Property Market stories
A slower, income-led recovery means buyers may not see nationwide house prices return to 2021 peaks until late 2029, ASB says.
Buyer caution and high listings are keeping New Zealand's housing market weak, with the national median value now GBP £397,944.
Spring selling is off to a cautious start, with fewer homes going under the hammer and the capital-city clearance rate stuck at 49.3 per cent.
Higher-priced homes are driving Australia's housing downturn, with Sydney and Melbourne premium suburbs now more than 10% below their peaks.
Buyers are demanding more certainty over planning, renovation and hidden site risks as softer prices revive fears of overpaying.
Buyers will soon be told when meth residue tops 15 micrograms, as the Real Estate Authority tightens disclosure advice for salespeople.
Mixed August data suggest New Zealand rents may have bottomed out, as rises in Canterbury and Otago offset falls on the West Coast and elsewhere.
Off-market deals are drawing local millionaires into New Zealand's priciest suburbs, even as overseas buyers still compete for luxury homes.
The fund will channel preferred capital into housing schemes in Chennai, Bengaluru and Hyderabad, as developers seek bigger pools of organised finance.
Spring's housing market is yet to show a strong lift, as auction numbers stayed well below last year while buyer demand held up.
Rising listings and longer selling times are deepening the downturn, with vendor discounts widening as buyers retreat from Australia's housing market.
Eligible builders could free up cash for the next site, as the partnership funds pre-sold turnkey homes without requiring upfront equity.
Homeowners and builders are still coping with cost and consenting pressures, but most recent projects avoided major disruption.
Homeowners and planning professionals can now generate licensed Ordnance Survey plans online, cutting delays in preparing applications.
A planning-approved 72-home scheme on the Isle of Wight was kept alive after a lender deadline loomed, thanks to a three-week refinance.
First-home buyers are gaining ground in a subdued market, as higher mortgage costs and cautious sentiment keep New Zealand property sales weak.
Data centre demand is keeping Australian builders busy and may prolong labour and materials shortages even as home approvals start to ease.
Tight rental supply and rising prices are drawing investors back to Tasmania, where Hobart vacancies have fallen to 0.6 per cent.
Property borrowers could tie up over GBP £1 million more in equity on a single deal if they fail to compare specialist lenders.
A draft ruling to slash fees may save buyers only tens of dollars while threatening investment, cybersecurity and hundreds of Australian tech roles.
