This budget does nothing to address New Zealand’s acute housing crisis, says Labour Leader David Cunliffe. "There is nothing here for first home buyers. "Nothing to build a single new home. "Nothing to make rentals warm and dry.
The results of a nationwide rental housing "warrant of fitness" (WOF) field trial have been released. The trial is the first step in a collaborative project aimed at making rental housing safer, healthier and more energy-efficient.
Lodge Real Estate’s managing director, Jeremy O’Rourke, said long-term data is showing the Reserve Bank’s loan-to-value (LVR) restrictions are not impacting residential housing prices in Hamilton as much as previously suspected.
Residential data from New Zealand’s largest real estate group Harcourts shows prices continue to rise in the Northern Region, with the average sale price at $697, 392, which is a 10% jump on the same time last year.
Provisional residential data from New Zealand’s largest real estate group Harcourts for the month of April shows there is continued pressure on the housing market, with the average sales price now sitting at a record high of $700,793.
According to the latest NZ Property Report, compiled by Realestate.co.nz, national residential property asking prices eased, while inventory levels continued to recover.
The trend for the number of new dwellings consented continues to rise, Statistics New Zealand said today. "The trend for new dwellings has almost doubled since March 2011, but is still 28 percent below the series peak in January 2004," business indicators manager Neil Kelly said.
Nick Smith must reassure worried first home buyers that any Housing NZ houses sold under his First Home policy will be tested for P contamination after revelations that three out of seven properties sold in Wanganui tested positive for methamphetamine, says Labour’s housing spokesperson Phil Tw
The acute shortage of affordable housing in Christchurch will only be solved by the Christchurch City Council and the Government working together, Christchurch Mayor Lianne Dalziel says.
Housing Minister Nick Smith told TVNZ’s Q+A programme today that it will take up to 20 years to address the imbalance between incomes and house prices.
Compare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.