Farm Prices Steady but Sales Volumes Falling

Press Release – Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 70 fewer farm sales (-13.1%) for the three months ended February 2015 than for the three months ended February 2014. Overall, there were 464 farm sales in the three … Read more »

Augusta Syndicates Large Retail Centre

Press Release – Bayleys

A fully occupied freehold shopping centre with 31 tenancies and anchored by a Mitre 10 MEGA store on a new 13 year lease is the latest syndication offering to be launched on the market by Augusta Funds Management. Read more »

IMF says LVR limits work in boom times, not busts

Article – BusinessDesk

March 19 (BusinessDesk) – Restrictions on low-deposit home loans appear to have more effect in times of boom rather than bust, according to an International Monetary Fund working paper. Read more »

Operation Concord Media update, Thursday 19 March 2015

Press Release – Ministry For Primary Industries

The Ministry for Primary Industries (MPI) would like to thank New Zealanders for their continued vigilance in checking infant and other formula products they purchase for signs of suspected tampering. Read more »

$54M Southland dairy business on the market

Article – BusinessDesk

March 18 (BusinessDesk) – Kees Zeestraten, a dairy farmer who helped drive the push for intensive farming in Canterbury’s Mackenzie country, has put a Southland farming business up for sale with a price tag of $54 million, aiming to put the funds into … Read more »

Strong demand continues to drive rents

Press Release – Trade Me Property

The national median weekly rent continued to increase strongly in February landing at $410 per week, up 6.5 per cent compared with a year ago. This is just below last months all-time high of $420 per week. Read more »

Challenge to those responsible for the Christchurch recovery

Press Release – Empowered Christchurch

The Christchurch earthquake sequence is the most serious natural disaster ever to hit New Zealand. It is of critical importance to learn from this disaster and to look constructively at what has been done and the way in which the recovery has been … Read more »

Feedback sought on rating system & development contributions

Press Release – Horowhenua District Council

The rating system and development contributions are the two key issues in the Draft Long Term Plan 2015 – 2025 that Horowhenua District Council wants public feedback on. Read more »

More than 100 moved as sea laps coastal communities

Press Release – Gisborne Civil Defence

More than 100 people in total have now moved out of their homes at Te Araroa, Waima (Tokomaru Bay) and Anaura Bay as rain, high winds and large swells continue to affect the district. Read more »

Massey University selling Palmerston North Hokowhitu campus

Press Release – Bayleys

Massey University is selling off one of its two Manawatu campuses, Hokowhitu in Palmerston North. Read more »

Kauri Trees Highlight Urgent And Immediate RMA Action Needed

Press Release – Michael Tavares

With the Kauri and Rimu trees of Paturoa Road safe while negotiations take place, Michael Tavares and the Titirangi community have shown how powerful voices can be when they are united in their call for change. Read more »

Housing demand strong in the Coromandel

Press Release – Thames Coromandel District Council

Demand for housing is up in the Coromandel – as indicated by the record number of requests we’ve received for Land Information Memoranda (or LIMs) for the month of February. Read more »

Next Steps in Residential Zoning Chapter Considered

Press Release – Queenstown Lakes District Council

After lively discussions at drop-in sessions in Queenstown, Wanaka and Arrowtown, QLDC staff and councillors are considering the next steps in the approach to residential zoning in the district plan review. Read more »

Judgment: Quake Outcasts v CERA

Press Release – NZ Supreme Court

The majority judgment deals with four issues. The first concerns the Crown submission that it was merely providing information about the condition of land in certain areas in the June 2011 announcements. The majority of the Court has held that the Crown … Read more »

Statement on Supreme Court Decision

Press Release – Canterbury Earthquake Recovery Authority

The Supreme Court decision is being reviewed by the Canterbury Earthquake Recovery Authority. A more substantive statement will be made once the implications of the decision have been considered. Read more »

Council buy Titirangi land, home of precious Kauri trees

Press Release – New Economics Party

The architects who own the two Titirangi sections with the precious Kauri and Rimu trees on them should have their land bought by the Local Board and the rent should be reduced because of the restrictions they suffer in building, according to the … Read more »

Review agreed to improve future council consent process

Press Release – Auckland Council

Auckland Council committee members met today to discuss the kauri tree in Titirangi and a proposal for Aucklands membership to the C40 Cities Climate Change Group. The committee also received reports on the Costs of Residential Servicing Study and … Read more »

Government vetoes Labour’s call for trees inquiry

Press Release – New Zealand Labour Party

National Party members today rejected a petition by Labours MP for New Lynn David Cunliffe for an urgent Parliamentary inquiry into the proposed felling of an ancient Kauri tree in Titirangi. Read more »

Sales Volume Surge in February Real Estate Market

Press Release – Real Estate Institute Of New Zealand

6,898 dwellings sold in February 2015, up 12.6% on February 2014 and up 42.5% on January National median price of $430,000, up $15,000 on February 2014 and up $4,000 on January A rise of 3.6% in the national median price in the 12 months … Read more »

NZ house prices rise 3.6% in February

Article – BusinessDesk

NZ house prices rise 3.6% in February, led by a 14% jump in Auckland prices Read more »

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