Author Curreen

Design
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Studio DB’s work for Ngāti Hine Health Trust has received a coveted Bronze Pin at the 2023 Designers Institute of New Zealand Best Design Awards and is a finalist in the 2023 Interior Awards The Best Design Awards is an annual showcase of excellence in graphic, spatial, product, digital and motion design along with three special awards – Value of Design, Public Good and Toitanga. Continue →
Property Trends
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The volume of potential offshore buyers interested in New Zealand properties is continuing to grow, luxury real estate agent Caleb Paterson says, with one planning to invest $50 million into the country once National’s foreign buyer policy is implemented Word is spreading around the world about the proposed change to Government policy and the wider economic benefits of a post-election influx of wealthy migrants could be far greater than the revenue from the 15% foreign buyers’ tax. Continue →
Property Trends
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REINZ’s September 2023 figures show more activity in the spring property market, with prices stabilising, sales counts rising and properties selling in fewer days, Chief Executive Jen Baird says September shows the ‘green shoots’ from previous months are continuing to grow.  Continue →
Property Trends
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While the market remains largely flat overall, with the average home value increasing by just 0.9% in the September quarter to $899,256, the latest QV House Price Index shows small green shoots of recovery spreading throughout much of the country Twice as many of the main urban centres we monitor experienced positive home value growth in the September quarter than in the August one, with Invercargill (3.2%), Auckland (1.6%), Wellington (1.5%), and Queenstown (0.9%) heading a list of ten. Continue →
Housing
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While the New Zealand housing crisis is not over and higher interest rates are leading to lower house sales and new consents, a positive story is emerging in the burgeoning Build to Rent sector, Better things are possible’s Malcolm McCracken writes The Ministry of Housing and Urban Development defines Build to Rent housing as “a type of medium to high-density residential development, specifically built to provide long-term rental housing.” Continue →
Rental
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Public housing tenants have higher levels of wellbeing than private sector tenants, similar to that of owner-occupiers, new research finds Released by Motu Research, the findings show length of tenure in a person’s current house explains much of the difference between public and private tenant wellbeing. Continue →
Property Trends
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In an analysis of 924 suburbs throughout the country, 269 of them saw values rise over the three months to September, more than double the number of suburbs where values increased over the three months to June, CoreLogic NZ Chief Property Economist Kelvin Davidson says Signs of a turning point in Aotearoa New Zealand’s property market are on the rise as a growing number of suburbs record an increase in home values over the past three months, CoreLogic NZ’s interactive Mapping the Market tool indicates. Continue →
Housing
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A 0.75% tax on urban residential land as proposed by the Opportunities Party (TOP) to help fund income tax relief could come with the added benefit of helping solve New Zealand’s housing shortage The value of land is collectively and publicly created, Strong Towns’ Rick Rybeck writes. Continue →
Property Trends
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Seller confidence is returning and we can expect a more normal spring ahead for the property market, REINZ Chief Executive Jen Baird says following the release of August’s statistics The Real Estate Institute of New Zealand’s (REINZ) August 2023 figures show continued optimism and further activity in the property market. Continue →
Housing
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Following an extended period of elevated development activity across New Zealand, Colliers expects new building construction to fall to its lowest levels since the Global Financial Crisis within the next 12 months A confluence of mounting challenges has resulted in a marked slowdown in development activity over recent months. Continue →
Property Trends
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Real estate agency Paterson Luxury is reporting a surge of enquiries from Europe, the US and Asia following the National Party’s announcement that it would allow overseas buyers to purchase properties upwards of $2 million and tax those transactions at 15% Caleb Paterson of real estate agency Paterson Luxury, says news of the policy reached buyers in offshore markets almost immediately, triggering a surge in calls to his firm. Continue →
Training & Management
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In the last election, more than 200,000 New Zealanders’ votes did not count toward the final result – an independent review is expected to call for changes which will give more people a voice in parliament The discussion and debate of different views are a healthy part of democracy, so when some views are not represented in parliament, this can give rise to unrest and division. Continue →
Construction
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Waihanga Ara Rau, the Workforce Development Council for Construction and Infrastructure, has published its Statement of Strategic Direction (SSD) outlining what it intends to achieve for the sector over the next five years The Waihanga Ara Rau SSD outlines a focused and collaborative approach to shaping the future of Aotearoa, by strengthening the construction and infrastructure industry workforce. Continue →
Commercial
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JLL explores what is happening across New Zealand’s biggest cities in the office, retail and industrial and logistics markets Office The gulf between prime and secondary office space for lease continues to widen as tenants and employers seek properties that are better equipped to attract and retain the best talent in the market. Continue →
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