Housing

Nature groups were engaged throughout the planning process

Headline house price balance was little changed at -33%

[WELLINGTON] New Zealand’s flood-prone homes are outperforming the rest of the country’s moribund housing market, as buyers chase lower prices and shrug off climate risks.

Verifying sources of wealth and funds not required for most homebuyers, says the housing regulator

Buyers may be acting aggressively when considering purchases of uncompleted homes with a progressive payment scheme available, compared to resale units

The move is a bid to secure a voter identification law he sees as a bigger priority

Renewed price weakness threatens to further erode consumer sentiment

Construction spending rose 0.1% after a downwardly revised 0.3% increase in April

Sydney and Melbourne lead the monthly decline with drops of 1.2% and 1%, respectively