Auckland Townhouse Development in Flood-Prone Area Sparks Outrage   Auckland, January 27 – Following record-breaking rainfall due to climate change, the Onehunga area in Auckland was inundated by a devastating flood. Now, a new townhouse development plan in this area has sparked controversy among local residents and potential buyers. Residents claim that this development is…

New Zealand Housing Market: Decreased Concerns of Decline and Shifting Buyer Sentiments   In the midst of heated discussions about the optimal time to enter the New Zealand real estate market, the latest ASB Housing Confidence Survey indicates a shift in expectations. Only 8% of respondents anticipate a continuous decline in housing prices, marking a…

Confidence in housing market up, ASB survey shows   Confidence in the housing market is perking up, with more people believing house prices are now past their lows and are set to increase, according to a new ASB survey. The bank’s just-released housing confidence survey shows 8 percent of the 2900 respondents expected house prices…

Trade Me Reports Ongoing Increase in Weekly Rental Rates in New Zealand   According to Trade Me, over the past year, weekly rental median values have risen by over 10% in six regions of New Zealand. The latest rental data reveals that in September, the nationwide weekly rental median remained at $620 for the fourth…