Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 62 fewer farm sales (-11%) for the three months ended May 2015 than for the three months ended May 2014.
Property Institute of New Zealand Chief Executive, Ashley Church, is warning of an ‘apartment bubble’ as the likely consequence of two seemingly unrelated responses to house price inflation in the Auckland property market.
A Nelson Housing Accord aimed at improving the supply and affordability of housing in the district has been signed today by Building and Housing Minister Dr Nick Smith and Mayor Rachel Reese.
REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 7,989 dwelling sales in May 2015, up 21.6% on May 2014 and up 10.4% compared to April.
A 38-hectare site with the potential for 150 new homes near Lake Hayes has been announced as the first Special Housing Area under the Queenstown Lakes Housing Accord, Building and Housing Minister Dr Nick Smith and Mayor Vanessa van Uden announced today.
The latest monthly QV Residential Price Movement Index shows that nationwide residential property values for May have increased 9.0% over the past year and 3.1% over the past three months. This means they are now 24.1% above the previous market peak of late 2007.
A prospective housing Warrant of Fitness (WOF) is back on the agenda and an industry expert is challenging the Government to stop sitting on its "collective hands".
The Government’s proposed health and safety standards for rental properties are nowhere near enough to fix the shoddy state of cold, damp New Zealand homes and keep Kiwi kids from getting seriously sick, the Green Party said today.
By Geoff Barnett Respected and independent property information company, CoreLogic, recently compiled and analysed some extensive data which backs up some real estate commentary but at the same time dispels a few commonly held assumptions.
Alexandra Park’s much celebrated ‘223 Green Lane West’ urban village development is enjoying significant early success, says Alexandra Park CEO Dominique Dowding.
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