The latest monthly property value index shows that nationwide residential values continued to climb in October. Values are up 1.9% over the past three months and 5.7% over the past year. As a result, values are now 1.1% above the previous market peak of late 2007.
New Zealand Green Building Council CEO, Alex Cutler, says today’s release of the first Green Property Investment Index results is a timely and welcome reinforcement of the benefits of its Green Star rating tool.
The future of a pristine seaside Northland campground is uncertain - with property developers eyeing up potential conversion of the beachfront site into a holiday home development.
With the first whiff of summer teasing our limbs, some homeowners will be sprucing up their homes, ready to put them on the market. Unless you’re one of a lucky few, your house is probably your biggest asset. So it’s wise to give yourself the best chance of getting a good price.
Sales of Christchurch City "Green Zone" properties are defying expectations that many would be unsalable for many years. Even those rated "TC3" - requiring further investigation if major repairs or rebuilds are required - are selling.
Registered Master Builders Federation (RMBF) says the latest building consent figures released today confirm expectations that the Canterbury and Auckland regions will lead new residential building while the rest of New Zealand will remain flat.
The Government’s refusal to consider a capital gains tax that would help put a lid on property prices and increase wages shows it isn’t serious about making housing affordable in this country, says Labour’s Finance spokesperson David Parker.
ACT Leader John Banks today welcomed the Government’s response to the Productivity Commission’s report on housing affordability, saying it is now time to get on with implementing the policy suggestions.
Expert advice to help developers design and construct commercial buildings that use up to 70% less energy than the average building is available through a new programme launched today.
The Government appears set to disappoint New Zealanders again by offering token tinkering in response to the housing affordability crisis, says Labour’s Housing spokesperson Annette King.
It would be a mistake for the Government to allow more development on Auckland's urban fringe in its attempt to address the growing housing affordability crisis, said Green Party housing spokesperson Holly Walker.
An international competition to design and build a new place for living in Christchurch’s Central City has been launched today (15 October).
Hamilton, New Zealand - Lodge Real Estate in Hamilton, the city’s largest agency by volume, reported today that the city’s rental rates are likely to rise heading into summer.
Residential property values have continued to gradually increase at a nationwide level according to the latest QV index for September.
Auckland is now the only region in New Zealand where home affordability has declined over the past year.
The changing demographics of suburban Auckland have brought about the sale of a fully-functioning church and its adjoining church hall.
On the 27th of August 2012, Hospice West Auckland announced that they would be selling their original Hospice property in Woodford Avenue, Henderson and on Sunday the 30th they did - for $1,400,000.
Lodge Real Estate in Hamilton, the city’s largest agency by volume, reported today that the city’s residential property market is strong and steady.
Some of the most historically significant buildings in North Canterbury, at the former Queen Mary Hospital, may soon be redeveloped for uses such as accommodation.
Nationwide residential property values continue to rise according to the latest QV index for August. Values have risen 1.6% in the past three months, 4.8% over the past year, and are now only 0.4% below the market peak of 2007.
Signs of a modest revival in the housing market are being confirmed by a lift in sales and prices in August.
A lift in new listings of property for sale in August has given the New Zealand property market a healthy kick start for spring, but the market remains firmly in favour of sellers as Auckland registers another record high for asking prices, says Realestate.co.nz.
The New Zealand Historic Places Trust (NZHPT) agrees that unnecessary demolition of heritage buildings in central Christchurch should not take place.
A large freehold site with the potential to be developed into a retirement village or tradesmen’s accommodation is on the market for sale. The 1.3 hectare site currently houses the Riccarton Holiday Park, providing a low-cost accommodation option close to city amenities.
The value of building consents for major commercial projects across the Christchurch will reach $200 million in the next week.
Registered Master Builders Federation (RMBF) says the latest building consent figures released today confirm a continued pickup in activity compared to 2011 but the growth trend appeared to be flattening off except in Auckland and Canterbury.
Award winning Queenstown company Rilean Construction has achieved the Queenstown Lakes’ first six-star Homestar rating for an eco-friendly evolution series home.
The number of approved new houses rose 26 percent in July 2012, compared with July 2011, Statistics New Zealand said today. There were 1,478 new houses consented in July, including 235 apartments.
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