Property Market stories
Investment is spreading into Thailand's industrial and tourism hubs as supply chain shifts and higher ESG standards weaken Bangkok's dominance.
Vietnam's expanding property market has helped JLL build a 350-strong local team, with industrial, logistics and data centres now driving demand.
Higher borrowing costs and weak confidence have left Australia's spring housing market sluggish, with sales down 20.9% and selling times stretching to 41 days.
Long-term house price gains could now settle nearer 3% to 5% a year as supply, lending rules and incomes restrain New Zealand values.
Fewer homes are coming to market as weak seller activity and sub-50% clearance rates keep the spring auction season at its quietest since 2020.
Australia's spring auction market showed weaker selling conditions as reported sales fell below half despite volumes rising to 1,882.
Policy uncertainty and a stagnant housing market have deepened the slump in retirement village shares, even as analysts see recovery potential.
Investors on Upstix can now compare live rates from more than 160 specialist lenders before making an offer, speeding up deals.
Residential and commercial owners face higher rates bills after the district's rateable value climbed to NZD $8.353 billion on strong demand.
Buyer demand has kept the spring auction market subdued, with the combined capital clearance rate slipping to 44.1% and Sydney down to 45.6%.
Lower prices are drawing investors back to Auckland, but weak rents, higher costs and modest capital growth are limiting the appeal.
Home sellers face weaker demand as QV says buyers have the upper hand and the average New Zealand house value has slipped to $892,580.
Planning delays, labour shortages and weaker small builders are slowing Australia's housing pipeline, with only 23% of new home builds finishing on time.
Auckland sellers are facing longer waits and steeper losses as the average asking price slips below $1 million for the first time in six years.
Fewer than half of capital city homes sold at auction last week, as volumes dropped 23.8% and Sydney dominated activity despite a softer market.
National home values are now 5.2% below their March peak, as weaker sales and rising stock point to a broader housing slowdown.
An urgent Somerset hotel refinance completed in under a month, helping the borrower avoid default after a valuation was reused to save time.
More homes changed hands as vendors met the market, with clearance rates lifting to a 19-week high even as values stayed below a year ago.
Many buyers are overlooking flood and other hazard risks, leaving some homeowners exposed to higher premiums or uninsurable properties.
Property owners could save about NZD $107 million as new earthquake rules cut the number of Rotorua buildings classed as prone from 66 to 40.