John Key should be taking action to crack down on speculation in our overheated housing market, instead of random musings on land tax, Labour Housing spokesperson Phil Twyford said.
Turning the first sod to mark construction for the second stage of Alexandra Park’s significant urban village development on Green Lane West will take place at 4.30pm on Thursday, 28 April.
Prime Minister John Key told TV One’s Q+A programme that the government could use a land tax to restrict foreign investment in residential housing under any re-negotiated free trade agreement with China.
An iwi-led housing project in Christchurch has been lauded today by the Minister for MÄori Development as another string to the bow of positive initiatives being driven by Te RÅ«nanga o Ngai Tahu for whÄnau in their takiwÄ.
Housing became substantially less affordable for first home buyers in Auckland last month, as a big jump in the region's lower quartile selling price more than offset falls in mortgage interest rates and increases in household income.
Law firms are struggling to keep up with the booming commercial property market, with signs of skill shortages emerging, a recruitment specialist says.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 42 fewer farm sales (-9.9%) for the three months ended March 2016 than for the three months ended March 2015.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 424 more lifestyle property sales (+24.8%) for the three months ended March 2016 than for the three months ended March 2015.
Investors now have the opportunity to own an interest in the eagerly anticipated Cider Building in Ponsonby, Auckland - which is anchored by a 20-year lease to General Distributors - with additional tenanted commercial space and street level retail.
New data shows that homeownership rates have fallen 3 per cent since National came to office despite the number of private rental properties rising by 83,600, Labour’s Housing spokesperson Phil Twyford says.