
Property values now 5pc below 2007
Property values across NZ have fallen 1.4pc since March, with big city valuers reporting a lack of well presented, quality properties on the market.
Property values across NZ have fallen 1.4pc since March, with big city valuers reporting a lack of well presented, quality properties on the market.
Auckland house prices rebounded during September, after falling the month earlier, figures released by Barfoot and Thompson show.
Auckland and Queenstown have again been confirmed as having the most unaffordable housing for locals.
Nearly half a billion dollars of overseas funds has left the investment property market in New Zealand since 2008, says new research.
Auckland property developer David Henderson is seeking approval for a plan to pay his creditors in a bid to avert bankruptcy.
A common tactic used to lure buyers is causing longer sales cycles and more misery for owners, new research suggests.
Struggling Allied Farmers says it has settled the about $27m sale of stage two of Queenstown's Five Mile property development early.
Property values in NZ have continued to decline gradually over the past few months as market sentiment remains cautious, according to the August report by QV.
House prices in Auckland fell during August as the number of properties being listed continues to stall.
Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership.
A real estate agent who tampered with a sale and purchase agreement to increase her stake in a commission split has been fined.
The number of new listings fell for the fifth straight month last month, fuelling talk of a looming property shortage in our biggest city.