Keen buyers across the country are driving strong growth in the volume of residential properties sold in October. Sales are 32.6 per cent up on October 2011 and the national median house price is at a new record of $380,000.
The latest monthly property value index shows that nationwide residential values continued to climb in October. Values are up 1.9% over the past three months and 5.7% over the past year. As a result, values are now 1.1% above the previous market peak of late 2007.
New Zealand Green Building Council CEO, Alex Cutler, says today’s release of the first Green Property Investment Index results is a timely and welcome reinforcement of the benefits of its Green Star rating tool.
The future of a pristine seaside Northland campground is uncertain - with property developers eyeing up potential conversion of the beachfront site into a holiday home development.
With the first whiff of summer teasing our limbs, some homeowners will be sprucing up their homes, ready to put them on the market. Unless you’re one of a lucky few, your house is probably your biggest asset. So it’s wise to give yourself the best chance of getting a good price.
Sales of Christchurch City "Green Zone" properties are defying expectations that many would be unsalable for many years. Even those rated "TC3" - requiring further investigation if major repairs or rebuilds are required - are selling.
Registered Master Builders Federation (RMBF) says the latest building consent figures released today confirm expectations that the Canterbury and Auckland regions will lead new residential building while the rest of New Zealand will remain flat.
The Government’s refusal to consider a capital gains tax that would help put a lid on property prices and increase wages shows it isn’t serious about making housing affordable in this country, says Labour’s Finance spokesperson David Parker.
ACT Leader John Banks today welcomed the Government’s response to the Productivity Commission’s report on housing affordability, saying it is now time to get on with implementing the policy suggestions.
Expert advice to help developers design and construct commercial buildings that use up to 70% less energy than the average building is available through a new programme launched today.
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