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Property

Renting still a better bet than buying, but gap closing, says BNZ

Mortgage rates are tracking down, but renting a comparable home is still cheaper, the bank’s research shows.

Brent Melville Thu, 24 Apr 2025

Property

Mortgage wars: BNZ wins skirmish, drops 18-month rate to 4.95%

Property

Buyer’s market persists, but watchers expect house prices to rise

Property

No respite: banks don't allow stressed mortgage holders to refix

Property

Mortgage arrears hit eight-year high, liquidations surge 38%

Property

$300b mortgage debt ‘tsunami’ due to hit this year

Property

‘Shovel ready’ Vital looks to complete asset recycling

Sales extend to almost half a billion dollars across its Australian/New Zealand portfolio, but it will look to drive growth through downstream investment into private hospitals.

Brent Melville Thu, 08 Aug 2024

Property

Mending Wynyard bridges: but at a pedestrian pace

Fixing the Wynyard Quarter's pedestrian and tourism lifeline will run to $8 million and nine months, development agency says.

Brent Melville Thu, 08 Aug 2024

Property

Waterfront apartment for $1m – but there’s a catch

Upmarket waterfront precinct of Hobsonville Point has a new development.

Brent Melville Thu, 08 Aug 2024

Property

Ikea’s parent buys more farmland for forestry

Ingka Group approved for $13m Hawke’s Bay land acquisition and plans to establish a commercial forest on the existing farmland.

Kate McVicar Thu, 01 Aug 2024

Property

Ryman shelves and sells, as it tightens belt

New Zealand’s largest retirement village operator won’t be in a hurry to put any more ‘spades in the ground’.

Brent Melville Thu, 01 Aug 2024

Property

Panel scuttles Queenstown’s affordable housing 5% levy

Independent panel kicks back a contentious council proposal on ‘inclusionary housing’ which would have seen residential developers contribute into a community housing pool.