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Positive economy 'drives interest in rental investment'

Positive economy 'drives interest in rental investment'

The Bank of New Zealand’s Nine Rewards Consumer Trends Survey indicates that interest in buying residential rental property has almost doubled since the LVRs were introduced.

Tight housing market continues to influence confidence

Tight housing market continues to influence confidence

House price expectations remain elevated in the latest ASB Housing Confidence Survey, but it has suffered a dent, with a net 47% of respondents expecting house prices will increase over the next 12 months.

Property value growth rate slows

Property value growth rate slows

The latest monthly property value index shows that nationwide residential values for January have increased 9.6% over the past year, and 2.2 over the past three months. This means they are now 12.8% above the previous market peak of late 2007.

Lowest number of new property listings in seven years

Lowest number of new property listings in seven years

The New Zealand property market registered the lowest number of new listings in December, foreshadowing a potential housing stock shortage in early 2014.

Lifting LVR restrictions 'tremendous early Christmas present'

Lifting LVR restrictions 'tremendous early Christmas present'

The lifting of loan-to-value (LVR) restrictions on new builds is a tremendous early Christmas present for those who housing dreams seemed shattered a couple of months ago, Mike Pero Real Estate CEO Mike Pero says.

RMBF says LVR policy affecting construction

RMBF says LVR policy affecting construction

Registered Master Builders Federation is concerned about the impact of the Reserve Bank’s restrictions on high LVR lending on the construction of new homes.

News stats: Tracking Labour's housing policy announcement

News stats: Tracking Labour's housing policy announcement

The team at Fuseworks spend a lot their time pouring over New Zealand political news. Of the thousands of news stories that stream into Fuseworks each day, between 10% and 20% are politics related.

Improving NZ housing for winter 'good for the economy'

Improving NZ housing for winter 'good for the economy'

The standard of housing in New Zealand needs to be significantly improved to reduce demands on the health system, according to the NZ College of Public Health Medicine.

New dwelling consents reach five-year high

New dwelling consents reach five-year high

Building consents issued for new houses hit a five-year high in the June 2013 quarter, Statistics New Zealand said today.

A total of 5,213 new houses, including apartments, were consented between April and June - the most since the June 2008 quarter.

Recently consented buildings set to be audited

Recently consented buildings set to be audited

Canterbury Earthquake Recovery Minister Gerry Brownlee says the Government will seek to have an audit of recent building consents issued by Christchurch City Council to ensure they’re up to the required standards.

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