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Dwelling consents trend continues to rise

The trend for the number of new dwellings consented is at its highest level since August 2007, Statistics New Zealand said today.

SHAs to boost Wellington housing supply

Wellington City Council yesterday approved eight special housing areas (SHAs) and qualifying development criteria under the Wellington Housing Accord.

One down, 12 to go says Community Housing Aotearoa

The Waimahia Inlet is a step in the right direction for community housing to deliver 20% of New Zealand’s social and affordable housing by 2020, says Community Housing Aotearoa.

Dunedin rental market deteriorating - report

Community Housing Aotearoa is commending Presbyterian Support Otago for shining the spotlight on the deteriorating quality of the private rental market in Dunedin.

Office sector leads NZ commercial property returns

The PCNZ/IPD New Zealand Quarterly Property Index Q2 2014 results, released today, showed a total return of 11.1% for the year-ending June 2014. This was comprised of 7.7% income return and 3.1% capital growth.

Home buyer subsidy discredited in Oz - Twyford

Treasury advised against National’s policy of ramping up home buyer subsidies after it was discredited in Australia because it pushed house prices even higher, Labour’s Housing spokesperson Phil Twyford says.

Award wins 'a compelling argument to choose a new build'

Homebuyers have been given a compelling argument to choose a new build over major renovations, with the latest Registered Master Builder House of the Year results.

First home buyers need deposit help - NZPIF

The National Party’s housing policy correctly focuses on assisting a first home buyer to raise the deposit to build a new home.

Rural property market 'reflects traditional winter slowdown'

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 74 more farm sales (+16.9%) for the three months ended July 2014 than for the three months ended July 2013.

Bay of Plenty Housing Accords announced

Housing Accords in Tauranga and the Western Bay of Plenty have been agreed by Housing Minister Dr Nick Smith and local mayors Ross Patterson and Stuart Crosby today that will provide an additional 1175 new homes and sections over the next two years.

Chch quantity surveyor warns homeowners to beware

"Make sure you get your house correctly valued." That from a Christchurch Quantity Surveyor who says repeated warnings around House Sum Insured valuations, are not being heeded by homeowners.

Drop in number of new property listings - Harcourts

Provisional housing market update August 2014, Auckland and Northland.

Dwelling consents trend rising

The trend for the number of new dwellings consented is at its highest level since August 2007, Statistics New Zealand said today.

New Ford Territory in NZ in early 2015

The freshened Territory will arrive in New Zealand in early 2015 with a more modern look with the space and functionality that helped it spur Australia and New Zealand’s SUV trend that continues today.

Selwyn building boom continues

Selwyn district continues to figure strongly in Canterbury’s rebuild and economic growth.

Chch announcement a leap forward - Property Council

Property Council supports the Government’s new measures to aid the Christchurch rebuild. Earthquake Recovery Minister Gerry Brownlee has announced 1,100 government staff across 13 agencies will move back into the Christchurch CBD by 2016.

QV figures show two-track housing market - Twyford

The two-track housing market that has developed under National is underlined in QV’s latest report, Labour’s Housing spokesperson Phil Twyford says.

Housing figures National's shame - Green Party

The number of Auckland households in urgent and serious need of housing has increased tenfold since March 2012, Green Party Co-leader Metiria Turei said today.

Property values still rising in Auckland but mixed elsewhere

Property values still rising in Auckland while nationwide picture is mixed The latest monthly QV Residential Price Movement Index shows that nationwide residential property values for June have increased 8.0% over the past year, and 2.1% over the past three months.

No winners in National's housing crisis - Twyford

There are no winners in news today that housing affordability has deteriorated again, says Labour’s Housing spokesperson Phil Twyford.

'More positive news' in building consent figures

Housing Minister Dr Nick Smith today welcomed the latest Statistics New Zealand figures showing the number of new dwellings consented is at its highest level since 2007.

NZ home loan affordability worsens - report

Home loan affordability worsened slightly across most of New Zealand in May as a rise in interest rates more than offset a small fall in median house prices.

Dunne welcomes Wellington housing accord

Ohariu MP and Leader of UnitedFuture Hon Peter Dunne welcomed today’s joint announcement between the Government and Wellington City Council to open up more areas for housing in the Wellington region.

Asking price of homes at record levels during May

The average asking price of homes remains at record levels, not only in Auckland but across the country, according to Realestate.co.nz, the website with New Zealand’s largest number of homes for sale.

Sales up, prices constant in Auckland and Northland

There were 529 residential sales in the Northern Region in May, which is down by 6.7% on the same time in 2013, but an increase of 13.2% compared to April’s sales.

Canterbury sections to be sold by online auction

A new community development promises to revolutionise the way local people buy property - making property costs more transparent and prices more affordable.

Nationwide property values continue to rise

The latest monthly QV Residential Price Movement Index shows that nationwide residential property values for May have increased 8.2% over the past year, and 0.7% over the past three months. This means they are now 13.9% above the previous market peak of late 2007.

Building activity grows

Both residential and non-residential building activity volumes grew strongly in the March 2014 quarter, Statistics New Zealand said today. "Overall building activity increased 16 percent in the March 2014 quarter," business indicators manager Neil Kelly said.

House prices remain steady in Auckland and Northland

Provisional residential data from New Zealand’s largest real estate group Harcourts for the month of May shows house prices remain steady, with the average sales price now sitting at $688,209 in the Northern Region. This is up 11% on the same time last year.

Big returns from Gisborne residential property investment

The unassuming provincial city of Gisborne is vying for the title of New Zealand’s hottest residential property investment destination - with a three bedroom ‘renter’ in the city selling this month to an out-of-town investor for a return of almost 15 percent.

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