by Warren Head | Apr 13, 2023 | Economy, Latest News, Property
13.4.23 The latest Cordell Construction Cost Index (CCCI) shows construction costs rose 0.6% in the March quarter, well below the average quarterly increases of 2% recorded in 2021 and 2022. Meanwhile, the annual growth rate has dipped from a record high of 10.5%, to...
by Warren Head | Feb 13, 2023 | Companies, Latest News, Property
Convention Centre provision shadows FB half-year 13.3.23 (UPDATED) In an unusual development Fletcher Building this morning produced its expected results for the first half of FY23, which will be released on 15 February 2023, and updated earnings guidance for the...
by Warren Head | Jan 24, 2023 | Latest News, Property
24.1.23 Following consultations with the major investors, Auckland real Estate Trust’s board will be presenting to unitholders a proposal to delist the Trust. Investors will shortly receive a meeting notice for a General Meeting, which will occur in early...
by Warren Head | Jan 13, 2023 | Free, Property
13.1.23 There were 50,209 new homes consented in the year ended November 2022, up 3.2% compared with the year ended November 2021, according to Stats NZ. There were 28,364 multi-unit homes consented in the year ended November 2022, up 24% compared with the year ended...
by Warren Head | Jan 13, 2023 | Free, Property
13.1.23 "Those borrowing to buy their first or next home have six weeks of likely interest rate stability so now could be a good time to pounce," says Tim Kearins, Owner of Century 21 New Zealand. His comments come ahead of the Reserve Bank - for the first time in...
by Warren Head | Nov 29, 2022 | Property
29.11.22 Auckland metro office space vacancy continued to trend upwards over the six months to September to reach 8.9% from 8.0% recorded in March, reported Colliers International. Prime grade vacancy stood at 7.1% in September while the secondary grade figure...
