 30, 2015 12:38 PM NZST

    Canterbury's home rebuild is tapering off and activity is shifting to Auckland, the government expects the trend to continue for the next two years.

  • 'UBuilding boom tipped for next six years NZ Newswire - Wed, Jul 29, 2015 5:20 PM NZST

    A new report is tipping a building boom over the coming six years with it peaking at $36.5 billion next year.

  • Housing costs driving inflation - CTU Fuseworks - Thu, Jul 16, 2015 1:20 PM NZST

    "The annual increase in the consumer price index (CPI) would have been negative 0.4 percent instead of going up 0.3 percent if it hadn’t been for the 2.5 percent increase in housing, energy and property costs," says CTU Economist Bill Rosenberg. Housing costs went up 3.4 percent in Auckland and 3.0 percent in Canterbury during the year.

  • Safety rules add to housing cost: report NZ Newswire - Thu, Jul 16, 2015 4:02 AM NZST

    Unnecessary safety standards are costing homeowners an extra $100 million each year, says a market-orientated think tank.

  • Goodman Property to build $27m coolstore NZ Newswire - Wed, Jul 15, 2015 10:20 AM NZST

    Property development firm Goodman Property Trust will build a $27 million coolstore at a business park site in Auckland.

  • Auckland house prices up 26% over year NZ Newswire - Mon, Jul 13, 2015 12:02 PM NZST

    While Auckland's median house price has rocketed to $755,000 over the past year, the median price for the rest of the country is steady at $340,000.

  • Auckland property boom spreads wider NZ Newswire - Thu, Jul 2, 2015 12:46 PM NZST

    National property values have accelerated 9.3 per cent over the past year to an average $520,585, with Aucklanders casting their net wider for a house.

  • DNZ sells Albany office block for $15.2m NZ Newswire - Wed, Jul 1, 2015 11:57 AM NZST

    Sale of an office block in Auckland's Albany for $15.2 million will take DNZ's asset sales programme to $46.7m.

  • Canterbury building consents decline NZ Newswire - Tue, Jun 30, 2015 12:52 PM NZST

    Canterbury dwelling consents more than tripled between 2011 and 2014, but have been decreasing since then, says Statistics New Zealand.

  • NZ developer to expand Melbourne hospital NZ Newswire - Thu, Jun 25, 2015 4:33 PM NZST

    Auckland-based property trust Vital Healthcare has announced an expansion to its Melbourne private hospital and a land purchase in Newcastle.

  • Ngai Tahu to expand into Auckland market NZ Newswire - Thu, Jun 11, 2015 4:02 PM NZST

    South Island iwi Ngai Tahu is to expand into the Auckland property market, having head-hunted Eden Park Trust board boss David Kennedy.

  • Property investors looking beyond Auckland NZ Newswire - Thu, Jun 11, 2015 12:27 PM NZST

    Auckland is still driving national property prices higher but the Real Estate Institute reports investors are looking elsewhere ahead of new restrictions.

  • NZ house price growth to slow: RBNZ NZ Newswire - Thu, Jun 11, 2015 9:48 AM NZST

    The Reserve Bank says house price growth will slow down in the coming years as construction kicks in and measures take effect.

  • NZ property values accelerate higher NZ Newswire - Tue, Jun 9, 2015 12:23 PM NZST

    National property values have risen nine per cent in the past 12 months, while Auckland values have jumped 16.1 per cent, according to Quotable Value.

  • Goodman Property expands development plans NZ Newswire - Mon, Jun 8, 2015 10:02 AM NZST

    Goodman Property Trust announces four new projects worth almost $46m at its business parks.

  • DNZ buys Newmarket building for $17m NZ Newswire - Fri, Jun 5, 2015 9:26 AM NZST

    Heartland House in Newmarket has been bought by DNZ Property Fund for $17 million.

  • Demand for homes keeps builders busy NZ Newswire - Thu, Jun 4, 2015 11:45 AM NZST

    Residential building work expanded 2.6 per cent in the first quarter, offsetting a 1.2 per cent decline in non-residential work.

  • Auckland house prices hit new record NZ Newswire - Thu, Jun 4, 2015 10:43 AM NZST

    Moves to quell the Auckland housing market appear to have had little immediate impact with average house prices hitting a new record in May.

  • Banks at risk from Auckland downturn: RBNZ NZ Newswire - Wed, Jun 3, 2015 3:57 PM NZST

    New Reserve Bank measures are expected to cut Auckland house sales by eight per cent in the first year, and reduce price growth by two-four per cent.

  • Precinct sells Wellington CBD building NZ Newswire - Tue, Jun 2, 2015 11:13 AM NZST

    Precinct Properties will use the proceeds from its sale of 80 The Terrace to repay bank debt.

  • How much you need to make per hour to afford a rental in the U.S. Yahoo Finance - Sat, May 30, 2015 2:26 AM NZST
    How much you need to make per hour to afford a rental in the U.S.

    Out of Reach, a report bythe National Low-Income Housing Coalition, found how much Americans need to earn to really afford to live in the U.S.

  • House consents fall, apartments rise NZ Newswire - Fri, May 29, 2015 12:09 PM NZST

    Apartment building consents are at a seven-year high, surging 106 per cent to 467 in April, with almost all of the apartments in Auckland.

  • Argosy profit drops 25 per cent NZ Newswire - Thu, May 28, 2015 11:25 AM NZST

    Acquistions have helped Argosy Property lift rental income but a tax bill, higher interest payments and a loss on derivatives impacted its bottom line.

  • Convention centre plans `spectacular': Key NZ Newswire - Tue, May 26, 2015 3:24 PM NZST
    Convention centre plans `spectacular': Key

    Far from being an eyesore, the SkyCity convention centre is going to be a spectacular building that's great for Auckland, John Key says.

  • SkyCity's convention centre talking points NZ Newswire - Tue, May 26, 2015 2:03 PM NZST

    What people are saying about the newly-unveiled designs for Auckland's much-delayed international convention centre.

  • SkyCity's convention centre - a timeline NZ Newswire - Tue, May 26, 2015 11:06 AM NZST

    SkyCity's convention centre has been a long time coming - and hasn't been without controversy.

  • NPT posts 16% drop in annual profit NZ Newswire - Mon, May 25, 2015 2:35 PM NZST

    Property investor NPT has reported a 16 per cent lower net profit a 16 per cent higher trading profit.

  • Goodman Property lifts annual earnings NZ Newswire - Wed, May 20, 2015 9:58 AM NZST

    Annual earnings for Goodman Property Trust rise by $5m on the back of higher rents and a reduction in costs.

  • Dorchester Property sells Goldridge resort NZ Newswire - Mon, May 18, 2015 3:02 PM NZST

    The sale of Goldridge Resort Queenstown leaves Dorchester Property Trust with Christchurch apartments and a Gisborne hotel as its remaining properties.

  • Auckland housing market `like a buffet' NZ Newswire - Thu, May 14, 2015 12:46 PM NZST

    Foreign speculators are treating Auckland's housing market like a restaurant buffet and the government refuses to do anything about it, the Greens say.

  • Trading in Dorchester units halted NZ Newswire - Thu, May 14, 2015 12:23 PM NZST

    Dorchester Property Trust says a trading halt on its units, which are listed on the Unlisted platform, has been put in place pending a property sale.

  • Retirement accommodation 'distinctive' NZ Newswire - Thu, May 14, 2015 4:03 AM NZST

    An institution that has missed out on the Auckland property boom thinks retirement accommodation is just as distinctive an investment as Auckland.

  • Dorchester investor wants new manager NZ Newswire - Wed, May 13, 2015 12:29 PM NZST

    LET Securities is seeking enough votes at a special meeting to be appointed as the manager of Dorchester Property Trust.

  • New rules for Auckland property investors NZ Newswire - Wed, May 13, 2015 9:39 AM NZST

    Property investors in Auckland will have to have a deposit of 30 per cent in future under new rules being brought in by the RBNZ.

  • No change in median Auckland house NZ Newswire - Tue, May 12, 2015 3:50 PM NZST

    The median price of an Auckland house has risen nearly 18 per cent in the past year, although it hasn't changed over the past month.

  • Kiwis more downbeat about buying a house NZ Newswire - Tue, May 12, 2015 5:04 AM NZST

    The ASB's latest housing confidence survey shows more New Zealanders think now is a bad time to buy a house.

  • Buyers wait overnight to acquire sites NZ Newswire - Sat, May 9, 2015 10:10 AM NZST
    Buyers wait overnight to acquire sites

    People slept in cars overnight to buy sections in a new subdivision in Auckland and there was far more demand than supply.

  • Faulty concrete in biggest road project NZ Newswire - Wed, May 6, 2015 6:04 AM NZST

    The New Zealand Transport Agency says its Waterview Connection project has used sub-standard concrete.

  • Auckland house prices continue to climb NZ Newswire - Tue, May 5, 2015 10:49 AM NZST

    Auckland's largest realtor says the average house sale price in the city has hit a record $804,000.

  • Victoria St West debts being worked out NZ Newswire - Mon, May 4, 2015 1:00 PM NZST

    Victoria Street West's liquidators say unsecured creditors may be able to recoup $1.4 million.

  • Chinese company to quit Gulf Harbour stake NZ Newswire - Mon, May 4, 2015 10:57 AM NZST

    A Chinese company which took a stake in a massive commercial and residential development at Gulf Harbour has agreed to sell it

  • Auckland boom accelerates property values NZ Newswire - Fri, May 1, 2015 12:16 PM NZST

    National property values have risen 8.3 per cent in the past 12 months, led by a 14.6 per cent rise in Auckland, QV says.

  • Big win for owners of leaky apartments NZ Newswire - Thu, Apr 30, 2015 5:50 PM NZST

    Owners of a leaky apartment building in Auckland's Orewa have won their $25m case for repair, with Auckland Council ordered to pay.

  • Building consents back on the rise NZ Newswire - Thu, Apr 30, 2015 11:25 AM NZST

    Increased intentions to build townhouses, units and retirement villages have driven up the issuance of building consents.

  • Housing affordability woes revealed NZ Newswire - Wed, Apr 22, 2015 12:10 PM NZST

    Massey University's latest Home Affordability Report reveals the gap between Auckland and the rest of the country is at a 25-year high.

  • Vital leases Gold Coast hospital NZ Newswire - Wed, Apr 22, 2015 11:26 AM NZST

    Allamanda Private Hospital on the Gold Coast has been leased by Vital Healthcare Property Trust to Ramsay Health Care.

  • RBNZ eyes property investors' tax status NZ Newswire - Wed, Apr 15, 2015 1:49 PM NZST

    Housing market imbalances "are presenting an increasing risk to financial and economic stability" in New Zealand, says the Reserve Bank's deputy governor.

  • Action needed to reduce housing imbalances - Reserve Bank Fuseworks - Wed, Apr 15, 2015 12:32 PM NZST

    The Reserve Bank today urged greater attention be given to reducing housing market imbalances that are presenting an increasing risk to financial and economic stability. In a speech to the Rotorua Chamber of Commerce, Reserve Bank Deputy Governor Grant Spencer said that: "Irrespective of the mix of demand and supply-based factors, the longer the excess demand persists, the further prices will depart from their underlying fundamental determinants, and the greater the potential for a disruptive correction. "Since late 2014, housing market imbalances have become more accentuated, particularly in Auckland where the supply shortage is greatest, and house prices are particularly stretched, having increased by three times since the start of 2002. Mr Spencer said that a downward correction in house prices in New Zealand could be prompted by a range of potential shocks, such as rising global interest rates, or a downturn in the global economy and financial markets.

  • NZ house prices rise eight per cent NZ Newswire - Tue, Apr 14, 2015 11:06 AM NZST

    The increase in New Zealand's median house price is "almost entirely an Auckland effect", says REINZ chief executive Colleen Milne.

  • Hart may float 70% of Carter Holt: reports NZ Newswire - Tue, Apr 7, 2015 4:24 PM NZST

    New Zealand's richest man Graeme Hart is reportedly considering selling 70 per cent of Carter Holt in an initial public offering.

  • NZ property values rise 7.7% over year NZ Newswire - Wed, Apr 1, 2015 12:32 PM NZDT

    The Reserve Bank could tighen rules on borrowing for property investment as early as July 1, says state-owned valuer Quotable Value.

  • Building consents fall for a third month NZ Newswire - Tue, Mar 31, 2015 12:08 PM NZDT

    New home building is showing signs of slowing after almost four years of growth, says Statistics New Zealand.

  • RealMassive Launches St. Louis; Announces Its Real-Time Commercial Real Estate Service Will Go Live in … Marketwired - Thu, Mar 26, 2015 10:06 AM NZDT
    RealMassive Launches St. Louis; Announces Its Real-Time Commercial Real Estate Service Will Go Live in …

    RealMassive, the first data provider to deliver open access to the commercial real estate industry, today announces the launch of the St. Louis marketplace.

  • Resource Real Estate Investors 7, L.P. Earns an Average Annual Return of 17.7 Percent on Successful Property … Business Wire - Thu, Mar 26, 2015 9:18 AM NZDT

    Resource Real Estate Investors 7, L.P. , a private limited partnership sponsored by Resource Real Estate, Inc. , today announces the su

  • Home appraisal comes in below your sales price, now what? AP - Thu, Mar 26, 2015 8:41 AM NZDT

    Housing market trends bode well for sellers this spring, but some may encounter hurdles even after they land a buyer. Rising home values and a lack of inventory in many markets could set them up to receive ...

  • HOMES2MOVEYOU - Is Moving Oakland County Real Estate Technology PR Newswire - Thu, Mar 26, 2015 5:11 AM NZDT

    FARMINGTON HILLS, Mich., March 25, 2015 /PRNewswire/ -- Residences living in Oakland County, Michigan now have a solution for various real estate inquiries and needs. Tom Gilliam, RE/MAX Realtor and his HOMES2MOVEYOU.COM web site offers its expertise to be a one stop resource for people who live or who wish to live in Farmington Hills, Troy, Bloomfield Hills, Ferndale, Royal Oak, Northville, Novi and Metro Detroit area. Through the years, Gilliam has given clients and businesses the real estate representation they truly deserve.

  • Prudential Mortgage Capital Company provides $118.5 million to finance four west coast shopping cent … Business Wire - Thu, Mar 26, 2015 5:00 AM NZDT

    Prudential Mortgage Capital Company provided $118.5 million in financing to Donahue Schriber Realty Group toward its purchase of four grocery-anchored shopping centers in California and Washington, the company announced today.

  • Waterton Associates Purchases Promenade Crossing in Orlando, Fla. Business Wire - Thu, Mar 26, 2015 3:46 AM NZDT

    Waterton Associates LLC, a U.S. real estate investor and operator, today announced the acquisition of Promenade Crossing, a 212-unit garden-style apartment community located approx

  • Irish property prices fall for second successive month Reuters - Thu, Mar 26, 2015 2:02 AM NZDT

    Irish residential property prices fell for the second successive month in February, dropping 0.4 percent to slow a recovery from a real estate crash. Property prices have rebounded sharply - as much as 14.9 percent - after being cut in half by the bursting of a bubble in 2008. They were the fastest growing in the European Union in the 12 months to end-September 2014, according to the EU's statistics office. The month-on-month drop last month followed the first contraction for 10 months in January, with property prices in Dublin, which led the recovery, falling by 0.7 percent in February to stand 21.4 percent up on a year earlier.

  • 4 Tips for Apartment Hunting in Los Angeles US News - Thu, Mar 26, 2015 2:00 AM NZDT

    Los Angeles is a sprawling city full of diverse topography, nearly perfect year-round weather and distinct neighborhoods. Whether you prefer the glitz and glam of Beverly Hills or the laid back vibe of Venice, nearly every LA neighborhood has something special to offer its residents. While Santa Monica is beautiful and one of the more walkable areas in Los Angeles, it's also less affordable than nearby Mar Vista. Your rent should be no more than roughly 30 percent of that income, which can be challenging in an expensive city like Los Angeles.

  • Strong Sales Drive Home Prices Higher, Inventory Lower During February PR Newswire - Thu, Mar 26, 2015 1:59 AM NZDT

    BOSTON, March 25, 2015 /PRNewswire/ -- Buyer demand in the local housing market remained historically strong in February as low mortgage rates, less stringent credit standards, and gains in both the labor and stock markets spurred activity during the early winter and holiday period, according to data issued by the Greater Boston Association of REALTORS® (GBAR). The shortage of listings has put upward pressure on prices.  The median selling price for single-family homes increased on an annual basis by 7.9 percent, from $407,450 in February 2014 to $439,500 this February, a new record high price for the month.  The median selling price for condominiums also hit a new record high for the month of February, rising 3.5 percent over the past year from $390,000 last February to $403,568 in February 2015.  Notably, the median selling price for single-family homes has now risen in 28 of the past 29 months, and improved in 23 of the last 24 months for condos.

  • Hemfosa Fastigheter AB: Hemfosa signs leases with new tenants in Mölndal, Uppsala and Köping Business Wire - Wed, Mar 25, 2015 7:42 PM NZDT

    Regulatory News:

  • Feb. Sales Of New Homes Hit 7-Yr. High Investor's Business Daily - Wed, Mar 25, 2015 10:12 AM NZDT

    New-home sales rose to a seven-year high in February, the Commerce Department said Tuesday, defying forecasts for a drop amid harsh winter weather. The news boosted shares of homebuilders such as Toll ...

  • Brian Fielding Presents Tips for Maintaining Commercial Real Estate Properties PR Newswire - Wed, Mar 25, 2015 10:07 AM NZDT

    LOS ANGELES, March 24, 2015 /PRNewswire-iReach/ -- As commercial real estate owners look at the coming year, they want to make sure that it is one that is prosperous. To help these investors, especially those who are facing their first year as commercial real estate owners, Brian Fielding offers some suggestions for how these owners can maintain their properties. Take note of key dates: There are many deadlines and key dates that the owner of a piece of commercial real estate must keep track of. When an owner of a piece of commercial real estate is not the tenant, and thus cannot track their usage through their utility bills, they must find other ways of keeping track of this usage.

  • Growing Economy Sees Real Estate Investment Spring To Life PR Newswire - Wed, Mar 25, 2015 9:13 AM NZDT

    DALLAS, March 24, 2015 /PRNewswire/ -- The nation's economy is growing at its fastest rate since 2000, which spells great news for residential property investors for the year ahead. The latest data from HomeVestors (the "We Buy Ugly Houses®" people) and Local Market Monitor, the national real estate forecaster, shows excellent conditions from coast to coast, whether the property is for rental or resale. "The Top 10 markets for real estate investment all have a common thread: a fast growing economy, which means more jobs and more renters," said Ingo Winzer, president and founder of Local Market Monitor. Topping the Best Markets list once again are Texas cities: Houston (1), Austin (2) and Dallas (3), with Denver (4) and Orlando (5) rounding out the top 5, all which have seen substantial job and population growth.

  • Existing Home Sales Face 2 Major Headwinds in the US Market Realist - Wed, Mar 25, 2015 9:04 AM NZDT

    In the US, the National Association of Realtors released its existing home sales figures for February. There was some good news for the housing sector.

  • The Picerne Group, Rockwood Capital and The Muller Company to Build Luxurious 260-Unit Apartment Community … Marketwired - Wed, Mar 25, 2015 8:00 AM NZDT

    The Picerne Group, in collaboration with Rockwood Capital and The Muller Company, have formed a joint venture on a 2.76-acre site to build ELEVEN10 West, a 260-unit multifamily rental community one-block ...

  • How to Avoid a Real Estate Scam US News - Wed, Mar 25, 2015 6:52 AM NZDT

    You'd be foolish to think you couldn't be fooled in a real estate transaction. While the majority of sellers, buyers and renters are presumably honest, there can be additional players with skin in the game, from landlords and real estate agents to title agency workers and bankers. As Sacramento real estate broker Alexis Moore observes: "The crooks don't always have on orange jump suits. Joe Rand, managing partner for Better Homes and Gardens Rand Realty, which sells and rents home in New York and New Jersey, says that about once a week, he hears of a renter who saw a house but didn't actually go inside.

QUOTES

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    0.90250.000.00%
    NZDAUD=X
    0.65940.000.00%
    NZDUSD=X
    0.42210.000.00%
    NZDGBP=X
    81.71290.000.00%
    NZDJPY=X

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    2.96+0.03+0.85%
    SPK.NZ
    2.25+0.07+2.97%
    MEL.NZ
    1.380.00+0.36%
    KPG.NZ
    1.270.000.00%
    GMT.NZ
    1.76+0.01+0.57%
    IQE.NZ
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    2.01+0.11+5.79%
    SCL.NZ
    3.20+0.15+4.92%
    BFW.NZ
    4.43+0.19+4.48%
    WIA020.NZ
    0.29+0.01+3.57%
    TNR.NZ
    3.00+0.10+3.45%
    MMH.NZ
  • % Losers
    % Losers
    NamePriceChange% Chg
    2.68-0.47-14.92%
    OGC.NZ
    0.12-0.02-14.29%
    CGF.NZ
    0.51-0.03-5.56%
    SCY.NZ
    0.46-0.02-4.17%
    CAV.NZ
    1.45-0.05-3.33%
    SCT.NZ