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 New Zealand says its number of residential listings nationwide is up a staggering 35.92% compared to the same day last year.
A $190m 225-home lifestyle development has been announced to local business leaders in Queenstown by Singaporean-based developers GYP Properties Pte Ltd.
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.
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.
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.
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.
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.
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.
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.
Residential property - particularly in Auckland - is in for another year of strong growth according to Property Institute of New Zealand Chief Executive, Ashley Church.
The new Tauranga Housing Accord has been signed by Tauranga City Mayor Greg Brownless and Minister for Building and Construction Dr Nick Smith.
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.
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.
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.
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.
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.
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 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.
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 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.
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).
The annual value of building consents for new homes has reached $10 billion for the first time, Statistics New Zealand said today.
Councils can now submit indicative proposals for the Government’s $1 billion Housing Infrastructure Fund, Building and Housing Minister Dr Nick Smith says.
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.
Tauranga City Council agreed today to amend the Tauranga Housing Accord, to allow Council to continue processing resource consents for developments in Special Housing Areas.
"One thing’s for sure New Zealand’s housing market is set to soar for a while yet," says Century 21 New Zealand National Manager Geoff Barnett.
Property Institute of New Zealand Chief Executive, Ashley Church, says today's decision, by the Reserve Bank, to relax Loan to Value (LVR) restrictions on investors building new homes is an important step in the right direction.
While some industry figures have shown nationwide property listings falling, Century 21 New Zealand has revealed its listings sky-rocketed this past winter.
Building and Housing Minister Dr Nick Smith today released for consultation regulations approved by Cabinet on Monday for the new earthquake-prone building legislation.