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Canterbury quake drag on already weak property market

Canterbury quake drag on already weak property market
Wellington, Oct 14 NZPA - The early September earthquake in Canterbury dragged down already weak figures for the residential property market last month.

NZ sharemarket rises, DNZ Property debuts at premium

NZ sharemarket rises, DNZ Property debuts at premium
Wellington, Aug 16 NZPA - DNZ Property Fund listed today at a premium to its offer price on a New Zealand sharemarket that held its ground while other markets fell as the reporting season cranked up.

Freightways' shares rise on hopes the worst is over

Wellington, Aug 16 NZPA - Freightways' share price rose 1.9 percent to $2.73 today after the express parcel company reported it performed better in its second half.

Median house price up but sales numbers fall

Median house price up but sales numbers fall
Wellington, July 14 NZPA - The number of residential property sales fell in June, although the median price edged up, latest figures from the Real Estate Institute of New Zealand (REINZ) show.

Dairy index drop shows Oceania weakness - economist

Wellington, July 7 NZPA - Today's 13.7 percent drop in the index for Fonterra's internet auctions has shown some weakness in Oceania dairy commodity prices, a bank economist said today.

NZ dollar drifts trades in narrow range amid caution

NZ dollar drifts trades in narrow range amid caution
Wellington, July 7 NZPA - The New Zealand dollar traded in a fairly narrow range today against a backdrop of settled equity markets as caution about the global economic outlook continued.

Auckland residential property marking time, says company

Auckland residential property marking time, says company
Wellington, July 5 NZPA - Real estate company Barfoot & Thompson says its June sales in Auckland show the residential market is marking time, while economists see the figures as weak.

NZ housing market healthy despite May's price decline

NZ housing market healthy despite May's price decline
Wellington, June 15 NZPA - The residential property market is healthy despite a decline in the median house price in May, with a modest annual growth rate indicating that the Reserve Bank's interest rate strategy is working, an economist says.

Pip Dunphy to chair NZ Clearing and Depository Corp

Pip Dunphy to chair NZ Clearing and Depository Corp
Wellington, June 11 NZPA - Pip Dunphy has been named chairwoman of New Zealand Clearing and Depository Corp Ltd (NZCC), a wholly-owned subsidiary of NZX Ltd.

Usual April fall in Auckland property sales

Usual April fall in Auckland property sales
Wellington, May 5 NZPA - Real estate company Barfoot & Thompson is reporting a big fall in Auckland residential property sales in April from March, but says the decline is a traditional pattern.

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