Argosy lifts annual earnings 5pc
A shift in the country's fourth-biggest listed property investor's portfolio helped lift rental income.
A shift in the country's fourth-biggest listed property investor's portfolio helped lift rental income.
Make no mistake, Auckland is in crisis and it is a crisis of the council's making. Housing is unaffordable due to artificial restrictions on land supply.
Residents can use their mobile phones to unlock doors, heat rooms and even control their ovens at a new apartment development in Auckland.
Fletcher Residential has won the right to build a huge new Auckland housing project on a controversial site at Oruarangi in Mangere.
A legal stuff up could hamper 15,000 new homes being built in special housing areas in Auckland, says Labour MP and Auckland mayoral candidate Phil Goff.
A new study suggests your Facebook friends have too much of an influence on what you pay for a house.
Arvida Group reported annual earnings ahead of its prospectus forecast and is confident of further gains in 2017.
On the face of it, a decision to give the go-ahead for residential development of a site at Ihumatao, five minutes from Auckland Airport, has a lot of appeal.
COMMENT: Auckland is facing a crisis of a scale that will cripple New Zealand's economic powerhouse and yet many continue to deny it.
Aucklanders are expected to buy some of the six new $2 million-$2.7 million holiday homes being marketed by the Millbrook Resort near Queenstown.
Rents in Auckland have hit a record high, with the median price now $520 a week
COMMENT: The two major parties agree the homelessness and unaffordability crisis has arisen because the market has not been allowed to function properly.
The Government says 150 of the 740 dwellings to be built on spare land in Auckland could be sold for "affordable" prices.
COMMENT: The same crisis that is locking so many young people out of homeownership is locking our poorest families out of any home at all, writes Andrew Little. That's not the Kiwi way.
Auckland ad offers potential renters nothing more than a spot on the sofa - for $480 a month.
Summerset Group plans to build a second retirement village in Nelson after buying an eight-hectare site in Richmond.
Housing is grabbing all the headlines lately, so the heat is on the Government to deliver on Thursday.
COMMENT: At the end of the day I think the majority of New Zealanders would predict that the next words I'm going to say is there is no housing crisis.
What is Len Brown's best strategy for easing the Auckland housing crisis?
COMMENT: This is an issue for the entire country because if Auckland doesn't work, the country doesn't work, writes Rachel Smalley. It's our economic powerhouse.
How hard is it for developers to build big housing projects?
Land development is a long and capital-intensive process and in some cases this is holding back the rate of building new houses, reports Anne Gibson.
COMMENT: Affordable seems a dirty word in PM John Key and Nick Smith's housing plans for Auckland, writes Brian Rudman.
Labour says move will get people out of cars, caravans, garages and tents.
Real estate chief says NZ caught in a three-way squeeze: a listings shortage combined with high immigration and worsened by low new-housing starts.
Andrew Little attempted to show reporters an overcrowded house yesterday - but it backfired when the owner insisted it was only being renovated.
COMMENT: The PM is being accused of being woefully out of touch on homelessness after he said that families forced to live in cars should go to Work and Income for help.