Home-building trend remains soft, new house consents fall 22%
High interest rates and increased costs drive softness in the new home consent data.
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Latest fromHouse Building
Exploding liability: Fletcher paying $168m for Perth pipe disaster
Iplex will pay 80%, Western Australian Government to pay 20% to help homeowner victims.
NZ’s tallest apartments: Agents head to London to sell ‘paused’ units to wealthy Kiwis
Despite a construction pause, Seascape's luxury apartments are still on the market.
Du Val Group: High Court to decide if interim receivership documents can be made public
Judge prepares to hear arguments in Hamilton on Monday.
'Stabilising investment property market' - giant landlord Precinct reports result
Company is progressing further growth in the apartment sector.
Investigations into horror crash, Oasis are back | Focus Morning Bulletin August 28
In today's headlines with Wilhelmina Shrimpton, investigations into horror crash continue, Wellington looking at beam e-scooter issues and Oasis are back together.
Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof
Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.
'NZ's biggest Asian supermarket' opening at Westgate
New store is near the giant American-owned Costco Wholesale on Gunton Dr.
Double awards for Northland builder 'good news' in tough times
Homes in Russell and Langs Beach won awards for Oliver Tuck Construction.
'Suspended' - building work on NZ's tallest apartment tower
Dispute between China Construction and developer Shundi Customs: Work suspended.
Du Val Group: Andrew Bayly quizzed over statutory management
Complexity and scale meant immediate government intervention was required - Bayly.
Fletcher Building gives warning on 2025 'challenging' year
'We expect it will take time to see the flow-through to consenting and actual work.'
$227m loss: Fletcher delivers disappointing result
Losses from Higgins, intense competition, poor trading conditions feature in huge loss.
When will we know more about Du Val's interim receivership?
Report went in last Friday, PwC says. Nothing has been released in public yet.
'Outstanding' builds from Waikato make House of the Year list
The Top 100 homes will now undergo a second round of judging.
Will the Du Val founders' reality TV show ever hit our screens?
Du Val show might air overseas initially, producer says.
Editorial: Houdini couldn't make that many families disappear from the emergency housing list
OPINION: The Govt says there are 32% less households living in motels.
Three-home development looks like one from the outside
The owner of the G.J. Gardner Manukau franchise, which includes the isthmus, tells how a showhome at 45 Campbell Rd is a new take on medium-density development. Video / Jason O
Property Insider: Fletcher Construction ‘restructures’ teams, Williams Corporation boss on investor returns
'Investors with us for years, they get paid quarterly. We’ve never missed a payment.'
'Surprise, intrigue' at three-home building which appears as one
Could this be a new prototype for terraced housing on medium-density Auckland sites?
Retirement giant wins fast-track consent for 13-level block at $500m village
Building to rise in Parnell after a joint venture between developer and charitable entity.
Māori housing advocacy group want to know MSD's strategy
Te Matapihi says it fears for vulnerable communities.
Interactive: House prices in Wellington school zones
See how much it costs to rent or buy a house across all the school zones in the city.
$300m Auckland skyscraper: Construction work 'paused' indefinitely
Auckland Council is 'aware that work is currently paused on the Seascape development'.
Owners of Du Val-managed Lakewood Plaza units pay millions after water mains burst
'Millions of dollars in repairs, ridiculously expensive': owner paying $30,000.
Du Val investor worried after interim receivership
'It’s been nearly two years since I’ve been paid anything.' - Du Val investor
Fletcher's Iplex: leaky pipe class action launched in Australia
Around 30,000 homes in Perth are thought to be involved.
'Rent will continue' - Du Val to worried apartment landlord
Around 500 people live in the high-rise.
'It would take out 20% of sales': what many Catalina Bay apartment buyers want
One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.
'What I learned': Why Ben Wilson converted offices to apartments
Several CBD office buildings in Auckland have been converted into apartments, hotels.
Interactive reveals house prices by school zones in Christchurch
We've calculated how much it costs to buy a house by school zone across the city.
Du Val Group in receivership: Why the FMA and police swooped, and what next?
One increasingly worried subcontractor complained of being owed around $500,000.
'Transformational': Shared home ownership scheme could save families up to $170k
'They end up having a lot more cash each month as a family.'
Market slump: House prices fall for fifth month in a row, are interest rate cuts imminent?
Market talk suggest interest rates will soon come down. But will it drive up house prices?