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Property news
House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.
$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.
Daughter ‘slightly horrified’ after mum buys ex-brothel
History-making Napier home snapped up for $475,000.
Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report
Ralph Lauren, have we got a house for you: Hawke’s Bay retreat looking for $10m-plus buyer
“It’s quite heart-breaking selling this house.”
Mountain for sale: Iconic station has been in family for more than 100 years
'Time for someone else to have a go' with one of Hawke's Bay's most outstanding features.
Retirement village vacancies rise: Ryman's chairman Dean Hamilton explains
Opening three new hospital buildings in Auckland and Hastings pushed up vacancies.
Napier keeps controversial site in strategy plan, Hastings votes no to building on fertile land
Two proposed residential development sites in Havelock North were removed from the FDS.
'They built it together': Son selling iconic winery eight years after dad's death
'Since my father died, my mother, she comes over here more to cry than anything else.'
Plans for 1000-plus homes on reclaimed Napier farmland cause concern
The proposal includes over 1000 new homes on reclaimed farmland near Hawke's Bay Airport.
Ex-Block star: ‘We lived on a building site. My kids used the frames as jungle gyms’
He is selling his dream home after the renovation itch strikes again.
Property news around NZ
Bought for $1.2m, tired mansion resells 30 years later for nearly $8m
Sale of eight-bedroom property in Auckland's St Marys Bay was aimed at developers.
‘Bad situation’ - Call for deeper rate cuts as global uncertainty hits house prices
Banks revise their forecasts against backdrop of Middle East conflict.
Billy's, the newest hospitality venue at Ayrburn
Billy's, the newest hospitality venue at Ayrburn outside Arrowtown, opens on July 5th. Video \ Jason Dorday
'It's a steal' - quirky home with trains in the backyard sells for under $1m
Vendors were living 700km apart while waiting for a buyer.
Tony Alexander: Property investors caught in a trap
They can't find good tenants, and buyers have all the power.
'Struggle' - TV series producers on problems filming around Queenstown
Brad Pitt just visited but film-makers tell how hard it is to make shows in Queenstown.
More Hawke's Bay Property news
JLL retirement village study: population up, companies adjust growth
Most older people do not live in such villages, even with 53,000 people there now.
Xero founder Rod Drury got $12m for his Hawke's Bay mansion
The rich-lister's home set a record for the region.
Water funding remains problem for councils
A rural mayor says there’s no incentive for councils to band together in new entities.
Are 1576 new homes heading to the scrap heap? Full list of developments on hold at KO
Future of big housing developments hangs in the balance.
Hawke’s Bay apple industry: Newcomer buys 70ha of orchards amid industry shake-up
A German-owned newcomer has bought the apple orchards in Twyford.
Flaxmere lost New World, Havelock North gets new replacement store
Opening date announced for replacement supermarket in affluent, growing area.
$150m+ investment: Where are eight new Foodstuffs North Island replacement supermarkets going?
Economic downturn didn't dent our food market: biggest owner expanding, replacing stores.
'True to their word' – infrastructure chief on Budget 2024
'Government appears to have recognised the deficit with roading and rail maintenance.'
Where new supermarkets have opened and might rise soon
Where are new stores opening? One store shut in Flaxmere but that's been eclipsed.
Real estate agent wins court dispute over commission on $6.6m sale
Station was sold between brothers' trusts in a "family arrangement".
Freedom from secrecy and shame: How a sex abuse victim has transformed her life
'Now I live a life that I thought only existed in movies or books.'
Business backing huge solar farm fails, creditors want $12.3m
Council said the venture supported its aspirations. Now, it is a creditor.
Retirement village giant unveils $335m expansion at two NZ sites
Purchases allow the business with 36 existing villages to develop two more new ones.
Cyclone Gabrielle: Infrastructure to trump housing in possible $13b repair
Rebuild unlikely to have a big impact on reversing the slowdown in residential building.
Evacuations and no power: The fate of 1000 retirement village residents during cyclone
"Mobile generators were a godsend. In our new villages, we’re building generators."
Cyclone Gabrielle: 6 Summerset villages lost power, communications
"Ran essential services on generator power, fully supplied with food and medication."
'Selling a house is not a hopeless exercise': Inside Hawke's Bay's property market
Agents say the property market is slowly, but surely, improving.
House values fall close to 10pc in a year in Napier
Lines were once out the door. Now agents are 'lucky to get two or three to an open home'.