Labour’s ground-breaking new policy on reforming planning rules will make housing more affordable, Labour’s Housing spokesperson Phil Twyford says.
Building and Housing Minister Dr Nick Smith has rejected data used in a media report published today on the number of homes completed in Auckland under the Housing Accord with Auckland Council, saying the pace of residential construction in Auckland is at a 10-year high and is continuing to grow.
The latest monthly QV House Price Index shows that nationwide residential property values for October have increased 14.0% over the past year which is the fastest rate since March 2006. Values rose 4.7% over the past three months and are now 33.3% above the previous market peak of late 2007.
New Zealanders are moving towards the idea of mixed-use development where housing is within walking and cycling distance of key amenities like work, school or shopping, according to a survey carried out by the New Zealand Centre for Sustainable Cities.
A new tenancy bond service goes online today as part of the Government’s programme of making public services more convenient and easier, Building and Housing Minister Dr Nick Smith has announced.
The latest figures released today by Statistics New Zealand showing the number of building consents across the country reaching at an eight-year high have been welcomed by Building and Housing Minister Dr Nick Smith, who says the data confirms that good progress being made in increasing housing s
Auckland and its surrounding regions have driven most of the recent growth in building consents for new dwellings, Statistics New Zealand said today.
The National Government’s failure to fix the Auckland housing crisis has cost a family with a $500,000 mortgage at least $4000 in extra interest, as the Reserve Bank was forced not to cut interest rates today because the Auckland housing market is a ‘financial stability risk’, the Green Par
Property Investors, particularly in Auckland, are worryingly unaware of the detail and implications around the new loan-to-value-ratio (LVR) regulations due to come into to effect at the end of this week, 1 November.
The Auckland apartment market has come of age with baby-boomers increasingly attracted to, and are prepared to pay for, well-designed and spacious apartments in a master-planned community, says Pete Evans, national director of residential property marketing at Colliers International.
A block of waterfront land first settled by one of Northland’s first pioneering families some 155 years ago - and still owned by direct descendants today - has been placed on the market for sale.
It is a good time to be a tenant according to Trade Me Property’s September report on median rents across New Zealand.
New Zealand is at a turning point in finding a solution to its housing crisis, and the next steps will be critical, economist Shamubeel Eaqub says.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 598 more lifestyle property sales (+40.5%) for the three months ended September 2015 than for the three months ended September 2014.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 10 fewer farm sales (-2.9%) for the three months ended September 2015 than for the three months ended September 2014.
Residential property investors are confident, have reduced debt ratios and are looking to buy more properties - but see government intervention as their biggest risk, according to the 2015 ANZ Property Investment Survey.
The Ministry of Business, Innovation and Employment’s latest Housing and Construction Quarterly report finds that the Christchurch housing market is showing signs of increased stability.
Renters were almost twice as likely to report a damp house problem as home owners in 2014, Statistics New Zealand said today. Just under half of renters reported they had a problem with dampness or mould, compared with around one-quarter of home-owners.
A new report released by Nielsen today has found that New Zealanders are using up to five different tools in their research for property as competition heats up across the country.
Property Council’s Residential Development Summit will explore housing unaffordability in Auckland by looking at its key causes.
The latest monthly QV House Price Index shows that nationwide residential property values for September have increased 12.6% over the past year which is the fastest rate since October 2007. Values rose 4.2% over the past three months and are now 30.9% above the previous market peak of late 2007.
The latest data from Statistics New Zealand showing the annual number of building consents in Auckland at an eight-year high have been welcomed today by Building and Housing Minister Dr Nick Smith.
The value of building consents reached an all-time high in August 2015, boosted by planned nonresidential work in Christchurch, Statistics New Zealand said today.
The number of property listings increases as the weather warms up. Homes look more appealing in warm sunshine but EECA ENERGYWISE advises putting some thought into how houses will perform in the cold depths of winter.
The saying "What a difference a year makes" definitely rings true in many areas of the country in terms of house sale volumes. In the three months from June to August this year compared to the same three months in 2014, sales volumes have increased in almost all areas of New Zealand.
"Despite huge asking prices, buying a house in Auckland for many people is now looking more attractive than renting given soaring rents and falling interest rates," says Geoff Barnett, National Manager of Century 21 New Zealand.
Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 20 fewer farm sales (-4.9%) for the three months ended August 2015 than for the three months ended August 2014.
Khandallah, Newlands and Island Bay are the next communities scheduled to discuss greater housing choice and supply following today’s Transport and Urban Development decision.
Provisional residential data for the Northern Region in August, from Harcourts, New Zealand’s largest real estate group, shows average sale prices continuing to rise, up 25% on the same period in 2014, to $819,955.
Over $4 billion worth of building work was put in place in the June 2015 quarter, up nearly 8 percent on the June 2014 quarter, Statistics New Zealand said today.
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