Chief Executive Officer appointment

Press Release – Barfoot and Thompson

Barfoot & Thompson is pleased to announce the appointment of Chris Dobbie to the role of Chief Executive Officer. Chris stepped into the role officially on Monday 19 February. First joining the company 24 years ago, Chris was previously the Chief … Read more »

Number of million-dollar plus properties sold decreases

Press Release – REINZ

The number of properties sold around the country for more than a million dollars during 2017 decreased by 13.8% when compared to 2016 (10,027 down from 11,639). Read more »

A Steady Opening to the New Year

Press Release – Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 125 fewer farm sales (-24.0%) for the three months ended January 2018 than for the three months ended January 2017. Overall, there were 396 farm sales in the three … Read more »

NZ’s housing-related imbalances set to peak in 2018

Article – BusinessDesk

Feb. 20 (BusinessDesk) – Housing-related imbalances in New Zealand look set to peak and even begin to unwind in 2018 as headwinds abate and new government policies take shape, according to S&P Global Ratings. Read more »

Royalty-hosting luxury lodge placed on the market for sale

Press Release – Bayleys

The land, buildings and business encompassing one of the North Islands most exclusive luxury lodges which once hosted the Queen Mother during a royal tour of New Zealand – have been placed on the market for sale. Read more »

REINZ calls for clear guidelines for agents around changes

Press Release – REINZ

Following the announcement from the Revenue Minister, Stuart Nash, that has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament the Real … Read more »

Time to further soften LVRs, says realty head

Press Release – Century 21 Real Estate

Its time for the Reserve Bank to look at further softening its loan-to-value ratios, particularly for Auckland first-home buyers, says Geoff Barnett, National Manager of Century 21 New Zealand. Read more »

Century 21 announces Home Loans General Manager

Press Release – Century 21 Real Estate

Julius Capilitan has been appointed General Manager of Home Loans for Century 21 New Zealand. Mr Capilitan brings considerable retail and business banking experience including residential and commercial lending, insurance, and investments. He has … Read more »

Selwyn Oaks opening of $14 million Lees Centre

Press Release – Selwyn Foundation

Selwyn Oaks to offer new participatory style of residential aged care with opening of $14 million Lees Centre A new $14 million development offering residential aged care and retirement village amenities is to be opened by The Selwyn Foundation at … Read more »

NZ house sales rise in January for first time in seven mths

Article – BusinessDesk

Feb. 15 (BusinessDesk) – The number of property sales across New Zealand rose in January for the first time in seven months but people are taking more time to purchase, according to the Real Estate Institute. Read more »

Tax changes dampen property speculation

Press Release – New Zealand Government

Hon Stuart Nash Minister of Revenue MEDIA STATEMENT Revenue Minister Stuart Nash has confirmed the bright-line test on residential property sales will be extended from two years to five years in legislation currently making its way through Parliament. … Read more »

REINZ: Year-on-year sales lift for first time in 7 months

Press Release – REINZ

Record breaking heat sees year-on-year sales volumes lift for first time in 7 months, says REINZ Read more »

Pacific Property uses scale to acquire new warehouse

Press Release – Property Managers Group

AUCKLAND, February 14 – Today Property Managers Groups (PMG) diversified fund, Pacific Property Fund Limited (Pacific Property), announced it has acquired a large industrial warehouse in Tauriko in Tauranga taking the total number of properties … Read more »

“Wynyard hybrid” proposal a viable option for cup venue

Press Release – Auckland Council

New deal makes Wynyard hybrid proposal a viable option for Americas Cup The Government and Auckland Council welcome a new deal to free up land on Wynyard Point. This now opens up the possibility of a new Wynyard hybrid option that will … Read more »

New website will help protect home buyers and sellers

Press Release – New Zealand Government

Hon Aupito William Sio Associate Minister of Justice 14 February 2018 MEDIA STATEMENT New website will help protect home buyers and sellers Associate Justice Minister Hon Aupito William Sio today launched a new website Settled.govt.nz for people selling … Read more »

Help at Hand for Overwhelmed Home Buyers And Sellers

Press Release – Real Estate Authority

Help at Hand for Overwhelmed Home Buyers And Sellers More than 50 per cent of New Zealanders say they lack the knowledge and information they need when trying to buy and sell property. Research from the Real Estate Authority (REA), which works to … Read more »

Coastal hazard maps – planning to withstand the test of time

Press Release – Northland Regional Council

New coastal hazard maps identifying land potentially at risk of flooding from storm surge and long-term erosion by the sea have been released by the Northland Regional Council. The councils chairman Bill Shepherd says the new maps come after the … Read more »

First meeting looks at urban design and congestion

Press Release – Auckland Council

The Planning Committee met today for its first meeting of 2018 to consider updates on quality urban design across Auckland and the Auckland Smarter Transport Pricing project. Read more »

New Name for New Zealand’s Real Estate Industry Regulator

Press Release – Real Estate Authority

New Zealands real estate industry regulator is changing its operating name to the Real Estate Authority (REA). Read more »

NZCEH Response to the Housing Report

Press Release – NZCEH

A recent report released by Housing spokesperson Phil Twyford on Monday morning, confirms what many academics, researchers and those working on the front line of homelessness have been saying for decades: Homelessness is inexcusable and untenable … Read more »

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