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South Auckland housing meeting 'highlights stark realities'

The stark realities of life for South Aucklanders in substandard Housing New Zealand and private rental homes were fully exposed at a South Auckland housing meeting today, Labour’s MP for Manukau East Jenny Salesa says.

Medium density housing the key to AKL's housing problem?

In the midst of Auckland’s housing crisis, one of the city’s leading residential home builders and its architectural partner are showing that medium density terraced housing is a viable, affordable and architecturally attractive option in an increasingly space restricted region.

5,700 apartments in Auckland pipeline

At a time of unprecedented attention on Auckland housing availability and affordability, plus OECD warnings that Auckland’s house prices are becoming a burden to Kiwi households and the wider economy, new research released by CBRE today shows that 5,700 new apartments are set to be developed ac

Average asking prices for all Auckland property now $500k+

In May the door continued to close on buyers trying to enter the Auckland house market with less than $500,000 to spend.

Sales volumes 'reflect cautious confidence in rural sector'

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 62 fewer farm sales (-11%) for the three months ended May 2015 than for the three months ended May 2014.

Property Institute warns of 'apartment bubble'

Property Institute of New Zealand Chief Executive, Ashley Church, is warning of an ‘apartment bubble’ as the likely consequence of two seemingly unrelated responses to house price inflation in the Auckland property market.

Nelson Housing Accord agreed between Govt and Council

A Nelson Housing Accord aimed at improving the supply and affordability of housing in the district has been signed today by Building and Housing Minister Dr Nick Smith and Mayor Rachel Reese.

Property: Auckland all about price; the regions about volume

REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 7,989 dwelling sales in May 2015, up 21.6% on May 2014 and up 10.4% compared to April.

First Special Housing Area for Queenstown Lakes

A 38-hectare site with the potential for 150 new homes near Lake Hayes has been announced as the first Special Housing Area under the Queenstown Lakes Housing Accord, Building and Housing Minister Dr Nick Smith and Mayor Vanessa van Uden announced today.

Auckland property values rise at fastest annual rate in 11 years

The latest monthly QV Residential Price Movement Index shows that nationwide residential property values for May have increased 9.0% over the past year and 3.1% over the past three months. This means they are now 24.1% above the previous market peak of late 2007.