Latest Property Headlines

Property Institute chief executive Ashley Church expects housing rents to increase rapidly in the next two years – an issue which will overtake high house prices as a far larger problem. “The cost of renting will continue to rise and this will replace the cost of housing as the number one housing issue in 2018,” he […]

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The 90-day trial will go and meal breaks will return for most Kiwi employees under changes to the employment law brought in by the new Government. The Government will ban 90-day trial periods for any business with more than 19 employees as part of the overhaul. The controversial fire-at-will scheme, introduced by the last government, gave employers the […]

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Tauranga has outranked Auckland to be New Zealand’s most unaffordable city, where residents can expect to fork out 8.8 times their annual household income to buy a home. Demographia’s 14th International Housing and Affordability Survey showed Auckland was slightly more affordable than it had been in previous years, moving from the world’s fourth most unaffordable city to the ninth on […]

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The number of Wellington available rentals have plummeted to a record 70%. Head of Trade Me Property Nigel Jeffries said “We haven’t seen anything like this before, it’s quite unusual,” “It’s a record drop as far as our records go back.” Trade Me’s data shows the number of listings remains around the same, but properties are […]

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