Northland stories
Buyers are getting more choice as supply improves, even though New Zealand house prices hit fresh records in November and growth begins to ease.
New Zealand’s median house price climbed by NZD $100,000 in October, with 10 regions hitting record highs amid tight supply and strong demand.
Lockdown has not cooled demand, with New Zealand house prices hitting another record as spring listings are delayed and buyers stay active.
Businesses must shift to contactless operations, remote work and tighter checks as Delta-driven Alert Level 3 curbs customer access.
Businesses must shift to remote work where possible as Level 3 rules ban most customer access and require contactless trading.
Record prices are still climbing, but a drop in sales and inventories suggests winter may not be the only reason for the slowdown.
New records in prices and sales show demand is still outpacing supply, despite efforts to cool New Zealand's property market.
The $30m project is expected to supply 3,000 homes and improve summer power reliability in the Far North once completed.
Other transport projects are being shelved nationwide as Auckland gets a $685m standalone bridge for cyclists and pedestrians.
Sales fell by more than 2,500 from March as investors and first-time buyers took a wait-and-see approach to tighter lending rules.
Record prices and a 14-year sales high show New Zealand's housing market is still racing ahead despite tighter lending rules and tax changes.
Sales surged 14.6% year on year in February as buyers rushed to secure homes before loan-to-value restrictions returned in March.
Men own 31,000 more homes than women in New Zealand, underscoring how the gender pay gap is limiting access to property.
New Zealand’s housing market remained brisk in January despite a modest month-on-month price fall, with sales and auctions both at multi-year highs.
Additional public and transitional homes will be targeted at regional centres where demand has surged ahead of supply, worsening rents and overcrowding.
A shortage of homes for sale is fuelling record house prices and leaving buyers with fewer options, despite the busiest November in 13 years.
Listings fell to record lows as buyers pushed Auckland’s median house price to GBP £1 million and nationwide sales hit a 14-year October high.
The University of Auckland’s Waiparuru Hall beat a record field to win the GIB Supreme Award, despite tight logistics and a fixed opening date.
Record house prices and strong sales are fuelling doubts over Treasury’s forecast of a 5% fall by June next year.
Transport industry groups say decades of stop-start planning could end if National’s $31 billion road and rail programme goes ahead.
