Housing became significantly less affordable in November, according to the Roost Home Loan Affordability Index.
An overwhelming nine out of ten New Zealanders rate good sun and insulation as ‘important’ or ‘very important’ when choosing a new home - far outweighing other factors.
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 7,416 dwelling sales in the month of November, up 6.5% on November 2013 and up 12.2% compared to October.
Auckland Council says data showing nearly half of New Zealand’s children moved house at least once before their second birthday is a sign that renters need more security on the length of their leases.
November saw a 1.9% increase over the previous month in the national average asking price of homes for sale, reaching an all-time high of $497,840. In addition, the number of new property listings remains high with 13,512 new listings in November, a 2% lift on the same month last year.
If John Key is serious about tackling the housing crisis he should adopt moves by Australia’s Parliament to crack down on overseas speculators who are driving up prices, Labour Leader Andrew Little says.
Provisional residential data from New Zealand’s largest real estate group Harcourts for the month of November shows written sales continue to increase, up more than 20% compared to last year.
In current prices, the unadjusted value of all building activity in the September 2014 quarter reached $4 billion for the first time, Statistics New Zealand said today.
A campaign to encourage Kiwis to think about the future when building or renovating their home; ensuring homes are easy to use, adaptable, accessible and safe to visit and live in, launches this Wednesday 3 December.
The trend for the number of new dwellings consented is decreasing, Statistics New Zealand said today.
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