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Latest Property Headlines

The minister for land information said that New Zealand’s land transfer system will aim to be a world-leading solution for modern property transactions, reflecting the fact that most are now done online and make it more efficient. “The land transfer system secures people’s ownership of land and provides certainty and fairness,” Mark Mitchell said following […]

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Property valuation firm QV says that the pace of house price growth is the slowest since March 2015. New Zealand’s home values increased 8.1% in the year to June with a 1.2% gain in the past three months. The national average price rose to $639,051 which is more than 54% above the previous peak of […]

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Wyndham Hotel Group today announced its third “Ramada Suites” complex in Auckland. It is the company’s twelfth property in New Zealand. The $70 million dollar hotel features 47-rooms above the historic Cambridge clothing factory ,on the corner of 147 Victoria St West and Graham St and is due to be complete in late 2018. Local […]

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Minister Supporting Greater Christchurch Regeneration Nicky Wagner announced this morning the government’s plan to support the reinstatement of the Christ Church Cathedral . She said the government would pay $10m and offer an interest-free loan of $15m, the Christchurch City Council had offered another $10m and the Great Christchurch Buildings Trust had pledged $13.7m. That […]

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The number of apartments listed for sale in Auckland almost doubled during May according to the latest data from realestate.co.nz. The average asking price for an Auckland apartment stood at $679,170 which is down by 4.7% from the $917,250 of all residential dwellings in May. • In June, real time statistics revealed new apartment listings gained […]

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