Property Market Stories

Kiwi Stories

Property Market stories

Auckland warehouses squeeze more stock into same space

Higher Auckland land costs are pushing warehouse operators to boost pallet capacity inside existing buildings, with some projects adding about 5,000 positions.

By Joseph Gabriel Lagonsin • 5 min read • 3 days ago

Real estate

New Zealand housing market may be entering slower era

Long-term house price gains could now settle nearer 3% to 5% a year as supply, lending rules and incomes restrain New Zealand values.

By Sean Mitchell • 4 min read • Last week

New Zealand Labour Party

What's going on with retirement village share prices?

Policy uncertainty and a stagnant housing market have deepened the slump in retirement village shares, even as analysts see recovery potential.

By Susan Edmunds • 4 min read • Last month

Real estate

Mackenzie house values soar as demand continues

Residential and commercial owners face higher rates bills after the district's rateable value climbed to NZD $8.353 billion on strong demand.

By Claire Taylor • 3 min read • Last month

Real estate

Auckland houses are cheap but should you invest in them?

Lower prices are drawing investors back to Auckland, but weak rents, higher costs and modest capital growth are limiting the appeal.

By Susan Edmunds • 4 min read • Last month

Real estate

House buyers 'in the driver's seat' - QV

Home sellers face weaker demand as QV says buyers have the upper hand and the average New Zealand house value has slipped to $892,580.

By Susan Edmunds • 3 min read • Last month

Global Stories

Property Market stories

Real estate

CBRE says Asia Pacific office demand to rise despite AI

Office demand across Asia Pacific is still set to grow 13% by 2030, as CBRE says AI will reshape rather than erase workplace needs.

By Karen Joy Bacudo • 4 min read • Last week

Stories from Other Regions

Property Market stories

Real estate

Australian retail leases shorten as income visibility fades

Average retail lease lengths in Australia have fallen to 34.4 months, leaving landlords facing earlier renewals and less certain income streams.

By Mara Sugue • 3 min read • Today

Real estate

Kensington buyers turn to bigger apartments near CBD

A widening AUD $2 million-plus gap to houses is pushing Kensington buyers towards completed three-bedroom apartments closer to Sydney's CBD.

By Joseph Gabriel Lagonsin • 4 min read • Yesterday

Real estate

Auction clearance rate rises as Sydney overtakes Melbourne

Sydney overtook Melbourne to become the biggest auction market last week, as the combined capital clearance rate climbed to 47.6%.

By Mara Sugue • 4 min read • Yesterday

Real estate

Reserve Bank rate rise deepens Australia's housing slump

Mortgage repayments are about AUD $600 a month higher for average borrowers after the Reserve Bank lifted rates to 4.85%.

By Sean Mitchell • 3 min read • 4 days ago

Real estate

Auction clearance rate falls to lowest since April 2020

A likely rate hike has added pressure to buyers as the combined capitals preliminary auction clearance rate slumped to 47.2% last week.

By Mara Sugue • 2 min read • 4 days ago

Real estate

Melbourne auctions fall after Victoria reserve rule

Victoria's new reserve price disclosure rules coincided with a sharp drop in Melbourne auctions, even as preliminary clearance rates improved last week.

By Mara Sugue • 3 min read • Last week

Real estate

Mojo warns income caps could shut out first-time buyers

Proposed £90,000 and £110,000 income limits would leave more than 13% of Mojo Mortgages' first-time buyer applicants ineligible, it said.

By Joseph Gabriel Lagonsin • 4 min read • Last week

Real estate

Australia housing market stalls as spring sales slide

Higher borrowing costs and weak confidence have left Australia's spring housing market sluggish, with sales down 20.9% and selling times stretching to 41 days.

By Sean Mitchell • 5 min read • Last week