The increase in consented new houses has slowed in recent months, Statistics New Zealand said today. "The trend for new houses is at its highest level in over five years, but the rate of increase is easing," industry and labour statistics manager Blair Cardno said.
Christchurch City Council figures show that the average time for granting a building consent for a house in October was 26 working days. This was for complete applications which could be accepted for processing because no further information was required.
A community housing provider has lodged the first resource consent application in Auckland’s newly established Special Housing Areas after the Auckland Housing Accord was signed last month.
The Construction Sector Report launched today highlights the huge wave of work in the years ahead for the construction sector.
Social Development Minister Paula Bennett says the Ministry of Social Development is well on track to deliver social housing reforms next year.
Housing Minister Dr Nick Smith today welcomed Parliament’s passage of the Government’s Social Housing Reform Bill through its third reading without a party vote being called.
The government needs to urgently restructure financial incentives for local councils, shift the burden of water infrastructure costs, and create competition in planning if it wants to deliver affordable homes, according to The New Zealand Initiative’s third housing report.
First home buyers have been shut out of the market by LVRs and speculators are taking over, a new survey shows, say Labour’s Finance spokesperson David Parker and Housing spokesperson Phil Twyford.
Owners of pre-1944 houses and buildings are being reminded to check new rules before making plans for demolition or removal.
The Westpac Housing Report has identified ‘Hidden Gems’ in main centres across the country that could save home owners hundreds of thousands of dollars and carve up to 10 or more years off their mortgage.
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