Housing
New housing density plan prompts criticism from various industries
A bill to allow three homes up to three storeys high on one existing section is stirring controversy as it is rushed through Parliament.
Urban designers say housing density law change is flawed
Urban designers say a law change forcing some councils to allow higher-density housing is full of holes. The Bill was launched at an extraordinary cross party announcement three weeks ago and is being… Audio
Controversy around planning law change
A law change to allow three homes up to three storeys high on one existing section is stirring controversy as it is rushed through Parliament.
Some detractors are calling it ad hoc but others vital… Audio
'We feel cheated': Buyers speak out on developers using sunset clause
Home buyers who lost out on a deal after their developers backed out using a sunset clause, and in some cases went on to sell the property for hundreds of thousands more.
More stories emerge of buyers hit by sunset clauses
More stories are emerging of new house buyers losing out to developers using sunset clauses or other devices against them.
This comes as the escalating price of land and cost of building materials… Audio
Housing a priority focus for central North Island iwi Ngāti Rangi
A Ngāti Rangi leader says housing is a top priority for the central North Island iwi.
Quarterly housing construction costs rise at double usual rate
Annual construction cost growth rose 5.5 percent in the year to September, which was the fastest annual rate since the first quarter of 2018.
'It's really not fair' - Developers bailing out of house buyer contracts via sunset clause
Work is underway to deliver a clearer contract to address the risk of the sunset clause, in which developers can bail out.
Lawyer on sunset clauses causing trouble for home buyers
Sunset clauses in new-build contracts were originally designed to help buyers escape being trapped in construction projects beset by long delays.
Lawyers say that buyers are increasingly being caught… Audio
Home buyers at risk of developers using sunset clauses to bail on contracts
House buyers are at increasing risk of developers using sunset clauses to bail out of contracts.
That's prompted lawyers to begin work on a safer contract in a market plagued by the pandemic.
Phil… Audio
Rotorua housing crisis: 3500 homes needed in a year - draft report
Rotorua needs more than 3500 dwellings by 2023, a target the district council proposes but admits it will be unlikely to meet.
Martinborough housing intensification option shut down
South Wairarapa councillors have approved a spatial plan to address future population growth but were quick to shut down any possibility of housing intensification in central Martinborough
Median house prices up $100k on September's REINZ figures
House price growth remains strong with continued demand driving up last month's national median house price by $100,000 on September.
Average residential home now worth more than $1m
The property market reached new heights last month with the average residential home value topping a million dollars for the first time. The property market reached new heights last month...
One year after Napier floods, some have not returned home
A year ago today, a weather bomb ripped through Napier, leaving a flood in its wake.
Nearly 600 properties were damaged, with over 100 left uninhabitable.
Almost 200 people had to leave their homes… Audio
Supply strain stresses hit building standards change
Officials have pulled back from the boldest approaches to making houses warmer, because of the stresses on the supply chain.
First-home buyers' market share hits record high
We hear a lot of doom and gloom about how hard it is for buyers to get a foot on the property ladder, but first-home buyers share of the property market has reached a record high.
A new report from… Audio
Supply strain stresses hit building standards change
Officials are pulling back from bold new standards to make houses warmer, because of the stresses on the supply chain.
The Ministry of Business, Innovation and Employment will announce new insulation… Audio
First home buyers 'very active' in housing market
First home buyers' share of the property market has reached a record high, but it remains to be seen if the momentum can be sustained.
Legally uninhabitable senior flats to be fixed
Thousands of dollars will be spent correcting legally uninhabitable flats in a Marlborough senior complex.