Author Curreen

Training & Management
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The Royal Institution of Chartered Surveyors’ (RICS) quarterly Construction and Infrastructure Surveys continue to show that while construction and infrastructure workloads have increased growth across New Zealand, an acute skill shortage is creating bottlenecks that threaten the viability of the sector New Zealand needs a skilled, sustainable construction workforce to ensure the sector has the people it needs now and into the future, with estimates that the construction industry will need an extra 50,000 workers by 2022. Continue →
Property Trends
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Median house prices across New Zealand increased by 8.6% in November to a new record high of $630,000, up from $580,000 in November 2018, according to the latest data from the Real Estate Institute of New Zealand (REINZ) Median house prices for New Zealand excluding Auckland increased by 10.3% to a new record high of $535,000, up from $485,000 in November last year. Continue →
Property Trends
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On the back of strong population growth and only modest increases in its dwelling stock, average property values in Dunedin continue to grow by 15% or more annually, CoreLogic Senior Research Analyst Kelvin Davidson observes Dunedin’s residential property market continues to boom, with average values up by 17% over the past year alone (or nearly $74,000) and by 73% (roughly $214,000) since the upswing began in early 2015. Continue →
Property Trends
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The signs of an upturn in the housing market have become clearer in the past few weeks, though you wouldn’t yet pick it from sales volumes comparisons, but a big reason for that is that there remains a lack of listings on the market, explains CoreLogic Senior Research Analyst Kelvin Davidson Well we’re almost at the end of another busy and fascinating year for NZ’s property market, one that’s involved plenty of legislative changes (and some high-profile about-faces, e.g. Continue →
Design
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Greenwalls work exceptionally well at minimising the effects of the concrete jungle associated with urban infrastructure, while improving social and economic value, says The Greenwall Company Founder Mark Paul Greenwalls in the home Indoors or out, a greenwall in the home not only beautifies the space, it also improves the air quality, provides insulation and improves the mood of each member of the household. Continue →
Property Trends
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The New Zealand housing market showed further signs of strengthening across the board in October with all main urban areas experiencing a lift in property values, CoreLogic New Zealand’s Head of Research Nick Goodall observes   The CoreLogic QV House Price Index showed that nationwide, average property values rose by 0.4% in October and the annual growth rate increased from 2.4% to 2.8%. Continue →
Property Trends
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Listings in Auckland have generally started to tighten in recent months, and this has helped values to flatten out in the past 2-3 months, however not all areas will have seen this, and continued underperformance (in terms of values) wouldn’t be a surprise in suburbs where listings rates are high, says CoreLogic Senior Research Analyst Kelvin Davidson Auckland’s property market has been pretty subdued for about three years now, with sales volumes low and average values drifting downwards (see the first chart). Continue →
Commercial
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The new Westfield Newmarket, Auckland which opened in early October, has set a new standard in food and hospitality for New Zealand with its suite of modern cafes, food stores, The Eatery Food Hall and the amazing Rooftop On Broadway The Urban Developer The “jewel in the crown” of the development, the centre’s dining and entertainment offer is a design driven dining destination for the entire family. Continue →
Property Trends
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While there doesn’t seem to be anything too major in the pipeline that would throw off the steadiness of the market, there are some important milestones to watch out for in the final few months of the year, says CoreLogic Senior Property Economist Kelvin Davidson Starting off with the macroeconomic environment, the news remains supportive for the property market. Continue →
Housing
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New research on the link between damp housing and children’s respiratory health supports Asthma and Respiratory Foundation NZ’s assertion that there is a strong need for proper housing for all New Zealanders, says Chief Executive Letitia O’Dwyer This research, led by, Dr Tristram Ingham, a Senior Research Fellow at the University of Otago, Wellington, shows that reducing exposure to poor quality housing could cut the number of hospital admissions for under-twos by 1,700 (19 percent) a year, and lead to healthcare savings of almost $8 million. Continue →
Development
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Smart has become the new normal as urbanisation accelerates and vertical living tenancy demands continue to increase The Urban Developer In response, new property developments are accelerating to support urbanisation, driving increased environmentally sustainable design, renewables, gigabit fibre, proptech, AI, IoT sensing and automation for more efficient and smarter properties for smart cities. Continue →
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