Wellington housing market now rising faster than Auckland

The Auckland market has increased 15.0% year on year and 5.8% over the past three months. Values there are now 88.7% higher than the previous peak of 2007. When adjusted for inflation values rose 14.5% over the past year and are 60.2% above the 2007 peak. The average...

Speech to the National Maori Housing Conference

E nga mana, e nga reo, e te iwi o te motu, tena koutou, tena koutou, tena koutou katoa. Introduction – Community Housing Sector Thank you for the opportunity to speak with you today. I would like to acknowledge: mana whenua – Ngā Potiki Tauranga Moana Tauranga Tangata...

Government announces next step for housing infrastructure fund

“The fund, announced in July, gives councils the ability to bring forward infrastructure projects important to increasing housing supply, whether in new greenfield urban areas or in the redevelopment of existing urban areas,” Dr Smith says. “As part of their...

Northcote development to boost housing supply

The Minister Responsible for Housing New Zealand, Bill English, says the $750 million project will transform the existing 300 properties into about 1200 warmer, drier and healthier homes with a better mix of size and type. “The number of HNZ homes will increase from...

Government should address the demand side of housing crisis

Partner Simon Berry says that “we can draw lessons from Canada, where the Government has taken the responsible step of committing funds and resource to investigating the impact of foreign investors on the housing market.” As a response to burgeoning house prices in...