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Economists question house market rally: NZ, Auckland house prices up 9%, sales up 7%

Economists say the housing market's resurgence won't last after prices defied pandemic effect predictions and rose nationally 9.2 per cent from last June's $585,000 to $639,000 last month.Westpac senior economist Michael Gordon...

Source: nzherald.co.nz - Property | 14 Jul 2020 | 8:36 am

Covid-19 coronavirus: Govt delays over commercial rents causing 'pain, expense'

By Harry Lock for RNZ Small business owners are feeling abandoned by the Government, over what they call failures to implement proper, effective measures to control rent and lease arrangements.In early June, the Government promised...

Source: nzherald.co.nz - Property | 13 Jul 2020 | 11:53 am

Tenancy Tribunal: Showering renter compensated after landlord enters home

A landlord who used his own key to walk into a house while a person was taking a shower has been ordered to pay $300 for invading their privacy.In a just-released finding of the Tenancy Tribunal, property owner John Lee has been...

Source: nzherald.co.nz - Property | 10 Jul 2020 | 6:57 am

Centuria's $169m takeover for Augusta goes unconditional, acceptances on 65% of shares

ASX listed Centuria Capital has declared its takeover for NZX listed Augusta Capital unconditional, saying it now has acceptance on 65 per cent of the shares.Augusta shareholders get 22c in cash and 0.392 Centuria stapled securities...

Source: nzherald.co.nz - Property | 9 Jul 2020 | 8:48 am

Why are quake prone buildings any different to leaky homes?

Owners of apartments in earthquake prone buildings say the Government should foot some of the bill for strengthening costs, like the leaky homes bailout.It's a contentious issue because a grant involves a transfer of taxpayer funded...

Source: nzherald.co.nz - Property | 9 Jul 2020 | 5:28 am

Property market recovering, but September will be the true test

COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new expert on each episode. It's a time for cautious hope for...

Source: nzherald.co.nz - Property | 9 Jul 2020 | 5:00 am

Watch: Bird's-eye view of new rail station for City Rail Link

The Link Alliance has shown progress on the new Karangahape train station as part of New Zealand's biggest infrastructure project.Aerial footage of the new station for the $4.4 billion City Rail Link gives a view above Beresford...

Source: nzherald.co.nz - Property | 8 Jul 2020 | 6:45 am








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