Residential Property stories
Huawei and Broadband Forum unveil OB-BAA 1.0 prototype compliant with CloudCO standards at Broadband World Forum 2018.
Natural disasters push insurers to scrutinize costly business interruption claims, with losses hitting £1.4bn.
North Waikato's Turangi and Huntly outperformed Auckland rivals as Century 21 New Zealand handed out its 2018 national awards in Auckland.
Sydney and Melbourne buyers face the sharpest hit as Morgan Stanley warns Australian house prices could fall 20 per cent and construction slows.
Construction is due next year after consent for 32 waterfront homes in Remuera, with prices ranging from USD $2.7 million to USD $13 million.
Judges said timber’s versatility is delivering more sustainable, cost-effective buildings as Auckland honoured the year’s best designs.
Confidence has climbed past pre-election levels, with survey respondents expecting house prices to rise in every market over the next year.
Smoke from smouldering fires is being missed by ionisation alarms, prompting Consumer NZ to urge retailers to stop selling them.
Rising land and building costs are threatening to curb Auckland’s future housing pipeline, with developers struggling to make projects stack up.
Judges will narrow the field on 7 August, with winners of New Zealand’s only timber design awards to be unveiled at an Auckland gala in September.
Housing prices are likely to stay firm for some time unless the government finds new ways to unlock supply and affordability.
Entries close on Monday for New Zealand's timber design awards, which have added a multi-storey category and extra judges this year.
Auckland’s city fringe is bucking the downturn as higher-quality apartments there now command an average asking price of NZD $1.35 million.
Nationwide prices climbed 1.2 per cent to NZD $525,000, even as sales fell to a six-year September low and lending tightened.
Pre-election uncertainty barely dented residential sentiment, with a survey showing house price expectations holding steady across New Zealand.
Fewer sales across every region in August suggest buyers remain cautious, even as national residential prices rose 8.2 per cent year on year.
Auckland buyers face a tightening apartment market as just 12 months of supply remain, while average prices climb 12 per cent to NZD $1.12 million.
Coastal homes in Hawke’s Bay won praise for stretching modest budgets, with two beach designs taking top honours at the awards.
Jonathan McAlpine has emerged as the night’s standout designer, collecting multiple honours for Tauranga homes at the Bay of Plenty regional awards.
The 55,000-square-metre Mangere plant’s efficient layout helped secure New Zealand’s top property honour at a gala in Auckland.