Author Cornelia Luethi

It’s yet to be seen just how much of the latest Official Cash Rate cut will be passed on by retail banks, but Century 21 is expecting a strong spring and summer with low interest rates enabling more people into the market. Continue →

Four regions hit new record high median sale prices in July, with the national median sale price rising by $5,000 to $505,000, only $1,000 shy of the record median price reached in May 2016, according to the latest data from the Real Estate Institute of New Zealand (REINZ). Continue →

NZX-listed industrial property landlord Property for Industry Limited (PFI) has lifted operating revenues 9.7 percent to $35.2 million in the first half of the financial year. Continue →

Growth in regional economies is working its way into commercial and industrial property markets, according to Bayleys research team. Continue →

Auckland Council has published the recommendations provided by the Independent Hearings Panel on the new planning rulebook for Auckland, the Auckland Unitary Plan which has been embraced and questioned by a number of property groups, businesses and employment bodies. Continue →

The Unitary Plan recommendations provide a significant increase in development capacity, but will seriously exacerbate congestion in Auckland if development occurs in areas not well supported by public transport, says the New Zealand Council for Infrastructure Development (NZCID). Continue →

Property Council has submitted on the Proposed National Policy Statement on Development Capacity (NPS) and sees it as an important step in enabling much needed development in New Zealand’s cities and communities. Continue →