Buyers have more power in 'deep' property downturn, new figures show
REINZ stats show sales were down 27.4% in December compared to November.
AdvertisementAdvertise with NZME.
Latest fromHousing
CV delays: Auckland homeowners endure long wait for new property valuations
The data was initially planned for release late last year.
'Shocked': Kingsland Apartments owners get $36m minimum fix-up bill
Owners of 2-bedroom places get three choices: $350,000, $643,000 or $800,000 fix-up bill.
Rotorua emergency housing motel wind-down: Where will tenants go?
The commissioner highlights ministry 'assumptions' about Rotorua's housing pipeline.
Property Insider: 6 big things likely to dominate 2025
Seascape, Ikea, some big new buildings and a court drama loom.
QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.
Kāinga Ora’s $1.2m Meadowbank apartments sit vacant for months
Kāinga Ora said its been waiting on final building approval from Auckland Council
Auckland’s tallest office, apartment tower planned for downtown carpark site
Details revealed in application approved under new Fast-Track Approvals act.
Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.
Terraced house hellfire: New builds in Akl overheating due to poor design
Construction experts say overheating is difficult to mitigate once a house is built.
'Housing is a human right': Tamariki in Hamilton emergency motels drops from 516 to 165
Households in emergency housing motels dropped from 507 in 2023, to 144 in November 2024.
‘Affordable homes for whānau’: 48-unit Gisborne housing project begins
Rents will be capped at 80% of the market rate to aid whānau.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Devonport $400m intensification plan fast-track application: New apartments, shops, offices
Major intensification plans show the Devonport spots in line for change.
'Opportunities for whānau': Iwi celebrates new affordable homes in Tauranga
Seven new homes blessed in Tauranga, marking a milestone for Ngāti Ranginui.
Mortgage calls: When will borrowers see value in long term rates again?
Some may accept short-term pain for long-term gain.
‘We’re all terrified': Rock thrower has residents on edge
Neighbours say they've been terrorised for months by stones coming through their windows.
'Soft and spongy' deck, roof that 'would lift with the wind': Landlord fined $6k
An inspector said the general state of the house was 'unmaintained' and 'shocking'.
New home consents up in November but down 12% annually
House-building costs only rose 1.1% in 2024, well below 2022′s increases.
Audrey Young: How a Prime Minister helped get me off a criminal conviction
Opinion: Norman Kirk was deeply angered by Denis O'Reilly's comments.
From legal battle to baby joy at 52: Couple who took on GJ Gardner can now move on
'The cloud's lifted. It's the first step in moving on', says Mark Chamberlain.
The NZ city with 2000 ghost homes: 'Hard problem to solve'
Despite the empty homes, the council says it's not a concern.
Cockroaches, mice, rotting floors and mould - my Auckland flatting horror story
Reporter Rachel Maher lays bare the trials and tribulations of her 10 homes in five years.
‘Heartbroken’: Celebrity homes burned down in devastating LA fires
Paris Hilton and Sir Anthony Hopkins are among those grieving the loss of their homes.
State landlord issues 553 warnings for unruly tenant behaviour
Complaint wait times drop to 15 days as Kāinga Ora tackles disruptive tenant behaviour.
Flagship rising: Rodd & Gunn opening Lodge bar, restaurant in Pompallier on Ponsonby
Bar and dining concept at Commercial Bay and Queenstown will be extended to Ponsonby.
One crucial word was missed from NZX announcement: Summerset CEO
A word can change a meaning and that was the case with the NZX statement on Tuesday.
'Expect sub-5% home loan rates'
A broker cites the potential for some mortgage rates to fall in the next month or so.
'Massive accumulation' at Kāinga Ora house
Tenant denied claims his house was a fire risk or pest hotspot.
Hong Kong investor buys 120-lot Hobsonville Point site for $9.2m
Only Singaporeans and Australians can buy our residential property without clearance.
How much house prices dropped in 2024
Since February, values have slowly been drifting down, Corelogic says.
Green Building Council chief plans to bike less, run more
'I'll be camping in Aotearoa’s beautiful great outdoors. Wish us luck and sunny days.'
Opinion: An Auckland where everyone can thrive
Auckland's growth hides deep inequalities, with many lacking food and housing.