More homes in the lower price range are changing hands with a property economist pointing out "upturns have to start somewhere".
New Zealand
6:08pm
Mitchell Coll said the design expanded on the aesthetic and considered "the couple's love for some of the more traditional elements in their previous home".
6:00am
It announced this morning it would reduce its one-year fixed rate to a rate lower than the major banks.
Business
Wed, Oct 29
With almost half of New Zealand's home loans floating or due to refix within the next six months, many borrowers may be wondering just how much further rates could go.
Fri, Oct 24
Under the new regulations, which come into effect in Q1 of 2026, Kiwis will be able to construct dwellings of up to 70 square metres in their backyards without a building consent.
Thu, Oct 23
Gareth Kiernan, chief forecaster at Infometrics, said it could be an option that was worth considering.
Wed, Oct 22
Six of the banks' standard loan rates were dropped by between 0.04% and 0.40%.
The research, conducted by Motu Research and Victoria University, shows that renters' wellbeing has fallen as property prices have risen.
Sun, Oct 19
Infometrics economist Matthew Allman said it was unlikely to add material upward pressure on house prices.
Tue, Oct 14
Reserve Bank acting assistant governor of financial stability Angus McGregor said the timing was right to loosen the rules.
New Zealand's oceans were warming at a rate of 34% faster than the global average.
Environment
Wed, Oct 8
House price growth was slow in urban centres, but provincial areas were stronger.
Thu, Oct 2
Approximately 55% of quake-prone buildings would be removed from the existing system — about 2900 buildings.
Mon, Sep 29
In Auckland's Māngere, the Meredith family were among the first to benefit, moving into a brand-new four-bedroom home designed for multigenerational living.
Politics
Sat, Sep 20
Ruapehu Mayor Weston Kirton will present the petition – signed by 15,469 people – to Rangitīkei MP Suze Redmayne at midday, before it is lodged with the House.
Tue, Sep 16
The morning's headlines in 90 seconds, including a record run for Geordie Beamish at the world champs, the most expensive place to rent isn’t Auckland or Wellington, and Trump might save TikTok.
The new owner of a rural Tasman property is currently clearing up more than 13,000kg/L of hazardous waste left on the site by the previous owner.
Wed, Sep 10
West Coasters will soon be able to find out online if their property or one they’re thinking of buying is at risk from liquefaction – or a host of other damaging events.
Thu, Sep 4
The workers lived in 22 unconsented container-style cabins at a Manurewa warehouse, which lacked adequate fire safety systems and appropriate means of escape.
Crime and Justice
Realestate.co.nz data showed 8769 new listings last month, compared to 8048 new listings recorded in August 2024.
Mon, Sep 1
Many home loan borrowers are watching carefully while they consider whether to fix or continue with a variable rate.
Wed, Aug 20
The newly-released draft plans will also clamp down on new housing in areas deemed to be at risk of flood or otherwise hazard-prone.
Tue, Aug 19
The traditional framework for construction defects and liability will be axed as part of legislation being introduced into Parliament next year.
Mon, Aug 18
The drops came ahead of the official cash rate decision next week.
Thu, Aug 14
Simplicity Living has bought just over six hectares of land on Ladies Mile to build 600 build-to-rent homes and apartments.
