Property

New plans for quashed Shelly Bay development lodged

A new resource consent will be lodged for a multi-million dollar development in Wellington. The $500 million development in Shelly Bay had its consents quashed by the Court of Appeal last month. The resource consents were lodged in September 2016,...... Read More

House price growth stronger in small towns

House values have increased steadily over the past year, despite little change over the peak holiday season. Quotable Value's monthly House Price Index increased 3.2 percent for the year to December, and by 1.2 percent over the quarter. The national...... Read More

Drop in new home building consents

The number of new homes consented in November dipped following a rise in October. Stats NZ figures show building consents for the month dropped a seasonally adjusted 2 percent compared to the month before. The drop erases the 1.4 percent of gains...... Read More

Almost 33,000 homes consented in November year

Almost 33,000 new homes were consented in the year ended November 2018, up 5.3 percent from the November 2017 year, Stats NZ said today. Auckland drove the increase in new homes consented, followed by Wellington. A total of 32,783 new homes were consented...... Read More

Building fire started from rubbish fire

Flames which spread up the side of a Mount Maunganui building, are confirmed to have started from a rubbish bin fire next to the building. A fire spokesperson says the rubbish bin went up in flames next to the building near Prince Ave and Steeple Lane. Four...... Read More

Modest rise in asking prices for homes

The national average asking price for a home has had its smallest annual increase out of the past five years. Figures collated by realestate.co.nz show a 1.9 percent increase in the year to December 2018. Spokesperson Vanessa Taylor says the modest...... Read More

Selling a home: a guide to going private

On the surface selling a property can seem as simple as stick a ‘for sale’ sign out front, putting a few photos online and hosting a couple of open homes. But with recent figures indicating that private sales made up just 10 per cent of...... Read More

Christchurch developer optimistic after new openings

A prominent Christchurch developer hopes the central city will really come alive this year as the rebuild continues. Peebles Group chief executive Richard Peebles said the opening of the new library Turanga and Ent-X cinema had drawn more people into...... Read More

Airbnb renters might fall out on insurance claim - Council

A body representing insurance companies says people renting out their homes as Airbnb accommodation may not be covered by insurance if anything goes wrong. Insurance Council of New Zealand chief executive Tim Grafton says more people were renting out...... Read More