Down side seen to rise in house prices
Property values in Southland and the Queenstown Lakes district have more than doubled in the past decade and an economist says while this could benefit some, it might not be good for economic...
Property
Average home in Invercargill on the rise, nearing $500,000
Average home in Invercargill on the rise, nearing $500,000
Invercargill experienced more home value growth on average last year than any of New Zealand’s other large urban areas.
No rest for landlords while students away
No rest for landlords while students away
Dunedin's landlords are taking advantage of the school holidays to prepare for the arrival of next year's tenants.
Wanaka decision could release 140 sections
Wanaka decision could release 140 sections
The Queenstown Lakes District Council is likely to decide next Thursday if it will sell its prime Scurr Heights land in Wanaka.
Queenstown Lakes housing surge
Queenstown Lakes housing surge
Queenstown Lakes house values are second only to the cooling Auckland market, the pair's average prices for 2015 up about 13% or more at $776,671 and $933,264 respectively.
Kenmure Intermediate former classrooms up for sale
Kenmure Intermediate former classrooms up for sale
Former classroom 'pods' at the Kenmure Intermediate School site in KaikoraiValley, now a firewood merchant, are up for sale for relocation.
Trial shows value in rental housing Wof
Trial shows value in rental housing Wof
None of Dunedin's houses will pass a rental warrant of fitness if the standards used during a recent trial of scheme are applied.
Rate hike hurts homeowners: Turei
Rate hike hurts homeowners: Turei
The Government's failure to ''get a grip'' on electricity prices and the property market resulted in the Reserve Bank again lifting interest rates, Green Party co-leader Metiria Turei said yesterday.
House prices picked to keep rising
House prices picked to keep rising
House prices are being picked to continue to rise for the year and flagging sales numbers get a boost, before hitting a ''pervasive slowdown'' in 2015, according to Westpac economist Dominick Stephens.
Significant increases in value, number of dairy properties
Significant increases in value, number of dairy properties
Rural land has made the biggest gain in the latest Central Otago revaluation, with dairy properties increasing in value by up to 40%.
Property values remain flat
Property values remain flat
Residential property values remained relatively flat in parts of Otago last year, any increases well below the national average rise.
NZ housing market substantially over-valued
NZ housing market substantially over-valued
New Zealand has one the world's most over-valued housing markets, according to the Economist.
Property is their passion
Property is their passion
From the outside, the jobs of golf professional at the home of the Ryder Cup and property manager in Dunedin might not appear to have much in common.
Property sales best for 5 years
Property sales best for 5 years
There were 80 property sales totalling more than $53 million in Queenstown last month, making it the strongest month for the resort in five years.
Forced property sale numbers up in some areas
Forced property sale numbers up in some areas
Despite the worst of the economic recession being over for two years, mortgagee sales are trending higher again, particularly in provincial and rural areas.
House sales up at top end
House sales up at top end
Demand for Queenstown properties worth more than $1 million increased in April.
Mosgiel buyers snap up sections
Mosgiel buyers snap up sections
Mosgiel buyers seeking sections to build on appear to have made their move, with locals accounting for the majority of more than $5 million in sales at the HeathField subdivision.
Twenty properties for auction
Twenty properties for auction
Confidence in the Wakatipu's real estate sector as a lifestyle and holiday home destination will be tested when Bayleys Queenstown auctions 20 homes, apartments and bare section plots in "The Big Call" on May 3.
Wanaka cottage sells for $1.1m
Wanaka cottage sells for $1.1m
A two-bedroom cottage on a 637sq m section, a stone's throw from Lake Wanaka, sold for $1.1 million at auction at the weekend, well above its rateable value of $880,000.
Rural property sales growth strong
Rural property sales growth strong
Strong sales volume growth is continuing in the rural property sector, figures released by the Real Estate Institute of New Zealand show.