The Budget’s projection that house prices will rise between 23 percent and 46 percent by 2017 exposes the National Government’s lack of action on affordable housing, Green Party Co-leader Metiria Turei said today.

The volume of residential property sales in April reached the highest level in six years with sales compared to April 2012 up by just over 25 per cent.

A market study into residential construction costs has been released today for public input by the Government.

Five (5) homes with price tags of over one million dollars sold in Hamilton during March 2013. This compares to only eight (8) homes of similar value selling during the entire 2012 calendar year.

By Queenstown Lakes Community Housing Trust

Affordable Housing in Queenstown is urgently required as housing moves increasingly out of reach of the average worker.

The number of homes sold within Hamilton city during February 2013 was 246, as reported by the Real Estate Institute of NZ (REINZ) today.

This month’s sales compared to 180 homes sold in the city during January 2013 and 247 one year ago during February 2012.

February residential property sales climbed to the highest level for the month in six years with the number of sales up 34 per cent on January.

The national median price rose 7.6% to $382,000 compared to February 2012 but remains below the record $389,000 established in December 2012.

Auckland Council today released key details from its latest assessment of housing issues facing Auckland.

A full briefing will be provided to councillors at the Auckland Plan Committee on Tuesday.

Home owners across New Zealand have laid down their intentions to renovate their way through 2013 and with the latest Statistics New Zealand report on the Value of Building work showing continued growth with a healthy 1.8% increase for the last quarter of 2012, it looks like good news for tradesp

The seasonally adjusted number of consents for new houses (including apartments) increased 9.4 percent in December 2012, Statistics New Zealand said today. Consents for non-apartment houses decreased 1.0 percent. Apartment numbers can vary a lot from month to month.