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Property

Hot housing market sign of Auckland’s success

Hot housing market sign of Auckland’s success

Auckland’s buoyant housing market demonstrates that the region is an attractive place to live and work for both New Zealanders and migrants.

Sprawl 'not solution' for Auckland housing affordability crisis

Sprawl 'not solution' for Auckland housing affordability crisis

It would be a mistake for the Government to allow more development on Auckland's urban fringe in its attempt to address the growing housing affordability crisis, said Green Party housing spokesperson Holly Walker.

NZ First calls for rent freeze in Christchurch

NZ First calls for rent freeze in Christchurch

New Zealand First is calling on the Government to impose a short term rent freeze in Christchurch to combat an out of control rental market.

Home affordability improves - but not for Auckland

Home affordability improves - but not for Auckland

Auckland is now the only region in New Zealand where home affordability has declined over the past year.

Lack of listings impacts real estate market

Lack of listings impacts real estate market

A shortage of new listings is causing buyers to make rapid decisions lifting house prices around the country .

August provides strong platform for spring market

August provides strong platform for spring market

Data released today by the Real Estate Institute of NZ ("REINZ") shows there were 53 more farm sales (+20.0%) for the three months ended August 2012 than for the three months ended August 2011.

Apartment numbers highest since May 2009

Apartment numbers highest since May 2009

The number of approved new houses rose 26 percent in July 2012, compared with July 2011, Statistics New Zealand said today. There were 1,478 new houses consented in July, including 235 apartments.

ASB cuts 2 year fixed home loan interest rates

ASB cuts 2 year fixed home loan interest rates

ASB is cutting its 2 year fixed home loan rate from 5.55% to 5.45% per annum.

English right about ridiculous prices - Banks

English right about ridiculous prices - Banks

ACT Leader John Bank today welcomed Finance Minister Bill English's comments that 'house prices are ridiculously high' and that housing affordability was a 'turn off' for young kiwis.

Auckland house prices hit new low for Gen X and Y - Banks

Auckland house prices hit new low for Gen X and Y - Banks

A new high for house prices in Auckland - as reported today on stuff.co.nz - means a new low for housing affordability for Generations X and Y, ACT Leader John Banks said today.