Record number of new homes consented

A record 4490 new homes were consented in August 2021, says Stats NZ this week. The previous record was 4310 new homes consented in June 2021. “August... Read More

Construction job numbers on the rise

There has been an increase in filled jobs during the last quarter in the construction industry as well as related industries like architectural... Read More

Building activity rises again in June quarter

The volume of building activity in New Zealand rose 2.0 per cent in the June 21 quarter, compared with the March 2021 quarter, Stats NZ says this... Read More

House values pricing out property owners

Three out of five property owners could not afford to buy their home at its current value, according to the latest survey from Consumer NZ. Consumer... Read More

Police issue burglary warning during lockdown

Police are warning people to make sure their homes are secure from opportunistic thieves during Alert Level 4. A police spokesperson says there are... Read More

Winter chills temper the lifestyle market

There were 179 fewer lifestyle property sales (-7.9 per cent) for the three months ended July 2021 than for the three months ended June 2021. This... Read More

Government water reforms impact unclear for some

Exactly what the Government’s proposed Three Waters Reforms might mean for the Hauraki District is still up in the air, but some things are clear... Read More

Building material shortages affecting industry

Pressure is mounting on the building sector, which is grappling with big losses and costs from delays and rising costs. A new survey by the Registered... Read More

Network aims to transform construction sector

Housing Minister Hon Dr Megan Woods and Building and Construction Minister Hon Poto Williams today launched the Construction Sector Accord Network. Designed... Read More

New moves to tighten mortgage lending

The government and Reserve Bank have agreed on new moves to tighten mortgage lending, including tougher loan to value ratios and debt to income ratios,... Read More

Rent affordability declines in Bay of Plenty

New research has named the Bay of Plenty as one of six regions where rental affordability has declined. The Massey University Real Estate Analysis Unit... Read More

House auction rates have hit new highs

Auction rates have hit new highs over the course of the current housing market boom, but there are questions over whether the sales method will remain... Read More

Housing market slows, but prices unlikely to drop

The housing market is at a turning point with sales activity and price growth expected to peak in the coming months, if they haven't already. CoreLogic's... Read More

Work continues today to restore power to thousands

Update: 3.45pm Power has now been restored to the remaining properties in Maketu that had a power outage on Saturday due to strong winds. There were... Read More

“Breathtaking” BOP house wins regional awards

A Tauranga beachside home described by judges as “unbelievably breathtaking” has taken out the Supreme New House of the Year Award in the... Read More