Property Market stories

BRKZ has secured USD $17 million in Series A funding to enhance construction procurement in Saudi Arabia, raising total funds to USD $22.5 million.

Non-bank lender Bridgit has expanded its distribution team with the appointment of five Business Development Managers to meet rising business demand.

Analysis by PointData has identified 870,000 profitable new affordable homes and 425,000 new social housing dwellings across mainland Australia.

The proptech company Bricks and Agent almost tripled in size (185% of revenue growth) last year and now has more than 1,300,000 users in ANZ and the UK.

New app Yelsa, dubbed the Tinder of real estate, connects sellers with buyers in New Zealand, potentially saving thousands in fees and marketing costs.

Proptech startup Jasper has raised $2.3 million in a funding round led by pan-European investment and asset management firm M7 Real Estate.

MRI Software acquires Rockend to bolster its reach in the property management sector across Australia and New Zealand, serving 6,000 clients.

Napier software firm Re-Leased has triumphed at the ExportNZ Hawke's Bay ASB Exporter of the Year Award, lauded for its innovative, scalable tech solutions.

A Kiwi entrepreneur has developed a flatmate-finding service called Mogeo, which is an algorithm that matches people to the perfect flatmates.

The University of Auckland’s Business School is now using virtual reality (VR) to teach students about construction and leaky homes.

Property tech firm Re-Leased has raised $2.3 million from New Zealand and UK investors in its first external capital round.

Skyfii extends contract with The GPT Group for another three years, expanding its suite of analytics and marketing services.

Queensland's property market leaps into the future with new digital platform PEXA, revolutionising $864bn asset transactions.

Kiwi investors can expect a strong pipeline of initial public offerings from New Zealand and Australian companies listing in coming months to take adv.

New Zealand residential building consents declined for a third month in February, as the pace of new home building slowed.

The New Zealand dollar has recently been at the mercy of US dollar volatility and analysts are split on what direction it may take this week.

Any further downward surprises in New Zealand's already tepid pace of consumer inflation may warrant an interest rate cut, the Reserve Bank says.

Auckland house prices fell in February, as listings rose and the number of properties sold reached its second-highest level in seven years for that mo.

New Zealand residential property sales rose in January from the same month last year, while data confirmed house prices in Auckland continue to gal.

Auckland house prices edged lower in January from record levels the previous month as sales volumes steadied during the summer holiday period, acco.