Dunedin stories
Possible tighter rules could curb investor demand as mortgaged buyers regain a 27% share of the housing market, CoreLogic says.
Drone surveying and machine control kept workers off a 70% slope, helping the port slip-remediation finish safely and almost exactly to design.
Nationwide house prices climbed 1.3% in October as low rates and scarce listings kept demand ahead of supply.
Nationwide property values rose 0.8% in September as low rates and scarce listings kept demand firm despite the economic downturn.
Rents are falling in Queenstown and other pockets, but most areas are still posting gains as the recession deepens and job losses loom.
Property values have already slipped nationwide, with tourism-dependent centres like Queenstown hardest hit as the recession starts to bite.
Queenstown looks most exposed, with tourism reliance and Airbnb saturation making its property market vulnerable to a COVID-19 downturn.
A new report has reinforced pressure on ministers to back council infrastructure spending, after all eight cities were classed as severely unaffordable.
Construction firms in the south will get more local support as new purpose-built training rooms open in Dunedin.
Higher borrowing demand and scant listings pushed New Zealand’s national median house price to a record NZD $630,000 in November.
Tight housing supply and surging demand are pushing Dunedin values up 17% a year, with buyers still outpacing new listings.
Christchurch’s regeneration was underscored as Tūranga won the Supreme Award, while 10 other projects were named category winners.
A failed winch has left a truck driver with a skull fracture, prompting a warning that older stock ramps need automatic brake systems.
Two employers were fined after a worker’s arm was crushed during an x-ray machine removal, in a case WorkSafe says was easily avoidable.
Māori innovators are making waves, with record participation in R&D and nearly half of the finalists in this year's New Zealander of the Year Awards.
Higher sales and record prices point to a spring lift in New Zealand housing, with 6,791 homes sold nationally in October.
Regional hotel buyers are chasing stronger returns as domestic and international visitors push tourism demand beyond New Zealand’s big cities.
Judges said timber’s versatility is delivering more sustainable, cost-effective buildings as Auckland honoured the year’s best designs.
Recognition for builders, consultants and safety teams has highlighted Auckland projects completed on time and within budget.
More than 85 containers are helping keep the NZD $790 million Westfield Newmarket rebuild efficient, despite tight inner-city space constraints.
