Waikato stories
Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.
Vacancy rose across Auckland and Wellington offices, shops and warehouses in 2020, but low rates and investor demand kept yields firm.
Sales surged 14.6% year on year in February as buyers rushed to secure homes before loan-to-value restrictions returned in March.
New Zealand’s housing market remained brisk in January despite a modest month-on-month price fall, with sales and auctions both at multi-year highs.
A shortage of homes for sale is fuelling record house prices and leaving buyers with fewer options, despite the busiest November in 13 years.
Listings fell to record lows as buyers pushed Auckland’s median house price to GBP £1 million and nationwide sales hit a 14-year October high.
Record house prices and strong sales are fuelling doubts over Treasury’s forecast of a 5% fall by June next year.
Pent-up demand is expected to lift sales as Aucklanders return to the market after nearly three weeks in lockdown.
Hamilton-based tech firm Company-X's cofounder David Hallett joins Waikato Regional Skills Leadership Group as ICT rep.
Transport industry groups say decades of stop-start planning could end if National’s $31 billion road and rail programme goes ahead.
House prices and sales have climbed to four-year highs in New Zealand, despite earlier fears of a post-COVID downturn.
Waikato Regional Council has upgraded its information management to OpenText systems, enhancing secure collaboration and efficiency for its 600+ employees.
Property sales jumped in May as lockdown eased, but volumes remained 46.6% below a year earlier and days to sell hit record highs.
New Zealand house prices climbed to a record high in April even as lockdown froze the market and sales volumes plunged 78.5%.
Tight stock and low borrowing costs helped drive New Zealand home sales to their busiest January in four years, REINZ said.
Training for emergency venting now lets First Gas staff practise dangerous pipeline work in virtual reality, cutting risk to people and assets.
Lifestyle property sales picked up over summer, with the national median price reaching NZD $725,000 and demand still firm across several regions.
Higher borrowing demand and scant listings pushed New Zealand’s national median house price to a record NZD $630,000 in November.
Civil contractors say the Government must back already designed transport works quickly to protect jobs as big projects finish.
Big transport projects and a planned manufacturing hub are boosting demand for homes and rentals across Huntly and wider North Waikato.
