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The Real Estate Institute of New Zealand (REINZ) says a slight upswing in house sales during July could be an early signal of growth in the market. The number of homes sold across the country was up 2.5 per cent in July, compared with the same time last year, going from 4120 to 4224. The regions with the greatest increase were Nelson (25 per cent), Gisborne (14.9 per cent), Canterbu...
Earlier this month, the Ministry of Business, Innovation and Employment (MBIE) estimated up to 100,000 properties did not meet the standards. Despite shortages and insulation providers struggling to meet demand MBIE has said it will not be granting extensions. With those breaching the rules facing thousands of dollars in fines, the Real Estate Institute has been encouraging property managers ...
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