Funding for property development and subdivisions dries up
Developers will have to hold on until financiers feel more confident again.
AdvertisementAdvertise with NZME.
Latest fromResidential Property
Retirement giant Arvida sees profit slide 28%
Unit resales and sales stopped in lockdown, PPE expenses rose
Love triangle: In legal first, three exes battle over $2.1m Auckland home
When a three-way relationship breaks up, who gets the family home?
Rough sleeping all but eliminated in NZ in six weeks of lockdown
The Covid crisis has had a silver lining: Nearly every rough sleeper has been housed.
Why Ngāti Whātua Ōrākei put retirement village rebuild 'on hold'
NZ Strong started there in January - now all work has stopped
Hammer blow with 1500 jobs lost: Four reasons Fletcher so hard hit
Commercial Bay had 1800 workers, now reduced to just 800.
Why buyers splashed $15m+ on five homes last week
Top-end homes were sold in Wanaka, Queenstown and Waiheke Island.
Covid-19 delays Ngāti Whātua's 550-residence project
All new homeowners in the initial stage will get a free electric bike.
Million-dollar shipping container for sale - with 7 acres of beachfront
Coastal land south of Auckland perfect for 'horsey' person or surfing Baby Boomer.
Peter Thiel's Wanaka estate left 'neglected'
Damper Bay, hailed as a preppers' paradise, has been left neglected.
House prices tipped for 7% fall, despite lockdown success
Westpac tips house prices to fall 7 per cent by the end of this year.
Lockdown toll: Number of house sales drop 78.5% but activity picking up again
Despite fall, industry experts say activity is now picking up again.
Budget 2020: $5b housing spend up questioned after Kiwibuild debacle
"Demand for social housing will increase" NZ Housing Foundation.
Budget 2020: Auckland could get 2600 new public houses to tackle homelessness
More than 400 rough sleepers taken off streets during lockdown need permanent homes.
Budget 2020: Govt to borrow $5b to add 8000 state and transitional houses
The Government wants to add 8000 more state and transitional homes over five years.
Budget 2020: Housing providers ready to build 8000 new public houses - but say more needed
Groups say 14,869 people registered on public housing waiting list by end of last year.
Lockdown landlord told he must wait until tenants decide when they move out
In the meantime they are paying nearly $1400 a week for temporary accommodation.
Mortgage wars: NZ's largest bank offers home loan under 3 per cent
Rates likely to stay near historic lows but uncertainty over jobs sours outlook.
Tee-off time for American billionaire's second golfing venture
It's tee-off time for Kayne's second project to bring two new courses to NZ.
How life could change for 43,000+ retirement village residents
Rules will be slightly more relaxed - but with strict guidelines
American billionaires' businesses get $1m in wage subsidies
Owners of Tara Iti and Kauri Cliffs' owner received Government aid.
Auckland roofer abused elderly, vulnerable - even liquidator
Jailed roofer 'has caused real harm in the community'.
GFC offers clues to direction of property market
Property recovery could be sooner than we imagined
Landlords forfeit $2m+ rent on Quest chain properties
80 per cent of landlords agreed to halve rent, says Quest CEO Stephen Mansfield.
120 Auckland jobs on line as building products plant shifts work out of NZ
The company has an 80-year manufacturing history in New Zealand.
Property syndicator Augusta plans $45m capital raise
Augusta went into a trading halt yesterday before the market opened.
Chinese owners forced into selling NZ land were planning rollercoaster park near lake
The investors were forced to sell the properties or risk potential prosecution.
House sales plummet 49% in April - why this month could be even worse
Auckland housing market has suffered during the lockdown.
Foreign buyer rules force US couple to sell waterfront property for massive loss
Investigators found the US couple was uncooperative and "not quality investors".
First-home buyer rates rebate saved from chopping block
Many consider the policy to be a 'fizzer' with just 130 successful applications.
Sir John Key on the property market: How prices will fare
Why the former PM thinks one sector could be "a bit of a train wreck".
Opinion divided on Government rent subsidy for businesses
"Businesses will either be mortally crippled or just fall over" - O'Reilly.
Focus: Hamilton council takes private land without paying
Focus: Hamilton City Council says a "betterment" of $282,500 will apply to Dr Scott Robinson's land when they take 5000sqm to widen a road. Video / Alan Gibson
What happened to house sales during lockdown: REINZ
Lockdown sales highest in Auckland, Canterbury, Wellington.