News articles

Building consents keep falling - 20% downsince March

30 Nov 2010: New housing consent numbers kept falling in October, with the latest statistics showing showing a 20 per cent fall since March this year. The seasonally adjusted number of new housing units authorised - excluding apartments - fell for the fourth consecutive month, dropping to its lowest point since July 2009, said Statistics New Zealand. read more >>

No easy fix for leaky home woes

27 Nov 2010: I don't believe there is any one way or any one person who can fix our leaky-building issues, with a positive result for all parties who are affected financially. read more >>

Market subdued, but lift expected says Harcourts

25 Nov 2010: Harcourts New Zealand CEO Hayden Duncan says there is traditionally a lift in the market in Spring and while there were indications a rebound would occur this year, so far that has not eventuated. read more >>

Owning home becoming a dream

20 Nov 2010: Aucklanders are facing hardship in retirement because they can't afford to buy a house, a new report warns. read more >>

Tax cuts make homes more affordable

18 Nov 2010: The Government's package of income tax cuts helped improve home loan affordability last month by the most in nearly two years, a report shows. read more >>

Hammers do fall on good results

14 Nov 2010: Auctions are more popular than ever, but buyers need to understand some important dos and don'ts to make sure they get the best results. read more >>

Record Low House Sales in October - REINZ

12 Nov 2010: The Real Estate Institute of New Zealand (REINZ) has reported 3903 properties were sold in October, which was the lowest October total since REINZ records started in 1992. The volumes were only slightly above the all-time record low for any month of 3666 hit in January this year, and were down 36 per cent from October a year ago. read more >>

Property values slide in October

8 Nov 2010: Property values continued their 'gradual decline' during October, and are now 5.5 per cent below the market peak of late 2007. read more >>

LJ Hooker buys out Harveys real estate

4 Nov 2010: The New Zealand-owned, 31-office Harveys real estate business has been sold to expanding Australian-headquartered agency chain LJ Hooker. read more >>

Auckland house sales at 20-month low, says Barfoots

3 Nov 2010: Real estate company Barfoot & Thompson is reporting only 561 house sales in Auckland in October, the lowest level in 20 months. read more >>

New listings fail to provide spring property lift

1 Nov 2010: The New Zealand property market has plateaued, as a rise in new listings failed to provide a much needed boost to the market last month. read more >>