Property Report: So you want to live in... Beach Haven
A former market garden and holiday area offers coastal, community-oriented living at a reasonable price.
A former market garden and holiday area offers coastal, community-oriented living at a reasonable price.
In Auckland, you'll need $40,000 or so as a deposit to scrape into some suburbs at entry level.
The world has just experienced its greatest financial crisis since the 1930s, with international credit availability all but ceasing for a period late in 2008.
Investors in property-related finance companies were like lambs to the slaughter.
Auckland's largest real estate company says average sale prices for February were up by 3.2 per cent.
The number of new properties on the market surged in February but with buyers "cagey", the number of unsold houses has ballooned.
Housing confidence is on the rise in Auckland, while a new survey is showing growing uncertainty about tax changes and rising interest rates.
Blue Chip co-founder Mark Bryers admits failing to keep accounting records in the lead-up to the collapse of his property empire.
The dream of first home ownership will be made easier by Prime Minister John Key's likely tax reforms, economists said today.
The status quo for property investors cannot be sustained, Tax Working Group member John Shewan says.
The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key's speech yesterday, but he is wary of what is to come.
The Auckland housing market slowed sharply in January with house prices and sales both well down.
The NZ property market continues to be 'dormant', according to a monthly real estate industry report.