Apartments stories
Stand-alone houses are regaining ground in Auckland and elsewhere, as Cotality's latest tool shows a patchy recovery with townhouses lagging.
Townhouses now account for nearly half of new dwelling consents, with Auckland driving most of the rise as buyers seek cheaper homes.
Tauranga’s push for taller Mount Maunganui buildings has reignited debate over whether greater density will ease the city’s housing squeeze.
Auckland and Wellington stand to gain from denser neighbourhoods, but planners say the 15-minute city model will not suit every suburb.
Investors risk overpaying for a new build if they ignore resale competition, parking needs and whether the development is oversupplied.
Buyers and sellers are returning to the market as September sales rose 5.1% year-on-year and homes sold in fewer days, REINZ said.
Home values are edging higher as first-home buyers and tighter supply lift activity in several centres, despite wider uncertainty.
Higher costs are pushing home ownership further out of reach, as New Zealand buyers favour central, higher-quality housing and amenity.
Higher interest rates and softer prices left apartment owners hardest hit, with a quarter of Q4 resales in loss and median losses at a decade high.
Higher borrowing costs have not stopped New Zealand first home buyers lifting their share of purchases to 24% as prices ease.
Tighter lending and higher mortgage costs have pushed first home buyers to a seven-year low, even as government support rules are loosened.
Sharp falls never came, but tighter credit and rising mortgage rates now threaten to turn New Zealand's Covid-era property boom into a buyer's market.
Record resale profits are still spreading nationwide, with 99.3% of homes sold in Q4 2021 making a gross gain, CoreLogic says.
Record rents are keeping first-home buyers in the market, with mortgage payments still cheaper than paying to rent for many Kiwis.
Xerocon London's first-timers' guide provides essential insights to prepare for the thrilling atmosphere of the event, which will alter one's perspective on accounting.
Rising insurance costs and labour shortages are pushing builders towards offsite steel framing, after a Michigan multifamily project sped up by 30%.
Hundreds more land estate listings aim to help Australian buyers compare new-home options and avoid costly commitments earlier in the process.
Demand for AI security systems is rising as Hakimo says its monitoring reduces incidents and guard costs for property owners.
Apartment approvals drove a February rebound in Australian homebuilding, but higher interest rates and energy costs now threaten builders' margins.
BYD Lofts Boutique Hotel sees a 15% revenue boost after deploying IDeaS G3 RMS to streamline pricing and optimise profitability amid a competitive market.