NZ outpacing developed world in house prices – Economist

‘ The Economist said house prices in New Zealand have climbed 13 percent in the past year, and by 21 percent in houses worth more than $1 million. It said interest in New Zealand as a bolthole for wealthy foreigners had trebled since the election of Donald Trump...

Select committee reports back on Resource Management Act Bill

“This legislation improves New Zealand’s environmental management, helps increase the supply and affordability of housing and supports jobs and growth. It contains 40 proposals that make significant changes to five different Acts and is the most comprehensive package...

Wellington’s rental situation getting worse

Wellington rent prices are now just shy of Auckland’s. Rental prices shot up 7 percent last year in Wellington to a median of $480 a week. At the same time, the number of properties available for rent plunged. Wellington’s prices are just shy of...

New emergency housing in Otahuhu, Auckland opens

The Monte Cecilia team at opening – Dennis, Cecilia, and Bernie The site will ultimately comprise 43 two, three and four-bedroom houses, next to schools and with an on-site playground. The homes will accommodate families for between 12 and 24 weeks and are well...

Review of the Social Housing Reform Programme released

CHA agrees that significant progress is being made in the delivery of both Emergency Housing, Housing First and Social Housing components, however further progress needs to be made on delivering affordable housing. As the report makes clear, we need a plan that...

MBIE’s student renters campaign

The aim is to inform students of their rights and responsibilities. They want students to know to look for an insulation statement when they sign up for new tenancy agreements and to check their flats for working smoke alarms. The media resources include street...