Residential property - particularly in Auckland - is in for another year of strong growth according to Property Institute of New Zealand Chief Executive, Ashley Church.
The new Tauranga Housing Accord has been signed by Tauranga City Mayor Greg Brownless and Minister for Building and Construction Dr Nick Smith.
The volume of residential building work rose 2.4 percent in the September 2016 quarter, Statistics New Zealand said today. This rise followed 5.7 and 5.6 percent increases in the June and March quarters, respectively.
Land suitable for 60 apartments on the Te Atatu Peninsula is the latest addition to the Crown Land Programme, Building and Housing Minister Dr Nick Smith says.
A new social housing complex of 120 apartments is to be built on surplus Crown land and an adjoining Housing New Zealand site in Auckland in partnership with local iwi, Ministers Paula Bennett and Nick Smith have announced.
Just four townhouses offering a luxury living experience remain for sale in Alexandra Park’s celebrated urban village development currently under construction on Greenlane West, Epsom.
With Auckland’s population increasing by the equivalent of the populations of Invercargill and Whanganui, community housing providers are proposing a sensible solution to increase the supply of affordable homes in Auckland.
Despite a nationwide drop in sales volumes, Auckland is one of four regions to hit record high median sale prices in October, while the national median price eased by $5,000 to $510,000, according to the latest figures released today by REINZ, source of the most recent, complete and accurate real
Housing New Zealand has achieved some significant wins in the 2016 financial year, including exceeding its new-build target, housing more families than the previous year and investing a record amount into upgrading its properties.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 155 more lifestyle property sales (+7%) for the three months ended September 2016 than for the three months ended September 2015.