Fewer overseas investors buy homes
House sales across Dunedin, Central Otago and the Queenstown Lakes District picked up in May, as did median prices, which were up in a range from 8% to almost 19%.
Business
Dunedin open home crowd numbers ‘crazy’
Dunedin open home crowd numbers ‘crazy’
‘‘Horrifying’’ house prices and a ‘‘ridiculously’’ small number of properties for sale is making Dunedin ‘‘a seller’s market’’.
Growth in average house values continues in South
Growth in average house values continues in South
Gains in national average house values are waning in the face of winter, but regional areas continue to go from strength to strength, some still hitting double-digit growth.
Rising prices, fewer listings put pressure on Southland first-home buyers
Rising prices, fewer listings put pressure on Southland first-home buyers
Southland shone through as the largest median house price percentage gainer around the country in April, as prices rose more than 22%, to a record $300,000.
South to fore among house price increases
South to fore among house price increases
Dunedin is in the vanguard of a surging southern property prices, a new survey has confirmed.
Apology over over flat tender
Flat Debacle: Property managers apologise over tender
Property managers Cutlers Ltd have apologised and taken down a Facebook post calling for tenders to rent a notorious flat after backlash on social media where it was labelled by some as exploitative.
Dunedin property values continue strong increase
Dunedin property values continue strong increase
For the third consecutive month, Dunedin led quarterly house price gains in main centres around the country, with an increase of 4.9%. Other southern regions are also putting in a strong showing.
Chinese plan Remarkables Park hotel
Chinese plan Remarkables Park hotel
A Chinese company that made headlines for backing out of a controversial, multi-million dollar land sale last year wants to build a hotel at Queenstown’s Remarkables Park.
Dunedin again leads main centres in rising house value
Dunedin again leads main centres in rising house value
For the second consecutive month Dunedin has topped the list of house value gains of main centres across the country - with an annual gain of 13.3%, five times the national 2.6% gain.
Sales of Southland dairy farms down on past years
Sales of Southland dairy farms down on past years
While there is still a good selection of dairy farms available in Southland, there have only been a limited number of sales in the province compared to previous years, according to the Real Estate Institute of New Zealand.
Prefab industry at tipping point in wait for reforms
Prefab industry at tipping point in wait for reforms
The prefab industry says it's at a critical tipping point, as it waits for the government's promised building reforms to get underway.
Fewer house sales but higher prices
Fewer house sales but higher prices
The volume of residential house sales across the country plunged almost 10% in February, but prices continued to rise in 15 of 16 regions, records being set in five places.
Dunedin annual house price rises top in NZ
Dunedin annual house price rises top in NZ
Dunedin's house values have notched up the largest annual percentage gain of all the country's main centres - up 14.3% against February last year.
Hotel complex for Queenstown's Gorge Road
Hotel complex for Queenstown's Gorge Road
Yet another Queenstown hotel development’s in the pipeline, with a mega new complex planned for Gorge Road.
Zoning change presents new prospects for sale property
Zoning change presents new prospects for sale property
A Man Street property above Queenstown’s CBD – up for auction on Thursday – presents major redevelopment prospects thanks to a council plan change.
Dunedin housing woes to be discussed at summit
Dunedin housing woes to be discussed at summit
A housing summit will be held in Dunedin as the city's property market creaks under the pressure of population growth and increasing costs.
Over $145m spent on health issues caused by poor housing
Over $145m spent on health issues caused by poor housing
The health costs of New Zealand's poor housing could be more than $145 million a year, a new study shows.
Cheeky campaign plugs Timaru houses in Auckland
Cheeky campaign plugs Timaru houses in Auckland
If Auckland's traffic and house prices drive you to despair, then Timaru wants you.
Rental squeeze hits teachers, students and pensioners
Rental squeeze hits teachers, students and pensioners
New Zealand's major cities are in the grip of a rental squeeze that is not only hitting students, including in Dunedin, but also pensioners and young professionals working as teachers, chefs and engineers.
Landmark Queenstown property up for sale
Landmark Queenstown property up for sale
Arguably Queenstown’s most prominent lifestyle property is on the market.