We get asked a lot of questions about the Unitary Plan, and the main one is this: When will it come into effect? Unfortunately, nobody has an official date, but the current prediction is mid-2016. I wouldn’t bank on it, though. On any project with this many people involved complications will crop up; I wouldn’t … Continue reading What’s happening with the Auckland Unitary Plan?
The cost of construction materials is rising up to 10 per cent for some products due to strong demand. Clients of building materials and product supplier Carters in Auckland have received letters from the firm’s national office in East Tamaki’s Harris Rd telling them of the increases. “We have been advised by Carter Holt Harvey … Continue reading Demand hikes price of building materials
Auckland’s median house surged to $933,264 at 31 December 2015. All sub-region did well as shown in the infographic map below. However South and West Auckland (Waitakere) were particularly strong. This is great for the over 300 buildings the FUZO Property Group has completed for our clients in South and West Auckland going back to 2003. CoreLogic’s infographic shows the excellent growth in Auckland’s sub-regions in this FUZO Property informative property blog.
Government changes impact property investors. They can alter the supply and demand dynamic. The Reserve Bank of NZ made a few changes and the Government imposed the rest.