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Progress on Pt England housing development

Legislation enabling a housing development at Point England and progress on Ngāti Paoa’s historical Treaty settlement has passed its second reading by 62-43, Building and Construction Minister Dr Nick Smith says.

MBIE releases new housing affordability measure

A new approach to measuring housing affordability will provide important information to support Government and other stakeholder decisions on housing, MBIE Deputy Chief Executive Building, Resources and Markets, Chris Bunny said today when releasing the Housing Affordability Measure.

Wellington housing market 'constrained by shortage of supply and red tape'

Tommy’s Real Estate, Wellington’s leading real estate agency, signed sales of 111 properties in the Capital in March, up on the 99 sales achieved in February.

Accessible Properties acquires more than 1100 Tauranga homes

From tonight Accessible Properties will take over the ownership and management of more than 1100 homes from Housing New Zealand in the Tauranga area.

Housing First launches to help Auckland’s homeless

A new initiative aimed at ending chronic homelessness in Auckland has officially kicked off.

Renting a typical Kiwi house now costs $500 a week

The median weekly rent for a typical New Zealand house hit $500 for the first time ever in February, meaning the annual cost for tenants is now $26,000 a year, according to the latest Trade Me Property Rental Price Index.

Disabled people in rentals 'most likely to be cold at home'

Thirty-eight percent of those disabled people in rented homes said they have difficulty heating, Stats NZ said today.

AVJennings begins more affordable precinct at Hobsonville Point

AVJennings announced today that it is now underway with the construction on the site of the 12.5 hectare Buckley B Precinct at Hobsonville Point, a project that will see the company deliver 114 of the 383 homes as affordable housing.

Auckland building activity up across the board

The value of building activity rose a seasonally adjusted 3.5 percent in the December 2016 quarter, Statistics New Zealand said today. Most of this rise was in Auckland, where residential building work rose 4.5 percent, and non-residential rose 17 percent.

Wellington sees strong growth in housing consents

Wellington is making good progress against its annual targets for new building consents, with 1204 new dwellings or sections consented in the last six months - well over half the 1500 targeted for the year.

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