Real estate agency Unique Realty ordered to pay $1.25 mln

Article – BusinessDesk

May 20 (BusinessDesk) – Manawatu real estate agency Unique Realty has been ordered to pay $1.25 million by the High Court in Auckland for fixing prices in the first of 13 agencies set to appear in court over the ring. Read more »

Manawatu agency to pay $1.25m penalty in price fixing case

Press Release – Commerce Commission

Manawatu agency to pay $1.25m penalty in real estate price fixing case Unique Realty Limited has been ordered to pay a penalty of $1.25 million following a hearing in the Auckland High Court. Unique is the first of 13 national and regional real estate … Read more »

Kaitangata – House and Land Package from $230,000

Press Release – Kaitangata Promotions

The team at Big River Homes are offering a new build 3 bedroom home at a fantastic price in support of this project. BNZ-Lending Package Downie Stewart Lawyers-Legal Advice Read more »

Urban boundary myth busted

Press Release – Auckland Council

Urban boundary myth busted Auckland Council is busting the myth that there is a constraint on building beyond Aucklands current Metropolitan Urban Limit (MUL). 23,000 homes already planned outside the MUL Over the past three years Auckland Council … Read more »

New Queenstown Convention Centre location

Press Release – Remarkables Park

Plans for a redesigned Queenstown Convention Centre at Remarkables Park were released today ( Thursday 19 May ). Read more »

Urban Limits Likely To Stay In Auckland Plan

Press Release – Mark Thomas

Auckland mayoral candidate Mark Thomas said there wasn’t a ‘snow balls chance in hell’ that the Hearings Panel will recommend abandoning all urban planning limits. Read more »

SuperCity planning and funding is leading to chaos.

Press Release – David Thornton

With the Government and Opposition, both demanding the outward development of Aucklands residential development, Auckland ratepayers are under threat. Read more »

Greens launch state house solution to housing emergency

Press Release – Green Party

The Green Party today announced a plan to build hundreds of new state homes to help house New Zealanders who are living in cars, garages or on the streets. Read more »

Goodman Property Trust Delivers $247.9 million Profit

Press Release – Goodman Property Trust

Goodman Property Trust Delivers $247.9 million Profit Goodman Property Trust recorded its strongest ever financial result in 2016 with rising property values contributing more than half of the $247.9 million pre-tax profit. Read more »

High-priced cities share Auckland’s pain

Press Release – ASB

Auckland is not the only city suffering from unaffordable homes as its population grows and outstrips supply, ASBs latest report on the housing market suggests. Read more »

Artificial Boundaries Work Against Land Supply

Press Release – Property Council Of New Zealand

The Metropolitan Urban Limit and the Rural Urban Boundary are barriers that were introduced to prevent sprawl. Unfortunately, manipulating market behaviour through highly interventionist policies has resulted in the perverse effect of land supply … Read more »

Vinta approved for first NZ wholesale investment fund

Press Release – Vinta

The Overseas Investment Office (OIO) has granted approval for Vinta to launch its first open-ended direct property fund in New Zealand. Read more »

Big increase in KiwiSaver withdrawals to buy first home

Press Release – ANZ Bank

Big increase in KiwiSaver withdrawals to buy first home – ANZ The number of first home withdrawals from ANZs KiwiSaver schemes has increased by 188% over the past three years, as KiwiSaver balances increase and become an increasingly important … Read more »

Lifestyle Market Sales Volumes Strong with Prices Rising

Press Release – Real Estate Institute Of New Zealand

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 436 more lifestyle property sales (+22.5%) for the three months ended April 2016 than for the three months ended April 2015. Read more »

Sale Prices Holding 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 78 fewer farm sales (-16.1%) for the three months ended April 2016 than for the three months ended April 2015. Overall, there were 407 farm sales in the three … Read more »

Real estate identities join forces with Ray White

Press Release – Make Lemonade

Well known North Shore real estate identities Lewis Guy and Jason Smale have signed up with the Ray White Group. Read more »

Kiwi Property ownership in The Base shopping centre at 50%

Press Release – Kiwi Property

Kiwi Property advises that its offer to acquire 100% of The Base shopping centre at Te Rapa, Hamilton, has not been accepted and that its investment in The Base will therefore proceed by way of a 50:50 joint venture with Waikato-Tainui. Kiwi Property … Read more »

Kiwi house prices continue record-breaking climb

Press Release – Trademe

The New Zealand property for sale market looks set for a warm winter according to the latest Trade Me Property Price Index. In April, average asking prices climbed to a record high of $585,000, rising 2.1 per cent since last month, and up 8.4 per … Read more »

Syndicates offer hope for first-time buyers

Press Release – Harcourts

First-home buyers struggling to gain a foothold into heated property markets could consider purchasing in a syndicate to improve their buying power, says Harcourts NZ CEO Chris Kennedy. Read more »

Flavell: Te Ture Whenua Māori Bill First Reading Speech

Speech – New Zealand Government

Mr Speaker, I move, that the Te Ture Whenua Mori Bill be now read a first time. Read more »

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