Category: real_estate
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New Home Consents Rise 9% Nationally, Auckland Leads Growth
Aotearoa New Zealand experienced a 9.0 percent rise in new home consents in the year ending December 2025, reaching a total of 36,619. Auckland was the primary driver of this national increase, accounting for more than half of the growth.…
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New Zealand Household Saving Drops Sharply in September Quarter
New Zealand's household saving fell by $928 million to $703 million in the September 2025 quarter, compared to the previous quarter, according to experimental national accounts data. Household net disposable income also decreased by 0.7 percent, a drop of $471…
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New Home Consents Increase Driven by Multi-Unit Dwellings
New home consents in Aotearoa New Zealand increased by 7.0 percent in the year ended November 2025, with a total of 35,969 new homes consented. This rise was predominantly led by multi-unit homes, according to figures released by Stats NZ.…
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Media Monitor: RNZ reports on Auckland house fire, immigration issues, and Ikea delivery fees
RNZ is reporting that a lightning strike caused a fire that spread through the roof of a two-storey house in Auckland. The blaze occurred around 5:40 a.m. RNZ also said that lawyers are calling for accountability regarding what they describe…
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Affordable Housing Boost: Te Kāinga Te Puna Opens in Wellington
Wellington's newest Te Kāinga apartments are opening this week, introducing 80 warm, dry, affordable homes to the central city. The development, named Te Kāinga Te Puna, has seen strong demand, with over two-thirds of the tenancies already secured prior to…
Politics and GovernmentBusinessAustralasiaState GovernmentsReal EstateSocial Issues
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Rental Property Flow Data to be Reinstated in Price Indexes
Stats NZ will include the flow of rental properties measures (national and regional) in the Selected price indexes: November 2025 release on 16 December 2025. This data has been absent since November 2024 due to necessary work integrating the data,…
BusinessPolitics and GovernmentReal EstateEconomyState Governments
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Media Monitor: Consumer NZ on Retirement Village Changes
Consumer NZ is reporting that changes to retirement village rules will give more certainty to future residents but not to those who fought for them. It said the changes are a blow to current residents. Consumer NZ also provided a…
BusinessHealthScience & TechnologyWeatherSocial IssuesReal EstateMedical ScienceComputers and InternetEnvironmentGeneral Weather
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New Zealand Building Volume Rises Despite Overall Value Decrease
Statistics New Zealand reported that in the September 2025 quarter, the seasonally adjusted total building volume rose 1.5 percent compared with the June 2025 quarter. Residential building saw a 2.8 percent increase, while non-residential building experienced a 1.3 percent fall.…
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New Zealand Sees Increase in New Home Consents Driven by Townhouses
Aotearoa New Zealand experienced a 6.2 percent increase in new home consents in the year ended October 2025, totaling 35,552, according to Stats NZ. This rise is attributed to higher-density homes, particularly townhouses, flats, and units. Economic indicators spokesperson Michelle…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments
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New Zealand Home Consents Surge in September, Up 27%
New figures from Stats NZ reveal a significant increase in home consents across Aotearoa New Zealand. In September 2025, 3,747 new homes were approved, marking a 27 percent rise compared to September 2024. Accounting for seasonal variations, there was a…
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New Zealand Dwelling and Household Estimates Released for September 2025 Quarter
Stats NZ reported that at September 30, 2025, New Zealand had an estimated 2,133,400 private dwellings and 2,050,000 households. These national dwelling and household estimates serve multiple purposes, including planning and policy formation. They are also used for business decisions…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments
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New Zealand Home Consents Rise Annually and Monthly
New home consents in Aotearoa New Zealand increased by 1.3 percent in the year ending August 2025, with a total of 34,078 new homes approved, according to Stats NZ. The figures indicate a recovery, though numbers remain lower than the…
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Wellington City Council Welcomes Review of Earthquake Strengthening Criteria
Wellington City Council has welcomed Minister Penk’s announcement regarding a review of the criteria for buildings and other structures required to undergo earthquake strengthening. The council has made no further comment on the announcement.
Politics and GovernmentBusinessAustralasiaState GovernmentsReal EstateLegal
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New Zealand Household Net Worth Increases by 33%
Stats NZ reported today that the median household net worth in New Zealand increased over the three-year period ending June 2024. While wealth increased, the distribution of wealth across New Zealand households remained stable. In the year ending June 2024,…
BusinessPolitics and GovernmentEconomyReal EstateTradeFinancial MarketsState Governments
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Media Monitor: RNZ Reports on House Prices, Speeding Incidents, and Financial Planning
RNZ is reporting that house prices in New Zealand are generally flat, but values are starting to increase in some of the country's more affordable areas. It said property research firm Cotality, formerly Corelogic, released data showing the performance of…
BusinessPolitics and GovernmentSportWorldHealthEconomyReal EstateFinancial MarketsGeneral PoliticsFederal GovernmentTradeLaw Enforcement RNZhouse pricesCotalityAucklandspeedingGSTpensionRNZ News
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Construction Sales Decline by $720 Million in June 2025 Quarter
Construction sales experienced the most significant drop in the June 2025 quarter, according to Stats NZ. The sector saw a decrease of $720 million compared to the March 2025 quarter. This decline occurred within the 14 industries tracked by business…
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Media Monitor: RNZ Reports Fugitive Killed in Shootout
RNZ is reporting that fugitive Marokopa father Tom Phillips has been shot dead by police after allegedly ram-raiding a building in Piopio. It said a local police officer was also shot in the head in the early morning incident and…
Politics and GovernmentBusinessWorldLaw EnforcementLegalEconomyReal EstateSportAustralasia
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New Zealand Building Volume Declines in June 2025 Quarter
New Zealand's building sector experienced a downturn in the June 2025 quarter, according to the latest statistics. The seasonally adjusted total building volume decreased by 1.8 percent compared with the March 2025 quarter. Residential building fell by 2.9 percent, while…
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New Zealand Apartment Consents Rise in July 2025
New home consents in Aotearoa New Zealand experienced a slight decrease in the year ending July 2025. Stats NZ reported 33,879 new homes consented, a 0.1 percent decrease compared to the previous year. However, stand-alone house consents saw a 1.7…
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Ready-Mixed Concrete Volume Drops 10% in June 2025 Quarter
Statistics New Zealand reported that in the June 2025 quarter, the actual volume of ready-mixed concrete produced reached 891,909 cubic metres, a 10 percent decrease compared to the same period last year. The total for the year ending June 2025…
BusinessEconomyTradeReal Estate Ready-Mixed ConcreteStatistics New ZealandConstruction ActivityEconomic IndicatorsJune 2025WellingtonGovernment StatisticianStatistics NZ
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New Zealand Home Consents Rise, Led by Stand-Alone Houses
New home consents in Aotearoa New Zealand saw a 1.0 percent increase in the year ending June 2025, totaling 33,979 new homes, according to Stats NZ. This marks the first annual growth in the number of new homes consented in…
BusinessPolitics and GovernmentReal EstateEconomyAustralasia
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Toi Pōneke Arts Centre Announces New Home on Market Lane
Wellington City Council has announced that the Toi Pōneke Arts Centre will move to a new location on Market Lane, with the opening planned for June next year. The current Abel Smith Street site will close in early June 2026,…
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Media Monitor: Retail crime crackdown, murder charge, healthy homes
Media Monitor: 1News is reporting that the New Zealand government is cracking down on retail crime with harsher penalties and instant fines for shoplifting. Justice Minister Paul Goldsmith said the government hopes to bring the bill to Parliament in the…
Politics and GovernmentLegalSportWeatherLaw EnforcementReal Estate retail crimePaul GoldsmithMt Eden prisonmurder chargeHealthy Homes StandardscrimeOne News NZ
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New Zealand Home Consents Drop 3.8 Percent Annually
Aotearoa New Zealand saw a 3.8 percent decrease in new home consents in the year ending May 2025, with a total of 33,530 homes approved, according to Stats NZ. Despite this dip compared to the previous year, the numbers have…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateState Governments home consentsStats NZhousingMichelle FeyenBuilding permitsStatistics New Zealand
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Media Monitor: Auckland Supermarket Fire, RNZ Redundancies, Food Price Increase
Media Monitor: 1 News is reporting that a fire at an Auckland supermarket is still not under control, and firefighters are expected to remain at the scene overnight. Fire and Emergency NZ said crews were alerted to the fire at…
WorldPolitics and GovernmentBusinessMiddle EastEconomyGeneral PoliticsFinancial MarketsTradeReal Estate AucklandSupermarket FireRNZRedundanciesFood PricesStats NZNew World Victoria ParkOne News NZ
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New Zealand Housing Density Increases, Affordability Still a Challenge
A report released today by Stats NZ reveals shifts in New Zealand's housing landscape, marked by increased density and a rise in multi-unit homes. While home ownership has improved, affordability remains a significant hurdle for many. The report, titled *Housing…
BusinessPolitics and GovernmentAustralasiaEconomyReal EstateSocial Issues HousingAotearoaHome OwnershipHousing AffordabilityStats NZStatistics New Zealand
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NZ Building Volume Flat in March 2025 Quarter
New Zealand's total building volume remained stable in the March 2025 quarter, according to Stats NZ. The seasonally adjusted figures showed no change from the December 2024 quarter, with residential building increasing by 2.6 percent, offset by a 3.9 percent…
BusinessEconomyReal EstateAustralasia building volumeresidential buildingnon-residential buildingStats NZConstructionEconomic statisticsStatistics New Zealand
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Media Monitor: RNZ reports on McSkimming case, Auckland car fire, aviary dispute
RNZ is reporting that a High Court judge has reserved her decision on whether the media can report on the nature of allegedly objectionable material found on former deputy commissioner Jevon McSkimming's work computer. RNZ also said that a witness…
Politics and GovernmentLaw EnforcementBusinessWorldMediaSportSocial IssuesLegalEconomyEuropeAustralasiaEmployment and LaborReal Estate
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Trade Me Acquires 50% Stake in Stuff Digital Ltd
Trade Me is set to acquire a 50 per cent stake in Stuff Digital Ltd, which owns stuff.co.nz, New Zealand's largest website. The deal unites two major Kiwi brands, Trade Me, a leading property, motors, jobs and marketplace portal, and…
BusinessMediaEconomyDigital and Print PublishingTradeReal Estate Trade MeStuff Digital LtdSinead BoucherAnders SkoeMergers and acquisitionsstuff.co.nz
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New Zealand Home Consents Drop 17% in April 2025
New Zealand's Stats NZ reported a 17% decrease in new home consents for April 2025 compared to April 2024, with a total of 2,418 new homes consented. According to economic indicators spokesperson Michelle Feyen, the decline may be attributed to…
BusinessEconomyReal EstateAustralasia Home ConsentsStats NZHousingMichelle FeyenAnzac DayEasterStatistics New Zealand