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