Otago and Southland are among five regions in the country reporting record median house price gains for January, as Auckland and Canterbury prices continue to ease.
Labour leader Andrew Little remained adamant yesterday New Zealand was on its way to a major housing crisis. It was a ‘‘hugely serious problem'' and the Government had been underplaying the...
A Queenstown social agency manager is outraged a Government house has been sold while there is a housing crisis in the resort.
Tenants in the Dunedin boarding house Alva House, which is listed for sale, could be set for a change, a broker says.
House sellers nationwide are asking more than ever for their properties. Aucklanders want a record $732,240 and Central Otago Lakes is in second place, up 10.5% at almost $670,000.
None of Dunedin's houses will pass a rental warrant of fitness if the standards used during a recent trial of scheme are applied.
House prices are being picked to continue to rise for the year and flagging sales numbers get a boost, before hitting a ''pervasive slowdown'' in 2015, according to Westpac economist Dominick Stephens.
Housing has emerged as the largest issue to date in the election, which is still five months away. Housing Minister Nick Smith was in Christchurch this week with further announcements for the earthquake-damaged city. Business editor Dene Mackenzie reviews the announcements so far.
The Reserve Bank's loan to value ratio (LVR) restrictions on banks' lending has seen a large decline in the lower end bracket of Dunedin house sales, and an increased workload to sell them.
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.
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.
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.
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.
Auckland's housing problems are topical, not least because housing became a prominent issue in the Budget as a result. Much further south, Dunedin faces its own housing issues and the city...
The New Zealand dollar, the housing market and high borrowing in the agricultural sector are all providing major concerns for the Reserve Bank.
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.
The Reserve Bank is warning that escalating house prices are placing risks on the New Zealand financial system.
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.
The Government is to place a six-month time limit on councils processing consents for medium-size projects, including housing developments, as part of its push to make homes affordable.
Aucklanders' love affair with property has been questioned by a leading economist who says renting makes more sense.