Residential consents up

  NZ residential consent issuance climbed a seasonally adjusted 1.9% in January (up 1.9% in the 3-months to January). Annual new residential consents lifted to 36.9k, a 9.3% climb on the previous year, noted ASB Bank. Residential construction costs dipped, with...

Record level of Wellington rentals

Wellington reached a record high of 965 properties listed for rent, a whopping 54.2% more rental listings than the same time last year. However, students heading south face a much tighter rental market. Otago’s new rental listings were down 32.9% year-on-year, with...
Central Otago tops rent ladder

Central Otago tops rent ladder

8.1.25 Central Otago Lakes District is the most expensive place to rent in New Zealand, by more than $200, reveals the latest data from realestate.co.nz.   The region’s average rental price hit an all-time high of $891 per week in December 2025, 11.8% more than...

ASB adjusts interest rates

18.1.225 ASB has lifted some of its fixed home loan and term deposit rates and lowered its 6-month home loan rate to a market leading 4.65%, in response to longer term wholesale rate movements. Fixed mortgage rates are influenced by a variety of different market...

LIM rules on natural hazards

New rules that make natural hazard information in Land Information Memoranda (LIMs) clearer, more consistent, and easier to understand came into effect for councils on October 17. The new regulations standardise how hazard information must be summarised and presented...

Door part open for foreign buyers

  26.9.25 Atom Go Tian Senior Data Analyst Ray White Group New Zealand has partially lifted its foreign buyer ban, allowing “golden” visa owners to purchase a single residential property valued at $5 million or more. This represents a significant policy shift...