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Harcourts Newsroom

Harcourts Newsroom

Real Estate News and Views

Browse: Home | Archive by category 'Commercial'
 

Commercial

November 9th, 2012

Harcourts Northern Region MarketWatch (October 2012, NZ)

Posted in: Commercial, Industry update, New Zealand, Newsletters, Property Management, Residential, Rural

This monthly newsletter includes the latest Harcourts Northern Region statistics along with comment from Harcourts NZ CEO Hayden Duncan and Harcourts Northern Regional Manager, Josephine Kinsella on region’s property market.

This month read about the commercial and rural markets plus the average price for rentals in Auckland.

For more information CLICK HERE

Tags:  auckland property market, Commercial, harcourts, market update, north island, Property Management, Rentals, Rural

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November 1st, 2012

Remuera moves to Mangere Bridge

Posted in: Commercial, Industry update, Mortgage Express, New Zealand, Property Management, Residential

Today Harcourts franchise Jenner Real Estate will take their brand into the seaside village of Mangere Bridge.

Officially re-opening today under the brand Jenner Real Estate this will be the second office for Jenner Real Estate. The office has been an existing Harcourts office for the last fifteen years and a desire to take the business to the next level was the catalyst for the ownership change.

Company Director of Jenner Real Estate Stu Jenner says his time in the industry has seen a lot of variations.

“Over my 25 years in the industry I have seen Mangere Bridge take on many guises but it is an up and coming suburb that continues to retain its tight knit community spirit. The community aspect is huge in Mangere Bridge.”

The rebranded office in Mangere Bridge will have five sales consultants and administration support covering residential and commercial sales plus property management.…

Tags:  20 year anniversary, affordable housing, auckland city, Commercial, Investments, mangere bridge, new office, property, Property Management, remuera, south auckland, stu jenner

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October 29th, 2012

Govt responds to housing affordability report

Posted in: Australia, Commercial, Industry update, NAI Harcourts, New Zealand, Property Management, Residential, Rural
by Hon Bill English, Finance

The Government agrees with the Productivity Commission that housing can be made more affordable, and has embarked on a wide-ranging programme to make that happen, Finance Minister Bill English says.

The Government today issued its response to the Productivity Commission’s report on housing affordability.

“High house prices matter because many New Zealanders spend a large portion of their incomes on housing and that has helped fuel household debt and contribute to damaging imbalances in the economy,” Mr English says.

“In particular, high housing debt diverts money from more productive investments, contributes to New Zealand’s significant overall level of indebtedness and exposes taxpayers to growing demands for State assistance with housing costs.

“Those factors make it vital that housing becomes more affordable. In addition, projections suggest that many more homes will be required in coming years than are being built.”

Mr English…

Tags:  1st time home buyers, Commercial, consents, developments, first home buyers, harcourts, house prices, housing, housing affordability, investors, property

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October 19th, 2012

Harcourts MarketWatch (October 2012, NZ)

Posted in: Commercial, Industry update, New Zealand, Newsletters, Residential, Rural

National figures continue to show an escalation of the housing market as it recovers from seven year lows.  As we move into the busiest time of the real estate calendar we anticipate more of the same in the coming months with written sales increasing 12.7%, new auctions up 25.2% all driving competition to increase the average sale price up 2.3% on this time last year.  To look at the results nationally is unfair given we are seeing different drivers affecting the cities and regions in different ways.

Hayden Duncan, Harcourts New Zealand CEO

@HarcourtsNZ

For an update and the statistics on the regions CLICK HERE

Disclaimer:  All Harcourts MarketWatch figures are current to the end of the reported month and are compared to the same month ended for the previous year.  ‘Written Sales’ is defined by all sales brought to contract status,

…

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October 17th, 2012

NAI Harcourts Market Leader (October 2012, NZ)

Posted in: Commercial, Industry update, NAI Harcourts, New Zealand, Newsletters

View the latest NAI Harcourts Market Leader by CLICKING HERE

In this issue….

Budding commercial market

Quality commercial properties with long-term leases remain in demand around Auckland while activity starts to pick up in the Northland region.

Exciting times for NAI Harcourts Whangarei

The sun is shining around Whangarei in many ways for the all new NAI Harcourts Whangarei team

Commercial going green

LED lighting, green walls, water collection…Could the commercial property market be making moves toward sustainability sooner than we think?

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October 3rd, 2012

Hospice West Auckland house sells $830,000 over RV

Posted in: Australia, Commercial, New Zealand, Residential

On the 27th of August 2012, Hospice West Auckland announced that they would be selling their original Hospice property in Woodford Avenue, Henderson and on Sunday the 30th they did – for $1,400,000.

The Woodford Ave property that fetched $1.4 million

With generous support from Harcourts West Auckland’s Blue Fern Realty, and Harcourts business partners, the six bedroom house on a 2407m2 site was marketed widely and sold well above its rateable value.

“The bidding started at $500,000 and the property sold under the hammer after being called ‘on the market,’ at $810,000, significantly over its $570,000 Rateable Value. The final sale price was $1,400,000 which blew away the crowd – as well as the vendor’s expectations,” said Cynthia Sherwood, Harcourts Blue Fern Sales Manager and agent for the property.

Zoned residential, Miss Sherwood said the buyer clinched a great property after an exciting bidding battle.…

Tags:  auction, Blue Fern, harcourts, proeprty, property values, selling by auction, selling property, valuation

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