Manawatu stories
Property sales jumped in May as lockdown eased, but volumes remained 46.6% below a year earlier and days to sell hit record highs.
Higher borrowing demand and scant listings pushed New Zealand’s national median house price to a record NZD $630,000 in November.
Palmerston North’s relative affordability is drawing buyers as median values jump 13.7% to NZD $415,000, far below Auckland.
Residents near contaminated defence bases say barriers to free PFAS blood tests are leaving them in the dark about exposure risk.
Public feedback opens on four cheaper routes after the Manawatū Gorge closure left the region without a safe state highway link.
CEDA hopes the site will give Palmerston North and Manawatu businesses easy access to business support, advice and resources.
Investors can buy into four North Island warehouses leased back to Provida, with the scheme targeting a projected 8 per cent annual return.
Fewer sales across every region in August suggest buyers remain cautious, even as national residential prices rose 8.2 per cent year on year.
