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Property Market
Business
May 3
Caution urged over use of online insurance calculators
Caution is being urged by all players in the property sector regarding homeowners using insurance companies' online calculators in trying to assess the rebuild value of their properties.
Business
March 1
Either way, it doesn't look good
Two reports out yesterday provided mixed views about New Zealand's property market, with neither report likely to give relief to new home buyers or existing property owners.
Business
July 10
C. Otago and Queenstown Lakes lead in house price rise
Central Otago and the Queenstown Lakes recorded the highest lift in house prices nationally for the month of June - an 11.5% increase.
Business
May 7
Listed property yields attractive
Yields in New Zealand's listed property sector remained attractive in a low interest rate environment, Forsyth Barr broker Haley Van Leeuwen said yesterday.
Dunedin
April 27
Property values still increasing in South
Residential property values in the South are continuing to increase modestly, the latest information from government valuer Quotable Value shows.
News
January 20
Signs property market reviving
Median house prices in Otago have remained static in the past two years, but there are signs of life returning to the residential real estate market.
Dunedin
January 10
Sales slow; homebuyers more wary
Dunedin's prevailing property market conditions have brought buyers more time to carry out due diligence checks on their prospective homes, a Real Estate Institute New Zealand spokeswoman says.
Dunedin
January 10
Dunedin property values fall
The national picture of gradually increasing property values is not being reflected in the South.
Dunedin
August 20
Property stays in the doldrums
Residential property information for July shows "more of the same", southern Real Estate Institute of New Zealand (REINZ) spokeswoman Liz Nidd said.
Central Otago
June 8
7% decline in house values
Residential property values in Central Otago have decreased a dramatic 7% in 12 months, QV's residential price index for May shows.
Business
April 8
Auckland tipped to lead market
Auckland is set to dominate the New Zealand housing market statistics this year after missing out somewhat on the boom in the early 2000s, BNZ chief economist Tony Alexander says.
National
February 24
Property market stalls again
The Christchurch property market is in a "holding pattern" and may take two years to return to normal, Real Estate Institute of New Zealand (REINZ) director and Christchurch spokesman David Rankin says.
Queenstown
February 24
House sales in January fail to meet expectations
An "unexpectedly low" number of sales were recorded in Queenstown for January - a theme that was common across most regions in New Zealand, Real Estate Institute of New Zealand Queenstown spokesman Adrian Snow said.
Dunedin
February 11
Dip in house prices seen as indicator of economy
A further fall in Dunedin house prices last month reflected the weak overall national economy, commentators said.
Business
January 28
Homes still largely out of reach
Queenstown houses are slightly more affordable, thanks to a slide in prices in December, according to the Roost Home Loan Affordability report.
News
January 20
Crib sales slow right down
Potential holiday home purchasers appear to be spoilt for choice in popular South Island holiday towns, with so many properties on the market it will realistically take several years to clear the listings.
Queenstown
January 9
Recovering residential sales create optimism
Queenstown's property market is lifting on the back of strong pre-Christmas residential sales and the most inquiries since the credit crunch sparked the global recession in 2007, says REINZ Queenstown spokesman Adrian Snow.
National
January 7
New Zealand's cheapest house
From a $7000 doer-upper in Mataura to a $15 million Auckland mansion - welcome to the highs and lows of the New Zealand property market.
Dunedin
December 15
House sales rise
Dunedin house sales in November were 25% up on October sales, with 204 properties selling during the month.
Dunedin
December 7
Southern housing market remains fickle, QV says
The southern housing market remains fickle even as the rate of decline for property values nationally appears to have stabilised, valuer QV's November price index suggests.
Business
December 7
Housing market still in the doldrums
The housing market remains in the doldrums after rebounding earlier this year, but the rate of decline for property values appears to have stabilised, according to valuer QV.
Central Otago
November 29
Minimal impact from fall in values
A drop in Central Otago property values in the past three years is unlikely to have a dramatic impact on rates bills.
Business
November 19
Prices steady, but rural property market still slow
The rural property market continues its lacklustre performance of recent months, with the number of properties sold in the three months to October 31 less than half that of two years ago, although the median price remains steady.
Business
November 1
Property company changes `rushed'
Investors caught up in the Government-introduced changes around property company structures are being urged to remain patient.
Business
September 17
Farm sales drop
Otago farm prices and the number sold ave fallen to less than half what they were in 2008, mirroring the national trend, according to Real Estate Institute of New Zealand figures.
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