Housing

Labour policy may breach FTA

Labour policy may breach FTA

Labour's policy of restricting non-residents from buying property would have serious legal, economic and political ramifications because of New Zealand's free-trade agreement with China, lawyer Stephen Franks said yesterday.

Housing inventory hits six-year low

Housing inventory hits six-year low

A record six-year low in the number of houses on the market continues to underpin higher prices and highlights the Reserve Bank's concerns of increased risks to financial stability.

Insurers wary of old homes

Insurers wary of old homes

Dunedin's huge stock of older houses is coming under scrutiny by insurance companies and affecting property sales at the last minute. The Star investigates.

Affordable housing compromise put forward

There are some Arrowtown residents who fundamentally oppose an affordable housing development in the small village, but others who made submissions against a housing proposal are being offered a compromise.

Out or up? City plans its boundaries

Out or up? City plans its boundaries Dunedin city council wants to restrict development to within the city's urban limits and stop more subdivision at its rural fringes. But some don't think this is the best way to go about it.

NZ housing, borrowing of concern

NZ housing, borrowing of concern

The New Zealand dollar, the housing market and high borrowing in the agricultural sector are all providing major concerns for the Reserve Bank.

House price escalation problematic

House price escalation problematic

The Reserve Bank is warning that escalating house prices are placing risks on the New Zealand financial system.

Median Otago property price up

The median price for real estate sold in Otago last month rose by $4500, or 1.9%, compared with February. Prices increased in North and South Otago but fell in Dunedin.

Healthy homes scheme launched

Applications for a trial targeted rate scheme for installing insulation and clean heating in 500 Dunedin homes are open after the scheme recently received Dunedin City Council approval.

Rent, don't buy, economist says

Aucklanders' love affair with property has been questioned by a leading economist who says renting makes more sense.

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