Property Market stories
Adopt AI to unlock 1.3 million affordable dwellings: PointData
Analysis by PointData has identified 870,000 profitable new affordable homes and 425,000 new social housing dwellings across mainland Australia.
Bricks and Agent registers 185% revenue growth using AI
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.
'Tinder of real estate' - Kiwi property app launches
New app Yelsa, dubbed the Tinder of real estate, connects sellers with buyers in New Zealand, potentially saving thousands in fees and marketing costs.
Jasper raises $2.3m led by European real estate investment giant
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, looks to extend reach in ANZ
MRI Software snaps up Rockend to bolster ANZ property tech reach.
Software firm Re-Leased wins accolades at ExportNZ Awards
Napier's Re-Leased clinches top export award for innovative tech solutions.
Need the perfect flatmate? AI can help
A Kiwi entrepreneur has developed a flatmate-finding service called Mogeo, which is an algorithm that matches people to the perfect flatmates.
University of Auckland property students get a taste of VR
The University of Auckland’s Business School is now using virtual reality (VR) to teach students about construction and leaky homes.
Kiwi 'PropTech' startup raises $2.3m to fund expansion
Property tech firm Re-Leased has raised $2.3 million from New Zealand and UK investors in its first external capital round.
Skyfii renews data analytics contract with The GPT Group
Skyfii extends contract with The GPT Group for another three years, expanding its suite of analytics and marketing services.
Queensland property market finally welcomes the digital age
Queensland's property market leaps into the future with new digital platform PEXA, revolutionising $864bn asset transactions.
Flurry of IPOs tipped for NZX in coming months, says Nikko Asset equities analyst
Kiwi investors can expect a strong pipeline of initial public offerings from New Zealand and Australian companies listing in coming months to take adv.
NZ building consents fall for a third month in February
New Zealand residential building consents declined for a third month in February, as the pace of new home building slowed.
NZ Dollar Outlook: Traders split on kiwi direction amid volatility
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.
Tepid inflation surprise raises spectre of lower interest rates
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 houses prices fall in February as volume, listings pick up
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.
NZ house sales rise 2.6% in January, median price dips from December
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 January house prices slip from December's record in holiday lull
Auckland house prices edged lower in January from record levels the previous month as sales volumes steadied during the summer holiday period, acco.
NZ property value annual growth accelerates in January
New Zealand's residential property values grew at a faster annual pace in January as a shortage of houses for sale in Auckland continued to fan the.
NZ business confidence eases in December, still buoyant
New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.
NZ weekly rents rise 5.3% in November as annual increases slow
NZ sees a 5.3% rise in weekly rents for November, signalling a slowing trend in annual increases, with Trade Me noting housing rents plateauing.
Tame NZ inflation expectations may still be too high, RBNZ says
Tame expectations for increases in New Zealand consumer price increases could still be too high, and the Reserve Bank is reviewing the way it asses.
Bunnings triples annual profit in NZ as pickup in construction spurs demand
Bunnings, the hardware chain owned by Australian Wesfarmers, more than tripled annual profit in New Zealand, as a booming property market stoked de.
RESEND: Vital Healthcare flags A$14.4M of new projects, buys land in Melbourne
Vital Healthcare Property Trust, the country's biggest listed medical and healthcare property investor, has signalled A$14.