Property Council supports the Government’s new measures to aid the Christchurch rebuild. Earthquake Recovery Minister Gerry Brownlee has announced 1,100 government staff across 13 agencies will move back into the Christchurch CBD by 2016.
The two-track housing market that has developed under National is underlined in QV’s latest report, Labour’s Housing spokesperson Phil Twyford says.
The number of Auckland households in urgent and serious need of housing has increased tenfold since March 2012, Green Party Co-leader Metiria Turei said today.
Property values still rising in Auckland while nationwide picture is mixed The latest monthly QV Residential Price Movement Index shows that nationwide residential property values for June have increased 8.0% over the past year, and 2.1% over the past three months.
There are no winners in news today that housing affordability has deteriorated again, says Labour’s Housing spokesperson Phil Twyford.
Housing Minister Dr Nick Smith today welcomed the latest Statistics New Zealand figures showing the number of new dwellings consented is at its highest level since 2007.
Home loan affordability worsened slightly across most of New Zealand in May as a rise in interest rates more than offset a small fall in median house prices.
Ohariu MP and Leader of UnitedFuture Hon Peter Dunne welcomed today’s joint announcement between the Government and Wellington City Council to open up more areas for housing in the Wellington region.
The average asking price of homes remains at record levels, not only in Auckland but across the country, according to Realestate.co.nz, the website with New Zealand’s largest number of homes for sale.
There were 529 residential sales in the Northern Region in May, which is down by 6.7% on the same time in 2013, but an increase of 13.2% compared to April’s sales.
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