Property

New model opens up infrastructure investment

A government initiative to allow public and private investment in critically needed infrastructure is a significant step forward for the country. Crown Infrastructure Partners was launched today and goes some way to addressing particular concerns raised...... Read More

Labour make Queenstown housing pledge

Labour's promising to build 1000 homes in Queenstown if it's elected in September, in a bid to deal with the town's housing shortage. It comes after National's announced a $50 million housing infrastructure package earlier this month,...... Read More

Dargaville meeting lifts lid on homeless

The mayor of Kaipara, Greg Gent, was unaware of the extent of homelessness in his town until a community meeting this afternoon, he says. Ministers serving the Tongan community called the meeting after discovering at least six families in their congregations...... Read More

No NZ firms shortlisted on social housing project

One of the country's largest social housing projects is set to be taken over by an Australian housing group after New Zealand providers failed to make the shortlist. Tamaki Housing Association manages nearly 2,800 former Housing New Zealand...... Read More

Praise for SCIRT but city work continues

The work of the Stronger Christchurch Infrastructure Rebuild Team (SCIRT) to repair Christchurch’s earthquake-damaged infrastructure is the focus of the latest dashboard released by Minister supporting Greater Christchurch Regeneration Nicky Wagner. The Greater...... Read More

Opposition scorns housing announcement

Opposition parties are scorning the government's announcement that its $1-billion infrastructure fund will be spent on projects that will kick-start 60,000 new houses. Labour's Phil Twyford is calling them "ghost houses". He's...... Read More

Improvements to land transfer system

New legislation just passed in Parliament ensures New Zealand’s land transfer system will continue to be modern and world-leading, says Land Information Minister Mark Mitchell. “The Land Transfer Bill reflects the fact that the majority...... Read More

Apartments on the rise in Auckland

Auckland home buyers just got more choice, with the number of apartments listed for sale in June almost double the previous month (800 listings compared with 453 in May 2017). Real time statistics from realestate.co.nz show that the average asking price...... Read More

Cost of building up 3.5 per cent

  The latest QVcostbuilder data shows the average cost of building a new home in New Zealand’s four largest cities has risen on average by 3.5 per cent in the year to May 2017 and a total of 25.5 per cent since the previous peak of 2007. QVcostbuilder...... Read More

Rangers Park homes to become affordable housing

Forty temporary accommodation homes at Rangers Park village will become social and affordable homes to help Christchurch residents in need of housing, Housing New Zealand Minister Amy Adams and Building and Construction Minister Dr Nick Smith announced...... Read More