Infrastructure Investment stories
Rising mortgage costs and tighter lending rules are expected to cool the market, even after values posted their first monthly acceleration in six months.
Vacancy rose across Auckland and Wellington offices, shops and warehouses in 2020, but low rates and investor demand kept yields firm.
Home buyers could gain from easier grants, while investors face a tougher tax regime and rents may rise as a result.
Low rates, fiscal stimulus and reopening borders should support New Zealand property values in 2021, though office and retail risks remain.
Affordability is worsening for first-time buyers as house prices outpace incomes, deepening the housing divide and fuelling political pressure.
Low rates, pent-up demand and $85 million of infrastructure spending are helping Queenstown’s property market recover after Covid hit confidence.
Takapuna could gain from a post-lockdown office shuffle as workers seek cheaper space and more home working weighs on Auckland's CBD.
The 361-hectare South Auckland project could add USD $2.3 billion to the economy and house 2,000 people by 2027.
Public buildings face tighter access controls as coronavirus drives demand for safer, greener entrance systems across Australia and New Zealand.
Jobs and cashflow are under pressure as New Zealand's construction sector braces for a slow restart after lockdown.
Demand for affordable Auckland townhouses is squeezing supply, as first-home buyers snap up projects off the plans before building begins.
Transport spending could lift office, industrial and retail demand, but it may also squeeze supply and push up development costs.
A new report has reinforced pressure on ministers to back council infrastructure spending, after all eight cities were classed as severely unaffordable.
Tight listings and lower bank serviceability tests are helping to lift New Zealand house values, with Auckland appearing to have bottomed out.
Sixty-one terraced homes in Manukau will be priced from GBP £289,000, as the project packages whiteware, landscaping and parking.
Nationwide house values rose 0.4% in October, as easing lending tests drew buyers back and lifted annual growth to 2.8%.
Home buyers have driven Turangi's median property value up 41% in a year, leaving it at NZD $260,000.
New Zealand property investors remain upbeat despite a proposed capital gains tax, with Colliers finding prices and confidence still broadly positive.
NSW’s near GBP £47 billion infrastructure pipeline is expected to lift property values and spur development around three Sydney rail projects.
Patients could get faster access to prescribed cannabis as Melbourne Airport prepares to host Australia’s largest medicinal marijuana plant.
