The number of houses for sale nationally dropped to a five-year low in November, according to realestate.co.nz’s most recent report. 03-12-2012 more >>
A rapid rise in the number of retirees looking to sell their houses is likely to dampen property prices in most parts of the country except Auckland, a demographer says. 03-12-2012 more >>
This has been quite a year for the Rental Property industry. Since 2008, the NZPIF has been saying that the housing market is likely to be quiet until 2012 and this seems to have been a fairly accurate prediction. While it is certainly early day’s, the housing market is now nearing boom like increases in some parts of the country and is likely to move in other parts soon. 01-12-2012 more >>
Affordable housing developments must be built only for New Zealanders buying their first home, and not snapped up by local or foreign property investors, says New Zealand First. The party’s associate spokesperson for housing, Asenati Lole-Taylor, is worried that the Government’s policy of cutting red tape to provide cheaper houses will line the pockets of investors. 30-11-2012 more >>
The number of new houses consented for in October was the highest of any month in more than four years, Statistics New Zealand said. Consents were issued for 1639 new houses, a number not reached since May 2008. Consents were also issued for 168 new apartments. 30-11-2012 more >>
A local group has bought out the New Zealand RE/MAX master franchise. From Monday, the New Zealand branch of the company will be owned by a group that includes the current regional director, Chris Chapman, managing director of RE/MAX Australia and New Zealand Michael Davoren and Keith Walker, franchise director of RE/MAX Australia. 30-11-2012 more >>
Housing became a bit more affordable in the year to June 2012, Statistics New Zealand data shows. Incomes rose slightly while housing costs dropped. 29-11-2012 more >>
One-bedroom properties in Takapuna, Pakuranga and Auckland’s city bays – from Mission Bay to St Heliers - are the standout performers in Crockers’ latest survey of rents. 26-11-2012 more >>
A lack of reminders from council will result in more than 50,000 Auckland property owners having to pay a 10% penalty fee on their rates, says councillor Cameron Brewer. 26-11-2012 more >>
Parties proposing policies aimed at getting first-home buyers into houses must be sure they are actually doing them a good turn, one property expert says. 23-11-2012 more >>
A capital gains tax won’t improve housing affordability, according to ACT. The party's leader, John Banks, spoke out in the wake of Labour’s party conference in the weekend, where it outlined plans to make housing affordable with a 10-year building programme. 20-11-2012 more >>
Auckland’s property market isn’t yet overheated but a lack of supply is giving it added strength, says ASB chief economist Nick Tuffley. 19-11-2012 more >>
Building more affordable housing and forcing landlords to ensure their rental properties are healthy are top of Labour’s priorities, its leader says. 18-11-2012 more >>
Auckland’s housing market is shifting into boom territory, helped along by investors who are dissatisfied with the returns they are getting on bank deposits, BNZ chief economist Tony Alexander says. 16-11-2012 more >>
Housing affordability is a national emergency, says BNZ chief executive Andrew Thorburn. Speaking to the Trans-Tasman Business Circle in Auckland this morning, he said New Zealand would not become a wealthier and more productive nation if it could not affordable house its population. 16-11-2012 more >>
National has resurrected plans to ensure a percentage of the new houses built at Auckland’s Hobsonville Point sell for less than $485,000 – but Labour isn’t impressed. 16-11-2012 more >>
New Zealand’s lifestyle property market is heating up again, with as 15% increase in sales reported in the three months to October 2012 compared to the same time the year before. 15-11-2012 more >>
