Efforts to cool Auckland property market taking effect Lower interest rates and the Reserve Bank’s loan-to-value ratio restrictions are making Auckland houses more affordable, according to the latest Massey University Home Affordability Report.
Prefab’s time has come - and not a moment too soon. As Auckland heads rapidly towards a more intensified future, it needs all the quality, fast, affordable, design and construction tools it can get. Prefab is one of those tools.
TÄmaki Regeneration Company (TRC) is excited about the opportunities that come with owning and managing all the social houses in the Auckland suburbs of Glen Innes, Point England and Panmure from 1 April 2016.
The ongoing strong growth in residential building construction seen today in the latest figures from Statistics New Zealand confirm the Government’s housing supply initiatives are working, Building and Housing Minister Dr Nick Smith says.
The number of new dwellings consented rose strongly in February after falling in the previous month, Statistics New Zealand said today.
There was a big jump in the lower quartile house price in Auckland last month, putting the dream of home ownership further out of reach for first home buyers, according to interest.co.nz's Home Loan Affordability Report.
The Tauranga City Council agreed yesterday to recommend to the Minister of Housing that two Special Housing Areas (SHAs) be established adjacent to previously approved SHAs in the Wairakei urban growth area, at Golden Sands and Palm Springs.
Today, Building and Housing Minister Dr Nick Smith officially opened Awatea Green - Christchurch’s newest neighbourhood planned, designed and built by Fletcher Living.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 411 more lifestyle property sales (+25.4%) for the three months ended February 2016 than for the three months ended February 2015.
The first completed houses at the Awatea housing development in Christchurch were opened this morning by Building and Housing Minister Dr Nick Smith, who welcomed today’s milestone as further progress in improving the supply and affordability of homes in the city.