Property

Home insulation industry supports Budget boost

The extra $73 million for continuing the Warmer Kiwi Homes programme in the Budget will make a big difference to the lives of tens of thousands of New Zealand... Read More

Pain may soon outweigh gain for home sellers

Most homeowners are still making a profit on the resale of their home, but the tide is expected to slowly turn as prices begin to drop. CoreLogic's pain... Read More

Mount holiday home sets new revenue record

A strong summer season for domestic tourism has helped rental revenue for holiday homes surge to record levels, according to new research. Property owner... Read More

Housing: Tauranga rule change in the pipeline

Changing city planning rules to allow buildings of up to six storeys within walking distance of town centres, such as Bethlehem Shopping Centre, is on the table... Read More

REINZ: Further slowdown in property sales

April has brought a further slowdown in sales activity, more moderate price growth and, as properties stay on the market for longer, it appears favourable to buyers... Read More

Council floats developers’ contribution policy

A Rotorua developer believes a council proposal to charge developers for infrastructure growth would 'kill the goose that lays the golden egg” and disincentivise... Read More

Rotorua council to consider consulting on reserves

A proposal to sell off 10 reserve sites for housing in Rotorua is one step closer to reality, with a council committee to consider recommending it for public consultation... Read More

First-home buyer purchases fall to 2014 levels

First home buyers have been the hardest hit by the slowing market with their share of purchases falling to 22.5 per cent in the first quarter of this year, a property... Read More

House prices: Rising interest rates start to bite

The latest QV House Price Index shows the housing market is under increasing pressure from rising interest rates. Loan affordability constraints are limiting... Read More

Govt supports grass roots emergency initiatives

Supporting preparations for a potential Alpine Fault rupture on the West Coast is one of several grass roots initiatives benefitting from a Government funding... Read More

Mercury acquires Trustpower retail business today

Mercury NZ Limited's acquisition of Trustpower Limited's retail business for the final acquisition price of $467 million is now unconditional, with completion... Read More

Death of Rotorua child not treated as suspicious

The death of a Rotorua child is believed to be from a falling object. Police have said the sudden death of a child in the Rotorua suburb of Western Heights on... Read More