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As of 2019, the average house price in New Zealand exceeded NZ$700,000, with average prices in the country's largest city, Auckland, exceeding $1,000,000 in numerous suburbs. The ratio between median house price and median annual household income increased from just over 3.0 in January 2002 to 6.27 in March 2017, with Auckland's figures 4.0 to ...
When records began in 1974, new homes in New Zealand had an average floor area of 120 m 2 (1,290 sq ft). Average new home sizes rose to peak at 200 m 2 (2,150 sq ft) in 2010, before falling to 158 m 2 (1,700 sq ft) in 2019. [17] In 1966 the New Zealand Encyclopedia recognised seven basic designs of New Zealand houses.
State housing is a system of public housing in New Zealand, offering low-cost rental housing to residents on low to moderate incomes. Some 69,000 state houses are managed by Kāinga Ora – Homes and Communities, [1] most of which are owned by the Crown. In excess of 31,000 former state houses exist, [2] which are now privately owned after ...
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According to Quotable Value, residential house prices across New Zealand increased 34.2% between June 2014 and June 2017, from an average of $476,000 to an average of $639,000. In the Auckland metro area, the increase was 45.5% in the same period, from $718,000 to $1,045,000.
25 September: Rev Marsden plants 100 vines, the first grapes grown in New Zealand. 4 November: Chiefs Hongi Hika and Rewa sell 13,000 acres (5260 hectares) at Kerikeri to the Church Missionary Society for 48 felling axes. 1820. 3 May: At Kerikeri, Reverend John Butler uses a plough for the first time in the country.
Premier House (Māori: Te Whare Pirimia) is the official residence of the prime minister of New Zealand, located at 260 Tinakori Road, Thorndon, Wellington, New Zealand.. A private house purchased for the prime minister's official residence when government shifted its base to Wellington in 1865, it was first greatly expanded and then, as its wooden structure deteriorated, shunned in the 1930s ...
A House Price Index used to be produced by the Department for the Environment. Private sector house price indices. The Nationwide House Price Index and Halifax House Price Index use Hedonic regression (also known as the characteristics based method) using their own datasets compiled from their mortgage lending. These indices have a longer time ...