NEW ZEALAND
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Housing affordability in New Zealand reaches a six-year high
Housing affordability across New Zealand has improved to its most favourable level since 2019, easing financial pressure on households despite remaining challenges in the rental market.
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New Zealand property resale profits hit a decade low
Property owners in New Zealand are experiencing the lowest rate of resale profits in more than a decade as subdued values and high inventory levels continue to favour buyers in the current market.
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Window of opportunity opens for NZ first home buyers
New Zealand's property market is presenting a prime opportunity for first home buyers as housing stock continues to tighten across the country, according to the latest data from realestate.co.nz.
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NZ property sales strengthen while high listings keep prices in check
Property sales activity in New Zealand has continued to strengthen, with volumes holding above average levels for the third consecutive month.
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Construction costs rise modestly in New Zealand
New Zealand's residential construction costs have increased slightly, with the latest Cordell Construction Cost Index (CCCI) showing a 0.6 per cent rise in the June 2025 quarter, up from 0.3 per cent in the previous quarter.
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New Zealand property market remains sluggish
Property values across New Zealand edged down slightly in May, with mixed results across the country.
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Rate wars could see borrowers opt for longer fixed terms
New Zealand borrowers may soon shift away from short-term fixed mortgages as banks engage in "rate wars" offering lower 2-3 year fixed rates.
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Doubled income by breaking free from traditional constraints
For more than a decade, real estate agent Jarred Hancox found himself grappling with the constraints and pressures of traditional real estate agencies.
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New Zealand property values show signs of recovery
Property values in New Zealand have returned to growth, signaling the end of 2024's mini downturn and suggesting modest growth ahead for 2025.
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Property doubling myth partially true across New Zealand
The common belief that property prices double every decade has proven true for some New Zealand regions, while others have fallen short of this benchmark.
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New Zealand coastal suburbs see extraordinary growth patterns
New Zealand's coastal property market has experienced exceptional growth across both islands, with some areas achieving up to 372 per cent value increase over five years, according to new research.
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Property slowdown gives NZ buyers the upper hand
New Zealand's property market continues to experience a slowdown, with national property values falling nearly 18 per cent from their post-COVID peak, creating great conditions for buyers.
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NZ property market closed 2024 with fresh opportunities despite December lows
The New Zealand property market saw record December lows in 2024, with new listings at a 17-year low and average asking prices returning to 2021 levels.
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Houses outperform apartments in New Zealand
House prices have shown stronger growth compared to apartments over extended periods, with land value playing a crucial role in the difference, according to new data.
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Blue chip New Zealand property outperforms
New Zealand’s high-end properties and certain regional areas are showing strength and outpacing much of the broader market, according to new data.
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Singles can’t afford to rent in New Zealand
Singles in New Zealand are not living the ‘Carrie Bradshaw’ life, with new analysis showing that no region in New Zealand meets the affordability threshold for single renters.
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Buyer activity climbs as Kiwis reconsider the ‘forever home’
Following New Zealand’s recent drop in the Official Cash Rate (OCR), the property market is seeing a noticeable increase in buyer activity. According to new data from realestate.co.nz, enquiries have spiked by over 25%, indicating rising confidence among buyers and echoing similar, though smaller, interest following the previous OCR cut in August. Vanessa Williams, spokesperson for realestate.co.nz, attributes this shift…
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NZ construction costs inch up amid industry slowdown
Construction costs in New Zealand have shown a slight increase in the September quarter, despite an ongoing slowdown in the building industry.
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