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Southland leads the charge with strongest property value growth in June

National property values have continued to fall with a decline in the rate of annual growth from 3.8% in June 2018 to 1.7% in June 2019, although values are still in positive territory, according to the Real Estate Institute of New Zealand (REINZ) latest House Price Index.

McLaren sportscar comes with property

An eight-hectare property in North Auckland is for sale, and it comes with something extra special. The lucky new property owner will get a volcanic orange MP4-12C McLaren sportscar for free!

Home consents hit 44-year high

A total of 33,576 new homes were consented in the year ended January 2019, the highest number of new homes consented in a year since early 1975, Stats NZ said today.

What evidence-based ‘healthy home’ standards look like

Evidence-based rental property standards would require ceiling insulation to the 1978 standard, no sub-floor insulation, and nothing more, Tenancies War spokesman Mike Butler said today.

Updated KiwiBuild figures released

KiwiBuild has today issued updated figures for the number of KiwiBuild homes under contract, construction, committed to be built, completed or sold. Number of homes contracted and committed: 10,160 with thousands more planned in our Large Scale Projects.

National average asking price steadies over 2018

One year ago (December 2017) the national average asking price for a home was $660,798 on realestate.co.nz, the country’s largest property listing site. One year later (December 2018) it sits at $673,043.

Hamilton house prices have found their mark

The Real Estate Institute of New Zealand released their monthly residential property data today, showing Hamilton’s median house price dipped 2.3% between October and November and now sits at $555,000.

First KiwiBuild homes for central Wellington

The first KiwiBuild homes for central Wellington are on the way following an agreement with The Wellington Company to build a new apartment building in Mount Cook, Housing and Urban Development Minister Phil Twyford has announced.

First KiwiBuild families welcomed to their new homes

The first 18 KiwiBuild families have been welcomed to their new homes by Prime Minister Jacinda Ardern, Housing and Urban Development Minister Phil Twyford and the local community.

Minister rightly lacks confidence in KiwiBuild - Collins

Potential KiwiBuild buyers will be rightly concerned that the Government is being unclear whether developments will be mixed KiwiBuild and State Housing National’s spokesperson for Housing Judith Collins says.

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