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Auckland leads price rise as volumes continue to fall

Despite a nationwide drop in sales volumes, Auckland is one of four regions to hit record high median sale prices in October, while the national median price eased by $5,000 to $510,000, according to the latest figures released today by REINZ, source of the most recent, complete and accurate real

Housing New Zealand exceeds new build target

Housing New Zealand has achieved some significant wins in the 2016 financial year, including exceeding its new-build target, housing more families than the previous year and investing a record amount into upgrading its properties.

Lifestyle properties: Sales growth slowing down; prices still firming

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 155 more lifestyle property sales (+7%) for the three months ended September 2016 than for the three months ended September 2015.

Auckland and Central Otago vie for least affordable region

Auckland is now 62 per cent less affordable than the rest of the country, and homes in Central Otago Lakes are 61 per cent less affordable.

New HNZ developments building a greener world

World Green Building Week kicked off last week (26 September) and Housing New Zealand’s work to construct warm, dry and energy-efficient sustainable housing has been acknowledged by the New Zealand Green Building Council (NZGBC).

Dwelling consents pass $10 billion

The annual value of building consents for new homes has reached $10 billion for the first time, Statistics New Zealand said today.

Next step for housing infrastructure fund

Councils can now submit indicative proposals for the Government’s $1 billion Housing Infrastructure Fund, Building and Housing Minister Dr Nick Smith says.

Iconic Auckland suburb undergoing transformation

Auckland’s iconic suburb of Mount Eden is poised for a major face lift with the rise of high quality residential apartments, improved public transport and an influx of new retail and commercial outlets.

Tauranga Housing Accord to be extended

Tauranga City Council agreed today to amend the Tauranga Housing Accord, to allow Council to continue processing resource consents for developments in Special Housing Areas.

House values set to soar for some time, says real estate boss

"One thing’s for sure New Zealand’s housing market is set to soar for a while yet," says Century 21 New Zealand National Manager Geoff Barnett.

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