RMA needs reform to ease urban development: Smith

Article – BusinessDesk

Oct. 15 (BusinessDesk) – Newly appointed Environment Minister Nick Smith has announced Resource Management Act reform to foster urban development, where high land prices and expensive resource consents are blocking efforts to provide affordable housing. Read more »

Tall Poppy Appoint Sam Mcintyre As General Manager, Wgtn

Press Release – Tall Poppy Real Estate

Tall Poppy, the real estate company which brought down the cost of selling homes, today announced that it has appointed Sam McIntyre as General Manager, Wellington. Sam joined Tall Poppy in December 2012 and is the companys licensee for the territory … Read more »

Boutique South Island ski field business for sale

Press Release – Bayleys

The business operating Mt Dobson, one of the South Islands premier ski fields has been placed on the market for sale. Read more »

Interest bubbles in spa lodge and land sale

Press Release – Bayleys

A boutique lodge with private geothermal spas, and an adjoining section of land north of Auckland in an area that caters to a flourishing domestic tourism sector has been placed on the market for sale. Read more »

Argosy lifts value of property portfolio by 2.1% in 1st half

Article – BusinessDesk

Oct. 15 (BusinessDesk) – Argosy Property, New Zealand’s fourth-largest listed property investor by market capitalisation, said the value of its portfolio rose by 2.1 percent in the first half. Read more »

Argosy lifts value of property portfolio by 2.1% in 1st half

Article – BusinessDesk

Oct. 15 (BusinessDesk) – Argosy Property, New Zealand’s fourth-largest listed property investor by market capitalisation, said the value of its portfolio rose by 2.1 percent in the first half. Read more »

National Property Market Analysis

Press Release – Harcourts

Auckland and Christchurch have recovered from the winter lull that is traditional in real estate, with written sales up and average prices continuing to increase. Read more »

Housing affordability worsens, says Massey index

Article – BusinessDesk

Oct. 14 (BusinessDesk) – New Zealand housing is becoming less affordable as rising wages are not enough to offset climbing house prices and interest rates, says Massey University’s latest quarterly Home Affordability Report. Read more »

Harcourts Midweek Day-Time Auctions Do Work

Press Release – Harcourts

Midweek, daytime auctions are just as effective as those held in the weekend a fact proven by two recent and highly successful sales. The Harcourts Queensland auction team sold a Nudgee property for $275,000 above the reserve price and a Hawthorne … Read more »

Uplift in Hamilton housing market

Press Release – Lodge Real Estate

Hamilton, New Zealand Lodge Real Estates managing director, Jeremy ORourke, said today there was a marked uplift in the Hamilton housing market between August and September 2014, with a notably buoyant supply and demand for high-end properties. Read more »

Sierra Terraces Homes Selling Fast

Press Release – Jalcon Homes

Jalcon Homes says that the sale of a third of its Sierra Terraces homes within the first two weeks of being on the market demonstrates strong demand for high quality, design-led homes in the popular Hobsonville Point community. Read more »

Many and varied proposals received for Town Basin site

Press Release – Whangarei District Council

Whangarei Mayor, Sheryl Mai, congratulates the community-minded people of Whangarei for their contributions to the future of the old NRC building and site. Read more »

Canterbury Landmark to be sold at auction

Press Release – Mike Pero Real Estate

Historic Governors Bay estate Taunton Gardens is to be sold under the hammer on October 18. Read more »

Kiwi Income Property reshuffles executive positions

Article – BusinessDesk

Oct. 13 (BusinessDesk) – Kiwi Income Property Trust, the country’s second largest property trust by market capitalisation, has appointed Gavin Parker as chief operating officer, while Stuart Tabuteau will become chief financial officer. Read more »

REINZ Residential Market Reports for September

Press Release – REINZ

- 5,911 dwellings sold in September 2014, up 7.8% on August and down 12.0% on September 2013 – National median price of $420,000, the same as August and up $20,000 (+5.0%) on September 2013 – Days to sell improved by three days to 35 days compared to August, … Read more »

NZ house sales fall for 11th month in September

Article – BusinessDesk

Oct. 13 (BusinessDesk) – New Zealand house sales fell for the 11th month in September as fewer properties were put up for sale in the lead-up to the general election and mortgage loan restrictions reduced activity at the lower end of the market. Read more »

Substantial Real Estate Fee Savings in Auckland

Press Release – Domett Real Estate

As the busiest time of the year for new residential listings approach, an Auckland based Real Estate Agency has listened to the frustration of sellers facing extremely high real estate fees and have introduced substantially reduced fees for their Clients. Read more »

Christchurch’s property management stars

Press Release – Harcourts

Their outstanding customer service was recently recognised by the Real Estate Institute of New Zealand. Harcourts scooped five out of 15 REINZ Awards for Excellence in Residential Property Management, with the Christchurch team winning three of the major awards: Read more »

Northland dairy farms selling en-masse to ‘out-of-towners’

Press Release – Bayleys

The dynamics of dairy farming in Northland are undergoing the biggest shake-up the sector has seen in more than 50 years with a wave of out-of-towners coming into the region to take advantage of the comparatively cheap land on offer. Read more »

Northland rural portfolio offers exciting potential

Press Release – Bayleys

One of Northlands largest farming portfolios has come to the market at a time when the region has been capitalising on a wave of out-of-towners snapping up farmland that is extremely price-competitive when placed in a national context. Read more »

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