Housing
NZ's second tallest residental building gets green light
A Melbourne-based property developer has a green light to build one of New Zealand's tallest residential buildings in Auckland.
Annual median house price falls for first time in over 10 years
The annual median property price across the country has fallen for the first time in more than a decade, amid the housing market slowdown.
'Reckless' to 'rush': MP calls for deferral of reserves proposal decision
Rotorua MP Todd McClay has called on the district council to delay its decision on a controversial proposal to sell 10 reserve sites for housing until after the October local election.
Motel owner 'devastated' after 50 percent rate increase
Nelson moteliers feel "blindsided" after receiving significant increases in their commercial rates. Greens Motel owner Phil Neal said he was "devastated" after seeing his commercial rates increase by…
Slips causing trouble in central Wellington, Karori
A large slip in Woodhouse Avenue in Karori has blocked the road and left a house teetering on the edge.
Further south, two houses remain off limits as work begins today to clear a large slip that… Audio
House prices: 'Negative equity doesn't need to be a disaster'
Some home buyers are already experiencing negative equity in their home as market prices continue to decline.
'Staggering' reduction in growth: Average house price below $1m
The downturn in the housing market is beginning to bite with the national average house price dropping below $1 million for the first time since September. Audio
Geotechnical engineers to assess Terrace slip
Geotechnical engineers will today assess the slip on The Terrace in central Wellington.
About a dozen households were evacuated yesterday when a retaining wall gave way.
This morning, the council is… Audio
Average house price under $1mil last quarter - QV
There's good news for homebuyers in the latest QV House Price Index, which shows the national average house price in New Zealand has fallen under $1 million in the last quarter.
Wellington has been… Audio
Master Builders would like to see centralised regulatory regime for building supplies
Master Builders chief executive David Kelly says he is pleased that the Commerce Commission's initial report on the cost of construction supplies has identified some critical issues. Audio
Building supply market: Report a clear signal for sector to 'think about their behaviour' - Clark
The government is promising more action on tackling high prices for residential building materials, but says more detailed work still has to be done.
'You've got to be fair': Council looks to circumvent govt on rental subsidy
Wellington City Council is poised to move its entire social housing portfolio into a new community housing charity.
Commerce Commission set to release building supplies report
The competition watchdog will today release the draft findings of a study into residential building supplies, as the cost of building or renovating a house soars.
Many builders are struggling with… Audio
Wellington City Council moving social housing to charity
Wellington City Council is poised to move its entire social housing portfolio into a new community housing charity.
It is also planning to use millions of dollars in three-waters sweetener funding… Audio
Top LA architect on housing the vulnerable and curbing sprawl
Award-winning LA architect Michael Maltzan talks with Susie Ferguson about the challenges his work tackles including homelessness, city sprawl, housing affordability and building faster and better… Audio
House prices fall at fastest rate in more than a decade
The downturn in the property market has became further entrenched, with prices falling at the fastest pace since the Global Financial Crisis. Audio
Property values dropping fast
New house price data out today shows property values are falling at the fastest pace since the global financial crisis 14 years ago.
CoreLogic figures show house prices fell 2.5 percent in the past… Audio
Housing trust to build six new rentals in Nelson
Six new rental homes will be built in Nelson, after a housing trust bought two properties from the Nelson City Council.
'Our parks are not for sale': Rotorua reserves proposal hearings conclude
A decision on Rotorua's controversial reserves revocation proposal will echo through generations, elected members have heard.
Homes and lives teeter after slip in Wellington
Two homes and two families in Wellington are teetering on the edge, after a slip last week left their houses unsafe to enter.
They are facing an uncertain future after the council 'Red Stickered'… Audio
