Nelson-Tasman's housing market 'frenzy' | Close to HomeMARION VAN DIJK New development underway at the end of Princes Dr, looking towards Enner Glynn in Nelson. New Zealand is said to be in the midst of a housing crisis, but what does this mean for the Nelson-Tasman region? Jonathan Carson reports on a property market under pressure to launch the Close to Home project. Rocketing prices, a shortage of stock, and soaring demand have whipped the Nelson-Tasman housing market into a frenzy, experts say. Real Estate agents have described the region's property market as "ballistic", "nuts", "uncomfortable" and a "perfect storm".

Source: Stuff August 15, 2016 01:41 UTC