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Property

Sir Bob Charles selling Canterbury farm

Legendary Kiwi golfer Sir Bob Charles is selling one of his Canterbury farms. The 102 hectares of free draining, fertile land is at Oxford - some 40 minutes drive west of Christchurch.

Breakthrough land sale at Hamilton Airport

Hamilton International Airport has greeted news of the sale of a large block of land on the airport precinct as having the potential to be a major catalyst for growth and development in the region.

Auckland Council revaluation endorsed by Valuer-General

Auckland Council revaluation endorsed by Valuer-General
The Valuer-General, Neill Sullivan, today certified the 516,000 property values set by this year's Auckland Council revaluation.

Rural sales rising steadily

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 93 more sales (+56.7%) for the three months ended September 2011 than for the three months ended September 2010.

Cities drive drop in rental listings

National rental supply is down 7% on a year ago, driven by significant drops in the number of properties listed in Auckland, Wellington and Christchurch according to Trade Me Property's analysis of the September quarter.

Rilean evolution homes start a living 'revolution'

Healthy, affordable and energy-efficient living is the lifestyle choice of the future in Queenstown, New Zealand, with the success of locally designed and built sustainable homes.

National property values continue to rise

National property values have continued to gradually rise according to the QV residential property index for September.

Figures suggest house supplies low

The September REINZ house sales data suggest the housing market continues to be supply constrained. While there was a 4.7% decline in nationwide housing turnover on a seasonally-adjusted basis, the median number of days taken to sell a house continues to edge lower.

Property sales rise in September

Real Estate Institute of New Zealand (REINZ) data on the New Zealand housing market for September 2011 showed 5,235 unconditional sales for the month, up 912 sales (+21.1%) compared to September last year.

Charities set to benefit from land sale

Two life-saving charities which rely heavily on the goodwill of the community and volunteers to deliver their services are poised to receive personal donations.

Further Queenstown development may be considered

The Queenstown Lakes District Council's Strategy Committee will be asked to consider a recommendation to accept in part a plan change that could see a significant area of rural zoned land west of Queenstown developed for residential use, QLDC general manager policy and planning Philip Pannett sai

High-end sales lift Auckland house values

Bringing Spring forward 'one month' has contributed to the significant lift in the average selling price of Auckland homes in September which reached $547,883, the highest monthly average price for six months.

Dunedin approval confirms Summerset growth targets

Summerset Group's growth is continuing after resource consent for a retirement village worth more than $60 million has been granted for Dunedin.

Auckland Council achieves major accreditation

Auckland Council has received Building Consent Authority Accreditation from IANZ (International Accreditation New Zealand), empowering the new entity to issue building consents and provide other building related services consistently across Auckland.

Over 200 eligible for leaky homes aid

More than 200 owners of leaky homes have qualified for $23 million in assistance under the Leaky Homes Financial Assistance Package, of which $18 million is from the Government and $5 million from local councils, Building and Construction Minister Maurice Williamson said today.

Auckland's real estate worth $354 billion

Auckland's real estate worth $354 billion
The total capital value of Auckland's real estate is worth $354 billion, following the first Auckland Council revaluation of 516,000 properties region-wide - the largest revaluation ever undertaken in New Zealand.

Asking prices rise as surge of new listings hits property market

The average asking price for New Zealand properties for sale jumped significantly in September, signalling that seller confidence is continuing to grow as the traditional Spring surge of new listings arrived on the market.

Entry Level Gala Auction a hit with first home buyers

Harcourts Holmwood held an Entry Level Gala Auction on Thursday evening (29th September) at The Russley Golf Club with listings suitable for the first home buyer or investor.

Strong rise in building consents

The number of new homes approved in August 2011 shows a strong seasonally adjusted increase for the second consecutive month, Statistics New Zealand said today. This is true whether apartment numbers, which tend to vary a lot each month, are included or not.

Iconic vineyard on market for the first time

Described by London's Wine International Magazine as: "One of the most achingly beautiful and dramatic places a vineyard has ever taken root" and "World Class" by USAToday, America's leading national newspaper, Waiheke Island's Te Whau Vineyard has been placed on the market for the first

Rotorua property values fall 12%

New rating valuations for all properties in Rotorua District have been completed and will start arriving in the letter boxers of property owners next week.

Rebuild Canterbury homes for sustainability - NZGBC

Bettering Canterbury's housing stock for greater sustainability should be a key pillar in any rebuilding planning, says the CEO of New Zealand Green Building Council (NZGBC).

Housing market subdued - report

Cautious buyers and determined sellers combined with very low rates of new construction are leaving the housing market subdued, Massey University's latest Home Affordability report shows.

Steel industry opposes building height restrictions in Christchurch

New Zealand's structural steel industry has joined others in expressing concerns about building height restrictions proposed in inner city Christchurch.

Selwyn property demand continues

Demand for property in the Selwyn District continues despite house sales being lower than for the corresponding year period last year, the latest economic monitoring report shows.

Development mooted as future for public camp ground

A seaside camping ground which brought decades of summer holiday memories to thousands of holiday makers is on the market for sale - and observers are predicting the prime piece of coastal real estate will revert into private ownership.

Property buyers and sellers must check fires

With spring in the air and the property market heating up Rotorua property buyers are urged to remember that a new rule banning the selling of homes with open fires and non-compliant solid fuel burners starts next year.

Annualised rural sales volumes rise

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 73 more sales (+38.0%) for the three months ended August 2011 than for the three months ended August 2010.

Summerset continues southern expansion

Summerset Group has received Overseas Investment Office approval for the purchase of the former Gracefield Living retirement village in Nelson. The village will be the leading retirement village operator and developer's 13th functioning village. It's first in the South Island.

Rising sales volumes key feature of August real estate market

Real Estate Institute of New Zealand (REINZ) data on the New Zealand housing market for August 2011 showed 5,192 unconditional sales for the month, up 905 sales (+21.1%) compared to August last year.

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