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May 10, 2021
Shouldnt be penalised: Petition to scrap house price caps for first-home buyers nears 600 signatures Newshub 5 days ago Priscilla Dickinson © Supplied/Getty Images. Northland-based mortgage broker Sarah Curtis has set up a petition to remove house price caps across New Zealand. A petition calling on the Government to remove regional house price caps for first-home buyers is nearing 600 signatures. First-home buyers wanting to get the First Home Grant and First Home Loan mus...
May 10, 2021
10/05/2021 The market hit a new high in April, with the average national value up 8.9 percent. Photo credit: Getty Images The average house price in New Zealand will hit $1 million before years end, if recent trends continue. The latest Quotable Value figures, out Monday, show the average value nationwide is now $913,209 - up 8.9 percent in just three months. At that rate, the $1 million mark will be reached by September. The average is now more than twice...
May 5, 2021
Wellington is trying to prepare for a projected population explosion, in a city desperately short of housing. Wellington now has two $2 million suburbs, as property valuations in exclusive parts of the city jump significantly – bucking a national trend which has seen "affordable” homes attract the largest growth in capital gains in the past few months. The average house in the seaside suburb of Oriental Bay/Roseneath is worth $2,190,324 and properties in Seatoun are valued at about $2,054,...
April 30, 2021
Whats it like when you dont own your home? The housing crisis and renters aged 8-82 30 Apr, 2021 05:00 PM 19 minutes to read Its becoming harder than ever for renters to find a place to call their own. Photo / Herald file Its becoming harder than ever for renters to find a place to call their own. Photo / Herald file In a heated housing market renters are the collateral damage, the silent thousands who cant afford to buy - or complain. Whats life like when you dont own your own home? Kim Knight...
April 20, 2021
New housing price figures show the average price of entry-level houses in Ruapehu has increased by more than 70 percent in the last year. The latest Quotable Value (QV) Quartile Index shows house prices rising in the lower end of the market (file image). Photo: Unsplash / Nick Sarvari The latest Quotable Value (QV) Quartile Index showed the rise in the central North Island district was by far the largest price increase for homes in this bracket of anywhere in the country. The next biggest jump...
April 20, 2021
House prices continue to soar; biggest gains in entry-level properties - QV 20 Apr, 2021 05:12 AM 3 minutes to read QV says its latest data shows "precisely how difficult it has become since lockdown for Kiwis to take their first step on the property ladder". File photo / RNZ QV says its latest data shows "precisely how difficult it has become since lockdown for Kiwis to take their first step on the property ladder". File photo / RNZ RNZ New house price figures show the average price of entry-l...
March 8, 2021
Fancy a cheap quarter-acre section? Council puts abandoned Pātea land up for tender 8 Mar, 2021 04:00 PM 2 minutes to read South Taranaki District Council has opened tenders for four blocks of abandoned land in Pātea. Photo / File South Taranaki District Council has opened tenders for four blocks of abandoned land in Pātea. Photo / File Its less than a kilometre from the sea, four houses from the nearest school and backs onto a scenic reserve next to the river, but the owners of this South T...
February 22, 2021
Enquiries in the hundreds: The housing market boom arrives on Central Hawkes Bays coast 22 Feb, 2021 12:26 AM 4 minutes to read Paoanui Point development section at Pourerere Beach, Central Hawkes Bay. Photo / Supplied Hawkes Bays southernmost beaches are for many holidaymakers and daytrippers the last bastion of regional remoteness. But a generation realising that working from anywhere is an option, and the eye-watering cost of coastal property further up the coast, is turnin...
February 18, 2021
Press Release – REINZ Hawkes Bay is leading the property pack proving a post lockdown land of milk and money, continuing to outstrip the rest of the country with the highest annual growth rate in house price values. But experts warn an overheated market is fast … Hawke’s Bay is leading the property ‘pack’ proving a post lockdown land of milk and money, continuing to outstrip the rest of the country with the highest annual growth rate in house price values. But experts warn an overhea...
February 18, 2021
Friday, 19 February 2021, 8:35 am Hawke’s Bay is leading the property ‘pack’ proving a post lockdown land of milk and money, continuing to outstrip the rest of the country with the highest annual growth rate in house price values. But experts warn an overheated market is fast drying up what’s being labelled a “chronic supply shortage.” Coastal development Paoanui Point, Pourerere Beach, Hawke’s Bay The latest REINZ House Price Index figures reveals Gisborne/Hawke’s Bay posted a...