Apartments stories
Statistics NZ said smaller standalone houses and more multi-unit builds have pushed the average floor area of new homes down 21% in a decade.
House price growth is expected to remain modest as easing lending conditions and strong migration support demand, but listings stay tight.
Top-end flats are showing some weakness, even as most apartment prices move broadly in line with the wider property market.
Auckland Council has approved a 3,200sqm town square in Takapuna, paving the way for a $7 million revamp of Anzac Street carpark.
New dwelling consents are still climbing despite labour and materials constraints, with Auckland’s smaller homes now outpacing standalone houses for the first time.
It will add 226 apartments and a 233-room hotel to downtown Auckland as demand for CBD homes outstrips supply, with completion due in 2024.
Property demand in Auckland and Queenstown has softened after the ban, with foreign purchases plunging 81% in the first quarter.
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.
Higher density housing could help Auckland grow without more sprawl, as research at Hobsonville Point links walkability and amenities to liveability.
Generation X buyers are drawn to Point Ridge in Albany because its shared pools, gym and common areas foster a stronger sense of community.
Pre-election uncertainty barely dented residential sentiment, with a survey showing house price expectations holding steady across New Zealand.
New home approvals edged higher nationwide, with Auckland still dominating even as Canterbury's post-quake rebuild boom faded.
Housing shortages, leaky homes and soaring land costs are forcing New Zealand to rethink design, building methods and quality.
Christchurch investors are being offered a rare premium office asset with 92 per cent occupancy and annual net income of NZD $3.3 million.
Potential for apartments or offices could lift the value of Napier’s art deco landmark, which is going to auction after 105 years.
DORA's 2019 report highlights that elite DevOps teams are vastly more effective, while rigid processes leave large enterprises stuck in organisational trauma.
Slingshot and Consumer NZ have finalised an agreement to provide more affordable services to elderly UFB customers in Wellington.
The Sims 2: Apartment Life is the eighth expansion pack to The Sims 2, the moderately successful virtual reality simulation game.
A smart wireless telephony network delivered by Delion, has enabled Alex Perry to open his new multi-million dollar Hotel and Apartments quickly.