The design of a new building and public plaza at the Railway Station end of the waterfront has been unveiled and Wellington Waterfront Limited is now seeking feedback on the design.

Builderscrack.co.nz, a site which helps homeowners find tradesmen and compare quotes, has re-launched today with a fresh clean look.

Bayleys Realty Group Limited (BRG) has appointed Greg Hornblow as its new general manager.

The residential property market has experienced its strongest January performance in four years.

Acquisition of NAI Global by C-III Capital Partners is Complete Local Member NAI Harcourts to benefit from acquisition

Christchurch Hospitality Group wants action on location of Convention Centre & Stadium CHI is calling for a decision to be made, without further delay, on the location of the new convention centre and stadium.

A former dance hall and movie theatre which were once the heart and soul of a bustling seaside community are on the market for sale.

Kiwi Income Properties Limited, as Manager of Kiwi Income Property Trust, today announced the appointment of Mr Angus McNaughton to the Board of the Manager, with effect from

The number of homes for sale in New Zealand's three largest cities has fallen to its lowest level in four years, according to data released today by Realestate.co.nz.

Residential building consent issuance remains weak, with seasonally-adjusted dwelling consents lifting just 2.1% over December, failing to recover the previous month's 6.2% decline, says ASB Economist, Institutional Banking and Markets, Jane Turner.

The actual number of new housing approvals rose in December 2011 (compared with December 2010), but remains at a low level, Statistics New Zealand said today. Figures for December 2010 were the lowest for a December month in the 46-year history of this series.

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 140 more farm sales (+65.7%) for the three months ended December 2011 than for the three months ended December 2010.

Visitors to New Plymouth Airport in the next few weeks will see a lot of work taking place above and below ground.

Real Estate Institute of New Zealand (REINZ) data on the New Zealand housing market for December 2011 showed 5,316 unconditional sales for the month, up 919 sales (+20.1%) compared to December last year. The December transactions figure is the best December result since 2007.

There is good news for landlords across much of the country with rental demand from tenants up 13% on a year ago, according to the latest analysis of Trade Me Property's house rental listings in the three months from October to December.

Auckland has overtaken Central Otago Lakes as the least affordable region to buy a house, Massey University's latest home affordability report shows.

The Auckland housing market finished the 2011 year strongly, with the average December selling price climbing to $573,071, up 1 percent or more than $5500 on November's average price, and the second highest average sales price for the year.

New housing approvals show a gradually rising trend for the eight months to November 2011, Statistics New Zealand said today. However, numbers remain close to the recent historically low levels.

The QV price indices for December show that New Zealand residential property values continued to gradually increase, rising 2.4% over the past twelve months. Nationwide values are now 3.5% below the previous market peak of late 2007. New Zealand property values in 2011

New Zealand's major cities are heading towards a shortage of homes for sale in the New Year following a significant drop in the number of new listings that came onto the market in December, says Realestate.co.nz.

An ongoing shift to large format Mega stores and an increased national footprint are bringing results for Mitre 10 as the hardware retailer has surpassed its rivals to become the No. 1 revenue generator in the sector.

Real Estate Institute of New Zealand (REINZ) data on the New Zealand housing market for November 2011 showed 6,008 unconditional sales for the month, up 870 sales (+16.9%) compared to November last year.

An opportunity to combine a lakeside lifestyle with ownership of an established hospitality business is available in Taupo.

The QV residential property index for November shows that nationwide property values have continued to gradually increase. Values are now 1.7% above the same time last year and 4.0% below the previous market peak of late 2007.

Building activity fell 2.3 percent in the September 2011 quarter (after adjusting for price and seasonal effects), Statistics New Zealand said today. The latest quarter's fall again brings building activity to the lowest level in 10 years.

Interest in the Auckland housing market returned with a surge in November, with sales numbers increasing sharply and prices registering their largest one month increase since March.

The data released today in the NZ Property Report - a monthly report of housing market activity compiled by Realestate.co.nz - showed that there was a 18% surge in new listings coming onto the market in the month since the end of the RWC Tournament.

Building consents issued in October 2011 show more new houses being approved, compared with October 2010, Statistics New Zealand said today. Most of the increase occurred in Auckland.

Most Gisborne district properties have reduced in value since the last valuation in mid 2008. This is in line with properties throughout New Zealand. Gisborne district properties were last valued when the market was peaking and just before the start of the global financial crisis.

Housing costs have increased as a proportion of household income over the past two years, Statistics New Zealand said today.