Property Market stories
NZ sees a 5.3% rise in weekly rents for November, signalling a slowing trend in annual increases, with Trade Me noting housing rents plateauing.
Tame expectations for increases in New Zealand consumer price increases could still be too high, and the Reserve Bank is reviewing the way it asses.
Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.
Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.
The Reserve Bank's influence over long-term interest rates is limited by global investor activity, and it may need to call on further macro-prudent.
Argosy Property Fund lifted first-half earnings 25 percent as New Zealand's fourth-largest listed property investor boosted its occupancy rate and.
The Reserve Bank will retain restrictions on low-equity mortgage lending because governor Graeme Wheeler continues to see risks in the housing mark.
Urban renters feel the pinch as weekly rental costs soar by 6.4%, with cities facing sharper increases compared to provincial areas.
New Zealand shares fell, snapping four days of gains, led by Genesis Energy, Meridian Energy and MightyRiverPower as investors looked to crystalise.