National home values have edged up 0.5% this quarter, but most cities are still below year-ago levels as demand stays patchy.
New building consents are set to fall to their lowest since the Global Financial Crisis as higher rates, costs and tighter lending squeeze projects.
Enquiries from wealthy offshore buyers have surged, with agents predicting a flood of luxury property money if the policy is introduced.
More than 225,000 votes were left without parliamentary representation in 2020, prompting calls to lower the party vote threshold.
Vacancies fell and rents rose in key centres as demand for quality office, retail and industrial space stayed firm across New Zealand.
The five-year plan aims to tackle workforce shortages, lift training standards and strengthen Māori participation across the sector.
Homes could cost slightly more to build, but lower energy bills and emissions are expected as Australia lifts its NatHERS bar to seven stars.
The sector’s productivity push is set to gain momentum as a new hub offers construction firms tools and support to scale up.
Borrowers facing repricing will welcome a stable OCR, with the Reserve Bank now signalling cuts may not come until early 2025.
Schneider Electric appoints Louise Monger as a member of Chief Executive Women, recognizing her leadership in the industry. #genderadvancement.
Buyer activity is lifting sales, but thin stock and election jitters are keeping many sellers off the market, REINZ says.
The sale could draw strong investor interest, as the landmark Queen Street site brings in GBP £2.68 million a year and is fully leased.
Owners and builders could gain a faster, clearer process if MBIE’s overhaul reduces conflicting consent rules and delays across the sector.
Offshore demand is fuelling more lavish additions to New Zealand's priciest homes, from gold taps to hidden bars and high-tech wardrobes.
Buyer confidence is expected to lift mover activity in the coming quarters, but high mortgage rates may keep house moves subdued for now.
The council will reuse a fabric rail system on the Waiōrea Community Recycling Centre roof, avoiding single-use plastic during remedial works.
Developers face 16 new minimum tests under a consultation that could reshape New Zealand green building certification from mid-2024.
Manufacturers and importers will soon have to publish product details online, as New Zealand tightens rules to help builders meet the Building Code.
Sales rose 14.6% year on year in June, but fewer new listings left buyers facing a tighter market as sellers held back.
Rising material costs and labour shortages are squeezing margins, yet many mid-sized firms are still investing to protect future growth.
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