Browsing: Property Trends

Property Trends
0

The $23.3 million sale of a seven-storey commercial building on Auckland’s K’Road shows offshore investor appetite for CBD properties with solid fundamentals remains strong The sale of 75 Karangahape Road is the third substantial Auckland CBD transaction involving overseas buyers within the last month. Continue →
Property Trends
0

Confidence in New Zealand’s residential property market is now higher than before last year’s election, with house price increases expected in every market surveyed Colliers International’s latest quarterly Residential Property Market Outlook Survey found overall sentiment in the residential property market has continued to track upwards this year, gaining 8 percentage points in the last quarter. Continue →
Property Trends
0

A year-on-year price increase of $27,000 has seen New Zealand achieve a new record median house price of $562,000 – a 5.0% increase – according to the latest data from the Real Estate Institute of New Zealand (REINZ)   Median prices for New Zealand excluding Auckland increased by 5.8% annually to $455,000, up from $430,000. Continue →
Finance
0

Foreign investment at the top end of New Zealand’s commercial property market has ramped up significantly in the last year, a new analysis has found iStock Colliers International’s Capital Markets team has analysed the last three years of commercial property transactions in New Zealand with a value of $50 million and over. Continue →
Property Trends
0

The number of properties sold in April 2018 across New Zealand increased by 6.6% compared to the same time last year, according to the latest data from the Real Estate Institute of New Zealand (REINZ)   Some 6,368 houses were sold across the country in comparison to 5,973 in April 2017, marking the highest year-on-year increase in the real estate industry in 23 months. Continue →
Property Trends
0

Colliers International’s March quarter surveys on Commercial Investor Confidence and House Pricing were significantly more positive than the December 2017 surveys, back up to around September 2017 levels Overall Colliers Commercial Confidence index, countrywide, rose from 18 percent in December 2017, to 25 percent in March 2018. Continue →
Property Trends
0

The median house price for New Zealand rose 1.8% in March 2018 to reach a new record high of $560,000 up from $550,000 in March 2017, according to the latest data from the Real Estate Institute of New Zealand (REINZ) Median prices for New Zealand excluding Auckland increased by 6.2% year-on-year to a record high of $460,000. Continue →
Property Trends
0

A housing development with onsite amenities in Albany is finding favour with Generation X, says McConnell Property General Manager, Nigel Richards Point Ridge in Albany is a master planned community comprising 139 terraced homes/villas, four apartment blocks, two resort style pool complexes and a gym/community area Of the 21 homes remaining for sale at Point Ridge, there has been particularly strong demand from Generation X buyers. Continue →
Property Trends
0

Sales volumes across New Zealand rose when compared to the same time last year for the first time in seven months according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand The hottest month on record saw the number of properties sold in New Zealand during January 2018 increased by 2.7% when compared to January 2017 (4,366 up from 4,251). Continue →
Property Trends
0

One of New Zealand’s most iconic alpine resorts is being offered for sale through Colliers International The Skotel Alpine Resort in the Whakapapa Alpine Village at the base of Mount Ruapehu is being marketed for sale by Colliers International Broker Mathew Gibbard and Hotels National Director Dean Humphries. Continue →
1 2 3 9