Property
Explore the latest property news by BusinessDesk.
Markets
Builders more upbeat, 70% say inquiries have perked up
No builders expect house prices to continue falling in the next 12 months.
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News in Brief
Double digit rent hikes in regions, demand for apartments strong
Median rental prices hit a record high in June, but momentum appears to be slowing according to recent Trade Me rental data.Trade Me director of property sales Gavin Lloyd said median rent across the country in June 2023 rose by $50 to $620, or 8.8%, on June 2022, according to t...
Markets
Ryman and Summerset lead retirement village bounce-back
Forsyth Barr analyst Aaron Ibbotson said he's optimistic about the sector.
Policy
Kāinga Ora adds 'Velocity' as it aims to build homes faster and cheaper
The housing agency believes its new delivery system can save $820m over four years.
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver