Property turning over but not on all cylinders yet

Property turning over but not on all cylinders yet
Brent Melville
The housing market seems to be spluttering back to life – though there are mixed views as to how fast it will go when the engine does start firing properly.According to the latest numbers from homes.co.nz, which represents about 40 percent of all homes on the market, listings tracked up over the past week, ahead of stepped down covid-19 restrictions, which had seen new listings bottom out in mid-April at about 76 percent off their benchmark August 2019 numbers.These are comparable to the Christmas and New Year break la...

More Property

Leighs opts out of Scott Base build
Infrastructure

Leighs opts out of Scott Base build

The Antarctic contractor is focused on offices, healthcare and apartments.

Oliver Lewis 09 May 2025
Two housing projects snare first fast-track panels
Policy

Two housing projects snare first fast-track panels

Applications opened on Feb 7. Now we have our first panels.

Oliver Lewis 08 May 2025
NZ Super Fund, Russell, Lockwood want to sell $600m+ hotel portfolio
Property

NZ Super Fund, Russell, Lockwood want to sell $600m+ hotel portfolio

The Adina Apartment Hotel Auckland is one of seven properties for sale.

Staff reporters 07 May 2025
Property flipping 'pushing up prices': Valuer
Property

Property flipping 'pushing up prices': Valuer

Rapid trading, sometimes on the same day, is hurting low-income buyers, valuer says.

Maria Slade 07 May 2025