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Auckland median prices hit record $825k in July - REINZ

Four regions hit new record high median sale prices in July, with the national median sale price rising by $5,000 to $505,000, only $1,000 shy of the record median price reached in May 2016, according to the latest data released today by REINZ, source of the most recent, complete and accurate rea

LVR loophole 'shutting home owners out of the market'

A loophole in applying LVR restrictions means home owners are struggling to get bridging finance and are effectively shut out of the intensely competitive property market.

Average Auckland house price $948,434 in July - Harcourts

The average house price in Auckland and Northland rose to $948,434 in July. Provisional data from Harcourts, New Zealand’s largest real estate group, shows the average sale price in the region is up 15% from July 2016, and up 14.5% compared to June 2016.

National house asking prices fall for the first time since April 2016

The national average asking house price fell in July - the first decline in three months - while demand continued to rise.

Nick Smith wrong about affordability - Property Council

The Government’s prediction that Auckland housing will become affordable by 2020 is wrong, according to Phil Eaton, president of the Auckland branch of the Property Council and managing director of The Greenstone Group.

Homebuilding to reach an all-time record by 2018

New analysis by economic consultants Infometrics shows the supply response to the housing crisis is on its way, with homebuilding consents forecast to hit record levels by 2018.

Housing map a hit as crisis spreads across NZ - Labour

More than 55,000 New Zealanders have used Labour’s interactive housing map in its first week to see how the housing crisis is affecting their local community, Labour Housing spokesperson Phil Twyford says.

It's renters versus the rest

As the winter chill bites a new nationwide survey reveals the suffering those living in rental accommodation are enduring - and too often pleas to landlords to fix housing problems are being ignored.

Auckland rents stall while neighbouring regions surge - Trade Me

Tenants in Auckland’s surrounding regions are feeling the pinch as median weekly asking rents continue to rise.

Lifestyle market delivering record prices and sales volumes

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 401 more lifestyle property sales (+19%) for the three months ended June 2016 than for the three months ended June 2015.

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