A year ago the Herald reported on the meth-testing industry and questioned the criteria used to pull houses apart to ‘make them safe’ to live in. We shone a light on an industry that has cost home owners lots of […]
Real Estate
64 posts
On average, 800 people arrive in Auckland every month looking for somewhere to call home. But nowhere near enough affordable homes are on the market to meet current demand. Tony Alexander, the BNZ’s chief economist says the shortage will continue […]
Trying to pick the current trend in the housing market cycle is a tough call. Will prices remain steady, rise or fall — and can a trend in one part of the country be applied to another? There’s so many […]
Dark clouds are slowly moving in on property investors, particularly recent entrants who bought during the past two years hoping to make some quick cash with capital gains. The fact is that rental income is rarely enough to cover the […]
It seems some first-time home-buyers could be holding out for a new home rather than buying an existing one. There may be a few reasons for this: they can be cheaper to buy and I expect they’ll be warmer, drier […]
Sales of lifestyle properties are on the up, according to the Real Estate Institute, with 182 more sales in the three months ended March than for the three months ended February. The median price for all lifestyle properties sold in […]
Despite the hoopla created by the previous National Government when it announced its Special Housing Areas (SHAs) legislation in 2013, little headway — if any — has been made to build a single additional home, let alone an “affordable” one.
In short, the situation in New Zealand, and other industrialized nation right now is that the financial system is shot as a direct result of fudging the issues that emerged during the 2008 global recession.
It's a mystery to me why some landlords, with a property worth hundreds of thousands of dollars, would allow it to fall into disrepair.
The Labour-led Government is to build 100,000 new homes over the next 10 years; a bold promise given the party is up for re-election in less than three years’ time. In my book, that means 30,000 homes will need to […]
Real estate prices in Auckland have been stagnant since the start of the year says ASB economist Kim Mundy. She writes this week that prices in the SuperCity have “stopped dead in the water”. I wonder why. Looking at the […]
The number of apartments listed for sale in June was almost double that of May, says Vanessa Taylor of RealEstate.co.nz. In June, 800 apartments were listed on its website compared to 453 in May.
According to Stats NZ there were more than 33,000 empty homes across Auckland in 2013. Conservatively, these properties could house more than 60,000 people.
Shocking news from the CEO of New Zealand's ANZ bank David Hisco where he essentially warns of the New Zealand housing bubble bursting.
When I got home the other night I found a note from a real estate agent saying she had buyers for properties in my street. As any Auckland house-hunter can testify, there are slim pickings at the moment — it’s something I mentioned a few months back when the trend started to emerge. But the shortage of houses for sale has become a lot worse, leaving wannabe buyers starved of choice and at least some real estate agents scratching around for something to sell.