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Property

RMBA says tale of two cities well entrenched

The residential building consent figures released today shows demand for new housing continuing to strengthen. The trend for new home consents is at its highest level since December 2007 which is 85% higher than the most recent low point in March 2011.

National's policies 'locking families out of homeownership'

New data shows why a capital gains tax on investment properties is needed to stabilise the housing market and give families a fair shot at buying their first home, Green Party housing spokesperson Holly Walker said today.

Progress on Auckland housing welcomed

The first monitoring report of the Auckland Housing Accord was released by Housing Minister Dr Nick Smith and Auckland Mayor Len Brown following their meeting in Auckland today, with both the Minister and the Mayor welcoming the progress being achieved.

Home loan affordability worsens

Home loan affordability worsened across most of New Zealand in February as median prices rose and interest rates started rising, the Roost Home Loan Affordability reports show.

Guiding principles on urban growth released

More collaboration is needed to deal with the country’s burgeoning urban growth issues and future-proof our communities, according to a report released this week by the New Zealand Planning Institute (NZPI).

Greens announce award for building with hi-tech wood

The Green Party in Government will put $1 million towards the cost of the first 10-storey or higher New Zealand building constructed with structural timber, Green Party Co-leader Dr Russel Norman said today.

Fall in homeownership 'shows need for new policies'

Newly released census data shows that more and more Kiwi families are being locked out of the housing market and facing rapidly rising rents, at the same time as rising electricity prices making heating homes more costly, Green Party housing spokesperson Holly Walker said today.

Property WOF 'an insult not a protection'

The national Federation representing Kiwi landlords is warning against progressing with the flawed rental WOF scheme, claiming its trialed roll-out is raising serious concerns for both tenants and landlords.

Don't let interest rate increases delay your plans - Jennian

With the Reserve Bank increasing interest rates as expected, the country’s most awarded home builder Jennian Homes has offered up advice for homeowners questioning how the interest rate hike will impact them and how best to maximise the opportunity.

Housing changes ahead as baby boomers plan to sell

Half of the baby boomers surveyed for a study on ageing say they plan to move or downsize as they get older - a trend government needs to factor into its housing policy and planning the study authors say.