Real Estate

  • Opinion: Piping report as important as building report Fuseworks - Thu, Oct 8, 2015 8:23 AM NZDT

    John Pfahlert, CEO of Water New Zealand says: House buyers should be hiring plumbers and drain layers to inspect pipes as they do builders to complete building reports when considering buying property. This advice becomes more applicable every year in New Zealand with a quarter of piping now more than 50 years old and in need of renewal. Many Kiwi homeowners are oblivious that sewer and stormwater pipes on private property are their responsibility to maintain.

  • Roofer warned over cartel behaviour NZ Newswire - Wed, Oct 7, 2015 11:56 AM NZDT

    Consolidated Alloys NZ is under the microscope after the Commerce Commission formally warned the company over cartel-like behaviour.

  • Metlifecare buys Albany site for village NZ Newswire - Wed, Oct 7, 2015 11:47 AM NZDT

    Metlifecare has bought a three-hectare site in Albany for its 17th village in the wider-Auckland region.

  • Auckland house prices rise to record NZ Newswire - Tue, Oct 6, 2015 11:14 AM NZDT
    Auckland house prices rise to record

    Barfoot & thompson says Auckland house prices may have surged because of buyers getting in ahead of new regulations to cool the market.

  • Auckland house prices rebound in September Fuseworks - Tue, Oct 6, 2015 10:06 AM NZDT

    "The average sales price in September at $836,275 jumped 1.9 percent in one month and the median sales price at $790,000 increased by 4.6 percent, with both setting new price records," said Peter Thompson, Managing Director of Barfoot & Thompson. "September was extremely active with sales at 1358, which were up 3.4 percent on those for August and up 41.6 percent on those for September last year.

  • Gains on property sales targeted from today Fuseworks - Thu, Oct 1, 2015 3:21 PM NZDT

    Revenue Minister Todd McClay says the new bright-line test, which comes into force today, will improve compliance with the current residential land sale rules and help to ensure that people pay their fair share of tax on gains from property sales. "Any gains made on residential property purchased and sold within two years, will be subject to income tax, with some exceptions. "The bright-line test makes it clear that all property buyers, including overseas buyers, who buy and sell a residential property within two years, will be taxed on their gains," says Mr McClay.

  • Hamilton property values soar NZ Newswire - Thu, Oct 1, 2015 12:15 PM NZDT

    National property values advanced 13 per cent over the past 12 months to an average $542,277, Quotable Value says.

  • Nationwide home values rise at fastest annual rate since 2006 Fuseworks - Thu, Oct 1, 2015 12:00 PM NZDT

    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. The Auckland market has increased 22.6% year on year, 6.7% over the past three months and 64.1% since 2007 which is the fastest annual rate of increase since late 1994. The average value in the Auckland region is now $896,676.

  • Fewest homes for sale for at least eight years Fuseworks - Thu, Oct 1, 2015 8:00 AM NZDT

    The largest New Zealand website dedicated only to property represents over 97% of all agent supplied property listings in the country - more than any other single resource. The data shows that in September there were only 30,988 properties for sale across New Zealand. "Historically, the number of homes for sale tends to be fairly stable, following gradual, long-term trends," says Brendon Skipper, CEO of

  • Lakeview leases expire today Fuseworks - Wed, Sep 30, 2015 2:21 PM NZDT

    Most of the privately owned cabins on land leased from the Queenstown Lakes District Council at Lakeview have already been transferred to the Council’s ownership or removed ahead of the expiry of their leases today. The owners were given the choice of transferring their cabin to the Council’s ownership by today or removing it at their own expense. All the tenants and resident owners of the privately owned cabins who want to stay in the precinct are able to do so in the meantime, even if the cabin they have previously lived in is being removed.

  • Home building consents fluctuate NZ Newswire - Wed, Sep 30, 2015 12:08 PM NZDT

    Construction intentions are strong in non-residential work, with big projects coming on stream in the Canterbury rebuild.

  • Tuwharetoa Street carpark to be put on market Fuseworks - Wed, Sep 30, 2015 8:27 AM NZDT

    A decision has been made to continue with the sale of 29 Tuwharetoa Street in Taupō’s Central Business District, which will enable the completion of the CBD laneway network to the lakefront and further enhance the streetscape of the main entertainment area. The 1102 square metre site is considered prime commercial land within the heart of the town centre and is currently used as a public carpark. Mayor David Trewavas said the council today resolved to put the property back on the market in a bid to encourage more economic development in the town centre.

  • Quick guide to buying a healthy home Fuseworks - Tue, Sep 29, 2015 1:33 PM NZDT

    Insulation The house will be very hard to heat if it doesn’t have adequate ceiling and underfloor insulation.If there’s an accessible roof and subfloor space it's fairly straightforward to check if a home has adequate ceiling and underfloor insulation.Pop your head through the hatch into your roof space - you will need to replace or top up the insulation if the insulation: is less than 12 cm thick (i.e should be thicker than the height of the ceiling joists) doesn't cover the whole ceiling has gaps, or places where it is squashed or tucked in. You need to remove the old insulation and start again if it is wet or damp in areas or has been damaged by rodents or birds. Try to check under the house for underfloor insulation - it may need upgrading if it is loose, ripped, or doesn’t extend under the whole floor.

  • Auckland remains a speculator's paradise - Twyford Fuseworks - Fri, Sep 25, 2015 12:06 PM NZST

    New Reserve Bank figures show the Auckland housing market remains a speculator’s paradise with investors taking out mortgages for more than 5000 properties a month, Labour’s Housing spokesperson Phil Twyford says. "Of that new borrowing, a whopping 43 per cent went to investors while only 12 per cent went to first home buyers. "This follows analysis by Quotable Value finding more than 40 per cent of properties in Auckland are being sold to investors.

  • First homes at former Crown Lynn pottery site up for sale Fuseworks - Thu, Sep 24, 2015 9:07 AM NZST

    Huge plans have been unveiled for the urban redevelopment of the well-known former Crown Lynn pottery and brick-making site in West Auckland - containing some 1800 new residential dwellings. The 12 hectare area to be known as West Edge is bordered by Margan Ave, Crown Lynn Place, and Rankin Ave, and when complete, will encompass duplex and terraced housing, and a handful of mid-rise apartment blocks - some with retail premises at street level. The area has already been designated a Special Housing Area under the joint Auckland Council/Government housing accord.

  • Fish tank sinks Wgtn apartment price NZ Newswire - Thu, Sep 24, 2015 7:34 AM NZST

    A leaking fish tank in a Wellington waterfront apartment has knocked hundreds of thousands of dollars off the price of its downstairs neighbour.

  • Chinese firm commits $US2b to Chch rebuild NZ Newswire - Wed, Sep 23, 2015 12:22 PM NZST

    One of China's largest infrastructure development companies has committed to raise $US2 billion funds to apply to Christchurch rebuild projects.

  • Zespri headquarters site for sale Fuseworks - Wed, Sep 23, 2015 11:07 AM NZST

    One of the last blocks of premium commercial land in central Mount Maunganui, encompassing the global head offices of Zespri International and a leased portion of land from a public park, has been placed on the market for sale. Located in the heart of beachside Mount Maunganui at 384-410 Maunganui Road, the 8100sqm property is also bound by Miro and Matai Streets. The site is part of a larger commercial block of 1.160 hectares owned by Tauranga City Council.

  • DNZ Property to buy 19 Countdown sites NZ Newswire - Wed, Sep 23, 2015 10:03 AM NZST

    Nineteen Countdown supermarket sites will be bought by DNZ Property Fund in a $287m deal.

  • Beware of banks dangling carrots - property investor Fuseworks - Tue, Sep 22, 2015 4:54 PM NZST

    A leading Auckland property investor has cautioned wannabe landlords to be wary of banks "dangling carrots" to make mortgages seem more attractive. Peter Lewis, vice president of the Auckland Property Investors Association, says the recent trend by banks to incentivise mortgages with offers of holidays and free phones might appear attractive today, but when historically low interest rates begin their U-turn, the holiday will be over and the pain will begin. Efforts by the Reserve Bank to stem this flow appear to have had little effect, as most of these investors are well funded and financially astute," Mr Lewis says.

  • Auckland rents top $400 per week for smallest properties Fuseworks - Tue, Sep 22, 2015 8:57 AM NZST

    A property renter in Auckland can now expect to pay $400 per week regardless of property size or type, according to Trade Me Property’s monthly report on median rents across New Zealand. Head of Trade Me Property Nigel Jeffries said that even the smallest unit or 1-bedroom home will cost a typical Auckland renter $400 per week. "Median asking rents in Auckland have rocketed up more than eight per cent on a year ago.

  • A chance of free land to lure Auckland buyers Fuseworks - Mon, Sep 21, 2015 11:16 AM NZST

    Purchase a lot in the new Vineyard Road Estate, Te Kauwhata and you’ve got a 1 in 38 chance of winning back your entire purchase price. "In 12 months a supervised draw will refund one lucky buyer their section purchase price in full," explains Barfoot and Thompson Pukekohe Branch Manager Nick Bates. Mr Bates says the Vineyard Road Estate location, being midway between Auckland and Hamilton, is ideal for those looking to escape the hot Auckland market, but still have the option to commute to nearby cities for work.

  • Housing NZ close to completing 5000 home repairs in Chch Fuseworks - Fri, Sep 18, 2015 2:14 PM NZST

    A massive programme to repair 5000 earthquake-damaged Housing New Zealand homes will be completed by the end of this year. Housing New Zealand sustained damage to about 95% of its properties after the Canterbury earthquakes. This saw the formation of its Canterbury Earthquake Recovery Programme (CERP) which was charged with repairing up to 5000 earthquake-damaged homes and building up to 700 new homes by the end of 2015.

  • Convention centre gets consent approval NZ Newswire - Fri, Sep 18, 2015 12:08 PM NZST
    Convention centre gets consent approval

    SkyCity's international convention centre has been granted resource consent and the company hopes to start work before Christmas.

  • Spike in rental activity 'signals early start to shifting season' Fuseworks - Thu, Sep 17, 2015 9:59 AM NZST

    Barfoot & Thompson is reporting a rapid increase in online rental property activity, signalling an early start to the traditionally busy spring and summer periods. The Auckland real estate company, which lets a portfolio of more than 13,000 properties, saw rental applications- rise 28% in August compared to July, and 61% when compared to the early winter month of May. Rental property searches online also increased by 26% between July and August. "This signals an early start to the ‘shifting season’, when tenants begin to look elsewhere for properties that might better suit their needs," says Kiri Barfoot, who oversees the company’s property management services.

  • Quarter acre dream 'out of reach for most Aucklanders' Fuseworks - Thu, Sep 17, 2015 8:53 AM NZST

    Head of Trade Me Property Nigel Jeffries says the latest Property Price Index showed that while the average asking price in Auckland has risen by 20 per cent in the last year, small houses (1-2 bedrooms) had increased 24 per cent and apartments were up a "staggering" 49 per cent in a year. "The average asking price for apartments in Auckland is now $566,350, up more than $185,000 in the past 12 months.

  • Community providers boost social housing - Bennett Fuseworks - Tue, Sep 15, 2015 4:02 PM NZST

    Eight new properties being opened today show the importance community organisations play in housing vulnerable New Zealanders, Social Housing Minister Paula Bennett says. The Accessible Properties opening in Miramar today will see at least 16 people housed in eight brand new two-bedroom units. "It’s great to open these new homes because they’re a good example of what modern, tenant-focused social housing looks like in New Zealand," Mrs Bennett says.

  • Fulton Hogan annual profit rises 9.7% NZ Newswire - Tue, Sep 15, 2015 12:52 PM NZST

    Construction company Fulton Hogan has increased net profit nearly 10 per cent, despite Australia's slowing resources sector weighing on revenue.

  • Q+A with Lisa Dudson, author of The New Zealand Property Guide Yahoo Finance - Tue, Sep 15, 2015 9:55 AM NZST
    Q+A with Lisa Dudson, author of The New Zealand Property Guide

    Personal finance expert Lisa Dudson has just released her book "The New Zealand Property Guide", a helpful manual for kiwis looking to invest in residential property.

  • Home ownership a real possibility in Te Anau Fuseworks - Mon, Sep 14, 2015 2:41 PM NZST

    Housing New Zealand’s FirstHome scheme is a home ownership initiative which helps eligible buyers to afford to buy selected properties Housing New Zealand is selling across the country. To help with the deposit, eligible buyers receive a grant of 10 percent of the purchase price of the property, capped at $20,000. Housing New Zealand Tenancy Services Area Manager Kate Milton said the initiative is designed to support first-home buyers achieve their dream of home ownership.

  • Hamilton house prices achieve historical highs Fuseworks - Mon, Sep 14, 2015 10:04 AM NZST

    Lodge Real Estate’s managing director Jeremy O’Rourke, today said Real Estate Institute of NZ (REINZ) statistics released Friday (11 September) show Hamilton’s median has hit an all-time high of $415,500. "We’ve been saying since January that Hamilton’s median would crack the $400,000 mark this year and it’s finally happened in August. "This winter was an unusual time in the Hamilton market.

  • Auckland homes 75% more expensive per sq metre in 2 years Fuseworks - Mon, Sep 14, 2015 6:48 AM NZST

    Just how different the Auckland house market is compared to the rest of New Zealand is revealed by an analysis of homes advertised on, New Zealand’s largest property listing website. The results compare the average size and asking price for houses and townhouses (excluding apartments) offered for sale on in the first half of 2013 with the corresponding figures for 2015. The price of houses and townhouses for sale in Auckland increased by more than 75% per square metre from 2013 to 2015.

  • House prices steady as sales fall NZ Newswire - Thu, Sep 10, 2015 2:21 PM NZST

    Excluding the impact of Auckland, the national median housing price fell one per cent to $348,500 in the Real Estate Institute's latest monthly figures.

  • Property for Industry in trading halt NZ Newswire - Thu, Sep 10, 2015 9:38 AM NZST

    Property for Industry has gone into a trading halt as it carries out a capital raising to fund development activity.

  • Investment property to take off at Auckland's airport precinct Fuseworks - Wed, Sep 9, 2015 8:01 AM NZST

    A substantial commercial property in Auckland’s airport precinct with an eclectic mix of tenancies has been placed on the market for sale. The 2841 square metres building sits on 4854 square metres of land in Richard Pearse Drive, and is tenanted by a gymnasium, a physiotherapy treatment facility to treat all the strains and muscle ailments caused by over-training, and the warehousing activity of furniture retailer Early Settler. The tenancy mix for the premises includes: Fitness 24/7 on a six year lease running through until 2023 with a further two year right-of-renewal returning $198,000 plus GST per annum Early Settler on a three year lease running through until 2018 with a further two and one year right-of-renewal returning $138,000 plus GST per annum R.T.P Physio Ltd on a four year lease running through to 2019 with two further two year rights-of-renewal returning $15,750 plus GST per annum The Early Settler warehousing component of the property takes up some 1524 square metres of ground floor, while the 24/7 gym amenity - encompassing the physiotherapy studio within its trading area - leases 1317 square metres of space over two levels.

  • Chinese property market study provides NZ insights Fuseworks - Tue, Sep 8, 2015 10:33 AM NZST

    Annie Wang’s PhD thesis 'House Price Bubble in Urban China: Evidence from Eight Chinese Cities' casts some light on how the Chinese property market is mirroring our own and offers some insight into why overseas real estate may be popular there. Ms Wang says her results suggest China’s housing markets did not experience a bubble in the study period of 1999 to 2013. "The fluctuation in the house price indices of the eight Chinese cities can be explained better by the macroeconomic fundamental variables (such as inflation, income and mortgage rates) in the long-run than in the short-run," she says.

  • Money Minute: 3 ways to save on rent Yahoo Finance - Sat, Sep 5, 2015 8:14 AM NZST
    Money Minute: 3 ways to save on rent

    The rent is too damn high! There are ways to save. We tell you in this week's Money Minute.

  • Building boom hits 50-year record NZ Newswire - Thu, Sep 3, 2015 11:43 AM NZST

    More than $4 billion worth of building work was put in place in the June quarter pushing it to a 50-year high.

  • Auckland house sales climb to 15-year high NZ Newswire - Thu, Sep 3, 2015 10:47 AM NZST

    Auckland's biggest realtor Barfoot & Thompson says it sold the most number of houses in August for 15 years while prices eased slightly.

  • Auckland house prices 'at crossroads' Fuseworks - Thu, Sep 3, 2015 10:00 AM NZST

    After five months of setting ever increasing record prices, Auckland house prices eased back in August. "In August, the average price for homes sold was $821,079, a decline of nearly one percent on July’s average price and also below the average prices for June and May," said Peter Thompson, Managing Director of Barfoot & Thompson. "The same trend is there in the median price.

  • New social houses 'signal commitment to warm, dry homes' Fuseworks - Wed, Sep 2, 2015 3:50 PM NZST

    Housing New Zealand’s Chief Executive, Glen Sowry, today used the unveiling of 11 new social homes in the Auckland suburb of Glen Innes to underline his organisation’s commitment to providing warm, dry healthy homes for families in need both locally and throughout the country. All homes have a six star level New Zealand Green Building Council Homestar rating, which reflects a range of sustainable design considerations.

  • Westgate mall bought for $82.5m NZ Newswire - Wed, Sep 2, 2015 10:57 AM NZST

    Westgate mall, which is due to open in March, has been bought by Kiwi Property Group in an $82.5m deal.

  • New figures show speculators rampant - Twyford Fuseworks - Tue, Sep 1, 2015 2:43 PM NZST

    New figures released by the Reserve Bank show there’s been an explosion in mortgage lending with most of the growth going to property investors, Labour’s Housing spokesperson Phil Twyford says. Reserve Bank data shows mortgage lending was up 6 per cent from a year ago - the fastest annual growth rate since October 2008 - and new mortgage lending to landlords rose $146 million to $2.002 billion in the month from June to July.

  • BoP land block sells for $90,000 per hectare Fuseworks - Tue, Sep 1, 2015 12:30 PM NZST

    Bay of Plenty kiwifruit property continues to break records and has helped ensure the local rural real estate market is currently around the strongest in the country. A Paengaroa bare land block capable of development for kiwifruit, which sold for $90,000 per hectare, is just one example of why the region topped nationwide revenue for national rural real estate leader, PGG Wrightson Real Estate, in 2014/15. Sales manager for the company’s Bay of Plenty/Central Plateau region, Mike McCullough, said the strength of the horticulture sector was a crucial part of an all-round effort by his team to secure the title of top region across PGG Wrightson’s national network.

  • Signs of Auckland property peaking: QV NZ Newswire - Tue, Sep 1, 2015 12:15 PM NZST

    Rapid on-selling of Auckland homes may be a sign some speculators believe the market is reaching its peak, says Quotable Value.

  • Housing Trust underway with 44 lots at Shotover Country Fuseworks - Tue, Sep 1, 2015 11:29 AM NZST

    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. Executive Officer, Julie Scott, said "we’re currently in negotiations with three building companies and expect to be in a position to announce these soon." The Trust is focusing on smaller homes and targeting a lower price range.

  • New record high asking prices across NZ Fuseworks - Tue, Sep 1, 2015 10:40 AM NZST

    The seasonally adjusted average asking price for homes for sale in New Zealand in August was $568,215. This reflects an increase of 5.5% in just one month, since the previous record high national asking price of $538,484 set in July. Data analysis by, New Zealand’s largest property listing website, reveals that the surge in property prices is not limited to Auckland, where a new record asking price of $832,613 was reached (up from the previous record $820,016 in June 2015).

  • Local investors welcome move to tax offshore buyers NewsTalk - Tue, Sep 1, 2015 5:51 AM NZST

    Local investors are happy with moves to tax offshore buyers who sell houses within two years of purchasing them. Local investors welcome move to tax offshore buyers

  • Home building consents jump 20% NZ Newswire - Mon, Aug 31, 2015 11:32 AM NZST

    Auckland accounted for about 40 per cent of all new residential building consents issued in July, leading to a national turnaround in building intentions.

  • A rare breed that doesn't turn to family for house-buying help Fuseworks - Mon, Aug 31, 2015 11:04 AM NZST

    A new nationwide survey has found 62% of Kiwis say it will be difficult to buy a house without financial support from family or friends. The drive behind the HRV State of Home survey, conducted by independent research company Buzz Channel, was to gain an insight into what issues New Zealanders face when it comes to their homes and to increase awareness about the importance of having a dry and warm home. Respondents were also asked about home ownership, what priorities are key in their lives, and what they thought of their neighbours and the area they live in.

  • Property Institute welcomes 'game changing' RBNZ policy Fuseworks - Fri, Aug 28, 2015 9:35 AM NZST

    Property Institute of New Zealand Chief Executive, Ashley Church, has welcomed a recent policy change, by the Reserve Bank calling it ‘a game changer’ and ‘a massive step in the right direction’. Up until recently, an exemption from the Reserve Bank’s policy of requiring a minimum 20% deposit on a property purchase was available where the purpose of the loan was to build a new home - but the exemption was only available to those who were purchasing the property as their own home. The move is in line with an address, made by Reserve Bank Deputy Governor Grant Spencer, earlier this week where he acknowledged the need for ‘rapid progress’ in the construction of new housing in Auckland - a point on which Mr Church agrees.

  • Call for policy changes to encourage new home building Fuseworks - Thu, Aug 27, 2015 10:07 AM NZST

    Property Institute of New Zealand Chief Executive, Ashley Church, has welcomed statements, by the Reserve Bank, acknowledging that more rapid progress in producing new housing is needed in order to get on top of the Auckland housing issue - but says that the measures being implemented by the Bank, to address the issue, continue to be misguided. Earlier this week Reserve Bank Deputy Governor Grant Spencer addressed the Northern Club in Auckland and acknowledged the need for ‘rapid progress’ in the construction of new housing in Auckland - something Mr Church believes represents a change in policy by the Reserve Bank.

  • Goodman to sell five Christchurch sites NZ Newswire - Wed, Aug 26, 2015 2:12 PM NZST

    Goodman Property Trust is selling five Christchurch sites as part of its asset recycling to fund further development.

  • Goodman Property Trust set to sell properties in Chch Fuseworks - Wed, Aug 26, 2015 1:13 PM NZST

    Goodman Property Trust is selling five of its blue chip properties in Christchurch as part of its continuing programme of releasing capital for reinvestment. The properties being marketed by Colliers International are three new buildings in the Goodman-owned Glassworks Industry Park, Hornby and another two in the premium Show Place Office Park at Addington. General manager Mark Macauley described it as one of the most significant portfolios to come to the market in Canterbury since the earthquakes.

  • We're not to blame for house prices, investors claim NewsTalk - Tue, Aug 25, 2015 5:35 AM NZST

    Auckland needs more rental properties, not less investor activity. We're not to blame for house prices, investors claim

  • Harcourts Wanaka expands Fuseworks - Mon, Aug 24, 2015 3:23 PM NZST

    It is exciting times for Wanaka’s real estate landscape with the announcement that Harcourts Wanaka’s has expanded to include the local office of Professionals. The joining of the two teams means Harcourts Wanaka is now the largest real estate business in town, with a further seven highly-regarded, local sales consultants taking the total agent force to 20. Add to that the property management and administration support team and the company is well positioned for Wanaka’s growing marketplace.

  • Investors raise risk of Auckland housing NZ Newswire - Mon, Aug 24, 2015 2:28 PM NZST

    Investors now account for 41 per cent of Auckland house purchases, with smaller investors and those reliant on credit showing the biggest gain.

  • Argosy buys Auckland office building NZ Newswire - Mon, Aug 24, 2015 11:28 AM NZST

    Argosy Properties' diversification away from malls and retail buildings continues with the $42 million purchase of an Auckland office building.

  • Free insulation gifted Fuseworks - Mon, Aug 24, 2015 10:00 AM NZST

    A Mamaku resident now has free home insulation thanks to Bay of Plenty Regional Council and WISE Better Homes. The two organisations had a stand at last month’s Home and Leisure Show in Rotorua that gave away free home insulation to one lucky winner. Mamaku local Lorraine Olding won and gifted the prize to a neighbour.

  • HomeStart off to successful start - Minister Fuseworks - Sun, Aug 23, 2015 3:16 PM NZST

    The number of first home buyers accessing Government support for making a deposit on a house has doubled since the Government’s new KiwiSaver HomeStart package took effect on 1 April this year, Building and Housing Minister Dr Nick Smith said in releasing the first quarterly report today. "KiwiSaver HomeStart is off to a strong start with 6788 applications in the first quarter to June, of which 2011 have been approved, 1740 pre-approved and another 2016 are in the process. The HomeStart scheme came into effect 1 April and replaced the KiwiSaver First Home Deposit Subsidy.

  • Report reveals shoddy Christchurch home repairs NewsTalk - Wed, Aug 19, 2015 2:16 PM NZST

    MBIE said it's disappointed by the extent of shoddy repair work carried out as part of the Canterbury Home Repair Programme. Report reveals shoddy Christchurch home repairs Christchurch Earthquake, MBIE

  • Report into Canterbury residential repairs released Fuseworks - Wed, Aug 19, 2015 11:39 AM NZST

    The Ministry of Business, Innovation and Employment (MBIE) has released a report into the Building Code compliance of earthquake repairs to Canterbury homes. The organisations were asked for addresses of homes with completed structural repairs that were exempt from a building consent under Schedule 1 (repairs and maintenance) of the Building Act. Exempt repair work was considered to have a greater risk of non-compliance as it’s not subject to a council inspection and because, unlike cosmetic repairs, defects in structural repairs may be hidden from view and therefore harder for homeowners to identify.

  • Akld new home goal achievable: Westpac NZ Newswire - Wed, Aug 19, 2015 4:02 AM NZST

    Westpac estimates 10,800 new homes will be needed each year for the next eight years to meet the population growth of the country's biggest city.

  • S&P notes Auckland property risk to banks NZ Newswire - Fri, Aug 14, 2015 3:46 PM NZST

    he country's four biggest banks have had their stand-alone credit profiles dropped a notch by Standard & Poor's.

  • Auckland house prices dip but sales jump NZ Newswire - Thu, Aug 13, 2015 12:08 PM NZST

    Auckland's median house price fell by 2.6 per cent to $735,000 in July as sales increased in the city and across New Zealand.

  • James Hardie to 'vigorously defend' claim NZ Newswire - Tue, Aug 11, 2015 6:04 PM NZST

    James Hardie says it will vigorously defend any allegations against its products, after a claim against its Harditex cladding was filed in the High Court.

  • 'Leaky home' class action planned NZ Newswire - Mon, Aug 10, 2015 4:56 PM NZST

    A claim has been filed in the High Court alleging James Hardie was negligent in its design, manufacture and supply of the Harditex cladding system.

  • Auckland house price growth stalls NZ Newswire - Wed, Aug 5, 2015 10:59 AM NZST

    Theere are signs of a slowdown in the rapid rate of price growth in Auckland's housing market with average prices rising by just $885 last month.

  • Auckland housing market `blistering hot' NZ Newswire - Tue, Aug 4, 2015 2:47 PM NZST

    Labour's Phil Twyford says the Auckland housing market is racing away from ordinary Kiwi families and the average price is set to hit $1 million.

  • Auckland property listing prices fall NZ Newswire - Sat, Aug 1, 2015 10:48 AM NZST

    There's been a blip lower in the listing prices of Auckland property and can't find any evidence of foreign buyers driving the market.


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