The number of properties sold by Harcourts was down sharply on year ago figures but the real estate agent is hopeful of a pick up in the property market. more... |
House sales volumes fell by a record amount in the first half of 2008, a report by economic consultants Infometrics shows. more... |
The median price of houses sold in October rose 1.5 percent from September but was 4.28 percent lower than a year ago, according to the Real Estate Institute of New Zealand (Reinz). more... |
Goodman Property Trust has cut its forecast cash distribution for the 2009 financial year to 10 cents a unit from 10.25 cents. more... |
Kiwi Income Property Trust today revised its projected cash distribution for the full year to 8 cents per unit. more... |
A proposed $600 million inner-city Auckland development project has been scuttled. Westpac had called a halt to funding the 20-building, 2.9ha Rhubarb Lane project, The New Zealand Herald reported today. more... |
Residential property prices fell 1 percent in October, taking the annual decline to 6.8 percent, according to QV Valuations. more... |
Goodman Property Trust has signed up Toll New Zealand as tenant of a new warehouse at its Savill Link industrial estate in Otahuhu. more... |