Registered Master Builders Federation is delighted with the Reserve Bank’s announcement today that the construction of new homes will be exempt from the LVR policy restrictions.
New residential construction loans will now be exempt from the loan-to-value (LVR) restrictions introduced from 1 October, Reserve Bank Deputy Governor Grant Spencer said today.
Housing Minister Dr Nick Smith today welcomed the release of the Land Use Recovery Plan by Canterbury Earthquake Recovery Minister Gerry Brownlee.
Labour’s Canterbury Earthquake Recovery spokesperson Ruth Dyson has renewed a call for an asbestos register in light of major concerns about future exposure.
Despite repairing more highly damaged homes than first expected, the Earthquake Commission and Fletcher EQR’s Canterbury Home Repair Programme (CHRP) will fall short of its 2013 completion target for the most damaged homes.
People living in the Tasman district are more likely to own their own homes than people in other parts of the country. The information was released today as part of the latest batch of 2013 Census results from Statistics New Zealand.
Southland has the third-highest rate of home ownership in the country, according to the 2013 Census, and has over 2,000 more occupied homes than it did seven years ago. The information was released today as part of the latest batch of 2013 Census results from Statistics New Zealand.
Christchurch City Council has begun the detailed design process for eight new units at the newly repaired Knightsbridge Lane City Housing complex in Aranui, with construction due to begin in April next year.
Building and Construction Minister Maurice Williamson and Disability Issues Minister Tariana Turia today announced terms of reference and timeframes have been set for a review into building access for disabled people.
A drop in the number of new building consents has blown a hole in the Government’s housing policy, Labour Leader David Cunliffe says. Statistics out today show the seasonally adjusted number of new dwellings, excluding apartments, fell by 2.3 per cent in October.
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