Rotorua innunated with holidaymakers

Monday 5 January 2004

It's been a bumper holiday period for the central North Island with accommodation booked out, roads jammed with traffic, restaurants

By The Landlord

packed and tourist operators run off their feet.

No vacancy signs have been out at Rotorua's motels since Christmas

Day with many people having to be directed out of town to find beds.

Motel Association president Ian Johnston said a lot of potential guests

were arriving unannounced in Rotorua, in many cases only to be disappointed.

Read More - Opens in a new window
Commenting is closed

Property News

Return to market form

There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.

House Prices

No stopping Capital price rises

There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.

Commercial

NZ proptech start-up scores major investor

Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.

Mortgages

LVR limits slow down investors

LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.

Site by PHP Developer