Housing
'Unacceptable': Kāinga Ora breached political neutrality - Commissioner
Government housing agency Kāinga Ora failed to remain politically neutral, the Public Service Commissioner has found.
Failure of Otago building company signals tough times for construction sector
The failure of a South Island building company may be a sign of things to come for the construction sector.
Credit approvals continue to be hit by changes to rules - Centrix
The latest credit data from Centrix shows lending had become more restrictive since changes to the Credit Contracts and Consumer Finance Act (CCCFA) came into effect in December, as the number of…
Landmark Homes Otago franchisee ran out of money, parent company says
A building company with 13 franchises nationwide is confident cash flow issues at its Otago operator is an isolated incident.
House price growth rate lowest since Sept 2020
Rising interest rates and stricter lending rules have resulted in house price growth falling to its lowest point in 18 months, with analysis of very recent sales showing sentiment rapidly changing in…
Affordable build to rent developments
House prices soared in 2021, rental housing stocks are low in some areas and affordability is beyond the reach of many first home buyers and low income earners. Bipartisan legislation was passed in… Audio
Public oppose moves to turn ex Palmerston North bowling green into housing
Public opinion is against efforts to turn an overgrown former Palmerston North bowling green into housing.
HomeGround - a new home for the Auckland City Mission
A decade in the making, the Auckland City Mission's new building - HomeGround - has finally opened its doors. The Detail takes a look behind the scenes to find out what difference it will make for the… Audio
HomeGround - a new home for the Auckland City Mission
A decade in the making, the Auckland City Mission's new building - HomeGround - has finally opened its doors. The Detail takes a look behind the scenes to find out what difference it will make for the…
AudioObjections to housing plan for former Palmerston North bowling green
Plans to turn an overgrown former bowling green into housing in Palmerston North have been met with distaste by most in submissions.
Why NZ's construction sector stumbles again and again
The pandemic has impacted all businesses, but NZ's construction sector is reeling, and ongoing systemic problems are undermining it, four experts say.
Record-high property resale profits in December quarter - CoreLogic
House sellers have been smiling all the way to the bank but that is likely to change, according to a new report.
'Rather depressing' - Official cash rate rise hits first home buyers
The Reserve Bank's quarter percentage point rise in the official cash rate may have put an end to the one "saving grace" in the housing market. Audio
Marlborough running out of land for housing - report
Predicted strong population growth within 10km of central Blenheim could see a shortfall of land for urban development within the next 30 years.
Community housing providers call on government to turn up supply
The government is investing more into housing than ever, yet experts say it is not how much but where it is being spent that will make the difference.
Playing Favourites with architect Julie Stout
Architect, educator, activist and ambassador Julie Stout has been named the New Zealand Institute of Architects 2021 Gold Medallist, the highest award an architect can receive in Aotearoa. She joins… Audio, Gallery
Housing affordability at an all-time low - CoreLogic report
With the average property across New Zealand now costing 8.8 times the average household income, it would take households nearly 12 years to save for a deposit.
Motel emergency housing a 'stopgap measure', Ardern says
Prime Minister Jacinda Ardern says emergency accommodation is a "stopgap measure" and is concerned about its long-term social effects.
Government considering regulating property managers
The government wants to introduce new regulations that will shift the power imbalance between property managers, tenants and landlords.
New Zealand is one of the few countries in the OECD that… Audio
Rental property managers would be licensed under government proposal
Rental property managers would need a licence, and be subject to an independent complaints process under the government's preferred option for regulation.