The NZ Herald has published its annual list of the most significant developments in New Zealand’s property market.
It ranks the most exciting new developments in Auckland, Auckland Central and Waikato, as well as the most affordable.
New Zealanders will have a better view of the best developments from their balconies.
It shows $10.9 billion of new construction projects, $7.1 billion of upgrades and $2.8 billion in retail and other residential developments, including new townhouses, apartments and condominiums.
The New Zealand Post said that in total, the New Zealand newspaper made a total of $8.5 billion of purchases of properties this year.
The news comes as the National Housing Federation said the government was not in a position to release data on rental prices for Auckland apartments, as it is required by the Housing Act to do so.
“The NHA will release housing affordability data once the government gives it the go-ahead,” NHA executive director Paul Stirling said.
The government said that the release of data would enable people to make informed decisions about housing.
“We can’t be doing this without the public, and they can’t have their data released without the data coming through.”
However, NHA president Andrew Gillan said the agency was not obliged to release rental prices to the media, but that it was “in the public interest” to do this.
He said the NHA was “deeply concerned” about the “inadequate and inadequate” rental market.
“It’s not the sort of thing that’s going to have a significant impact on the affordability of houses.”
Auckland’s market is set to be one of the biggest in the country next year.