Ten heritage building owners will benefit from the latest round of Wellington City Council’s Built Heritage Incentive fund after their applications were approved today.
The decision by a panel of commissioners appointed by Auckland Council to allow new houses to be built on a disused quarry site in Mount Eden has been welcomed today by Building and Housing Minister Dr Nick Smith.
The phenomenon known as the ‘Auckland effect’ has infiltrated the Bay of Plenty property for sale market and it has become the second most expensive region to buy a house, according to October’s Trade Me Property Price Index.
A Lincoln University expert says new figures are making it clearer investing in more central business district (CBD) office space makes no financial sense for developers.
Property Council is optimistic about Labour’s housing reforms announcement made by Housing spokesman Phil Twyford. Property council chief executive Connal Townsend believes the annoucemnet paves the way to lateral thinking about addressing New Zealand’s housing problem.
Labour’s ground-breaking new policy on reforming planning rules will make housing more affordable, Labour’s Housing spokesperson Phil Twyford says.
Building and Housing Minister Dr Nick Smith has rejected data used in a media report published today on the number of homes completed in Auckland under the Housing Accord with Auckland Council, saying the pace of residential construction in Auckland is at a 10-year high and is continuing to grow.
The latest monthly QV House Price Index shows that nationwide residential property values for October have increased 14.0% over the past year which is the fastest rate since March 2006. Values rose 4.7% over the past three months and are now 33.3% above the previous market peak of late 2007.
New Zealanders are moving towards the idea of mixed-use development where housing is within walking and cycling distance of key amenities like work, school or shopping, according to a survey carried out by the New Zealand Centre for Sustainable Cities.
A new tenancy bond service goes online today as part of the Government’s programme of making public services more convenient and easier, Building and Housing Minister Dr Nick Smith has announced.
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