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Do NZers still want the quarter-acre dream?

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.

Tenancy bond system moves online

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.

Building consents top 26,000

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

Home building accelerates in the north

Auckland and its surrounding regions have driven most of the recent growth in building consents for new dwellings, Statistics New Zealand said today.

Auckland housing crisis 'costs families and distorts economy'

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

Landlords unaware of new LVR laws - Westpac survey

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.

Baby-boomers 'increasingly attracted to apartments'

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.

Pioneer settlers' waterfront farm block for sale after 155 years

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.

Good news for tenants as rents plateau

It is a good time to be a tenant according to Trade Me Property’s September report on median rents across New Zealand.

Housing crisis at critical point, leading economist says

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.

Strong start to spring lifestyle market - REINZ

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.

Tentative start to spring in rural market - REINZ

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.

Property investors upbeat, but worried by regulation - survey

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.

Christchurch housing market turning a corner

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.

People in rental housing 'more likely to report housing problems'

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.

Property buyers 'using up to five research tools'

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.

Can Auckland ever deliver affordable housing?

Property Council’s Residential Development Summit will explore housing unaffordability in Auckland by looking at its key causes.

Nationwide home values rise at fastest annual rate since 2006

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.

Auckland home build rate hits another high

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.

Non-residential consents surge in Christchurch

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.

Quick guide to buying a healthy home

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.

Sales volumes tell a tale - smaller regions winning

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.

Soaring Auckland rents 'driving more people to buy'

"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.

Solid end to winter In rural property market

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.

Council 'takes thoughtful approach' to meeting housing needs

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.

'Average sale prices continuing to rise' in northern region

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.

Building activity value reaches new high

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.

Housing Trust underway with 44 lots at Shotover Country

The Community Housing Trust is now in full swing with civil works at its 44 lot site in Shotover Country. The roads and services are expected to be completed by Christmas - with this part of the project costing $2m and supported by a loan from Community Trust of Southland.

Auckland housing consents top 1000 in July

Building consent data released by Statistics New Zealand show 1116 homes were consented in Auckland in July, the first time in a decade that the monthly total has been over 1000, Building and Housing Minister Dr Nick Smith noted today.

New dwelling consents hit 10-year high

There were 2,824 new dwellings consented nationally in July 2015, up 24 percent compared with July 2014, Statistics New Zealand said today.

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