Real Estate News

REINZ calls for greater clarification on meth testing levels as confusion causes chaos

REINZ has called for greater clarification from the Government on the acceptable meth testing levels for properties, as confusion between the ‘Ministry of Health/New Zealand Standard’ 1.5 µg/100 cm2 level and the ‘Gluckman Report’ level of 15.0 µg/100 cm2 continues to cause chaos for real estate agents, property managers and landlords.

Highest number of properties sold in a February month in 14 years

The number of residential properties sold in February across New Zealand increased by 14.6% when compared to the same time last year (from 6,951 to 7,964) – the highest for the month of February in 14 years, according to the latest data from the Real Estate Institute of New Zealand (REINZ), source of the most complete and accurate real estate data in New Zealand.

Falling Prices? Don't believe the hype

What's happening to the national average house price has never been more irrelevant.

Fixed on Change. Why Tenancy Reform will Benefit New Zealand

I have to agree with David Faulkner in his article below. The majority of the upcoming changes to the Residential Tenancies Act, the Healthy Homes Legislation and the requirements for heating and ventilation are all well overdue in our rental market.

New rules proposed to bring rental homes up to adequate health standards

It is good to see the new government continuing on with the gradual but long-overdue upgrade of NZ's rental stock.

Chlorine suspected in Christchurch hot water cylinder failures

A retired scientist took the time to email us and explain that the hard water extracted from the ground in Christchurch has not been kind to particular kinds of copper, especially some sourced from Australia.

Hot Water Cylinders Causing Chaos

If anyone has a property that has a cylinder around the age of 25 years or more, it is possible or even likely that the new chlorination regime will assist it to leak earlier than its natural life.

A tiny home solves two very different housing problems

Here's a wonderful solution to the housing affordability problem. Our team member, Karen, has been buzzing at the prospect of her new home and has had us all very enthusiastically following her progress in this build.