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Latest Property Headlines

Problematic rentals, sprawling family homes, overpopulated cities, and inefficient public transport might be left behind. “Everything is going to change,” warns Shamubeel Eaqub, an economist from Sense Partners and author of ‘Generation Rent’. Gone will be the days of four- or five-bedroom houses with three bathrooms sprawled across acres of land. Instead, the future is looking compact. “Demand will really […]

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Sudima Hotels has opened a new $40 million luxury boutique hotel in Christchurch, the first new-build hotel in Christchurch since the earthquakes. Sudima Chrischurch City is a five-star luxury hotel with 86 rooms that comprises of 45 king rooms, 33 twin rooms, six apartments and two executive apartments on the top floor. Located on the corner of Victoria and Salisbury […]

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House prices are being picked to surge next year, underpinned by low mortgage interest rates and recent cancellation of capital gains tax plans. Westpac chief economist Dominick Stephens said he expected nationwide house price inflation to lift from the present 2% to 7% in 2020. While he expected “moderate” price growth in Auckland, there would […]

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More than 14,000 New Zealand homes were flipped within six months of purchase during the last property market boom. That represented less than 3% of total sales, new research by OneRoof shows. National and Labour politicians blamed “flippers” for pushing up house prices, and introduced legislation to crush property speculation. But data published in OneRoof […]

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