Housing

A year on, much of the city is back to normal, but there are still those struggling in the wake of the floods, still unable to return to their homes.

Property Investors Federation says rates and insurance increases meant landlords had no choice but to pass on costs to their tenants.

First home buyers made about 17,000 property purchases last year, compared with 14,500 purchases in 2022.

Rapid population growth in some North Canterbury towns could lead to future housing shortages, a new report warns.

Rents have reached an all-time high, while Bay of Plenty has become the country's priciest area for tenants, new figures show.

The rate of inflation is rapidly declining, but factors like bad weather and high insurance costs will continue to be a stress point, an economist says. Audio

The Reserve Bank says the controls will better manage the risk of boom and bust in the finance system.

People who did not need to sell property in 2023, did not - but prices fell anyway.

Chris Bishop has written to the board to say he expects homes not to be left vacant longer than absolutely needed.

A third housing report in as many days shows the market slowed to a crawl in December, but the real estate industry is upbeat about demand ahead of government policy changes.

Average prices in Queenstown are now sitting at a new peak of about $1.77 million.

But some markets are still doing better than others, a QV report shows.

He installed a camera after a washing machine delivered to his home was stolen, but his problems were just beginning.

Their landlord refuses to help after their home was red stickered because his contractors dug up a retaining wall for his development.

Hundreds of public homes, some dating back to the first wave of state housing, are being renovated at record numbers.