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New Zealand property resale losses hit 14-year high
Real estate

New Zealand property resale losses hit 14-year high

Almost half of apartments were resold at a loss as weaker market conditions pushed New Zealand's loss-making property sales to their highest since 2012.

By Mara Sugue • 4 min read • Today
Brickflow data shows strongest lender appetite in North West
Real estate

Brickflow data shows strongest lender appetite in North West

Lenders backed 72% of North West deals in Brickflow's Q3 report, as stronger house prices and a shift towards leisure, healthcare and multi-let lifted activity.

By Karen Joy Bacudo • 4 min read • 3 days ago
South Island house prices lifting faster: QV
Real estate

South Island house prices lifting faster: QV

The national housing market is still slipping, but most South Island centres are now edging ahead while the North Island weakens.

By Susan Edmunds • 2 min read • 4 days ago
Auction clearance rates rise as Melbourne drives lift
Real estate

Auction clearance rates rise as Melbourne drives lift

Melbourne's stronger results helped lift the combined capitals' preliminary auction clearance rate to 51.5%, despite volumes staying well below year-ago levels.

By Mara Sugue • 3 min read • 4 days ago
Australian retail leases shorten as income visibility fades
Real estate

Australian retail leases shorten as income visibility fades

Average retail lease lengths in Australia have fallen to 34.4 months, leaving landlords facing earlier renewals and less certain income streams.

By Mara Sugue • 3 min read • Last week
Kensington buyers turn to bigger apartments near CBD
Real estate

Kensington buyers turn to bigger apartments near CBD

A widening AUD $2 million-plus gap to houses is pushing Kensington buyers towards completed three-bedroom apartments closer to Sydney's CBD.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Auction clearance rate rises as Sydney overtakes Melbourne
Real estate

Auction clearance rate rises as Sydney overtakes Melbourne

Sydney overtook Melbourne to become the biggest auction market last week, as the combined capital clearance rate climbed to 47.6%.

By Mara Sugue • 4 min read • Last week
Auckland warehouses squeeze more stock into same space
Supply Chain

Auckland warehouses squeeze more stock into same space

Higher Auckland land costs are pushing warehouse operators to boost pallet capacity inside existing buildings, with some projects adding about 5,000 positions.

By Joseph Gabriel Lagonsin • 5 min read • Last week
Reserve Bank rate rise deepens Australia's housing slump
Real estate

Reserve Bank rate rise deepens Australia's housing slump

Mortgage repayments are about AUD $600 a month higher for average borrowers after the Reserve Bank lifted rates to 4.85%.

By Sean Mitchell • 3 min read • Last week
Auction clearance rate falls to lowest since April 2020
Real estate

Auction clearance rate falls to lowest since April 2020

A likely rate hike has added pressure to buyers as the combined capitals preliminary auction clearance rate slumped to 47.2% last week.

By Mara Sugue • 2 min read • Last week
Melbourne auctions fall after Victoria reserve rule
Real estate

Melbourne auctions fall after Victoria reserve rule

Victoria's new reserve price disclosure rules coincided with a sharp drop in Melbourne auctions, even as preliminary clearance rates improved last week.

By Mara Sugue • 3 min read • This month
Mojo warns income caps could shut out first-time buyers
Real estate

Mojo warns income caps could shut out first-time buyers

Proposed £90,000 and £110,000 income limits would leave more than 13% of Mojo Mortgages' first-time buyer applicants ineligible, it said.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Australia housing market stalls as spring sales slide
Real estate

Australia housing market stalls as spring sales slide

Higher borrowing costs and weak confidence have left Australia's spring housing market sluggish, with sales down 20.9% and selling times stretching to 41 days.

By Sean Mitchell • 5 min read • Last month
New Zealand housing market may be entering slower era
Real estate

New Zealand housing market may be entering slower era

Long-term house price gains could now settle nearer 3% to 5% a year as supply, lending rules and incomes restrain New Zealand values.

By Sean Mitchell • 4 min read • Last month
Spring auction volumes hit lowest level since 2020
Real estate

Spring auction volumes hit lowest level since 2020

Fewer homes are coming to market as weak seller activity and sub-50% clearance rates keep the spring auction season at its quietest since 2020.

By Sean Mitchell • 3 min read • Last month
Australia auction volumes rise as clearance rates fall
Real estate

Australia auction volumes rise as clearance rates fall

Australia's spring auction market showed weaker selling conditions as reported sales fell below half despite volumes rising to 1,882.

By Mara Sugue • 3 min read • Last month
What's going on with retirement village share prices?
New Zealand Labour Party

What's going on with retirement village share prices?

Policy uncertainty and a stagnant housing market have deepened the slump in retirement village shares, even as analysts see recovery potential.

By Susan Edmunds • 4 min read • Last month