Arvida says average resale margin still pushing higher

Rebecca Howard
Tue, 18 Sep 2018

By Rebecca Howard Sept. 18 (BusinessDesk) - Arvida Group said it is seeing no impact from changes in the housing market as its average resale margin continues to push higher. The retirement village operator said it had completed 136 sales of occupation rights agreements by the end of August, among both new stock from completed developments and the regular turnover of its units. Inventory remains low at 2 percent of existing units and Arvida said it is on track to deliver 111 new units in the current financial year to March 31.  "We are...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Finance FREE
Money Answers: what's the best share investing strategy in a recession?
Frances Cook | Sat, 02 Jul 2022

Spreading your money through good quality companies, then leaving it alone for a few years is the boring but most likely way to build wealth for most of us. 

On the Money
On The Money: Air NZ's feeding frenzy, Kerry Prendergast's movie date, and more
Pattrick Smellie | Sat, 02 Jul 2022

In this week's OTM: Greg Foran's preference for pies, Kerry Prendergast's future at the film commission, a blast from the past from Enable Networks, and more...

The Economist
The great Silicon Valley shake-out
The Economist | Sat, 02 Jul 2022

We look at the world’s startups and identify the safe, the uneasy and the doomed.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Sponsored
Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.