WELLINGTON, New Zealand (AP) – Rising home prices are often welcomed as a sign of a country’s economic health and vigor. But in New Zealand, concern is growing that prices have risen so high they are ...
This sleek estate on New Zealand’s South Island doesn’t make you choose between mountain or river views. Set against the picturesque Shotover River and surrounded by striking alpine ranges, you get ...
New Zealand house-building costs rose at the slowest pace in more than seven years as high interest rates and economic uncertainty curb demand for new homes. Construction costs rose 2.4% in the year ...
BENGALURU (Reuters) - New Zealand home prices are expected to rise steadily through 2027 as the market recovers after posting annual declines in the last three years, according to a Reuters poll of ...
WELLINGTON (Reuters) -New Zealand on Monday said it will open its housing market to wealthy foreigners who invest in local businesses, reversing a previous ban in expectation it will boost economic ...
New Zealand mortgage interest rates are beginning to drop although it may be late 2024 before borrowers notice meaningful declines. Data on so-called special mortgages compiled by the Reserve Bank ...
After years of keeping foreign buyers on the sidelines, New Zealand is swinging its doors back open to high-net-worth investors. Since 2018, anyone without residency has been effectively locked out of ...
WELLINGTON, New Zealand — New Zealand will relax a ban on foreigners buying homes in the country to allow some wealthy overseas business investors a single high-value residential property purchase, ...