Auckland property: 44% of apartments sell for loss
Some owners may just be prepared to take a loss, but long-term gains still likely.
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Italy doubles tax for wealthy foreigners
Financial Times: 'Flat tax for the billionaires' launched to address house price concerns.
Du Val investor worried after interim receivership
'It’s been nearly two years since I’ve been paid anything.' - Du Val investor
Fletcher's Iplex: leaky pipe class action launched in Australia
Around 30,000 homes in Perth are thought to be involved.
Granny flats proposal will not address housing market failures, council says
Removing or reducing consent requirements would have minimal impact on costs.
'Rent will continue' - Du Val to worried apartment landlord
Around 500 people live in the high-rise.
'It would take out 20% of sales': what many Catalina Bay apartment buyers want
One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.
Simon Wilson: Nats conference hugs and kisses, silly statements and plan for better maths
OPINION: It was happy days for National over the weekend but is the party subtly changing?
'What I learned': Why Ben Wilson converted offices to apartments
Several CBD office buildings in Auckland have been converted into apartments, hotels.
First look inside $120m Catalina Bay Apartments
Residents start moving next month into the new twin-block waterfront residences. Video / Jason Oxenham
Du Val Group in receivership: Why the FMA and police swooped, and what next?
One increasingly worried subcontractor complained of being owed around $500,000.
Mortgage war? Banks competing hard to win customers
Some rates have eased in anticipation of the Reserve Bank lowering the official cash rate.
'Transformational': Shared home ownership scheme could save families up to $170k
'They end up having a lot more cash each month as a family.'
Market slump: House prices fall for fifth month in a row, are interest rate cuts imminent?
Market talk suggest interest rates will soon come down. But will it drive up house prices?
Middlebrook Rd tagged for proposed social housing subdivision
Construction is currently under way at the site to develop an access road.
New home consents fall to levels last seen five years ago
Consents for building new homes were down 24% annually.
Māori women at risk of abuse caused by poor housing and poverty
A new report links sexual and family violence to poor housing and poverty.
Landlord ordered to pay tenant $30k
Renting an old property out cheaply doesn't excuse landlords from ensuring it's habitable.
Crushing 4% rental yield gap largest in 15 years – but many investors undeterred
'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'
ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.
‘Disaster after disaster’: Man forced to pay for home he abandoned
Two men have been locked in court against the landowner of leasehold homes.
Tourism operators buy hotels to house workers as housing crisis hits hard
Queenstown housing issues continue, as businesses supply their own worker accommodation.
Property Insider: Auckland a Yimby city; art in new hotel; Mt Roskill's Soho Hotel opens
'Auckland... has become a test case for housing deregulation,' the Economist says.
Dunedin millionaire donates $25 million to aid first-time home buyers
Roger Fewtrell’s goal is to provide up to 250 first-time buyers with around $100,000 each.
Container-like Kāinga Ora apartment builds: Why little's changed in 3 months
Ranolf St and Malfroy Rd development shocked residents in March - when will it be done?
Value for money? Kāinga Ora spent $20m – now land sits vacant, housing plans scrapped
The sale was the subject of a protected disclosure that resulted in a confidential payout.
Fran O'Sullivan: Are Govt appointments a poisoned chalice for directors?
OPINION: Is taking on a Government appointment worth the risk?
A 'crackhead…rampage': Govt applies to extend 7 Rotorua emergency housing motels
Consent sought for 7 contracted emergency motels to continue a further year.
Homeowner sues Auckland Council for $18m+ over flooding, stormwater issues
The property flooded twice in 2023 - in Auckland Anniversary weekend's storms and in May.
Mortgage wars: Major NZ bank undercuts rivals by lowering home loan rates again
The bank has cut its home loan rates for the second time in three weeks.
Abuse in Care report and could Darleen Tana be forced out? | Focus Morning Bulletin July 24, 2024
In today's headlines with Susie Nordqvist, a big day for survivors of abuse in this country and Greens looking at whether to force Darleen Tana out. Video / NZ Herald
Auckland landlord's sub-letting scheme ends with $14,000 fine, banning order
Auckland landlord was advised to get her act together but chose not to, tribunal says.
Praise for Joe Biden and Health NZ's big spending spree | Focus Morning Bulletin July 23, 2024
In today's headlines with Susie Nordqvist, Kamala Harris' first public appearance since Joe Biden quit the presidential race and Health NZ overspending by millions each month.
Do you really get a bargain on a mortgagee sale?
More than 20,000 home loans were 'past due' but how many are actually for sale?