Housing

The pending home sales index tumbled 5.4% last month to 72.5

An index of overall market condition has remained below 40 for 15 straight months

Developers sell 156 units with no new launches in the month

These buildings were among 86 that were assessed in a heritage study ahead of the redevelopment of the former military site for 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