Southland stories
New Zealand’s median house price climbed by NZD $100,000 in October, with 10 regions hitting record highs amid tight supply and strong demand.
Lockdown has not cooled demand, with New Zealand house prices hitting another record as spring listings are delayed and buyers stay active.
New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.
Cheaper provincial suburbs have driven New Zealand's property boom, with Manunui up 51.8% and Hargest selling in just six days.
Record-low inventory is pushing New Zealand house prices higher, leaving first-time buyers with fewer affordable options.
Sales fell by more than 2,500 from March as investors and first-time buyers took a wait-and-see approach to tighter lending rules.
Investors in Manawatu/Wanganui saw 25.3% capital gains and 4.0% yields, making it the country’s standout residential market.
Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.
New Zealand’s housing market remained brisk in January despite a modest month-on-month price fall, with sales and auctions both at multi-year highs.
A shortage of homes for sale is fuelling record house prices and leaving buyers with fewer options, despite the busiest November in 13 years.
More than 600 new homes are planned for a 70-ha Invercargill site, with developers saying the project could ease pressure on buyers.
Listings fell to record lows as buyers pushed Auckland’s median house price to GBP £1 million and nationwide sales hit a 14-year October high.
Record house prices and strong sales are fuelling doubts over Treasury’s forecast of a 5% fall by June next year.
Quality controls and flexible production have helped a South Island dairy plant hit world-class hygiene results and win export approvals.
A New Zealand dairy plant is already beating hygiene benchmarks, with microbial results far below accepted limits after its first season.
House prices and sales have climbed to four-year highs in New Zealand, despite earlier fears of a post-COVID downturn.
New transmission upgrades and extra storage will be needed as the smelter’s exit frees up 12% of New Zealand’s electricity, experts say.
Consumers faced an extra USD $80 million bill as the Electricity Authority found Meridian’s spilling also raised emissions and fossil fuel use.
Property sales jumped in May as lockdown eased, but volumes remained 46.6% below a year earlier and days to sell hit record highs.
New Zealand house prices climbed to a record high in April even as lockdown froze the market and sales volumes plunged 78.5%.
