![House sales, prices, fall in June](/pf/resources/images/placeholders/placeholder_l.png?d=793)
House sales, prices, fall in June
House sales fell in June from a year earlier, led by properties of $400k or less, indicating the LVR restrictions are curbing demand at the cheaper end of the market.
House sales fell in June from a year earlier, led by properties of $400k or less, indicating the LVR restrictions are curbing demand at the cheaper end of the market.
New Zealand's dollar is the most overstretched in three years, trading patterns suggest, putting in jeopardy its chances of surpassing a record high.
Why has the median house price risen 25% in Auckland in the past two years, yet the median rent for a three-bedroom rental has risen just 6%?
Feel like you're paying a bit more for your veges at the moment? You're not wrong. Latest prices detail the impact winter is having on your seasonal staples.
When we were the world's third wealthiest country in 1953 I was a sport-obsessed adolescent fourth-generation New Zealander living in a virtual paradise.
When I was 16 - that's (ahem) 25 years ago now, right before Japan spiralled into economic stagnation - I stayed a year with a Japanese family as an AFS exchange student.
The New Zealand dollar touched a 13-month high against the euro overnight.
Fonterra and other big players on the international dairy market will need to buy or tie up with more companies to maintain the kind of growth they have enjoyed over the last few years.
Japan's Prime Minister, Shinzo Abe, must have noticed a striking difference between New Zealand and Australia when he visited the countries on consecutive days this week.
Two recent surveys indicate some loss of momentum in the manufacturing sector.
Petfood, honey, a real estate agent, menswear, tea & coffee — you might not know it, but thanks to the Super Fund, you’ve got a stake in them all, reports Lesley Springall.
Construction helped to boost the Auckland economy by 2.6 per cent during the March year but unemployment is still high and wage growth remains stagnant.
Of all the ways of measuring income inequality and poverty the most instructive, surely, are those which take account of housing costs.
A simple Unitary Plan of self-determination is appealing, but land use choices are riddled with unintended consequences, writes Geoff Cooper.
The Reserve Bank has revised up its estimate of the economy's potential or non-inflationary growth rate next year, but it is still shy of the levels prevailing between the mid-90s and mid-2000s.
Entrepreneur Christina Domecq launched her latest business, Ora, at an event last night that included an address from Economic Development Minister Steven Joyce.
There were no hints of intervention in the foreign exchange market by the Reserve Bank yesterday despite the New Zealand dollar coming within striking distance of its highest point against the US dollar since floating in 1985.
The New Zealand dollar is within striking distance of its post-float high against the US dollar and may surpass it, says an analyst.
New Zealand core retail spending on debit and credit cards fell in June for the first time in four months.
Business confidence has fallen in the New Zealand Institute of Economic Research's latest quarterly survey of business opinion, flagging a moderation in the pace of economic growth.