REINZ March 2012 regional review
(16 Apr 2012)
Auckland sales up almost 40%, Wellington sees second lowest sales increase, Northland retains longest days to sell in country and sales volumes more than double in Canterbury.
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House prices march to new heights
(16 Apr 2012)
Nationwide and Auckland house prices both high new record median highs last month at $370,000 and $495,200 respectively, according to the latest Real Estate Institute of New Zealand (REINZ) data.
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Housing consents down in February
(30 Mar 2012)
Housing consents fell 6.7% in February after an 8.1% rise the month before, but Statistics New Zealand said the overall consents trend remains upward.
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Nationwide home affordability improves
(28 Mar 2012)
Auckland has retained its position as the least affordable location to buy a house in New Zealand, according to the latest Massey University Home Affordability Report.
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Development obstacles helping push rents up
(28 Mar 2012)
Difficulties securing finance, council red tape and the imminent depreciation changes are acting as disincentives to rental property development at the same time as shortages are driving up rents.
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NZPIF slams ‘Super Ministry' plans
(16 Mar 2012)
Plans to fold the Department of Building and Housing (DBH) into a new Super Ministry "may disadvantage everyone in the rental industry," claim the Property Investors Federation (NZPIF).
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