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New rights for leaky-home owners

NZ Herald, Wed 22 Aug 07 5:00 AM

Leaky home owners now have the ability to sue for general damages enshrined in law, after Parliament yesterday passed new laws covering water-damaged homes. Politicians and lawyers had always assumed existing laws covering leaky...

Forced building cover mooted

NZ Herald, Tue 21 Aug 07 5:00 AM

Compulsory building insurance is being investigated by the Government as a way to help leaky-home owners get action more quickly than now. Building and Construction Minister Clayton Cosgrove yesterday confirmed he had been looking...

Buyers cautious as property prices appear to stabilise

NZ Herald, Mon 13 Aug 07 5:00 AM

Property prices in the main urban areas are stabilising, while some provincial cities continue to have strong growth. Quotable Value (QV) figures released last night showed an average 12.7 per cent growth in national property values...

Auckland still star of property market

NZ Herald, Sat 11 Aug 07 5:00 AM

Auckland suburban house values are still in a strong phase, with prices in many areas rising. Winter was this week blamed for the country's national median sale price dropping from $347,500 to $345,000, well off the year's record...

House prices drop as interest rate rises bite

NZ Herald, Fri 10 Aug 07 5:00 AM

House prices have dropped sharply and people are taking longer to sell in what appears to be the first sign that rising interest rates are biting. The Real Estate Institute yesterday released home sale data from almost 20,000 agents...