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New houses need better building materials - ALCP

Affordable and energy efficient building materials are needed to ease the housing crisis, the Aotearoa Legalise Cannabis Party says. Increasing the supply of houses will help reduce property inflation and create more affordable housing, especially in Auckland and Christchurch.

Chch residents deserve assurances over asbestos - Greens

The Government must take responsibility for the uncertainty around potential asbestos contamination in Christchurch and reassure residents by testing the potentially affected homes, the Green Party said today.

South Auckland housing now the least affordable in NZ

House prices have shot up by 16 per cent for first-home buyers in Manukau over the last year, pushing the cost of buying a house there to the highest in the country relative to incomes, says Labour’s Associate spokesperson for Auckland Louisa Wall.

Latest migration stats bad news for house prices - Twyford

New statistics showing New Zealand had its second highest net migration rate in April is evidence the Government must take action to curb the pressure on house prices and inflation, Labour’s Housing spokesperson Phil Twyford says.

You're wrong John, there is a housing crisis in NZ - Greens

The National Government’s housing crisis denial will drive home ownership even further out of reach, fuelled by the Prime Minister’s staggering ignorance of the extent of the problem, the Green Party said today.

94 percent WOF failure rate 'shows test is silly'

Blogger David Farrar’s conclusion that a 94 percent failure rate shows that a proposed warrant of fitness checklist for rental properties is a silly test that should ring alarm bells is 100 percent accurate, Mike Butler of NZCPR said today.

WOF findings 'don't address housing problem'

It’s about time the World Health Organisation’s key health issues are addressed in New Zealand, says Bruce Gordon, the chief executive of home solutions company HRV.

Too little too late and nothing more - NZ First

Temporarily removing duties and tariffs on building materials for home builders is a drop in the ocean, saving only about $3,500 on a new home, says New Zealand First.

Budget figures show deepening housing crisis - Cunliffe

Treasury projections in the Budget predict worsening housing affordability and rising interest rates outstripping wage increases, underlining National’s abject failure to address the housing crisis, says Labour Leader David Cunliffe.

Cheaper Gib board 'not the solution to housing crisis'

Young people trying to get a foot in the door of a new home should be offended by National’s budget which offers a tiny discount on building materials as its only new solution to one of the most pressing issues of the day, the Green Party says.

First home buyers can just whistle - Cunliffe

This budget does nothing to address New Zealand’s acute housing crisis, says Labour Leader David Cunliffe. "There is nothing here for first home buyers. "Nothing to build a single new home. "Nothing to make rentals warm and dry.

Housing WOF trial results released

The results of a nationwide rental housing "warrant of fitness" (WOF) field trial have been released. The trial is the first step in a collaborative project aimed at making rental housing safer, healthier and more energy-efficient.

LVR restrictions 'having small impact on Hamilton market'

Lodge Real Estate’s managing director, Jeremy O’Rourke, said long-term data is showing the Reserve Bank’s loan-to-value (LVR) restrictions are not impacting residential housing prices in Hamilton as much as previously suspected.

Prices continue to rise in the Northern Region - Harcourts

Residential data from New Zealand’s largest real estate group Harcourts shows prices continue to rise in the Northern Region, with the average sale price at $697, 392, which is a 10% jump on the same time last year.

Continued pressure on housing market - Harcourts

Provisional residential data from New Zealand’s largest real estate group Harcourts for the month of April shows there is continued pressure on the housing market, with the average sales price now sitting at a record high of $700,793.

National property asking prices ease

According to the latest NZ Property Report, compiled by Realestate.co.nz, national residential property asking prices eased, while inventory levels continued to recover.

Dwelling consents trend continues to rise

The trend for the number of new dwellings consented continues to rise, Statistics New Zealand said today. "The trend for new dwellings has almost doubled since March 2011, but is still 28 percent below the series peak in January 2004," business indicators manager Neil Kelly said.

Smith sells state P-houses to first home buyers - Twyford

Nick Smith must reassure worried first home buyers that any Housing NZ houses sold under his First Home policy will be tested for P contamination after revelations that three out of seven properties sold in Wanganui tested positive for methamphetamine, says Labour’s housing spokesperson Phil Tw

Christchurch Housing Accord announced

The acute shortage of affordable housing in Christchurch will only be solved by the Christchurch City Council and the Government working together, Christchurch Mayor Lianne Dalziel says.

Affordable Housing a couple of decades away - Minister

Housing Minister Nick Smith told TVNZ’s Q+A programme today that it will take up to 20 years to address the imbalance between incomes and house prices.

Average prices in Auckland and Northland hit $697,454

Residential data from New Zealand’s largest real estate group Harcourts shows there is still massive pressure on the housing market in Auckland and Northland, with the average sales price now sitting at a record high of $697,454.

First home buyers shut out as LVRs bite - Twyford

The bad news continues for young Kiwis as the latest Core Logic report shows the proportion of first home buyers has declined since LVR lending restrictions came into force, says Labour’s Housing spokesperson Phil Twyford.

Residential property value growth plateaus

The latest monthly property value index shows that nationwide residential values for March have increased 8.8% over the past year, and 0.1% over the past three months. This means they are now 12.6% above the previous market peak of late 2007.

Continued pressure on Auckland and Northland housing market

Provisional residential data from New Zealand’s largest real estate group Harcourts for the month of March shows that there is continued pressure on the housing market, with the average sales price now sitting at a record high of $698,832.

Residential asking prices reach new national high

Average asking prices of newly listed residential properties across New Zealand rose to a new record high in March driven by renewed seller confidence in the major centres.

RMBA says tale of two cities well entrenched

The residential building consent figures released today shows demand for new housing continuing to strengthen. The trend for new home consents is at its highest level since December 2007 which is 85% higher than the most recent low point in March 2011.

National's policies 'locking families out of homeownership'

New data shows why a capital gains tax on investment properties is needed to stabilise the housing market and give families a fair shot at buying their first home, Green Party housing spokesperson Holly Walker said today.

Progress on Auckland housing welcomed

The first monitoring report of the Auckland Housing Accord was released by Housing Minister Dr Nick Smith and Auckland Mayor Len Brown following their meeting in Auckland today, with both the Minister and the Mayor welcoming the progress being achieved.

Home loan affordability worsens

Home loan affordability worsened across most of New Zealand in February as median prices rose and interest rates started rising, the Roost Home Loan Affordability reports show.

Guiding principles on urban growth released

More collaboration is needed to deal with the country’s burgeoning urban growth issues and future-proof our communities, according to a report released this week by the New Zealand Planning Institute (NZPI).

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