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Property

Green Party Bill puts renters' rights on the agenda

A Green Party Member’s Bill pulled from the ballot today will put renters’ rights firmly on the political agenda, where it belongs.

Low interest rates 'will mean busy spring'

"It’s yet to be seen just how much of the latest Official Cash Rate cut will be passed on by our retail banks.

Opinion: Oh, give me a home...

House price inflation is an issue of supply and demand - but it's the supply of easy money that is the real culprit, Massey academics say.

National's runaway housing market is hurting rest of economy - Greens

House price data released today shows no signs of a slow down to the overheated housing market and overdue cuts to the Official Cash Rate (OCR) tomorrow are likely to add further fuel to the fire, the Green Party said today.

Ravenswood launches commercial centre with major retailers

Ravenswood, the new 1300 section residential community in the heart of North Canterbury, has announced the inclusion of several major retailers as anchor tenants for its new commercial centre.

Auckland median prices hit record $825k in July - REINZ

Four regions hit new record high median sale prices in July, with the national median sale price rising by $5,000 to $505,000, only $1,000 shy of the record median price reached in May 2016, according to the latest data released today by REINZ, source of the most recent, complete and accurate rea

LVR loophole 'shutting home owners out of the market'

A loophole in applying LVR restrictions means home owners are struggling to get bridging finance and are effectively shut out of the intensely competitive property market.

Average Auckland house price $948,434 in July - Harcourts

The average house price in Auckland and Northland rose to $948,434 in July. Provisional data from Harcourts, New Zealand’s largest real estate group, shows the average sale price in the region is up 15% from July 2016, and up 14.5% compared to June 2016.

National house asking prices fall for the first time since April 2016

The national average asking house price fell in July - the first decline in three months - while demand continued to rise.

Nick Smith wrong about affordability - Property Council

The Government’s prediction that Auckland housing will become affordable by 2020 is wrong, according to Phil Eaton, president of the Auckland branch of the Property Council and managing director of The Greenstone Group.

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