Lodge Real Estate buys Cambridge Real Estate

Press Release – Lodge Real Estate

Leading Hamilton real estate company, Lodge Real Estate, has bought a stake in Cambridge Real Estate, partnering with well-known rural salesperson David Soar, and existing shareholder Sherry Herkes. Read more »

ASB lowers fixed home loan interest rates

Press Release – ASB Bank

ASB has lowered a range of fixed interest rates for terms longer than 6 months and introduced a new four year fixed interest rate special. Fixed interest rate specials apply to new and existing lending for customers who have at least 20% equity (i.e. … Read more »

Sizeable historic town centre block goes on the market

Press Release – Bayleys

One of the biggest and most strategic commercial property portfolios in Northland has been placed on the market for sale. Read more »

JLL to sell four retail units on Broadway

Press Release – Jones Lang LaSalle

JLLs commercial sales group have been appointed to sell four connecting retail units at 312-330 Broadway, Newmarket, located in the heart of Newmarkets high street. Read more »

REINZ’s O’Sullivan wants pre-purchase inspection standards

Article – BusinessDesk

Nov. 14 (BusinessDesk) – Real Estate Institute chief executive Helen OSullivan wants to see pre-purchase building inspections regulated, a standard set for methamphetamine testing, and property managers come back under the Real Estate Industry Authority. Read more »

Correction: REINZ boss first-home buyers’ defeat

Article – BusinessDesk

Correction: Real Estate Institute O’Sullivan says first-home buyers could give up on home ownership Read more »

The Government has to listen to Olly

Press Release – New Zealand Labour Party

When even hard boiled property investors like Olly Newland say first home buyers have been shafted by Loan to Value Ratio lending restrictions, surely it is time for the Government to listen, says Labour’s housing spokesperson Phil Twyford. Read more »

Metlifecare appoints SkyCity’s Callander to executive team

Article – BusinessDesk

Nov. 14 (BusinessDesk) – Metlifecare, the listed retirement village operator, has appointed former SkyCity Entertainment Group executive Richard Callander to its senior management team. Read more »

REINZ boss O’Sullivan says first-home buyers could give up

Article – BusinessDesk

Nov. 13 (BusinessDesk) – Departing Real Estate Institute chief executive Helen OSullivan said the Reserve Banks decision to continue the loan-to-value ratio restrictions on home loans could see some first-home buyers give up on the idea of ever owning … Read more »

Reserve Bank wrong on immigration

Press Release – NZ Association for Migration and Investment

NZAMI, New Zealand’s leading professional association for immigration specialists, says the Reserve Bank statement regarding immigration having a big impact on house prices appears to lack an understanding that this is only one factor when looking … Read more »

National property market analysis November 2014

Press Release – Harcourts

The Reserve Banks announcement yesterday that LVR restrictions will not be lifted is hard news for provincial New Zealand, where written sales and prices continue to dip or remain stagnant. Read more »

NZ house sales decline for 12th month in October, REINZ says

Article – BusinessDesk

Nov. 13 (BusinessDesk) – New Zealand house sales declined for a 12th month in October, one year on from the introduction of Reserve Bank high-debt mortgage lending restrictions. Read more »

Spring refreshes October real estate market

Press Release – Real Estate Institute Of New Zealand

6,608 dwellings sold in October 2014, up 11.8% on September and down 2.4% on October 2013 National median price of $430,000, up $10,000 on September and $10,000 below the record median set in March 2014 Auckland median price reached a new record … Read more »

Sale of State and Council Houses Prompts Public Meeting

Press Release – Ariana Paretutanganui-Tamati

The Government’s announcement that it will sell up to 20% of State housing and the comment by Wellington City Councillor Paul Eagle that the Council will look at “co-ownership of Council housing with the third sector” has prompted MANA Newtown is to call … Read more »

South Westland farm sale demonstrates appetite for dairy

Press Release – PGG Wrightson Real Estate

A fully self-contained Whataroa dairy farm carrying 400 milking cows sold for $6.5 million last month, demonstrating interest in acquiring rural property remains keen, said the salesperson who oversaw the transaction. Read more »

Hundertwasser gift still on offer in Whangarei

Press Release – Eileen McNaughton

Over 160 Hundertwasser supporters crowded into Whangarei District Council to watch the council debate a motion remove the Hundertwasser Wairau Maori Art Centre proposal from those to be considered for the redevelopment of the old Northland Regional Council … Read more »

Governor points finger at National on supply

Press Release – New Zealand Labour Party

The Reserve Bank Governor has admitted he had to keep loan to value mortgage restrictions in place because the Governments attempts to increase housing has fallen a long way short, says Labour’s Housing spokesperson Phil Twyford. Read more »

Highland Real Estate recognised for leadership, innovation

Press Release – Harcourts

Harcourts Highland Real Estate has been recognised as a standout leader in professional services by the Queenstown Chamber of Commerce. Read more »

More key tenants announced for The Landing development

Press Release – The Landing development Queenstown

Queenstowns retail offering just got even better with the announcement four new businesses will open in April next year as part of stage two at The Landing development in Frankton. Read more »

GMT Delivering on Strategy

Press Release – Goodman Property Trust

Goodman (NZ) Limited, the manager of Goodman Property Trust (GMT or Trust) is pleased to announce the Trusts interim result for the six months ended 30 September 2014. Read more »

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