Real estate stories
Harcourts, the 133-year-old real estate agency, transformed its global operations by adopting NetSuite, modernising from a 'fake' cloud solution.
CoreLogic says tighter lending and higher costs have left investors and first home buyers tied on 24% of purchases in early 2019.
Flexible working could slash office costs and give staff a workspace near home, as Regus pitches on-demand offices to firms.
Flexible work could cut New Zealand’s CO2 emissions by 900,000 tonnes a year and add up to NZ$18.1 billion to the economy by 2030.
More than 35 companies have joined planning for the project, which aims to make Western Sydney’s 280-hectare site a testbed for autonomous vehicles.
Sales volumes in February marked the sharpest annual fall for 16 months, even as prices kept climbing across most of New Zealand.
The project will add a 3,000sqm town square and mixed-use buildings to central Takapuna, with work expected to begin from mid-2020.
Fewer rental homes and higher rents could follow a capital gains tax, with landlords also cutting back on professional property managers.
Record-low vacancies are pushing up Wellington office and industrial rents, even as investors weigh the risk of a proposed capital gains tax.
The awards highlight a pipeline of unbuilt schemes with the potential to reshape city skylines, including a GBP £1 billion Sydney tower.
The awards spotlight a €1 billion Sydney tower and other unbuilt schemes likely to reshape city skylines, transport and public space.
New Zealand property investors remain upbeat despite a proposed capital gains tax, with Colliers finding prices and confidence still broadly positive.
Tenants in Auckland and Wellington face tighter leasing conditions, with record-low vacancies likely to push rents higher over the coming years.
A Wellington agent earned Century 21 New Zealand’s top sales title after two years in the industry, joining the group’s global top 2 percent.
Tighter lending, weak wage growth and fewer homes on the market are limiting any relief for first-time buyers as prices fall.
Economic growth and measured construction are keeping real estate markets in good shape, even as Brexit and trade uncertainty cloud the outlook.
North Waikato's Turangi and Huntly outperformed Auckland rivals as Century 21 New Zealand handed out its 2018 national awards in Auckland.
Low mortgage rates should keep property demand supported after the Reserve Bank left the official cash rate unchanged again, though risks remain.
Lower supply is widening regional gaps, with Auckland and Canterbury cooling while most of New Zealand posts stronger house price growth.
Strong demand and scarce listings are expected to keep Dunedin property values climbing in 2019, despite higher insulation costs for landlords.
