The Ministry of Business, Innovation and Employment released the latest edition of the New Zealand Housing and Construction Quarterly today.
The number of new dwellings consented was 0.6 percent lower in February 2015 than in February 2014, Statistics New Zealand said today.
Queenstown’s continuing residential and commercial urban sprawl looks set to engulf another victim - with a substantial landholding on the edge of the town centre targeted for redevelopment.
In the latest auction results from New Zealand’s largest real estate group, one in five Auckland properties have sold under the hammer for over one million dollars.
The group representing community housing providers says the government focus needs to shift from asset sales to investment in families and healthy communities.
Students from the School of Architecture and Planning at the University of Auckland are helping bridge the generation gap with their design for affordable, residential housing for the elderly.
Labour is questioning whether homes proposed in a large soon-to-be-announced housing development on Christchurch Racing Club-owned land in Riccarton will be affordable.
The national median weekly rent continued to increase strongly in February landing at $410 per week, up 6.5 per cent compared with a year ago. This is just below last month’s all-time high of $420 per week.
Summer confidence has infected the residential property market and asking prices ticked up just over 1 per cent, according to Trade Me Property’s analysis of new listings for the three months to February 2015.
The Government is proposing changes to the Financial Assistance Package available under the Weathertight Homes Resolution Services Act to provide clarity of eligibility that will help more owners of leaky homes access assistance, Building and Housing Minister Dr Nick Smith announced today.
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