Auckland Council has used the new Development Capacity Model to reveal how many houses could be built under the Proposed Auckland Unitary Plan (PAUP).
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 8,121 dwelling sales in July 2015, up 37.8% on July 2014 and 9.4% compared to June 2015.
Century 21 New Zealand’s National Manager Geoff Barnett says he’s not surprised to hear that the median sales price this winter may be levelling out for some.
While Auckland house sales activity was at its highest in more than 15 years during July, price increases stalled with the average sales price at $827,359 remaining much the same as for the past two months.
Research released this morning shows the massive scale of the housing supply problem in Auckland, and the urgent need for the Government to intervene so that Aucklanders can have a chance to own their own homes, the Green Party said today.
Following the latest GDT auction result, Rural Value says there are already indications of a change in sentiment in the market which could lead to a decline in farm sale prices and values in some parts of the country.
The latest building consent data from Statistics New Zealand for the month of June and the latest quarter shows ongoing growth in residential building and a shift in new activity from Canterbury to Auckland, Building and Housing Minister Dr Nick Smith said today.
More homes were consented in the first six months of 2015 than a year previously, Statistics New Zealand said today. Between January and June 2015, 12,057 new dwellings, worth almost $4 billion, were consented.
Today Auckland Council has welcomed a new report that provides up-to-date information on the feasibility on how many houses could be built under the Proposed Auckland Unitary Plan (PAUP) based on current market conditions.
Housing became a little more affordable for first home buyers last month thanks to a combination of falling mortgage interest rates and a slight drop in lower quartile house prices.
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