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Dwelling consents pass $10 billion

The annual value of building consents for new homes has reached $10 billion for the first time, Statistics New Zealand said today.

Next step for housing infrastructure fund

Councils can now submit indicative proposals for the Government’s $1 billion Housing Infrastructure Fund, Building and Housing Minister Dr Nick Smith says.

Iconic Auckland suburb undergoing transformation

Auckland’s iconic suburb of Mount Eden is poised for a major face lift with the rise of high quality residential apartments, improved public transport and an influx of new retail and commercial outlets.

Tauranga Housing Accord to be extended

Tauranga City Council agreed today to amend the Tauranga Housing Accord, to allow Council to continue processing resource consents for developments in Special Housing Areas.

House values set to soar for some time, says real estate boss

"One thing’s for sure New Zealand’s housing market is set to soar for a while yet," says Century 21 New Zealand National Manager Geoff Barnett.

Property Institute welcomes LVR tweaks

Property Institute of New Zealand Chief Executive, Ashley Church, says today's decision, by the Reserve Bank, to relax Loan to Value (LVR) restrictions on investors building new homes is an important step in the right direction.

Century 21 listings jumped 97% this winter

While some industry figures have shown nationwide property listings falling, Century 21 New Zealand has revealed its listings sky-rocketed this past winter.

Next steps in earthquake-prone building policy

Building and Housing Minister Dr Nick Smith today released for consultation regulations approved by Cabinet on Monday for the new earthquake-prone building legislation.

Building levels reaching pre-GFC activity

Data released today by Statistics New Zealand shows that while the value of building work put in place for the 2016 June quarter is at record levels, the actual building activity is now nearly reaching 2004 peak levels.

Building boom going strong - Minister

The nearly 1100 dwelling consents issued in Auckland in July shows New Zealand’s building boom is continuing to gather momentum, Building and Housing Minister Dr Nick Smith says.

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