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.
New analysis by economic consultants Infometrics shows the supply response to the housing crisis is on its way, with homebuilding consents forecast to hit record levels by 2018.
More than 55,000 New Zealanders have used Labour’s interactive housing map in its first week to see how the housing crisis is affecting their local community, Labour Housing spokesperson Phil Twyford says.
As the winter chill bites a new nationwide survey reveals the suffering those living in rental accommodation are enduring - and too often pleas to landlords to fix housing problems are being ignored.
Tenants in Auckland’s surrounding regions are feeling the pinch as median weekly asking rents continue to rise.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 401 more lifestyle property sales (+19%) for the three months ended June 2016 than for the three months ended June 2015.
PrefabNZ applauds central government’s hands-on leadership in pledging to deliver up to 140 homes for New Zealanders in need, using rapid delivery with modern methods of construction.
NZIER’s Public Good discussion paper Growing up in Auckland? Mapping drivers of residential land growth was released today. In this paper we decomposed growth in residential land into population growth, household size, and land use per capita.
The average asking price for a New Zealand property hit a new high of $590,850 in June but the rate of increase is easing, according to the latest Trade Me Property Price Index.
Property Council welcomes the release of Labour’s Comprehensive Housing Plan and sees it as a possible game-change in alleviating the housing affordability crisis.