Govt could ‘come to the table with more money’ to get people into their own homes
PHOTO: Brad Olsen. FILE The cracks are starting to show in the construction industry as the sector continues to face increasing costs and workforce […]
Search Property Noise
Sammie’s variable interest rate has doubled in six months
PHOTO: Mortgage rates continue to rise taking more out of Aussie’s back pockets. FILE Another rate rise was the Christmas present no new homeowners asked for […]
Rugby union star Israel Folau’s $403K real estate victory
PHOTO: The controversial former Wallaby, who now plays for Japan and Tonga, has sold his four-bedroom home in Queensland. Israel & Maria Folau Controversial […]
The latest New Zealand mortgage rates
PHOTO: NZ V Australia Coming off a FIXED rate, looking to FIX OR simply looking for a better deal? Here are the latest mortgage […]
Renovated Evans Bay boatshed
PHOTO: This renovated boat shed on Evans Bay Parade, Hataitai is fully plumbed and insulated. The owner is looking for offers over $299,000. SUPPLIED […]
Major changes recommended for building supply sector
PHOTO: The NZ building industry needs a massive tidy up. FILE Competition in the building supply sector is “not working as well as it […]
REINZ & Tony Alexander Real Estate Survey: RESERVE BANK PUSHES BUYERS BACK
PHOTO: REINZ & Tony Alexander Real Estate Survey The latest REINZ & Tony Alexander Real Estate Survey is out. Taking a gauge of what […]
C21NZ on recruitment drive for more franchised offices
PHOTO: Century 21 “It may be the end of year, but we’re on a drive to encourage successful realtors and motivated businesspeople to consider Century 21 […]
Australia’s property markets ranked hottest to coldest for 2023
PHOTO: It’s the smaller state capitals that are dominating the list of 2023 property investor hotspots. REPUBLISHED WITH PERMISSION | API MAGAZINE Sydney and […]
AUSTRALIA: Major bank slashes fixed term rates
PHOTO: Sydney, Australia. BLOOMBERG One of Australia’s major banks is slashing its fixed-term loan deals despite predictions the RBA will lift the cash rate […]
Land-based whitebait farm
PHOTO: Manāki project manager Paul Decker says its ambition is to restore and enhance native species that make up the whitebait catch. Photo: CC-BY-NC Ngā Manu […]
Fewer house sales will lead to real estate agents quitting
PHOTO: Real Estate Agent – rawpixel-id-6008972 Concerns over fewer house sales leading to real estate agents leaving the industry are overblown, a group representing […]
Fashion mogul Nicky Zimmermann buys $60 million Vaucluse trophy home
PHOTO: Nicky Zimmermann Sydney’s most expensive homes don’t come cheap, given a $60 million bottom line just to make the top 10 list, so […]
SALES PLUMMET: Barfoot & Thompson’s sales down 41%
PHOTO: Kiri Barfoot – Barfoot & Thompson Time period Number of sales* Total value of sales November 2022 700 properties $807,656,540 November 2021 1182 […]
New Zealand’s most expensive baches
PHOTO: Sold in June 2021 for $10.25 million: Alan Murray Lane, Oneroa, Waiheke Island, Auckland. Photo / Supplied According to ONEROOF Auckland’s rich-lister playgrounds […]
The Master Builders Association Supreme House of the Year 2022 | WATCH
PHOTO: National Supreme House of the Year The Master Builders Association has named its Supreme House of the Year and, again, it’s gone to […]
RBA may not lift interest rates by as much as expected next week | WATCH
PHOTO: Interest rates are on the rise. 9NEWS The Reserve Bank of Australia may not have to lift interest rates by as much as […]
‘Flushed, shaking’: Moment cops found ex real estate agent with $2m secret stash
PHOTO: Lily Frances Hounslow A former real estate agent accused of acting as a drug mule after she was busted with $2m worth of […]
New Zealand house prices suffer biggest annual drop in 13 Years
PHOTO: NZ house prices have taken a MASSIVE HIT, with more to come in 2023. GETTY House prices in Australia and New Zealand are […]
Why the Block NZ flopped, and the Block Australia continues
PHOTO: The Block NZ. SUPPLIED According to ONEROOF The Block NZ recorded its worst auction results to date this year but across the Tasman […]
Man ordered to hand himself in amid real estate court spat
PHOTO: Vivien Yap. SUPPLIED The man accused of threatening to gatecrash the home-opens of a western suburbs real estate high-flyer has been given one […]
Inside Real Housewives candidate’s property impulse buys
PHOTO: Real Housewives of Melbourne season 5 cast with Joel Creasey According to realestate.com.au a Real Housewives candidate saw mixed results off her impulse purchase of […]
Ex-real estate agent in court for allegedly breaking into houses
PHOTO: Kally (Kally) Anne Fitzgerald, 42 A well known ex-real estate agent is at it again ( SEE STORY BELOW) on Sydney’s northern beaches […]
The New Zealand Property Report: November 2022 (FULL)
PHOTO: Vanessa Williams, spokesperson for realestate.co.nz New data suggests vendors need to rethink price expectations OCR up New listings are down -26.0% National asking […]
Rents back at an all-time high | Trade Me
PHOTO: Rent prices continue to increase. FILE The national median weekly rent for a property was $580 last month, matching the all-time high first […]
Reserve Bank tipped to hike official cash rate
PHOTO: The Reserve Bank of New Zealand The Reserve Bank is set to deliver the biggest hike in the official cash rate in more […]
Family paid $500k for modular home they may never receive
PHOTO: Podular | PODULAR.CO..NZ According to the NZHERALD Wellington doctors Kathryn Percival and David Pirotta should be spending their holidays and long weekends in […]
Pioneering Upper Hutt developer wins top property award
PHOTO: Malcolm Gillies. STUFF A pioneering property developer credited for reviving Upper Hutt has won the highest accolade in the Wellington Property People Awards. […]
Want a free Tesla? Buy this $1.8m Auckland home
PHOTO: A Tesla is being offered as part of a listing for an $1.8 million home. (Source: Re: News) A Barfoot and Thompson listing […]
PREDICTION: Up to a quarter of residential real estate will sell at a loss | CoreLogic NZ
PHOTO: Selling property for a loss is happening now. Image by rawpixel.com The resale performance of residential real estate has continued to deteriorate, as the wider […]
10 Best Nudist Beaches in New Zealand
PHOTO: Nudist beaches. FILE Where to Find Nudist Beaches in New Zealand New Zealand wouldn’t be the first country you think of when looking […]
House prices down 7.5% | REINZ (FULLREPORT)
PHOTO: Jen Baird, Chief Executive at REINZ REINZ October data: buyer interest increases, but not reflected in market activity Highlights The median price for […]
Chateau Marlborough sold to international investor
PHOTO: Chateau Marlborough The Chateau Marlborough sold in an off market deal to an international investor by Bayleys’ Gill Ireland and Wayne Keene. Located at […]
House prices falling across the country except for one jewel of a spot | CoreLogic NZ
PHOTO: NZ house prices are free falling. GETTY The number of towns, regions, and cities hitting double-digit home value declines this year is growing, […]
November 2022 Monthly Property Update | homes.co.nz
PHOTO: homes.co.nz The homes.co.nz Monthly Property Update is generated using homes.co.nz’s November 2022 HomesEstimates, providing an up-to-date perspective on house values around New Zealand. Trends in […]
Musical chairs in Kāpiti Coast real estate industry
PHOTO: Eddie Winkel is now with Harcourts on the Kāpiti Coast. There have been a couple of significant office/brand mergers on the Kāpiti Coast. […]
Auckland beauty queen now a TOP real estate agent
PHOTO: Miss New Zealand, Holly Cassidy, on stage at the Miss Universe event in Moscow. For most people, being thrown into the spotlight on […]
Struggling to pay the mortgage? Why you don’t need to shower!
PHOTO: Save money by having less showers. BORED PANDA Have you ever wondered why there is this societal expectation to shower at least once […]
‘Shock’ at 10 most expensive Aussie suburbs | WATCH
PHOTO: Sydney, Australia. GETTY A list of Australia’s most expensive suburbs has come as a “shock” to one woman, prompting her to question what […]
‘IT IS A NIGHTMARE’: Sudden building collapse devastates families
PHOTO: Tozer Construction Group’s Warren Clunes and Corey Tozer ahead of their The Longest Day challenge at Wagga Country Club. DAILY ADVERTISER Yet another […]
Housing values continue to fall | CoreLogic NZ (REPORT)
PHOTO: CoreLogic NZ Refreshed OCR forecasts likely to prolong the downturn The housing market downturn in Aotearoa NZ slightly eased in October, with values […]
Emergency housing in Rotorua has ‘created a monster’
PHOTO: Emergency Housing Plan. FILE Residents and business owners say the emergency housing system in Rotorua is “a bloody fiasco”. At the second to […]
RBNZ: Banks could withstand property market crash as big as 47%
PHOTO: NZ Banks. FILE New Zealand banks could cope when faced with an extreme scenario in which house price plunged by 47% and unemployment […]
LJ Hooker Raglan joins Property Brokers
PHOTO: Raglan. SUPPLIED Property Brokers is delighted to announce that effective Friday, 7th October 2022, LJ Hooker Raglan joined the Property Brokers family The […]
The Block may have shot itself in the foot
PHOTO: The Block. Scott Cam & Shaynna Blaze. SUPPLIED This season of The Block was genuinely the biggest ever, and that’s created an even […]
NETFLIX: Dubai Bling – Zeina Khoury, Luxury real estate CEO | WATCH
PHOTO: Zeina Khoury Zeina Khoury is the CEO of a luxury real estate empire who, according to Netflix, “may play hard but works harder”. […]
Mark Wahlberg takes $150.7M (NZD) mansion off market as interest rates soar
PHOTO: Mark Wahlberg has taken his grand Beverly Hills home off the market, noting that in today’s economy, it’s not an ideal time to […]
Housing listings down -16.3% | realestate.co.nz (FULL REPORT)
PHOTO: Vanessa Williams, spokesperson for realestate.co.nz The national average asking price gently ticks downward, now $919,394 Total housing stock is up nationally and in […]
Real Housewives of Melbourne star $2m splash
PHOTO: Gina Liano. LALATE Melbourne’s most glamorous barrister and Real Housewives of Melbourne star Gina Liano has splashed more than $2m on a new […]
Jacinda Ardern responds to quitting, moving to New Plymouth
PHOTO: Jacinda Ardern The Prime Minister says she has no plans to quit her job ahead of next year’s election after rumours began swirling. […]
THE WATCHER: Aptly-named real estate agent Karen needs a dose of karma
PHOTO: Jennifer Coolidge as Karen Calhoun in ‘The Watcher’ NETFLIX Could the notorious 657 Boulevard be going back on the market? Netflix’s ‘The Watcher’ is based […]
Tokyo real estate agency sends beautiful women with you on apartment visits | WATCH
PHOTO: Girls Chintai There’s a company in Tokyo called Girls Chintai. Chintai means “rental” in Japanese, so you might think that Girls Chintai is an escort service, […]
Tokyo real estate agency sends beautiful women with you on apartment visits | WATCH
PHOTO: Girls Chintai There’s a company in Tokyo called Girls Chintai. Chintai means “rental” in Japanese, so you might think that Girls Chintai is an escort service, […]
Was it harder to buy a house in 1990?
PHOTO: First home buyers. Image by rawpixel.com According to STUFF in 1990 the “Misery Index” might have hit peak miserable, but there was something that was […]
WTF? Lawns a big contributor to climate change | WATCH
PHOTO: Auckland Council said it can’t order people what to do in their backyards, but it can encourage them There’s a call for a […]
Sports glamour couple offload $5.5m beachside pad
PHOTO: FOX SPORTS Supercars host Jessica Yates and hubby Luke Egan. FOX SPORTS Glamour sports couple ex-pro surfer Luke Egan and Fox Sports presenter […]
How the home buying process works
PHOTO: First home buyer. FILE One of the most significant and maybe overwhelming decisions of your life is choosing to purchase real estate because […]
Real estate guru has blindsided Australia’s #1 real estate group
PHOTO: Real estate guru John McGrath. SUPPLIED According to the Daily Telegraph two legend real estate agents — said to have ‘Ray White running […]
Real estate agent wins nightmare legal fight
PHOTO: Real estate agent. Image by rawpixel.com According to the NZHERALD an Auckland real estate agent says he has spent hundreds of thousands of dollars fighting […]
FRANCHISE GROWTH: New Century 21 office – Auckland
PHOTO: Century 21 Excellence on Manukau Road, Epsom: Prakul Raj, Bhethnee Kaur, Tim Meyer, and Kapil Chadha. Century 21 has opened a new office […]
Netflix’s ‘The Watcher’ is based on a real house | WATCH
PHOTO: The Watcher. Credit: ERIC LIEBOWITZ/NETFLIX The house at 657 Boulevard has curb appeal. And in real estate, it’s all about location, location, location. So, […]
FOR SALE: Remuera Landholding
PHOTO: 224 Great South Road and 49-53 Omahu Road, Remuera The sale of a former rehabilitation centre site in the Auckland suburb of Remuera, […]
NZ ECONOMY FAILING: Farm sales drop by almost 40%
PHOTO: Dairy support blocks and grazing farms were the slowest for sales. Photo: RNZ / Cosmo Kentish-Barnes Just released real estate data shows a massive slump […]
HOUSING SHOCK: ANZ warns house prices will fall at least 27%
PHOTO: Houses in Wellington (file). ANZ is predicting house prices will fall 18% from their late 2021 peak, an increase of 3% from the […]
Christchurch mates build student storage empire with no money
PHOTO: Kepridge Storage Two mates equipped with a couple of beers, little money, no experience and just some good ol’ Kiwi ingenuity have built […]
FOR SALE: Only fifteen of these unique Evans Bay boatsheds exist
PHOTO: E134 Boatshed, Evans Bay Parade, Hataitai Picture this… you and your closest friends, a BBQ, a beer or wine, soaking in the sun, […]
RENTS are through the roof at 7.5% more | Trade Me
PHOTO: Rent like everything else in New Zealand is out of control. FILE The national median weekly rent increased by 7.5 per cent year-on-year […]
Real estate agent commissions SLASHED
PHOTO: Residential real estate sales numbers have fallen through the floor. FILE According to interest.co.nz the housing market slump is taking a savage toll […]
Property prices fall for six months in a row | TRADE ME
PHOTO: Trade Me Property The national average asking price for a property has dropped for six consecutive months for the first time on record, […]
First annual fall in average home values in 11 years – QV | WATCH
PHOTO: NZ house prices are falling. GETTY New Zealand’s average home value has recorded its first annual reduction in more than a decade, according […]
Pekapeka to Ōtaki Expressway is almost complete | WATCH
PHOTO: Pekapeka to Ōtaki Expressway This expressway is built like a dual carriage motorway and is located 65km north of the capital of New […]
NZ housing market down 12.6% from its peak | REINZ (FULL REPORT)
PHOTO: Jen Baird, Chief Executive at REINZ Highlights The median price for residential property in Aotearoa New Zealand increased 2.0% annually, from $795,000 to $811,000. There […]
New NZ Post depot
PHOTO: Parcels will be sorted with a new automated system, with parcels automatically sent to different chutes ready for couriers to pick up. Photo: RNZ New […]
Bank tells struggling customers to contact them as rate hikes bite
PHOTO: Many economists predict the central bank will hike the rate for an eighth straight time. ANZ BANK. FILE New Zealand’s biggest bank is […]
2022 Bach of the Year
PHOTO: bookabach The Bach of the Year Awards, running for a decade, recognises the best-in-class baches across New Zealand. These award-winning properties – all […]
Interest rate rise will cause MASSIVE ‘pain for another year’
PHOTO: Houses in Wellington (file). Some homeowners will be feeling a heavy strain as a result of interest rate hikes, with the Official Cash […]
New Zealand house prices suffer near-record quarterly slump
PHOTO: The New Zealand property market is taking a bashing. FILE Worst may not be over as RBNZ keeps raising rates: CoreLogic Wellington’s annual […]
Aotearoa’s housing market still firmly in retreat
PHOTO: CoreLogic NZ The downturn in the housing market is unlikely to end any time soon, according to CoreLogic. The property research firm’s House […]
New Zealand house price crash: Property slides as average price plunges below magic $1m mark
PHOTO: New Zealand house price crash. FILE House prices in New Zealand dipped below the average of NZ$1m last month, in the latest sign […]
New home consents level off
PHOTO: New home building. FILE According to STUFF consents for new homes have flattened off, but at near record levels, and this should support […]
Low-deposit finance across New Zealand becoming harder to get
PHOTO: Mortgage lending is tightening. FILE Low-deposit finance is becoming increasingly hard to secure in New Zealand as banks continue to tighten lending standards. […]
New mortgage lending activity still very quiet
PHOTO: CoreLogic NZ Gross mortgage lending flows remained soft in August, with low-deposit finance hard to secure – just 0.7% of investors got such […]
Some rental property agencies collecting unnecessary, potentially illegal information
PHOTO: Consumer NZ chief executive Jon Duffy says requests for bank statements are concerning, especially when landlords already have access to a tenant credit […]
The odds of Lake Taupō erupting and the scale of an eruption | WATCH
PHOTO: Lake Taupō. For the love of travel NZ For the first time ever GNS upgraded Lake Taupō’s volcanic alert level from zero to […]
Houses FOR SALE up 76% – Trade Me
PHOTO: Trade Me The number of properties for sale across Aotearoa continued to soar last month, jumping a record 76 per cent when compared […]
$6.6m view into fraudster Melissa Caddick’s home
PHOTO: Melissa Caddick What’s in a view? Duplex developer Daniel Krimotat has bought the knockdown property directly opposite the Dover Heights home of missing […]
Inside Kim Kardashian’s new $104 million estate
PHOTO: Kim Kardashian According to realestate.com.au Malibu is a billionaire’s playground, and now Kim Kardashian is making sure she has a permanent place to […]
Australia’s biggest builders revealed
PHOTO: Australian builders. FILE The nation’s top 100 residential builders have just been announced, with two thirds of the top builders starting fewer homes […]
New Zealand Banks: $1.7 billion profit in last quarter
PHOTO: The industry profit was 19 percent higher than a year ago. RNZ Bank profits are holding at near record levels in defiance of […]
Motel gets $3 million in govt cash, then goes into liquidation
PHOTO: MARK TAYLOR/STUFF. The motel earnt more than $3 million between March 2020 and July 2022 as an emergency housing provider. According to STUFF […]
Penguins blocked at $500m Shelly Bay development
PHOTO: Kororā or little blue penguins, have been stopped from getting to nesting sites at Shelly Bay. FILE Photos have emerged of fences blocking […]
Rich Listers: Luxury real estate show | WATCH
PHOTO: Rich Listers According to STUFF some say reality television is dead, and yet, like the villain in an 80s action film, it refuses […]
Property values plunge in more than 80% of New Zealand suburbs
PHOTO: NZ house values plunge. FILE Aotearoa’s housing market downturn is in full swing, with most of the country’s suburbs recording a fall in […]
Auckland house prices down 15 per cent
PHOTO: Auckland house prices are free falling. FILE When Chanel and Mose Atigi made the decision to put their family home on the market, their […]
Rate of sea-level rise around Aotearoa doubles
PHOTO: Sea-level rise. Insurance Business The rate of sea-level rise around Aotearoa New Zealand has doubled in recent decades compared with the first half […]
Across New Zealand, house prices dive: REINZ | FULL REPORT
PHOTO: Jen Baird, Chief Executive at REINZ Typically a slow month, August market activity was further affected by concerns around rising interest rates and […]
Rich Listers: The KIWI real estate reality series
PHOTO: Former Miss Universe New Zealand Holly Cassidy. Photo / Supplied According to NZHERALD Rich Listers starts on Bravo this Thursday and social media […]
National house prices continue to plunge: Expert warns it’ll get worse
PHOTO: NZ house prices to fall further. FILE Winter may be over, but there’s no warmth to be seen in Aotearoa’s housing market – […]
The Middleclass Millionaires of Today | homes.co.nz
PHOTO: homes.co.nz Not so long ago, ‘millionaires’ were few and far between. Now, here in 2022, it’s a concept common among the middle class […]
WINNERS: 2022 REINZ Awards for Excellence
PHOTO: 2022 REINZ Awards for Excellence The Real Estate Institute of New Zealand (REINZ) is delighted to announce the following winners from the 2022 […]
Master Builders says building consents system is ‘broken’
PHOTO: An apartment building under construction in Wellington Photo: RNZ / Angus Dreaver The building consents system is “broken” and under-performing councils should face sanctions or […]
FULL REPORT: Asking prices back to 2021 levels | realestate.co.nz
PHOTO: Vanessa Williams, spokesperson for realestate.co.nz. GETTY Asking prices back to 2021 levels in eight of 19 regions Rising number of homes for sale […]
‘Drifting closer to the depths of the GFC’: House prices fall at double rate
PHOTO: NZ house prices. GETTY House prices fell at double the rate of July last month as the market’s downturn speeds up, the latest […]
Is the housing market crashing in Auckland? | WATCH
PHOTO: Auckland. FILE The housing market in Auckland is undeniably in a downturn. Whether or not it is crashing, or will crash in the […]
Cost to service a mortgage ‘alarmingly high’
PHOTO: Houses in Auckland (file picture). (Source: istock.com) The housing market is becoming more affordable but is still beyond the reach of the average household […]
Auckland house prices down 15 per cent with the Reserve Bank of NZ now tipping prices across the country to follow
PHOTO: Auckland CBD. RAWPIXEL When Chanel and Mose Atigi made the decision to put their family home on the market, their property was appraised at $NZ120,000 ($133,000) […]
Mortgages absorbing bigger chunk of household income – CoreLogic | WATCH
PHOTO: Kelvin Davidson Photo: SUPPLIED The housing market is becoming more affordable but is still beyond the reach of the average household as the cost to […]
New Zealand rate cuts and house price falls canary in the coal mine
PHOTO: NZ house prices are falling. FILE New Zealand has provided Australia’s property experts with a test case this year, following the central bank’s […]
Auckland house prices tumble by over $100,000 | TRADE ME
PHOTO: Trade Me Property Since peaking earlier this year, property prices have fallen across the board, but the latest Trade Me Property data shows […]
The PROPERTY CLOCK: Listings UP – Sales and Prices Down | Trade Me Property
PHOTO: Trade Me Property. The number of properties for sale across the country saw the biggest year-on-year jump ever in July, while prices continued […]
Homes.co.nz moves to stop real estate agents reposting adverts to renew listing date
PHOTO: homes.co.nz According to STUFF real estate agents will no longer be able to make their properties look like they have not been on […]
HOUSING MARKET: ‘The turning point has arrived’
PHOTO: CoreLogic NZ chief property economist Kelvin Davidson New Zealand has reached a major turning point in the housing market, with a drop in […]
New Zealand house prices fall for first time in 11 years | WATCH
PHOTO: Auckland, New Zealand. FILE New Zealand’s housing market decline gathered pace in July, with a key gauge of property prices recording its first […]
REINZ July Data: House prices continue to DROP | FULL REPORT
PHOTO: Jen Baird, Chief Executive at REINZ REINZ July data: Market activity and prices continue to ease, first home buyers start to return to […]
QV House Price Index: National average house price drops below $1 million
PHOTO: QV House Price Index The average national house price in New Zealand has dropped to below $1 million for the first time since […]
Tenants ordered to pay over 30k for damage to property
PHOTO: Tauranga tenants ordered to pay over $30,000 in damages by the tribunal. Photo credit: Getty Images Tenants at a home in Tauranga have […]
Changing winds for first home buyers | homes.co.nz
PHOTO: homes.co.nz The property market is in a different phase to what many of us are used to with prices decreasing across much of […]
Real estate agents JUST ‘hanging in there’: BIG exodus expected
PHOTO: A pedestrian passes a real estate office in Auckland. The downturn in the housing market may push some agents out of the industry. […]
House prices fall at fastest rate in more than a decade
PHOTO: Newly built houses. (Source: rnz.co.nz) House prices are falling at the fastest rate in more than a decade and at the fastest pace since […]
Construction sector set for a ‘big deceleration phase’
PHOTO: NZ’s building industry. FILE An economist says the construction sector can’t keep up with all the work that’s in the pipeline across New Zealand. […]
National buyers’ market for the first time in over a decade | realestate.co.nz
PHOTO: Vanessa Williams, spokesperson for realestate.co.nz July data suggests buyers now have the edge nationally for the first time in 11 years—particularly in Wellington, […]
GREAT NEWS: Rents continue to drop
PHOTO: New Zealand rents are dropping. FILE The national median weekly rent for a property took a dive for the second month in a […]
Property prices predicted to have fallen up to 15% by mid-2023
PHOTO: Photo: RNZ / Marika Khabazi New Zealand’s declining property market is expected to continue sliding well into next year. CoreLogic’s House Price Index fell […]