The Government’s prediction that Auckland housing will become affordable by 2020 is wrong, according to Phil Eaton, president of the Auckland branch of the Property Council and managing director of The Greenstone Group.
New analysis by economic consultants Infometrics shows the supply response to the housing crisis is on its way, with homebuilding consents forecast to hit record levels by 2018.
More than 55,000 New Zealanders have used Labour’s interactive housing map in its first week to see how the housing crisis is affecting their local community, Labour Housing spokesperson Phil Twyford says.
As the winter chill bites a new nationwide survey reveals the suffering those living in rental accommodation are enduring - and too often pleas to landlords to fix housing problems are being ignored.
Tenants in Auckland’s surrounding regions are feeling the pinch as median weekly asking rents continue to rise.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 401 more lifestyle property sales (+19%) for the three months ended June 2016 than for the three months ended June 2015.
PrefabNZ applauds central government’s hands-on leadership in pledging to deliver up to 140 homes for New Zealanders in need, using rapid delivery with modern methods of construction.
NZIER’s Public Good discussion paper Growing up in Auckland? Mapping drivers of residential land growth was released today. In this paper we decomposed growth in residential land into population growth, household size, and land use per capita.
The average asking price for a New Zealand property hit a new high of $590,850 in June but the rate of increase is easing, according to the latest Trade Me Property Price Index.
Property Council welcomes the release of Labour’s Comprehensive Housing Plan and sees it as a possible game-change in alleviating the housing affordability crisis.
Property Institute of New Zealand Chief Executive, Ashley Church, has questioned the wisdom of the timing of this evenings Reserve Bank statement to the Wellington Branch of the Institute of Valuers - warning that it will almost certainly lead to another 'frantic burst' of Investor buying which w
The timber industry believes the government’s announced boost to home construction, through a Housing Infrastructure Fund, needs to have a timber focus.
Ten hectares of Counties Manukau Health land is being considered for the Government's Crown land housing programme, with consultation starting today, Building and Housing Minister Dr Nick Smith says.
Existing Whangaparaoa Peninsula residents and people wanting to buy a slice of the area’s coastal lifestyle are set to be benefit from the transformation of two open spaces in Stanmore Bay with resource consents now granted for both sites.
"The latest Quotable Value figures showing house values rising by 5.6% nationwide in the last three months alone - the fastest three-month increase in 12 years - will see many country towns and districts in proximity to New Zealand’s increasingly expensive centres becoming the next hot property
Out of control house price rises in Auckland and around the country further highlight how the National Government’s tinkering is failing to address the housing crisis, the Green Party said today.
The Prime Minister today announced a new $1 billion Housing Infrastructure Fund to accelerate the supply of new housing where it’s needed most, Finance Minister Bill English and Building and Housing Minister Dr Nick Smith say.
Tenancy law changes covering smoke alarms, insulation, enforcement of standards and property abandonment come into effect tomorrow, Building and Housing Minister Dr Nick Smith says.
Building consents for new dwellings are at a higher level than in 2015, but there has been little growth in recent months, Statistics New Zealand said today.
The median weekly rent across New Zealand continued to climb steadily in the year to May, but growth was slower than last month according to the latest Trade Me Property Rental Index.
Building activity in Auckland has topped an all-time high of $6 billion per year, Building and Housing Minister Dr Nick Smith and Auckland Mayor Len Brown said today in releasing the latest Auckland Housing Accord monitoring report.
Greater Christchurch Regeneration Minister Gerry Brownlee and Science and Innovation Minister Steven Joyce today welcomed the opening of Kathmandu’s new worldwide head office in the Christchurch Innovation Precinct.
Large offshore construction companies are using Mafioso style tactics in New Zealand that have forced some small operators out of business, says New Zealand First.
The Massey East 196-home development is a start but the Government must think bigger if it is to end the housing crisis, Labour’s Housing spokesperson Phil Twyford says.
A 196-home development on surplus Crown land in Massey East with Fletcher Residential has been signed today by Building and Housing Minister Dr Nick Smith.
The days of getting your mates to check over your property before purchasing are over. The news this week that police have seized the largest ever haul of methamphetamine in New Zealand history highlights just how vital drug testing is now pre-property purchase.
Westpac Economics says the commercial property sector is enjoying a purple patch driven by high occupier and investor demand, but that the outlook varies across major centres and will weaken in the last part of the decade.
CoreLogic’s Jonno Ingerson: A risky time for first home buyers to be getting into the Auckland market. ‘Be careful’
Building consents for new dwellings are at a higher level than last year, but growth has eased in recent months, Statistics New Zealand said today.
A report on reform of the Unit Titles Act by a group of professionals involved with bodies corporate has been welcomed by Building and Housing Minister Dr Nick Smith.
Compare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.
Find the latest money news and 'how to' guides on Guide2Money.
Ask our researchers your personal finance questions.
Your Questions. Independent Answers.