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Property

Govt challenged to make all NZ homes safe

Leading home builder Jennian Homes has challenged the Government to reduce the number of serious home-related injuries by extending the rental home warrant-of-fitness scheme, proposed by several political parties, to cover all homes in New Zealand.

August real estate market 'idling'

REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 5,481 dwelling sales in the month of August, down 16.3% on August 2013 and down 7.0% compared to July.

Industrial property 'the steadiest performer'

Industrial property has been identified as the steadiest performer in the real estate market by a new report.

Sections in Auckland subdivision sell at 'phenomenal' rate

Sections within a new subdivision south of Auckland are being snapped up off the plans at an incredible rate, as buyers target affordable property on the city’s extending boundary.

Building activity steady

Building activity volume showed a small increase in the June 2014 quarter, Statistics New Zealand said today. "Overall building activity volume increased 1.0 percent in the June 2014 quarter, following 15 percent growth last quarter," business indicators manager Neil Kelly said.

Dwelling consents trend continues to rise

The trend for the number of new dwellings consented is at its highest level since August 2007, Statistics New Zealand said today.

SHAs to boost Wellington housing supply

Wellington City Council yesterday approved eight special housing areas (SHAs) and qualifying development criteria under the Wellington Housing Accord.

One down, 12 to go says Community Housing Aotearoa

The Waimahia Inlet is a step in the right direction for community housing to deliver 20% of New Zealand’s social and affordable housing by 2020, says Community Housing Aotearoa.

Dunedin rental market deteriorating - report

Community Housing Aotearoa is commending Presbyterian Support Otago for shining the spotlight on the deteriorating quality of the private rental market in Dunedin.

Office sector leads NZ commercial property returns

The PCNZ/IPD New Zealand Quarterly Property Index Q2 2014 results, released today, showed a total return of 11.1% for the year-ending June 2014. This was comprised of 7.7% income return and 3.1% capital growth.