Property

Southland’s property market has reached new heights, with average asking prices hitting a record $564,291 in May. According to realestate.co.nz’s latest data, that’s a 6.5% jump compared to the same time last year — the highest recorded since the platform began tracking prices 18

Independent economist Tony Alexander is back with the latest on the property market, interest rates, and the state of investment property. Why are the South Island’s private debt levels looking lower than the North? What happened to the housing market recovery that some anticipated late last year? Why does

Six new homes will provide warm and dry housing for vulnerable elderly residents Council continues housing improvement plan with focus on sustainability and accessibility Construction follows community support and $7.7 million funding for future housing upgrades A new stage of Invercargill City Council’s Housing Innovation Project is now

* Property listings have grown in Invercargill and Southland, reflecting strong buyer interest. * Buyers are moving quickly as Southland’s rate of sale is faster than national average. * Low mortgage rates are encouraging first-home buyers and creating more movement across the market. Invercargill and Southland are seeing a noticeable lift in

* New scheme will let trusted builders and plumbers sign off their own simple work * Faster inspection targets aim to reduce costly delays for building projects across New Zealand * Changes expected to deliver thousands of homes annually without lengthy approval bottlenecks The Government has announced major changes to speed up home

• Government will allow larger granny flats to be built without resource or building consents • Rule change aims to reduce red tape, lower costs, and support multigenerational family living • Reforms to land acquisition and building materials access also introduced to boost housing supply The Government is making it easier for New

* New legislation aims to reduce red tape and boost development across the country * Two new Acts will focus on land use and environmental protection, replacing the current RMA * Cabinet estimates show reforms will cut compliance costs by nearly half compared to current system The Government has confirmed it will replace

* Complaints about disruptive behaviour now handled in around 13 days (down from around 60 days a year ago) * 553 Section 55A notices issued by Kāinga Ora since July 2024, up from 41 issued during the same period in the previous year. * Of that 553, first notices made up around 83