Real estate stories
A glut of listings and high borrowing costs are keeping prices flat, with Auckland edging lower and buyers enjoying more choice.
IAB New Zealand's latest report reveals an impressive 4.3% YoY growth in total digital advertising revenue for 2023, totting a figure of $2.112bn, with Q4 seeing a 7.3% quarter-on-quarter boost.
Without demolitions data, councils cannot tell how much new housing is really being added, especially in brownfield areas such as Auckland.
Auckland and Wellington stand to gain from denser neighbourhoods, but planners say the 15-minute city model will not suit every suburb.
Could ease the housing shortage by letting developers build higher on larger merged sites, even as councils opt out of existing upzoning rules.
High mortgage rates and weak sales are keeping the housing market subdued, even as CoreLogic sees prices rising about 5% this year.
New Zealand home-build prices are still climbing, but only 0.3% this quarter as supply-chain pressures ease and labour shortages moderate.
More than 5,000 residential property managers in New Zealand could soon face minimum standards under a bill backed by REINZ.
More homes are coming to market, but cautious buyers and slower winter-style activity have kept January sales below expectations.
New waves of Covid and other viruses are forcing businesses to revive safeguards as hot-desking and caution fatigue raise workplace risks.
New Zealand’s housing recovery gathered pace last quarter, with national average prices up 2% and only Invercargill recording a fall.
Lower interest rates and firmer buyer-seller pricing are expected to lift commercial property sales after a weak 2022-23.
Central Otago Lakes District’s average asking price has jumped 19.3% year on year, underscoring a lifestyle-driven surge in regional demand.
Global spending on Anti-Money Laundering (AML) systems is projected to reach USD $51.7 billion by 2028, an 80% increase driven by AI's role in enhancing risk assessment, according to Juniper Research.
Group-IB reveals a 39% surge in ransomware attacks across APAC, with the region named as a prime target for advanced cyber threats.
Siemens to showcase sustainable building innovations at MCE 2024, including an energy-efficient magnetic valve and heat pump automation system, aimed at accelerating real estate decarbonisation.
IAB New Zealand's Q3 2023 report reveals a 7.3% year-on-year surge in digital advertising revenues, reaching $534.8m, signalling a bright future for the sector.
Australian proptech start-up 'FLK it over' capitalises on $2.5 million funding boost to fuel rapid growth, aiming to streamline the tenant signing process for real estate agents and diversify services.
Renowned British business leader, Sir Peter Rigby, is appointed honorary chair of Aston University's new Digital Futures Institute, offering expertise and connections to foster digital inclusion and innovation.
In a bid to revolutionise property and payment transactions, Australian tech firm Hutly welcomes seasoned industry leader John Natsioulas as its new Chief Technology Officer.