Browsing: Housing

Housing
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Housing New Zealand has won the inaugural CoreNet Global Proactive Property award run by the New Zealand chapter of CoreNet, the non-profit corporate real estate association Housing New Zealand’s Asset Development General Manager Patrick Dougherty says he was pleased the organisation was receiving national recognition for the design and delivery of state housing. Continue →
Housing
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If the government wants to get anywhere close to delivering 100,000 homes in a decade, its primary focus should be encouraging the private sector to get the job done, rather than building significant numbers of houses itself, reckons James Kellow New Zealand Mortgages & Securities has more than $100m to invest and it is eager to support the government’s highly anticipated KiwiBuild programme. Continue →
Housing
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Thirty top architecture, engineering and construction management students, one brief and just three days to design a Wellington-centric housing complex for all generations These were the ingredients for this week’s ArchEngBuild 2018 Challenge held at Victoria University of Wellington and the result was some truly future-thinking medium-density housing designs for the capital city. Continue →
Housing
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An Australian developer has come up with an innovative idea that could help ease New Zealand’s chronic housing shortage Impeded by an uninviting property tax landscape, the build-to-rent sector has been stagnant in Australia despite the increasing viability of the model as home ownership rates continue to plunge. Continue →
Construction
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With New Zealand open to pre-engineered housing and construction from off shore, developers and those thinking of entering the market from a New Zealand base may be interested the latest market report by leading global technology research and advisory company Technavio The global pre-engineered building market is expected to register a CAGR of around 8% during the period 2018-2022. Continue →
Development
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The government’s plans to boost the rate of housing development are commendable but the practicalities remain problematic, say Colliers International property experts 123rf The Labour-led coalition’s first formal Budget included an appropriation of $493 million towards the previously announced $2 billion KiwiBuild programme. Continue →
Construction
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Tender documents for the KiwiBuild ‘Buying off the Plans’ initiative – whereby the government will underwrite or purchase new homes the private sector and others are developing – have been released The government has committed $2 billion for KiwiBuild, an ambitious programme that aims to deliver 100,000 affordable, quality homes for first home buyers over the next decade, 50,000 of which will be in Auckland. Continue →
Housing
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The median house price for New Zealand rose 6.9% in February to $530,000 up from $496,000 in February 2017 according to the latest data from the Real Estate Institute of New Zealand (REINZ) The median house price for New Zealand excluding Auckland rose even higher, seeing an 8.4% increase to $450,000 from the same time last year. Continue →