Stats NZ data showed 34,882 residential consents issued in the year ended September, up 3.6 percent from the previous year.

The national median value is now $811,662, but the median sale price for the third recent quarter was $761,000, indicating that more homes in the lower price brackets are changing hands. Cotality ...

New Zealand building approvals neared a three-year high in the third quarter, adding to signs of optimism in the construction industry that could underpin an economic recovery.

Property values are expected to increase by 0.5% to 1% year-on-year in the fourth quarter, followed by a stronger 5% rise in ...

New Zealand’s housing market, which saw explosive growth during the Covid-19 pandemic, has now experienced one of the largest price declines in the world. This dramatic shift has significantly ...

WELLINGTON, New Zealand (AP) — New Zealand will drastically ease zoning restrictions in a bid to “flood the market” with land for homes and override the powers of local councils to curb development, ...

New Zealand’s housing market has entered its next phase of growth as lower interest rates begin to stoke demand and drive up prices, according to property agency CoreLogic. Prices rose 0.5% in March, ...