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Hamilton is growing

Hamilton’s population has grown strongly over recent years and future projections see growth continuing, with the number of residents increasing from 161,000 in 2016 to around 177,000 by 2021. Hamilton has a favourable age profile with the youngest and most highly skilled workforce in the country.  39 percent of the city’s residents are employed in…

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Day of reckoning to come

  Falling house price expectations reflect the impact of the “artificial downturn” engineered by the Reserve Bank, according to the Property Institute. The Institute’s latest poll shows that the number of people expecting house prices to rise in the next six months is down to 43%. This is the lowest level since the poll started…

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Values remain steady in housing market but sales volumes drop as banks tighten lending criteria

The latest monthly QV House Price Index shows nationwide residential property values for June increased 8.1% over the past year which is the slowest annual rate since March 2015. Values rose by 1.2% over the past three months and the nationwide average value is now $639,051 which is 54.2% above the previous market peak of…

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Rising build costs bad news

More new dwellings are desperately needed in cities around New Zealand, particularly Auckland, but new data shows that building costs are on the rise. New Zealand’s glaring shortfall in housing supply is widely recognised – and yet the number of dwellings needed to address the problem are simply not being built. While there are several…

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MIT .nano Building Tour

Last week I was privileged to tour MIT’s new 18,000m2 nanoscience and nanotechnology research facility currently under construction at the heart of the MIT campus in Boston at the cost of NZ $485 million.   The building represents one of the largest commitments to research in MIT’s history. On completion the building will house 2000…

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A $7 million redevelopment plan for Hamilton’s former slum Jebson Place

Work is set to begin this year on 71 new homes planned for the former Jebson Place site. The Government has announced that it will sink about $7 million into redeveloping the Hamilton East site and its surrounding area. Social Housing Minister Amy Adams said on Thursday the project is a partnership between Housing New Zealand and Waikato-Tainui.…

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Uber sparks cabbie war in Hamilton

Uber​ is finally coming to Hamilton – but cabbies say they’ll fight back with service. The “ride-sharing” app service plans to launch in Hamilton at the end of the year, and will start laying out the groundwork by mapping out the streets around the city. The service allows users to get cheaper fares by using the app to…

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