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Rural market experiences a slow start to Spring

Data released today by the Real Estate Institute of NZ (REINZ) shows there were 92 fewer farm sales (-26.1%) for the three months ended October 2017 than for the three months ended October 2016.

Property Institute warns against spending spree based on new CV

Property Institute of New Zealand Chief Executive, Ashley Church, has strongly endorsed a warning, by new Housing Minister Phil Twyford, that Aucklanders should not go out and binge on the basis of big increases in the Council-assessed value of their homes.

One office space remains in multi-million-dollar business park in Wigram

Investors and owner-occupiers are being targeted by the original developer of a multi-million-dollar light industrial multi-use business park in Christchurch.

Small changes can make big differences for tenants

Even minor improvements to new buildings can make a significant difference to tenants’ comfort, new research from the University of Otago, Wellington, has found.

New opening in Henderson

Moving to the city’s outer suburbs doesn’t mean you have to give up all of the creature comforts of urban living. Good Home Lincoln Road has opened its doors in Henderson and the team want you to come in, put your feet up and say hello to the new local.

Queenstown's newest Special Housing Area 'setting the bar high'

Queenstown’s residential housing development, Bullendale, is setting the bar high for Special Housing Areas (SHAs) across the country, forging a solid reputation for providing affordable living, a sense of community and architecturally designed quality homes at a pace that has surprised the mar

Difficult conditions constrain rural market

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 117 fewer farm sales (-30.2%) for the three months ended September 2017 than for the three months ended September 2016.

Chch made tiny houses attract massive attention at Home Show

High quality ‘tiny houses’ seem to be piquing the interest of more Cantabrians as evidenced by hundreds of people looking through two Christchurch built examples this weekend at the Christchurch Home Show.

Ruapehu District rating revaluation confirmed

The Ruapehu District Rating Revaluation for 2017 is now confirmed and property owners will soon receive a 2017 Notice of Rating Valuation with an updated rating value for their property.

Stronger for longer in Auckland as yields continue to firm

The Auckland commercial property market continues to retain its buoyancy, despite typical late cycle behaviour driven by tightening credit conditions, capacity constraints and labour shortages, according to CBRE’s latest Marketview report.

Cheaper to rent than own but for how long?

A NZ Property Investors' Federation (NZPIF) study has shown that renting the average NZ property is $218 per week cheaper than owning the same property.

Govt housing support more comprehensive than ever - Adams

The Government is providing warm and safe housing for those New Zealanders who need a helping hand, says Social Housing Minister Amy Adams.

Kahukura: Is it Christchurch's greenest new building?

A clever, beautiful, $34 million sustainable building deploying innovative building technologies is soon to open in Christchurch at Ara’s central campus on Moorhouse Ave.

Falling house prices around NZ

House prices are now falling in most parts of the country making home ownership more affordable for first home buyers in most places, according to interest.co.nz’s June Home Loan Affordability reports.

Labour to work with Queenstown to build more houses

Labour will work with Queenstown-Lakes District Council, iwi, and the Community Housing Trust to build the modern, affordable housing Queenstown desperately needs, says Leader of the Opposition Andrew Little.

Bill tackles meth, damage and unlawful tenancies

A Bill which provides better protections and clarity for tenants and landlords has passed its First Reading in Parliament 105-14, Building and Construction Minister Dr Nick Smith says.

Tommy's says Wellington housing market remains robust

Tommy’s Real Estate, Wellington’s leading real estate agency, says that despite reports that the Wellington housing market was running out of steam, Tommy’s signed 76 sales during June.

NZPIF 'very pleased' to see the release of new meth contamination standard

"The NZ Property Investors' Federation is very pleased to see the release of the NZ Standard for meth contamination today" said Andrew King, executive officer

First National sees waterfront development boom if ETNZ wins Americas Cup

First National Real Estate Chief Executive, Bob Brereton, says an Americas Cup win would lead to a massive and sustained period of development on the Auckland waterfront and believes that the city would move quickly to gear up accommodation and infrastructure.

Progress on Pt England housing development

Legislation enabling a housing development at Point England and progress on Ngāti Paoa’s historical Treaty settlement has passed its second reading by 62-43, Building and Construction Minister Dr Nick Smith says.

MBIE releases new housing affordability measure

A new approach to measuring housing affordability will provide important information to support Government and other stakeholder decisions on housing, MBIE Deputy Chief Executive Building, Resources and Markets, Chris Bunny said today when releasing the Housing Affordability Measure.

Wellington housing market 'constrained by shortage of supply and red tape'

Tommy’s Real Estate, Wellington’s leading real estate agency, signed sales of 111 properties in the Capital in March, up on the 99 sales achieved in February.

Accessible Properties acquires more than 1100 Tauranga homes

From tonight Accessible Properties will take over the ownership and management of more than 1100 homes from Housing New Zealand in the Tauranga area.

Housing First launches to help Auckland’s homeless

A new initiative aimed at ending chronic homelessness in Auckland has officially kicked off.

Renting a typical Kiwi house now costs $500 a week

The median weekly rent for a typical New Zealand house hit $500 for the first time ever in February, meaning the annual cost for tenants is now $26,000 a year, according to the latest Trade Me Property Rental Price Index.

Disabled people in rentals 'most likely to be cold at home'

Thirty-eight percent of those disabled people in rented homes said they have difficulty heating, Stats NZ said today.

AVJennings begins more affordable precinct at Hobsonville Point

AVJennings announced today that it is now underway with the construction on the site of the 12.5 hectare Buckley B Precinct at Hobsonville Point, a project that will see the company deliver 114 of the 383 homes as affordable housing.

Auckland building activity up across the board

The value of building activity rose a seasonally adjusted 3.5 percent in the December 2016 quarter, Statistics New Zealand said today. Most of this rise was in Auckland, where residential building work rose 4.5 percent, and non-residential rose 17 percent.

Wellington sees strong growth in housing consents

Wellington is making good progress against its annual targets for new building consents, with 1204 new dwellings or sections consented in the last six months - well over half the 1500 targeted for the year.

Century 21 listings up 35%

Century 21 New Zealand says its number of residential listings nationwide is up a staggering 35.92% compared to the same day last year.

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