Articles tagged Property

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New Zealand house sales rose 6.6 percent in April, the biggest year-on-year increase in 23 months, as ongoing demand coupled with tighter inventory saw prices increase in 14 of 16 regions. Prices outside of Auckland have risen almost 50 percent in the last two and a half years.

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BNZ's consumer trends survey showed little improvement in consumer spending intentions in October and a rise in house price inflation expectations to a record high, while ANZ's Property Investors' survey found 92% expected property values to rise over the next year. Statistics NZ said population growth meant an extra North Island electorate would have to be created at the expense of a list MP.