Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 436 more lifestyle property sales (+22.5%) for the three months ended April 2016 than for the three months ended April 2015.
Kiwi Property advises that its offer to acquire 100% of The Base shopping centre at Te Rapa, Hamilton, has not been accepted and that its investment in The Base will therefore proceed by way of a 50:50 joint venture with Waikato-Tainui.
The first homes in the Ormiston Town Centre development are now complete.
A Government Bill to make homes warmer, drier and safer for New Zealanders who live in rental properties has passed its second reading in Parliament by 107 to 14.
A Bill passed by Parliament today by 120 to 1 requiring the upgrade of older buildings will save hundreds of lives in future earthquakes, Building and Housing Minister Dr Nick Smith says.
The Government’s emergency housing announcement is the inevitable consequence of National’s failure to address the housing crisis and its stubborn determination to sell-off state houses instead of building more, Labour’s Housing spokesperson Phil Twyford says.
The Auckland Property Investors Association (APIA)says that rental property owners are being unfairly singled out by Labour’s Healthy Homes Guarantee Bill, which has passed its first reading in the House.
Science and Innovation Minister Steven Joyce today launched the Better Homes, Towns and Cities National Science Challenge, which is tasked with conducting research to develop better housing and urban environments for New Zealanders in the 21st century.
The number of written residential property sales in Auckland and Northland last was up 6.5% on April 2015, according to provisional results by Harcourts, New Zealand largest real estate group.
Commentators are tripping over themselves to explain the causes of the Auckland housing crisis - but they are avoiding the patently obvious, says New Zealand First.