Property News
First home buyers pace setters: CoreLogic
First home buyers accounted for nearly one in four residential property buyers in the September quarter, rivalling investors, according to new research.
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COMMENT: Clear the red tape - get 100,000 houses
Housing and Urban Development Minister Phil Twyford must cut through the red tape if he wants to solve the housing shortage, argues Classic Developments’ Peter Cooney…
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Unlawful tenancies back in Tribunal scope
Landlords worried about full rent refunds to tenants due to non-consented work can take hope from a new High Court ruling that challenges the precedent.
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Small beginnings, big dreams
INVESTOR PROFILE: A Lower Hutt investor couple started small but they are well on the road to investment success – and now they are sharing how they got there.
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Tribunal to adopt Gluckman's meth standard
The Tenancy Tribunal will, generally, accept 15 micrograms per 100cm2 as the minimum standard for meth contamination in rental properties.
More...September sales at 7 year low
Sales activity nationwide is down to new lows with new REINZ data showing that September saw the lowest number of properties sold since January.
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Front-footing change
Tenancy laws are in line for an overhaul as the Government set out to make life better for tenants – but what do the proposed reforms mean for landlords?
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Time for apartment law reform
Higher density living is on the rise so National MPs have drafted a bill that aims to improve the law surrounding the management of apartments and townhouses. More...
Supply increase puts hold on prices
There’s been a major increase in new listings on the Auckland market and that’s keeping a lid on prices, Barfoot & Thompson’s latest data suggests. More...
Values holding pattern
Listings have jumped up with the arrival of spring but new QV data highlights that values around the country have settled into a holding pattern. More...
New Housing Ministry opens doors
The Government’s stand-alone Housing “super” ministry, which aims to unite all the disparate strands of housing policy, opened for business this week.
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Spring listings deluge
There has been a significant rise in new property listings coming on to the housing market, according to the latest data from Realestate.co.nz. More...
Auckland consents reach record levels
New dwelling consents in Auckland are reaching record annual levels but the region still needs a decade of strong construction to deal with its supply shortage. More...
Jail for Waldorf Celestion Apartment developers
Two businessmen are going to jail for fraudulently obtaining a $41 million bank loan to build an inner city Auckland apartment block. More...
New group to battle reforms
Looming changes to tenancy law and rental property standards have led to the formation of a new group determined to battle the Government’s planned reforms. More...