
Auckland housing hit by listings drought
Auckland homeowners are finding themselves unable to sell, because they can't find another place to buy due to a listings drought.
Auckland homeowners are finding themselves unable to sell, because they can't find another place to buy due to a listings drought.
Auckland house values rose at almost twice the rate of the rest of New Zealand, up 9.8 per cent or $68,309 in the last year.
Bigger is better? Not when it comes to the price we're putting on selling smaller homes, according to new figures out from Trade Me.
The Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.
The NZ dollar has hit a fresh post-float high against the Aussie dollar - touching 96.22 Australian cents. Why is it doing so well?
New figures show Auckland property sales were the biggest in December for a decade - but it seems there's now a severe dearth of listings.
Russia took its biggest step yet to shore up the ruble and defuse the currency crisis threatening its stricken economy.
Economic growth is expected to average a historically high annual rate of 2.8 per cent over the next five years.