Property Market stories
AI is revolutionising real estate by speeding up closings, enhancing fraud detection, and boosting efficiency, making the sector safer and more consumer-friendly.
JLL has launched the AI-powered Property Assistant to enhance property performance and boost financial returns across retail, industrial and office sectors.
Australia's data centre market is booming, with regional sites rising fast due to AI advances and renewable energy, doubling facilities in five years.
Fit out costs are on the rise across APAC, with Tokyo maintaining its position as the priciest city at USD $195 per square foot, according to Cushman & Wakefield.
Rents are easing nationwide, but tenants in Southland, the West Coast and Otago are still facing sharp annual increases.
High listings and a subdued labour market are keeping buyers in control, even after New Zealand property values edged up 0.2% in June.
Renters are gaining ground as national weekly prices fall to a near 18-month low, with supply rising sharply across most regions.
Stand-alone houses are regaining ground in Auckland and elsewhere, as Cotality's latest tool shows a patchy recovery with townhouses lagging.
New Zealand could miss out on billions as Australian curbs push overseas investors towards clearer markets and stall high-end sales at home.
Identity fraud in the UK real estate sector is rising sharply, prompting 65% of professionals to adopt digital tools for detection and prevention.
Melbourne startup PropApp launches a new property app to help Australian homeowners connect with trusted agents, prioritising privacy and tailored support in Victoria.
Experts highlight how investing in quality furniture, especially solid timber pieces, can boost a home's market value beyond traditional renovations.
Unclear residential property rules are pushing overseas investors towards Australia and Dubai, risking hundreds of millions in capital for New Zealand.
Rising tenant demand is exposing a shortage of green offices, with Auckland alone facing a 164,000 sqm shortfall, JLL says.
High stock and subdued sales are giving New Zealand buyers and sellers rare breathing room as prices stay within a tight band.
More than NZD $63 million was cut from home asking prices in the first quarter as higher stock and longer selling times forced sellers to negotiate.
MezFi appoints banking expert James Hardy to its advisory board as it nears the close of Fund 1, aimed at democratising mezzanine finance access.
Borrowers face a slower economic recovery, with the Reserve Bank signalling room for further OCR cuts as tariff uncertainty clouds mortgage rates.
Buyers still face a subdued market as national asking prices stay below last year’s levels, even with more homes listed for sale.
Falling interest rates have yet to shake New Zealand’s housing market out of its summer lull, with values up just 0.5% in three months.