Property News

Supreme Court dismisses price-fixing appeal

Two Hamilton real estate agencies have lost their long-running battle with the Commerce Commission over allegations of price-fixing.

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Auckland market booming before lockdown

The Super City’s housing market was in full recovery mode with strong sales and a rise in listings, but the Covid-19 lockdown has stopped it in its tracks.

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Uncertainty set to plague 2020’s market

New data from both QV and Realestate.co.nz shows the housing market was performing strongly prior to the Covid-19 lockdown – but there’s no escaping the question of what it will do now.

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Covid-19 will impact on building activity

New dwelling consents hit a 45 year high in the year ending February 2020 – but that was before the Covid-19 crisis hit.

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Landlords’ plea: don’t unfairly target us

There are growing concerns among many landlords about unreasonable expectations from tenants, and the Government, in relation to rent during the lockdown.

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Covid-19 crisis: what landlords need to know

[UPDATED] The Covid-19 crisis means that New Zealand is now in a State of National Emergency and the nationwide lockdown begins tonight.

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Freeze on rent rises introduced - temporarily

The Government has introduced a freeze on rent increases on residential rental properties as part of the economic measures announced in the fight against Covid-19 and its impacts.

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ASB slashes house price forecasts

House price growth will drop away to zero over the coming year, according to ASB who have cut their forecasts in response to the coronavirus crisis.

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What coronavirus means for property investors

Welcome to Fortress New Zealand. The coronavirus crisis means that strict travel bans are now in force and a recession is expected. So what does that mean for property investors going forward?

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Housing market powers on – for now

New Zealand’s housing market resurgence is showcased in new REINZ data which has the national median price at a new record and sales at a four-year high.

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Affordability under pressure - ASB

Expectations that house prices will rise are at a three-year high but that means less people think now is a good time to buy a house.

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SuperCity sales soar up

Auckland sales activity soared back to life in February with Barfoot & Thompson recording its highest number of sales in five years.

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Drop the quarter-acre dream to address supply shortage

There’s been no change to the shortage of houses for sale nationwide and that’s keeping asking prices high in markets around New Zealand, the latest Realestate.co.nz data shows.

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Tenancy reform submissions due March 25

Worried about the government’s tenancy law reforms? You’d better speak up soon because there’s under a month to make a submission on the legislation.

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The new face of the NZPIF

There’s been a changing of the guard fronting the NZ Property Investors Federation (NZPIF), with the current president taking over as executive officer from Andrew King.

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