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Property Market Stories - Page 14

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Property Market stories

Decision-makers drive demand for ESG reporting
Risk & Compliance

Decision-makers drive demand for ESG reporting

A voluntary new tool will let property groups measure social sustainability impacts across construction projects, precincts and assets.

By Michael Curreen • 1 min read • Tue, 19th Jul 2022
Prices flatten with keen buyers still out there
Bank of New Zealand

Prices flatten with keen buyers still out there

Demand is still holding up this winter, with first-home buyers helped by easier deposit rules and lending changes despite softer sales.

By Michael Curreen • 11 min read • Sun, 17th Jul 2022
June sees hat-trick of property value drops
GFC

June sees hat-trick of property value drops

Higher mortgage costs and tighter lending are set to keep house prices under pressure, with June marking a third straight monthly fall.

By Michael Curreen • 7 min read • Tue, 5th Jul 2022
First home buyers ‘marginally’ ahead in softening market
Bank of New Zealand

First home buyers ‘marginally’ ahead in softening market

Lower entry-level house prices and wider government support are nudging first-home buyers closer to ownership despite rising rates.

By Michael Curreen • 2 min read • Thu, 23rd Jun 2022
Auckland house prices down on last year
Supply Chain

Auckland house prices down on last year

The city was the only New Zealand region to post an annual fall, with sales also down 38.3% as buyers paused amid higher rates.

By Michael Curreen • 4 min read • Wed, 15th Jun 2022
Higher OCR will keep pressure on housing market
Bank of New Zealand

Higher OCR will keep pressure on housing market

Borrowers face higher mortgage costs and further house price weakness as the Reserve Bank signals the OCR may peak around 4% by mid-2023.

By Michael Curreen • 2 min read • Fri, 27th May 2022
How Australia’s new government plans to tackle its housing crisis
Sustainability

How Australia’s new government plans to tackle its housing crisis

Industry groups say Labor’s policies could ease affordability pressures after its weekend win made housing reforms more likely.

By Michael Curreen • 1 min read • Wed, 25th May 2022
Well-timed relief for first home buyers
Property Market

Well-timed relief for first home buyers

Tighter lending and higher mortgage costs have pushed first home buyers to a seven-year low, even as government support rules are loosened.

By Michael Curreen • 8 min read • Sun, 22nd May 2022
Where is property still booming?
Inflation

Where is property still booming?

West Coast and Canterbury are still posting strong gains, but a surge in listings and weaker demand is cooling prices nationwide.

By Michael Curreen • 11 min read • Thu, 12th May 2022
World’s tallest timber tower planned for Perth
Climate change

World’s tallest timber tower planned for Perth

A $350-million proposal could bring 245 apartments to South Perth if planners back the 50-storey hybrid project.

By Michael Curreen • 1 min read • Mon, 2nd May 2022
Are auctions losing their lustre?
Property Market

Are auctions losing their lustre?

Rising stock and tighter financing are cooling competition, with auction sales dropping sharply across New Zealand as buyers turn cautious.

By Michael Curreen • 2 min read • Wed, 20th Apr 2022
Regional differences showing as property market downturn sets in
GFC

Regional differences showing as property market downturn sets in

Tighter credit and higher rates are leaving first home buyers more exposed, with some regions now showing early signs of vulnerability.

By Michael Curreen • 6 min read • Sun, 10th Apr 2022
Covid-19 peaks but its influence will linger
Supply Chain

Covid-19 peaks but its influence will linger

Vacancy rates are easing, but the shift to prime offices and hybrid work will keep reshaping property demand well beyond 2022.

By Michael Curreen • 4 min read • Sun, 3rd Apr 2022
Study explores climate change’s effects on property
Risk & Compliance

Study explores climate change’s effects on property

Rising flood risk from climate change could erode home prices and threaten banking stability in New Zealand's coastal cities.

By Michael Curreen • 3 min read • Tue, 29th Mar 2022
Price falls starting to appear across some suburbs
Bank of New Zealand

Price falls starting to appear across some suburbs

Stretched affordability and higher mortgage rates are pushing median values down in 154 suburbs, with Auckland and Wellington among the weakest.

By Michael Curreen • 4 min read • Sun, 27th Mar 2022
What have two years of Covid taught us about property?
Property Market

What have two years of Covid taught us about property?

Sharp falls never came, but tighter credit and rising mortgage rates now threaten to turn New Zealand's Covid-era property boom into a buyer's market.

By Michael Curreen • 5 min read • Thu, 24th Mar 2022
Crunch time: inside the Condev crisis
Supply Chain

Crunch time: inside the Condev crisis

Queensland developers are being asked to inject millions as Condev races to complete projects and avert collapse.

By Staff Writer • 1 min read • Mon, 14th Mar 2022
Comparing markets with Australia – what can we learn?
Supply Chain

Comparing markets with Australia – what can we learn?

New Zealand’s office, retail and industrial markets are expected to mirror Australia as Omicron peaks and border openings reshape demand.

By Michael Curreen • 5 min read • Mon, 14th Mar 2022
Property prices remain firm as supply now outweighs demand
Northland

Property prices remain firm as supply now outweighs demand

More listings and weaker buying power are easing competition, even as national house prices climbed 13.5% to a record GBP £885,000 in February.

By Michael Curreen • 11 min read • Mon, 14th Mar 2022