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Land Transfer Bill passes first reading

The Land Transfer Bill will bring land transfer laws into the 21st century, giving property owners better protection and making it easier to register property, Land Information Minister Louise Upston said today.

Regional markets strong in Feb real estate market

The Real Estate Institute of New Zealand (REINZ) which is the most up to date source of real estate data in New Zealand, announced today that there were 7,291 dwelling sales in February 2016, up 5.7% on February 2015.

Leaky home support extended

The passage of changes to the Weathertight Homes Resolution Services Act this evening is about ensuring assistance is available for families affected by leaky homes who otherwise would have been unfairly excluded, Building and Housing Minister Dr Nick Smith says.

Building activity reaches record high

Building activity reached a record high in the December 2015 quarter, with an increase from the previous quarter in Auckland but a decrease in Canterbury, Statistics New Zealand said today.

Auckland home values drop while other centres rise - QV

The latest monthly QV House Price Index shows that nationwide residential property values for February have increased 11.6% over the past year. Values rose slightly by 0.1% over the past three months and are now 34.3% above the previous market peak of late 2007.

'Energy efficient and affordable homes' being built in Queenstown

Energy efficient and affordable homes are being built in Queenstown’s Shotover Country subdivision, thanks to Rilean Construction’s Evolution Energy-Efficient Homes and the Queenstown Lakes Community Housing Trust (QLCHT).

WoF should be added to rental housing bill - Greens

Building and Housing Minister Nick Smith must explain how many New Zealanders need to die and be admitted to hospital before he will add a life-saving rental housing warrant of fitness to the Residential Tenancies Amendment (RTA) Bill, the Green Party said today.

Auckland Councillors must engage with public on rezoning - ACT

ACT Leader David Seymour is urging councillors to make their positions on rezoning plans clear after tomorrow’s extraordinary Council meeting.

Improvement in housing affordability for first home buyers

There was a significant improvement in housing affordability for first home buyers in many parts of the country including Auckland last month, thanks to a sharp drop in house prices combined with ongoing declines in mortgage interest rates.

Landlords out of pocket but things set to improve

Landlords around New Zealand are losing thousands of dollars in tenancy debt but new statistics illustrate that the losses aren’t as significant as they were four years ago and things are only going to get better.

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