Lodge Real Estate in Hamilton, the city’s largest agency by volume, reported today that the city’s residential property market is strong and steady.
Some of the most historically significant buildings in North Canterbury, at the former Queen Mary Hospital, may soon be redeveloped for uses such as accommodation.
Nationwide residential property values continue to rise according to the latest QV index for August. Values have risen 1.6% in the past three months, 4.8% over the past year, and are now only 0.4% below the market peak of 2007.
Signs of a modest revival in the housing market are being confirmed by a lift in sales and prices in August.
A lift in new listings of property for sale in August has given the New Zealand property market a healthy kick start for spring, but the market remains firmly in favour of sellers as Auckland registers another record high for asking prices, says Realestate.co.nz.
The New Zealand Historic Places Trust (NZHPT) agrees that unnecessary demolition of heritage buildings in central Christchurch should not take place.
A large freehold site with the potential to be developed into a retirement village or tradesmen’s accommodation is on the market for sale. The 1.3 hectare site currently houses the Riccarton Holiday Park, providing a low-cost accommodation option close to city amenities.
The value of building consents for major commercial projects across the Christchurch will reach $200 million in the next week.
Registered Master Builders Federation (RMBF) says the latest building consent figures released today confirm a continued pickup in activity compared to 2011 but the growth trend appeared to be flattening off except in Auckland and Canterbury.
Award winning Queenstown company Rilean Construction has achieved the Queenstown Lakes’ first six-star Homestar rating for an eco-friendly evolution series home.
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