Housing
House prices almost 10 times median wage
Nationally, overall median house prices fell by 0.6 percent.
Midday Report Essentials for Tuesday 8 October 2024
In today's episode, a Coroner has found Sophia Crestani's death could have been avoided at an overcrowded Dunedin party, anti-prison advocates say the government's claim that there are no plans to… Audio
Wellington real estate agent upbeat despite values falling
The housing market in Wellington continues to see slow sales and falling values despite an expectation of further interest rate cuts. Tom Fuller from Tommy's Real Estate spoke to Charlotte Cook. Audio
Landlord fails in bid to evict 80-year-old tenant over $5000 unpaid rent
Life is tough for many pensioners, particularly those paying rent, financial mentors say.
Planning to downsize your home? Not so fast
It's harder to downsize than many New Zealanders expect. Audio
Government and iwi partner to build affordable homes
The 100 rentals will be built near Ngāruawāhia, with the government putting in $35 million.
Do Australians get a better mortgage deal?
Do Australians get a better deal on their mortgage rates?
Green light for more than 8000 new homes around Wellington
The government's Fast-track Approvals Bill could see a much-needed boost to the capital's housing supply, but some of the projects are not without controversy.
Pensioner party poopers? Kāinga Ora bans elderly tenants from happy hour drinks
Kāinga Ora has banned a 93-year-old Auckland pensioner and his friends from meeting for happy hour drinks in their public housing complex's common room.
New housing development will see loss of Kerikeri's eucalyptus trees
A major new housing development in central Kerikeri will change the face of the Bay of Islands town by removing its distinctive, 90-year-old eucalyptus backdrop.
Fight to evict squatter costs couple $16,000
A couple who bought a new home are warning others of the potential pitfalls of mortgagee sales, after struggling to get the former owner to leave.
What's driven the increase in homeownership, and can it last?
More people own their homes - a stat that has surprised even the statisticians.
'What sort of life is that?' - Cars, vans, tents become homes
A freedom camping advocate says more and more working people are having to live in vehicles due to the cost of living and rising rental prices. Audio
More than 50,000 property investors making losses
Information released under the Official Information Act shows that there were 53,350 taxpayers who reported negative rental income in the 2023 tax year.
Government to temporarily underwrite new housing developments
The Housing Minister says the plan would lower the risk for developers and ensure houses were ready for buyers to enter the market as interest rates drop.
'High risk to life' - Property owners say council must fix land still at risk
Auckland residents whose properties are in danger because of slips on publicly owned land have pleaded their case for a fix funded from council coffers.
More people living in cars, can't afford to rent - advocate
A freedom camping advocate said she's seeing more working people living in cars and vans than ever before because they simply can't afford to rent. Median rental prices have jumped nearly 30 percent… Audio
Titirangi residents say they've fallen through gaps of recovery
Auckland residents whose properties are in danger because of slips on publicly owned land have pleaded their case for a fix funded from council coffers. A group of Titirangi residents say they've… Audio
Ghost houses? 100,000 dwellings reported empty in latest census
But are they really 'ghost houses'?
Home ownership figure in Census surprises Statistics officials
Officials admitted a rise in home ownership was unexpected and they had to double-check the data.