Housing crisis continues in Queenstown
The average home value in Queenstown Lakes now sits at $1.7 million.
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Latest fromHousing
Residential developer planned to lay off up to 30pc of staff - how many took redundancy?
On November 8, the residential developer sent a proposal to staff, hoping to cut costs.
Public housing waitlist drops for only second quarter since June 2015
Skyrocketing demand may have potentially peaked.
‘Tipping point’: The global housing market is heading for a brutal downturn
Financial Times: Property markets haven't been this shaky since the GFC, economists say.
Tallest new apartment tower soars, penthouse goes for eye-watering amount
Penthouse in dramatic new building sells for more than $17 million.
Ballooning number of managers at Kāinga Ora costs $103m per year
Crown housing agency thickens management layer by 86 per cent in two years.
Big shakeup in state housing agency's debt source
All debt will be from the Crown, not private sources in future.
NZ residential developer laying off 30% of staff - also still hiring
Five per cent of the team have taken voluntary redundancy, says Horncastle.
Government announces $204m for Porirua housing development
The development will unlock 2000 more homes in eastern Porirua.
NZ’s busiest residential developer laying off up to 30% of staff
One of fastest-growing businesses in sector pulls up fast.
House sales, prices remain down: REINZ
Last October, there had been a sense of urgency not present this year.
Property: Double-digit house market declines in main centres, new figures show
QV House Price Index shows the average home dropped in value by 3.9 per cent.
Australian developer bailing out of NZ's tallest apartment tower project
The 55-level project was approved under Govt's Covid fast-track law.
Cliff collapse under new Beach Haven home a 'natural occurrence', owner cleared
Slip occurred after unsettled weather, severe rain.
Yeah baby! A touch of Austin Powers at $22.5m Auckland apartment
Pinnacle was once $10m "but that is quickly becoming $20m or more." - Martin Cooper
'Absolute beachfront': Waiheke bach with $9.3m CV for sale
The Palm Beach holiday home was originally a small fibrolite bach.
Rotorua motel ads targeted Facebook users out of town
RotoruaNZ says motels attracting out-of-towners only exacerbate emergency housing issues.
Rotorua tourism operators say no to emergency housing extension
Rotorua's reputation as a tourism mecca has taken a hit over the pandemic.
'Spiralling poverty crisis': Nearly $70m spent on Rotorua's emergency housing
Fighting for Rotorua: Children placed in "dangerous and unsuitable" accommodation.
Negative equity and rising mortgage rates: Should we be worried?
Financial experts issue advice as homeowners face tough times.
Editorial: Getting our house in order
OPINION: Our editorial on the state of social housing in NZ.
‘They forgot about us’: Family of 13 placed in one-bedroom emergency motel units after fire
Mum and her 10 kids forced to live in two one bedroom units for 12 months.
'Reduced demand, falling prices': House values still dropping nationwide
Value drops have slowed in the last month but that's no reason to say things are turning.
200 Kiwi kids still living in cars ‘an utter failure’ by Govt - Nats
National has criticised Labour's solutions to the emergency housing crisis.
Inside Winstone's new $400m Gib factory
The new factory has 50 per cent more capacity than the current Auckland plant.
Landlord cited climate change as possible reason for home humidity
Rent reduction ordered of $50/week for damp premises
Banks would withstand extreme housing market crash
The Reserve Bank has been "stress testing" how banks would cope in a severe scenario.
Māori housing 'beyond a crisis': Govt commits $55m to help Tai Tokerau
Iwi and hapū are getting the chance to pilot solutions they have designed for communities.
'Nightmare': Bad tenants knuckle down while some landlords eye holiday market
Desperate families are also applying for one-bedroom homes.
‘Utter nonsense’ to blame elderly housing vacancies on Covid - Age Concern
Auckland Council said many were vacated by owners moving out after Covid-19 arrived.
US economy returned to growth last quarter, expanding 2.6%
Overall, though, economic outlook has darkened and economists say recession is likely.
Protester who sat in a tree for a day tells judge it's not an action he took lightly
Judge: There's a right to protest ... but there's also the reality of the law.