Auckland vendors are offering a $1.2 million home for Bitcoin, in a potential first cryptocurrency property deal for New Zealand.
Auckland’s weakness is masking stronger gains elsewhere, with provincial house values rising 8.2% over the year and interest rates low.
Researchers and housing providers will use the Wellington conference to draft a rights-based strategy aimed at getting every New Zealander well housed.
Auckland households are now $96 a week worse off than a decade ago, as soaring housing and transport costs drag New Zealand's cities behind Australia’s.
Auckland's weaker market is likely to drag on national property sales, even as CoreLogic sees New Zealand prices edging up about 3% this year.
House prices in Takapuna surged 30% to NZD $1.3 million, as council-led upgrades and new apartments fuel demand in Auckland’s bayside hub.
A CBRE study says Asia Pacific tech firms are splitting operations across cities, with lower costs and R&D talent driving location choices.
CoreLogic says tighter lending and higher costs have left investors and first home buyers tied on 24% of purchases in early 2019.
A pledge to improve procurement, safety and housing supply aims to ease shortages and lift productivity across the sector.
Flexible working could slash office costs and give staff a workspace near home, as Regus pitches on-demand offices to firms.
Flexible work could cut New Zealand’s CO2 emissions by 900,000 tonnes a year and add up to NZ$18.1 billion to the economy by 2030.
More than 35 companies have joined planning for the project, which aims to make Western Sydney’s 280-hectare site a testbed for autonomous vehicles.
Sales volumes in February marked the sharpest annual fall for 16 months, even as prices kept climbing across most of New Zealand.
The project will add a 3,000sqm town square and mixed-use buildings to central Takapuna, with work expected to begin from mid-2020.
Fewer rental homes and higher rents could follow a capital gains tax, with landlords also cutting back on professional property managers.
Record-low vacancies are pushing up Wellington office and industrial rents, even as investors weigh the risk of a proposed capital gains tax.
Landlords face fines of up to USD $4,000 from 1 July, as contractors struggle to insulate 125,000 rental homes in time.
The awards highlight a pipeline of unbuilt schemes with the potential to reshape city skylines, including a GBP £1 billion Sydney tower.
The awards spotlight a €1 billion Sydney tower and other unbuilt schemes likely to reshape city skylines, transport and public space.
New Zealand property investors remain upbeat despite a proposed capital gains tax, with Colliers finding prices and confidence still broadly positive.
