Market conditions are constraining prospects for rental growth in Kiwi Income Property Trust's (KIPT) retail portfolio.

Auckland house prices will rise by almost 30pc in the next three years putting the city ahead of every other region, a study predicts.

House prices will rise by 24pc over the next three years due to low interest rates and a shortage of new housing, report predicts.

After a tumultuous 18 months, the real estate market seems to be shaking off some of its malaise.