Property Market Stories - Page 9

Global Stories

Property Market stories

Fit out costs rise in Asia Pacific, Tokyo remains priciest

Fit out costs are on the rise across APAC, with Tokyo maintaining its position as the priciest city at USD $195 per square foot, according to Cushman & Wakefield.

By Shannon Williams • 4 min read • Thu, 6th Mar 2025

Supply Chain

BRKZ secures USD $17 million to enhance Saudi expansion

BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.

By Melania Watson • 4 min read • Tue, 11th Feb 2025

Stories from Other Regions

Property Market stories

Property Market

Housing market remains stagnant for now

Buyers still face a subdued market as national asking prices stay below last year’s levels, even with more homes listed for sale.

By Michael Curreen • 4 min read • Tue, 1st Apr 2025

Bank of New Zealand

Why the property market lacked its summer sizzle

Falling interest rates have yet to shake New Zealand’s housing market out of its summer lull, with values up just 0.5% in three months.

By Michael Curreen • 11 min read • Wed, 12th Mar 2025

Property Market

More houses for sale now than in the last decade

Buyers now have more negotiating power as national housing stock tops 35,000, even though new listings came in below expectations in February.

By Michael Curreen • 3 min read • Mon, 3rd Mar 2025

Property Market

Domestic Real Estate

National average asking prices rose 60.3% in 10 years, but Auckland lagged as regional New Zealand drove most of the gains.

By Staff Writer • 2 min read • Wed, 12th Feb 2025

Smart Cities

Inclusiveness in an AI driven city

Auckland and Wellington are among Asia-Pacific’s most inclusive cities, with social equity seen as a driver of talent, growth and investment.

By Staff Writer • 6 min read • Wed, 12th Feb 2025

Hybrid & Remote Work

Changing market conditions present opportunity

Lower borrowing costs and expiring term deposits could lift demand for commercial and residential property as investors hunt better returns.

By Michael Curreen • 3 min read • Thu, 6th Feb 2025

Property Market

Bridgit broadens team with five new appointment additions

Non-bank lender Bridgit has expanded its distribution team with the appointment of five Business Development Managers to meet rising business demand.

By Imee Dequito • 2 min read • Wed, 5th Feb 2025

Northland

REINZ releases final figures for 2024

New Zealand’s housing market finished 2024 quietly, with sales, prices and listings all showing mixed shifts as inventory stayed elevated.

By Michael Curreen • 6 min read • Tue, 21st Jan 2025

GFC

A better year ahead for housing construction

Slower construction inflation should ease pressure on would-be buyers, with CoreLogic saying house-building costs rose just 1.1% over the past year.

By Michael Curreen • 3 min read • Tue, 14th Jan 2025

Public Sector

Home value decline in December sums up 2024

House prices are still 17.6% below their post-Covid peak, with weak Auckland and Wellington values weighing on 2025 prospects.

By Staff Writer • 5 min read • Wed, 8th Jan 2025

Bank of New Zealand

What more OCR cuts mean for property

Mortgage holders may get further relief early next year, but house prices are likely to rise only modestly as listings and unemployment stay high.

By Staff Writer • 2 min read • Fri, 29th Nov 2024

Northland

Spring brings surge in sales

Falling interest rates and higher inventory are drawing more buyers back, with October sales up 20% nationally, REINZ says.

By Michael Curreen • 5 min read • Sun, 17th Nov 2024

GFC

Commercial sentiment rises following OCR cuts

Lower interest rates are reviving property investor confidence, with national sentiment turning positive after the Reserve Bank’s OCR cuts.

By Michael Curreen • 3 min read • Tue, 5th Nov 2024

Housing

Homes sitting empty amid housing shortage

Tauranga’s housing squeeze is worsened by 2,142 empty homes, though the mayor says filling them beats building anew.

By Michael Curreen • 4 min read • Thu, 17th Oct 2024

Small Business

Trends in the Christchurch industrial real estate market

Low vacancy and scarce small units are pushing Christchurch industrial rents higher, while slower demand for large sheds is creating rare sub-lease opportunities.

By Staff Writer • 5 min read • Mon, 14th Oct 2024