Auckland needs more homes and fast so the number of building consents per month is rising. However the dilemma for Auckland is a lack of qualified developers and skilled workmen. Currently up to 40 percent of all building inspections on new building sites are failing and it’s due to shoddy workmanship. Continue reading
New Zealand now has a city that’s on the radar of many global brands. Apple, Tiffany, Marks & Spencer are just a few brands interested in a presence in Auckland. Continue reading
Finance Minister Bill English confirmed more resources may be made available to the IRD to target Property Speculators. If there is an announcement it will more than likely be made in the May 15 Budget. Continue reading
While New Zealand is experiencing a property market boom, the RBNZ Governor Graeme Wheeler says it’s different to what we experienced back in 2006-7.
House price values have sky rocketed in Auckland of the past year and it’s created a lot more million dollar suburbs. Continue reading
First Home Buyers are getting on the property ladder by purchasing a new home in a new property development. Purchasing a new build home is easier now for first home buyers and they are doing it with deposits as little as five percent. Continue reading
Auckland’s apartment market is benefiting from rising property values throughout the region and it’s investors who are benefiting the most. Continue reading
What’s all the fuss about some may ask – so the property values have risen a lot over the past three years what’s the harm in that?
Auckland needs 30,000 homes to meet current demand – with this shortage comes increasing competition for any property on the market for sale. Continue reading
The good news is up to 40,000 new homes can be built on land approved for development in Auckland. The not so good news is there’s no guarantee when the homes will be built! Continue reading
Investing in Property is often the preferred first step onto the property ladder.
While there are a lot of incentives for first home buyers in New Zealand – owning an investment property (IP) probably has more advantages right now over owning a PPOR (principal place of residence). Continue reading
New homes are needed fast in the Auckland region and there are other regions around the country also in need of more new homes. The ‘handbrake’ on fast tracking housing development is often in the funding of and implementation of the pre-requisite services infrastructure. Continue reading