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The Government’s bill banning foreigners from buying New Zealand homes is now set to become law in weeks after passing its third reading in the House on Wednesday.
Property prices in New Zealand have reached a new record high, up on average by $27,000 a year to $562,000, a rise of 5%, and sales also rose, the latest monthly index shows.
New Zealand's government has softened its stance on foreign ownership of homes, rewriting a proposed law banning non-residents from investing in housing.
Architects and designers like Tom Givone, who was recently interviewed in Architectural Digest, are tasked with creating inspiring spaces every day.
New Zealand lawmakers have begun considering new regulations aimed at closely monitoring overseas property buyers.
With Queenstown experiencing the strongest three months of residential property sales since 2007, New Zealand Sotheby’s International Realty launched its Luxury Rental Homes division in November 2012 ...