Property
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Property
Auckland house price slide continues
By Jenny Ruth Aug. 7 (BusinessDesk) - Falling house prices in Auckland continue to keep a lid on national house price inflation although some regions are still posting double-digit price increases. Prices across the Auckland region were down 2.6 percent in July on average c...
Property
Barfoot & Thompson says Auckland housing market moving again
By Jenny Ruth Aug. 2 (BusinessDesk) - Auckland’s biggest realtor says there was a “modest but definite” shift in the housing market in July when property prices fell but sales numbers rose. “The modest fall in both average and median prices in the month was enough to unlock...
Property
Augusta aims for $3 bln under management by 2022
By Jenny Ruth Aug. 1 (BusinessDesk) - Augusta Capital wants to increase assets under management to $3 billion by its 2022 financial year, the property and investment manager told its annual shareholders’ meeting. Augusta had $2 billion in assets under management at March 31...
Property
High-flying property stocks likely to rise further: Jarden
By Jenny Ruth Aug. 1 (BusinessDesk) - The value of New Zealand’s listed property stocks has risen 60 percent on average since they bottomed in 2012 and they are now trading about 18 percent above their net tangible asset backing. That suggests the market expects the value o...
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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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