Building consents for new dwellings are at a higher level than in 2015, but there has been little growth in recent months, Statistics New Zealand said today.
The median weekly rent across New Zealand continued to climb steadily in the year to May, but growth was slower than last month according to the latest Trade Me Property Rental Index.
Building activity in Auckland has topped an all-time high of $6 billion per year, Building and Housing Minister Dr Nick Smith and Auckland Mayor Len Brown said today in releasing the latest Auckland Housing Accord monitoring report.
Greater Christchurch Regeneration Minister Gerry Brownlee and Science and Innovation Minister Steven Joyce today welcomed the opening of Kathmandu’s new worldwide head office in the Christchurch Innovation Precinct.
Large offshore construction companies are using Mafioso style tactics in New Zealand that have forced some small operators out of business, says New Zealand First.
The Massey East 196-home development is a start but the Government must think bigger if it is to end the housing crisis, Labour’s Housing spokesperson Phil Twyford says.
A 196-home development on surplus Crown land in Massey East with Fletcher Residential has been signed today by Building and Housing Minister Dr Nick Smith.
The days of getting your mates to check over your property before purchasing are over. The news this week that police have seized the largest ever haul of methamphetamine in New Zealand history highlights just how vital drug testing is now pre-property purchase.
Westpac Economics says the commercial property sector is enjoying a purple patch driven by high occupier and investor demand, but that the outlook varies across major centres and will weaken in the last part of the decade.
CoreLogic’s Jonno Ingerson: A risky time for first home buyers to be getting into the Auckland market. ‘Be careful’