Browsing: Property Trends
The development market has undergone significant shifts over the past 12 months, and 2018 is expected to see these changes solidify with constraints on liquidity and changing buyer demographics becoming the norm over the next 12 months
Record heat sees year-on-year sales volumes lift
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 →
‘Highest hotel in New Zealand’ offered for sale
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 →
Focus on core space a key office trend for 2018
Mobile tech will continue to disrupt workspaces, say office experts
Office occupiers will increasingly draw a distinction between their ‘core’ and ‘flexible’ space needs as mobile disruption continues to reshape workplaces in 2018, office experts say. Continue →
Bounce in NZ commercial property market expected
Office, industrial and tourism growth predicted to continue in 2018 says Colliers International NZ CEO Mark Synnott. Continue →
Strong end to 2017, with house prices up in December
Tauranga may have taken Auckland’s place as New Zealand’s most unaffordable city in the latest Demographia survey but house prices are creeping up across the country REINZ research indicates
Median house prices across New Zealand rose by 5.8% year-on-year to $550,000 – up from $520,000 in December 2016 and median prices for New Zealand excluding Auckland increased by 6.6% to $450,000 (up from $422,000 in December 16) according to the latest data from the Real Estate Institute of New Zealand (REINZ). Continue →
Architectural firm Penda, in collaboration with car manufacturer Mini, have unveiled a new small living concept, the Urban Nest
Short-term support for Auckland/Sydney commercial property
Commercial property market sentiment across Oceania has moderated significantly in both Australia and New Zealand but headline momentum still remains modestly positive, according to the RICS third quarter survey. Continue →
Christchurch Earthquake Restoration Scores UNESCO Recognition
The meticulous heritage restoration of two buildings receives recognition for cultural heritage conservation. Continue →
Drury centre stage with infrastructure support
The South Auckland settlement of Drury is quickly becoming the major centre of development activity in the Auckland region with over $2 billion of infrastructure and numerous developments planned. Continue →
Better yields for Investec in New Zealand property
The Investec Australia Property Fund has bought its first New Zealand property, paying $111 million for Wellington’s tallest building — The Majestic Centre in the New Zealand capital’s “Golden Mile”. Continue →
Nice idea but knock out the road blocks
Leading property players seek solutions to systematic road blocks if the government hopes to achieve Kiwi Build targets. Continue →
Medium-density housing badly needed but badly understood
In the future, living in medium-density housing in Auckland, Wellington and Christchurch may become as common as in Sydney or London. Continue →
Curbs on China flight capital to property havens
There are plenty of politicians who would like to claim credit for cooling the New Zealand property market but the truth may be that the plaudits belong to the Chinese government itself. Continue →
Still not enough to go around in year to October 2017
The value of New Zealand’s commercial property sales so far this year is lower than recent years, but this isn’t a surprise, says the November Research Report from Colliers International. Continue →
The rise of workspace on demand
In the past 12 months the global hybrid and co-working office space market has grown by 18 percent. Continue →
New tool estimates if solar panels are economic
A new tool is available to help Auckland households and businesses work out whether it makes financial sense to install solar panels on their roofs. Continue →
New construction technologies on the horizon
The construction sector has the lowest productivity gains of any industry according to international management consultants McKinsey. Continue →
Residential prices rise despite challenging conditions
Median residential property prices across New Zealand have increased by 1.2 per cent year-on-year to $525,000 according to the latest data from the Real Institute of New Zealand (REINZ). Continue →