News and Publications

Residential Market Comment: October 2017

The average time to sell in October was 27 days with the average for the last 3 months of 26 days. The 12- month average is 28 days. This indicates the pace of the market has slowed marginally with a reduction in demand leading to longer marketing periods.

Property News: 20 November 2017

Luxury lodge sold to beer baron: Scientist hits back at dam claims: House price fall may be just a blip: Grandstand gets its marching orders: Mapua masterplan leaves boaties high, dry: Cycle trail sections back in business

Property News: 13 November 2017

Trafalgar Park turf upgrade required: Region's population set to soar: Camping hotspot may be blocked: Helicopter house ready to land on auction block: Flow of Waimea dam plan info set to continue: Milestone for warm, healthy homes: Tiny homes to help solve big problem

Market Comment: Commercial October 2017

The Reserve Bank (RBNZ) continues to manipulate the Official Cash Rate intending to control the market and monitor inflation. With earlier inflation running below 1.00%, the Official Cash Rate (OCR) was lowered in November 2016 by 25 basis points to 1.75% with the intention of increasing economic activity and achieving the Reserve Bank’s inflation targets.

Property News: 6 November 2017

Businesses' hardstand hard time: Waimea dam plan 'doesn't stack up' says economist: Nelson bucks slowing trend: New seating desing for Bay park

Property News: 30 October 2017

Housing NZ home vacant for four years: Nelson quarry backfilled with contaminated soil: Trust has new grandstand plan:

Property News: 24 October 2017

Countdown overhaul: Rate rises to fund dam plan: New life breathed into old pub: Dam consultation plan approved: Nelson asked for $5m dam grant: Helicopter House auction nearing final approach path: Richmond two storey house plan

Market Comments: Residential September 2017

There were 67 sales in September 2017 compared to 81 for the same month in 2016 and 87 in 2015. The total number of sales for the year to date is 691, compared to 771 for the same period in 2016 and 773 for 2015.

Property News - 16 October 2017

Kohatu Park team revved up by progress: Our most expensive streets revealed: Hospice closer to fundraising target: Little Rock nightclub bedding down in new spot:

Property News - 9 October 2017

Airport flying high on boom and build: Surplus up and debts down for TDC: Fix for Modellers Pond drowning in costs: Regional house prices hold firm: Agreement reached over dam project: Pondering all the options: Whale survives playground revamp