Auckland property revival continues; supply remains tight

Auckland property revival continues; supply remains tight
Dan Brunskill
Auckland's property market continued its revival in January as a lack of available listings helped push up prices, according to Real Estate Institute of New Zealand figures. The REINZ house price index showed Auckland prices increased at an annual pace of 4.4 percent, its fastest in almost three years and the third annual increase after 13 months of negative results. The national index, which measures changing values of property in the market, rose 7 percent from a year earlier and was up 9.1 percent when Auckland was excluded.In Auckland,...

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More Du Val shareholders suing
Property

More Du Val shareholders suing

A Du Val shareholder action against FMA now has 80% of minority shareholders signed up.

Triple Connection faces liquidation
Property

Triple Connection faces liquidation

The debt collector says the company "don't pay their bills".

Gregor Thompson 13 Dec 2024
Beachlands South development appeals settled
Property

Beachlands South development appeals settled

Appeals challenging the approval of a plan change for the Beachlands South development have been settled, paving the way for the multi-billion dollar project to proceed.“The success of negotiating a sensible outcome means that the development process can now move forward with the...

Staff reporters 11 Dec 2024
Winton 'stands to gain millions': MP
Property

Winton 'stands to gain millions': MP

The proposed fast-tracking of Sunfield is 'cronyism', local MP claims.

Maria Slade 11 Dec 2024