Home owners or people about to sign up to a mortgage to buy a property don’t have many good interest rate choices in front of them at the moment. 30-12-1899 more >>
While house prices are currently greatly inflated compared with the long-term trend, it's likely to take a long time before they adjust back to trend, says Andrew Gawith, an economist at Infometrics. 30-12-1899 more >>
House price inflation accelerated again in December, continuing to confound expectations the housing market is poised to slow, according to the latest Quotable Value figures.
Average annual growth in house prices nationally was 15.8% to $315,249 in December, up from 15% in November and 14.5% in October. 30-12-1899 more >>
The past week has been a relatively quiet one in terms of the quantum of changes to home loan rates, but there has still been plenty of heat amongst those battling it out at the bottom of the two-year rate table. 30-12-1899 more >>
Tenants would be protected against personal liability for damage they were not responsible for under a MP's bill to be debated by Parliament. 30-12-1899 more >>
Building Issues Minister Clayton Cosgrove released of a summary of submissions to the review of the Unit Titles Act 1972. Options for Change put forward a range of proposals, including redefining the responsibilities of bodies corporate and unit owners, common property and unit entitlement. 30-12-1899 more >>
Wayne Thompson reports in the NZ Herald that the Peninsual is rapidly changing from a solid working-class suburb to a prime site for luxury apartments. 30-12-1899 more >>
A new Hawke's Bay initiative is helping people with mental health issues find a rented home without having to spend months on a waiting list. 30-12-1899 more >>
More state houses, rent-to-buy schemes, and home deposit assistance are among new Government initiatives to help home ownership in the next decade. 30-12-1899 more >>
Fixed rate increases numbered into the 20s for one-, two and three-year rates over the last week as inflation concerns dominated economic thoughts. 30-12-1899 more >>
Building Issues Minister Clayton Cosgrove said today a comprehensive review of the Unit Titles Act 1972 is being driven by big changes in the types of buildings New Zealanders live and work in.
Although Reserve Bank governor Alan Bollard left interest rates unchanged, as expected, his hawkish tone makes it seem almost certain he will raise rates in March. 30-12-1899 more >>
A high flying Auckland property developer has warned others in his sector they could be inadvertently flouting the securities law beacuse of the way they sell housing developments. 30-12-1899 more >>
The Prime Minister appointed Maryan Street as Minister of Housing and Shane Jones as Minister of Building and Construction in the Cabinet reshuffle yesterday. 30-12-1899 more >>
The lives of more than half a million people who rent are about to be changed by a long-awaited and much-debated overhaul of rental housing law. 30-12-1899 more >>
A mythology is developing about falling home ownership rates. The New Zealand Institute, the Salvation Army and the Government all seem concerned about census data on this. 30-12-1899 more >>