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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.

Remarkables residences housing development announced

A $190m 225-home lifestyle development has been announced to local business leaders in Queenstown by Singaporean-based developers GYP Properties Pte Ltd.

Emergency housing boost for the Hutt

Some of Wellington’s most vulnerable will benefit from a new emergency housing service now open thanks to the Government’s backing, Social Housing Minister Amy Adams says.

Govt backtracking on housing as prices rise - Greens

Housing Minister Nick Smith is already backtracking on Bill English’s suggestion he’d provide 69,000 homes in Auckland, as house prices continue to skyrocket across the country, the Green Party said today.

Turangi the town to watch, says NZ real estate leader

Century 21 New Zealand has recently re-launched its office in Turangi, buoyed by the growing popularity of the riverside town just south of Lake Taupo.

Apartment living coming to Porirua city centre

Revitalisation of Porirua’s city centre has been given boost with plans for the city’s first residential apartments - in the former NZ Post building in Serlby Place and an exciting modular apartment development in Station Road.

House prices continue to drive home unaffordability

Over the last quarter of 2016 housing affordability across New Zealand declined by 2.8 per cent, with big declines in some provincial regions. The latest Massey University Home Affordability Report shows further declines in affordability across New Zealand in the final quarter of 2016.

Prices continue to firm although volumes easing

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 86 fewer lifestyle property sales (-3.8%) for the three months ended December 2016 than for the three months ended December 2015.

Monthly home building consents hit 11-year high

The number of new homes consented reached an 11-year high in the month of November, Statistics New Zealand said today. This was due to increased consents in Auckland and the usual pre-Christmas rush.

Property Institute makes housing predictions for 2017

Residential property - particularly in Auckland - is in for another year of strong growth according to Property Institute of New Zealand Chief Executive, Ashley Church.

New Tauranga Housing Accord signed

The new Tauranga Housing Accord has been signed by Tauranga City Mayor Greg Brownless and Minister for Building and Construction Dr Nick Smith.

Residential building activity grows on strong foundations

The volume of residential building work rose 2.4 percent in the September 2016 quarter, Statistics New Zealand said today. This rise followed 5.7 and 5.6 percent increases in the June and March quarters, respectively.

Te Atatu land secured for additional housing

Land suitable for 60 apartments on the Te Atatu Peninsula is the latest addition to the Crown Land Programme, Building and Housing Minister Dr Nick Smith says.

More social housing for Auckland

A new social housing complex of 120 apartments is to be built on surplus Crown land and an adjoining Housing New Zealand site in Auckland in partnership with local iwi, Ministers Paula Bennett and Nick Smith have announced.

Final four townhouses 'present once in a lifetime opportunity'

Just four townhouses offering a luxury living experience remain for sale in Alexandra Park’s celebrated urban village development currently under construction on Greenlane West, Epsom.

18 for 4 offers a great solution for Auckland housing

With Auckland’s population increasing by the equivalent of the populations of Invercargill and Whanganui, community housing providers are proposing a sensible solution to increase the supply of affordable homes in Auckland.

Auckland leads price rise as volumes continue to fall

Despite a nationwide drop in sales volumes, Auckland is one of four regions to hit record high median sale prices in October, while the national median price eased by $5,000 to $510,000, according to the latest figures released today by REINZ, source of the most recent, complete and accurate real

Housing New Zealand exceeds new build target

Housing New Zealand has achieved some significant wins in the 2016 financial year, including exceeding its new-build target, housing more families than the previous year and investing a record amount into upgrading its properties.

Lifestyle properties: Sales growth slowing down; prices still firming

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 155 more lifestyle property sales (+7%) for the three months ended September 2016 than for the three months ended September 2015.

Auckland and Central Otago vie for least affordable region

Auckland is now 62 per cent less affordable than the rest of the country, and homes in Central Otago Lakes are 61 per cent less affordable.

New HNZ developments building a greener world

World Green Building Week kicked off last week (26 September) and Housing New Zealand’s work to construct warm, dry and energy-efficient sustainable housing has been acknowledged by the New Zealand Green Building Council (NZGBC).

Dwelling consents pass $10 billion

The annual value of building consents for new homes has reached $10 billion for the first time, Statistics New Zealand said today.

Next step for housing infrastructure fund

Councils can now submit indicative proposals for the Government’s $1 billion Housing Infrastructure Fund, Building and Housing Minister Dr Nick Smith says.

Iconic Auckland suburb undergoing transformation

Auckland’s iconic suburb of Mount Eden is poised for a major face lift with the rise of high quality residential apartments, improved public transport and an influx of new retail and commercial outlets.

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