Top economists are warning potential home buyers to proceed with caution as another bank drops its variable mortgage rate to the lowest in 40 years.

A mortgage broker is one of three men allegedly involved in a massive mortgage and property price scam.

A high-profile criminal is accused of master-minding mortgage frauds described as NZ's most complicated, costly and cunning.

ASB's floating home mortgage rate is the cheapest on the market and is thought to be the lowest available to home buyers for decades.

Auckland has enjoyed a huge boom in real estate sales over the past 12 months, says Barfoot & Thompson.

SFO alleges deception involved inflating the purchase price of property.

The biggest problem the tax system faces is that in a globalised era we are taxing all the wrong things.

Real estate figures for July show small price rises and a five per cent jump in the number of sales.

Auckland house prices will rise by almost 30pc in the next three years putting the city ahead of every other region, a study predicts.

House prices will rise by 24pc over the next three years due to low interest rates and a shortage of new housing, report predicts.

First-time homebuyers are being told to set aside suburb snobbery if they want to get on to the property ladder.

For the first time in 18 months, more people think NZ house prices will rise than those expecting a fall, says ASB Bank.

Auckland's biggest real estate firm says the average sale price rose $10,000 in July on the same month last year and look set to stabilise.