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Red-hot for sellers: Christchurch housing market continues to boom, Ray White says

Red-hot for sellers: Christchurch housing market continues to boom, Ray White says

The Christchurch housing market is continuing to boom.

Ray White New Zealand South Island Regional Manager Jane Meyer said the auction property market remained red-hot for sellers.

No less than seven properties sold through their…

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Exclusive: University also spent $200,000 doing up controversial $5 million Parnell pad

Exclusive: University also spent $200,000 doing up controversial $5 million Parnell pad

Immediately after paying $5 million for a high-end property for its new boss, the University of Auckland spent close to $200,000 repairing its roof and swimming pool.

The university bought the four-bedroom property as a home for…

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Modest Auckland home sells for $2.4m - and it wasn't bought by a developer

Modest Auckland home sells for $2.4m - and it wasn't bought by a developer

Skyrocketing house prices have helped a humble Auckland home to sell for a whopping $2.4 million - and no, it wasn't a developer laying down the cash.

The Pt Chevalier home at 92 Kiwi Rd - which sold at auction this week for close…

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Covid 19 coronavirus: SkyCity Entertainment prepared for more lockdowns, no normality until 2022

Covid 19 coronavirus: SkyCity Entertainment prepared for more lockdowns, no normality until 2022

SkyCity Entertainment Group has prepared its business for the unpalatable prospect of more higher-level Covid-19 alert lockdowns and its boss doesn't expect a return to normal until around 2022.

"It's really only 2022 that we expect…

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What happened when isolation guests shared same building with NZ's flashest apartments

What happened when isolation guests shared same building with NZ's flashest apartments

Residents of one of Auckland's most expensive penthouse apartment complexes discovered in June that their building had qualified to become an isolation facility.

They were terrified.

Many in the 149 apartments at The Stamford Residences…

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Wellington's national music centre on shaky ground

Wellington's national music centre on shaky ground

The cost to redevelop a key building in Wellington's national music centre has blown out to $84 million- more than double the initial estimate.

The state of the Municipal Office Building (MOB) is the final nail in the coffin of…

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Watch: $13.5m tunnel boring machine assembled, on way here

Watch: $13.5m tunnel boring machine assembled, on way here

German manufacturer Herrenknecht did 500 tests to make sure it's ready and now the new tunnel boring machine for New Zealand's largest public transport infrastructure project is on its way from China.

The machine is at sea on the…

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Interest rate war predicted as banks look to lend more

Interest rate war predicted as banks look to lend more

By RNZ A mortgage rate war could be on the way as banks look to lend more money to potential home buyers.

Heartland Bank has stoked the fire with a record low, one-year fixed loan rate of 1.99 per cent.

Meanwhile, house prices…

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Christchurch house prices: Record median in 12 months

Christchurch house prices: Record median in 12 months

House prices in Christchurch have hit a record high.

New data from the Real Estate Institute of New Zealand shows the median price in the city was $503,000 as of September.

That's up from $495,000 in August and $475,000 from the…

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Reinz figures: The three factors leading to record house prices and volumes

Reinz figures: The three factors leading to record house prices and volumes

The housing market is bucking the trend, according to the Real Estate Institute of New Zealand.

While prices and volumes usually pause in the lead up to an election year, the nation and Auckland saw record volumes and prices this…

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