Author Curreen

Property Trends
0

It’s harder now to get a mortgage than it has been at any point since the financial markets were deregulated in the 1980s under Prime Minister Robert Muldoon, says economist Tony Alexander Diana Clement & Tony Alexander – OneRoof Mortgage brokers are reporting that clients who thought they had finance in the bag are being refused, sometimes after going unconditional on purchase. Continue →
Construction
0

Construction insolvencies made up a quarter of all business insolvencies in the country, spurred further by construction cost rises due to increased demand and supply shortages, the Australian Constructors Association finds Renee Mckeown – The Urban Developer More needs to be done to increase productivity and reduce insolvencies before Australia’s infrastructure activity doubles to the projected $52 billion in 2023. Continue →
Property Trends
0

CoreLogic’s December House Price Index closes out a record year, with 27.6% growth over the full calendar year and the average home value now exceeding $1m for the first time, but change could be on the way, says CoreLogic NZ Head of Research Nick Goodall With the average house price in New Zealand now sitting at $1,006,632, 2021 was truly a remarkable year in the property market. Continue →
Property Trends
0

Property prices climbed further in November and early signals suggest this growth will continue, though more moderately, according to the latest data from the Real Estate Institute of New Zealand (REINZ) Median prices for residential property across New Zealand increased by 23.8% from $747,000 in November 2020 to $925,000 in November 2021 — a new record high. Continue →
Property Trends
0

The signs that the total stock of listings on the market has embarked on a firm upwards trend are becoming much clearer, says CoreLogic Chief Economist Kelvin Davidson Across NZ as a whole, total supply is still relatively tight, but some key areas, such as Dunedin and Wellington, are loosening quickly. Continue →
Construction
0

The adoption of 4.0 technologies in the construction industry will boost productivity and increase wages by billions, BERL research finds Dr Troy Coyle, HERA Chief Executive Construction 4.0 is the name applied to the technologies that are driving the next great industrial revolution, as applied to the construction sector. Continue →
Construction
0

CHASNZ has released a set of new protocols for the construction industry once New Zealand enters the new Covid-19 Protection Framework on December 3 A construction industry advisory group revised the previous COVID-19 Alert Level system construction protocols in response to the Government’s recently announced COVID-19 Protection Framework – also known as the Traffic Light system. Continue →
Design
0

Competition for the 2021 Supreme Award was fierce, with 109 properties from around the country vying for the top accolade, but in the end it was Auckland’s new 180m skyscraper that took home the award Precinct Properties’ landmark 97,500 sqm PwC Tower, part of the mixed-use Commercial Bay development, has won the Supreme Award at the 2021 Property Council New Zealand Rider Levett Bucknall Property Industry Awards. Continue →
Training & Management
0

Kiwi Property reported a 164% increase in net profit in the last six months as it looks at breaking ground on new developments, launching a new asset class and identifying new funding streams Kiwi Property today announced its interim financial result for the six months ended 30 September 2021, reporting an increase in all key operating metrics on the prior comparable period, including growth in income, profitability, asset values and interim dividend. Continue →
Construction
0

For over eighteen months, the construction sector has experienced unprecedented project delays, budget blowouts, and shortages of labour, says Rob Bryant InEight EVP of APAC Rob Bryant In Australia, construction site closures in New South Wales have contributed to timeline overruns, in addition to costing the building sector a conservative estimate of $1 billion per week in that state alone.    Continue →
Property Trends
0

In the 25-year history of CoreLogic’s Pain & Gain data series, never before have more resellers (in proportional terms) made gross profits, says CoreLogic NZ Chief Property Economist Kelvin Davidson New Zealand’s property owners continued to achieve considerable gross profits from the resale of their home or investment property in the three months to September 2021 (Q3), largely due to low levels of supply on the market, high demand and attractive mortgage rates. Continue →
Construction
0

A new study highlights the challenges we currently face around construction material supply and what needs to be done to overcome these challenges, says New Zealand Infrastructure Commission Chief Executive Ross Copland New Zealand faces challenges in meeting demands for key construction materials for infrastructure, with a risk of delays to major projects. Continue →
Property Trends
0

September’s house price dip may have just been an anomaly as New Zealand’s median house price shot back up by $100,000 in October, REINZ data finds “Despite some officials in Wellington doing their best to talk down the real estate market, it remains incredibly strong with summer now looking decidedly up,” says Century 21 New Zealand Owner Tim Kearins. Continue →
Construction
0

New Otago University research reveals that New Zealand’s construction workers are more than two times more likely to die by suicide than the rest of the workforce, but one group has achieved global recognition in trying to turn things around While construction workers make up about 9.5% of all workers, the study found that between 17.3% (2010/11) and 29.7% (2018/2019) of those who died by suicide in New Zealand were employed in the sector. Continue →
Construction
0

An upcoming state-of-the-art office building in Dunedin will be the case study for new safety trials, aimed at lowering the high number of workplace accidents in the building industry The construction industry represents 8% of the workforce, but accounts for more than 16% of ACC work claims, at a cost of $158 million annually. Continue →
1 … 12 13 14 15 16 … 39