Real estate stories
Industry groups say Labor’s policies could ease affordability pressures after its weekend win made housing reforms more likely.
Tighter lending and higher mortgage costs have pushed first home buyers to a seven-year low, even as government support rules are loosened.
West Coast and Canterbury are still posting strong gains, but a surge in listings and weaker demand is cooling prices nationwide.
Councils face tighter deadlines as new rules could bring taller housing to city centres and transit hubs, raising pressure on infrastructure.
A $350-million proposal could bring 245 apartments to South Perth if planners back the 50-storey hybrid project.
The funding leaves Auckland’s housing shortage still acute, but will unlock build-ready land for up to 16,000 homes across five suburbs.
Rising stock and tighter financing are cooling competition, with auction sales dropping sharply across New Zealand as buyers turn cautious.
Higher building costs and rates rises are set to force developers to shelve projects, threatening new home supply and affordability.
Tighter credit and higher rates are leaving first home buyers more exposed, with some regions now showing early signs of vulnerability.
Vacancy rates are easing, but the shift to prime offices and hybrid work will keep reshaping property demand well beyond 2022.
Rising flood risk from climate change could erode home prices and threaten banking stability in New Zealand's coastal cities.
Stretched affordability and higher mortgage rates are pushing median values down in 154 suburbs, with Auckland and Wellington among the weakest.
Sharp falls never came, but tighter credit and rising mortgage rates now threaten to turn New Zealand's Covid-era property boom into a buyer's market.
Covid-19 has pushed digital adoption in New Zealand property, though six in ten firms still rely on spreadsheets to track portfolios.
Queensland developers are being asked to inject millions as Condev races to complete projects and avert collapse.
New Zealand’s office, retail and industrial markets are expected to mirror Australia as Omicron peaks and border openings reshape demand.
More listings and weaker buying power are easing competition, even as national house prices climbed 13.5% to a record GBP £885,000 in February.
Mortgage activity has slumped as tighter lending and higher rates cool demand, with CoreLogic warning house prices may fall further.
Rising costs and supply chain strain have left owners and subcontractors facing delays, overruns and wider disruption after Probuild's collapse.
Record resale profits are still spreading nationwide, with 99.3% of homes sold in Q4 2021 making a gross gain, CoreLogic says.
