1+ day, 18+ hour ago   (272+ words) National has announced it will scrap the current First Home Loan income limits and replace them with a single $300,000 cap for every applicant, whether single, coupled or buying in a group. The existing thresholds, $95,000 for a single person and $150,000 for…...

3+ day, 18+ hour ago   (417+ words) The land 10km southwest of the Christchurch CBD used to grow apples. The Kain brothers ran their Apple Fields orchards there, and Heinz Wattie’s held a 61-hectare vegetable plot. Today that ground has been assembled into the 150-hectare Hornby Quadrant, and…...

3+ day, 18+ hour ago   (579+ words) The City Rail Link opens to passengers on Sunday, and the commercial market is not waiting for the patronage data. Around Karanga-a-hape Station, new leases are already being snapped up ahead of the opening, with Barfoot & Thompson commercial leasing agent…...

6+ day, 18+ hour ago   (542+ words) The Friedlander family’s Samson Corporation, a $2 billion-plus Auckland property business, has been forced to replace Vivian Construction with NZ Strong on a retail and commercial upgrade at 172 Jervois Rd, Herne Bay. Vivian Construction’s website and Facebook page have gone dark,…...

1+ week, 18+ hour ago   (327+ words) This is not just another listing. After years of soft consumer spending, higher funding costs and drifting valuations, a half-billion-dollar asset going under offer is a live pricing test. Whatever Botany achieves becomes the benchmark for how institutional capital is…...

1+ week, 1+ day ago   (524+ words) A collapsed developer selling apartments below cost is not, on its own, a market-moving event. What makes DDL Estates worth watching is the arithmetic behind it and what those forced sales do to everyone else’s numbers. When DDL fell over,…...

2+ week, 1+ day ago   (176+ words) New Zealand real estate agents are almost universally paid on commission, a structure that prints money in a rising market and pays close to nothing in a stalled one. That trade-off is now on brutal display. Cotality property economist Kelvin…...

2+ week, 3+ day ago   (428+ words) Winton Land is a profitable property developer with a governance architecture that no longer functions. Founder and majority shareholder Chris Meehan holds 55% of the company’s shares, enough to block any constitutional amendment requiring shareholder approval. That single number explains why…...

3+ week, 18+ hour ago   (314+ words) That is the tension business owners should focus on. Property rights are being taken seriously for the first time in a generation, but the way you protect them determines whether you get legal certainty or a litigation machine. The Bill…...

3+ week, 3+ day ago   (172+ words) The rural rate sounds modest until you apply it to farm-scale land values. Analysis from Caniwi Capital Partners puts a mid-sized dairy farm with $5.5 to $6 million of land value at $27,500 to $30,000 a year, with larger operations facing $50,000 or more. Federated…...