Analyst forecasts 18% house price drop
New Zealand house prices could fall from a national average of $905,000 to $740,000.
New Zealand house prices could fall from a national average of $905,000 to $740,000.
"A difference of interpretation over an insurance policy" at heart of litigation
"After 50 or 60 years, these houses are no longer fit for purpose." - Mark Fraser.
Covid, rising construction costs, sales, company direction - themes in the analysis.
"Sales prices are definitely starting to fall, but not dramatically" - Peter Thompson.
New Zealanders spend more than $22 billion at supermarkets annually.
All double-glazed aluminium framed windows will have gas pumped inside.
Arm of the state satisfied the investor test has been met
Value of investment properties rose $1.2b in the latest year.
Lani Fogelberg says many young Kiwis are tipped to leave New Zealand.
Revenue during Covid insufficient to cover overheads, liquidator David Thomas says.
More rent but expenses rise due to tax, more assets under management.
Around $160 billion of fixed-rate housing loans come up for review in the next year.
Nick's home loan repayments have just jumped $650 a fortnight.
Business argued the Environment Court had exceeded its jurisdiction.
"Pipeline of development opportunities one of the most exciting in the company's history".
Ryman beat expectations on Friday and now, new analysis digs deeper.
Sylvia Park was the "standout performer" and Ikea plans to open its first NZ store there.
Total assets are $2.1b. Market cap is just $731m, showing a big discount applied.
Company has assets of around $11b but market capitalisation is only $4.5b
Scrapping loan restrictions will help more first home buyers.
The new law could help parties challenge the Countdown/Foodstuffs duopoly.
An 80sq m part of a neighbour's property "wet, stagnant, usable" area, court finds
Developments to add 100,000sq m of space, generating a further $21m annual rent.
Leasing inquiry strong for big new industrial estates at Mt Wellington and Onehunga.
Nathan Male of Metro Commercial leased the premises to the global retailer.
Interest rates, costs could take toll on multibillion-dollar businesses.
One desirable Mt Maunganui house earned $81,000/year via Bachcare.
"Most agents starting with us will be getting a pay rise" - Stephens