New Zealand home-build prices are still climbing, but only 0.3% this quarter as supply-chain pressures ease and labour shortages moderate.
More than 5,000 residential property managers in New Zealand could soon face minimum standards under a bill backed by REINZ.
More homes are coming to market, but cautious buyers and slower winter-style activity have kept January sales below expectations.
Stronger planning rules are still needed to stop homes being built on land prone to landslides and coastal erosion after Cyclone Gabrielle.
New waves of Covid and other viruses are forcing businesses to revive safeguards as hot-desking and caution fatigue raise workplace risks.
New Zealand’s housing recovery gathered pace last quarter, with national average prices up 2% and only Invercargill recording a fall.
Lower interest rates and firmer buyer-seller pricing are expected to lift commercial property sales after a weak 2022-23.
Central Otago Lakes District’s average asking price has jumped 19.3% year on year, underscoring a lifestyle-driven surge in regional demand.
A new global standard could give builders and lenders a common way to compare a building’s whole-life greenhouse gas emissions.
Sales activity picked up in December as lower days to sell and firmer prices signalled the property market may be moving into a more positive phase.
Pressures on supply chains and builder capacity are easing, with annual residential construction cost growth falling to a seven-year low.
Falling asking prices and fewer new listings pushed the total value of homes for sale down nearly a quarter, data from realestate.co.nz showed.
Free guidance aimed at aligning digital strategies and BIM processes is now available to construction and infrastructure firms in New Zealand.
Five Paerata Rise builders placed in the top 100 nationwide, with Capital Homes taking first at the 2023 Registered Master Builders Awards.
National new listings fell to a 16-year low in December, but Coromandel bucked the trend with a 21.9% rise.
Auckland construction boss Grouting Services has been fined after an improvised beam removal method left a 21-year-old worker dead.
More than 1,500 workers and shoppers will flow into Commercial Bay each day as Deloitte moves into its new waterfront offices.
Sales and new listings jumped in November, with REINZ saying the housing market is showing signs of renewed confidence ahead of Christmas.
Extra Sydney Metro West stations could unlock tens of thousands of homes, with a Rosehill proposal alone centring on 25,000 new dwellings.
Taxpayers could face higher costs after New Zealand's first criminal cartel prosecution was filed over alleged bid rigging on Auckland projects.
