The national Federation representing Kiwi landlords is warning against progressing with the flawed rental WOF scheme, claiming its trialed roll-out is raising serious concerns for both tenants and landlords.
With the Reserve Bank increasing interest rates as expected, the country’s most awarded home builder Jennian Homes has offered up advice for homeowners questioning how the interest rate hike will impact them and how best to maximise the opportunity.
Half of the baby boomers surveyed for a study on ageing say they plan to move or downsize as they get older - a trend government needs to factor into its housing policy and planning the study authors say.
Associate Health Minister Peter Dunne has welcomed the Psychoactive Substances Regulatory Authority’s (PSRA) decision to suspend the interim retail licences for 6 psychoactive substance product retailers in the Hamilton area.
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 6,125 dwelling sales in the month of February, down 7.6% on February last year, but up 29.8% compared to January.
Data from New Zealand’s largest real estate group Harcourts for the month of February shows that there is continued pressure on the housing market, with the average sales price sitting at $648,790 - up 18% on the same time last year.
The latest monthly property value index shows that nationwide residential values for February have increased 9.3% over the past year, and 1.8% over the past three months. This means they are now 13.1% above the previous market peak of late 2007.
The Bank of New Zealand’s Nine Rewards Consumer Trends Survey indicates that interest in buying residential rental property has almost doubled since the LVRs were introduced.
A 6.0 percent rise in residential building activity in Canterbury boosted the national increase to 2.5 percent in the December 2013 quarter, Statistics New Zealand said today.
The trend for the number of new dwellings consented continues to rise, and is at its highest level since September 2007, Statistics New Zealand said today.
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