{"id":2537,"date":"2017-03-29T09:00:23","date_gmt":"2017-03-29T08:00:23","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=2537"},"modified":"2017-03-29T09:00:23","modified_gmt":"2017-03-29T08:00:23","slug":"positive-outlook-nz-property-sectors","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/positive-outlook-nz-property-sectors\/","title":{"rendered":"Positive outlook for NZ property sectors"},"content":{"rendered":"<p><strong>Estate agents in New Zealand are predicting another successful year for the buy-to-let and commercial property markets.<\/strong><\/p>\n<p>Bayleys surveyed a range of economists, property analysts, business leaders and politicians and, while the results suggested that growth will become slower in the commercial property market, they also found that there was a \u2018long tail yet\u2019.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"ePMyONKEVD\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/24\/knight-frank-reveals-prime-rent-index\/\">Knight Frank reveals prime rent index<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Knight Frank reveals prime rent index&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/24\/knight-frank-reveals-prime-rent-index\/embed\/#?secret=SKV44gDUmd#?secret=ePMyONKEVD\" data-secret=\"ePMyONKEVD\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Wellington\u2019s commercial property market seemed to have benefitted from the earthquakes which took place in November 2016, as they resulted in reduced stock and improved vacancy levels.<\/p>\n<p>Meanwhile the forecast from agency Crockers focused more on residential landlords. The survey, which was commissioned from forecaster Infometrics, predicted that net immigration will continue to rise to a record 72,000 by the middle of the year, before easing during the middle of 2018 to around 64,000 people.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"tn0di5AvmE\"><p><a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/17\/asia-pacific-room-investment-growth\/\">Asia Pacific has room for investment growth<\/a><\/p><\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Asia Pacific has room for investment growth&#8221; &#8212; BuyAssociation Group\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/17\/asia-pacific-room-investment-growth\/embed\/#?secret=aUNBy7mn8V#?secret=tn0di5AvmE\" data-secret=\"tn0di5AvmE\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Infometrics believes that the higher numbers will have a <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/03\/08\/chinese-buyers-invest-new-zealand\/\" target>positive effect on the property market<\/a> over the next 12 months. The firm is also predicting that interest rates will climb higher throughout 2017 with one- and two-year fixed rates climbing to 5.2% by early 2018.<\/p>\n<p>Growth in the nation\u2019s largest city of Auckland had slowed 3.3% \u2013 0.7% below the national average. However some suburbs on the outskirts of the city, including Rodney and Franklin, were experiencing rent inflation of up to 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Estate agents in New Zealand are predicting another successful year for the buy-to-let and commercial property markets. Bayleys surveyed a range of economists, property analysts, business leaders and politicians and, while the results suggested that growth will become slower in the commercial property market, they also found that there was a \u2018long tail yet\u2019. Knight<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/positive-outlook-nz-property-sectors\/\" title=\"ReadPositive outlook for NZ property sectors\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1069,"featured_media":4431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[141],"tags":[218,239,244],"class_list":["post-2537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-overseas-property","tag-australia","tag-foreign-property","tag-new-zealand"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=2537"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/2537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/4431"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=2537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=2537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=2537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}