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![Bumper May for property sales, prices lift](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Bumper May for property sales, prices lift
Good deals on mortgages and a rush to complete sales before winter have combined to make a good May for the property market, with sales surging and prices up.
![Auckland property prices up 2.5pc in May](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Auckland property prices up 2.5pc in May
Barfoot and Thompson has reported the busiest May for the Auckland real estate market in seven years, with prices up 2.5 per cent from April .
![Waiheke Island multi-million dollar home for sale](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Waiheke Island multi-million dollar home for sale
The 13.9 hectare multi-million dollar home for sale at Te Rere Cove, Church Bay, Waiheke Island.
![Bernard Hickey: Trim debt load with the savings we make for you](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Bernard Hickey: Trim debt load with the savings we make for you
Reserve Bank figures show household debt, which is 94 per cent mortgages, is still 141.7 per cent of disposable income.
![Diana Clement: Can-do attitude needed to save for house](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Diana Clement: Can-do attitude needed to save for house
The difference between those people who get on and get ahead isn't always rich parents who paid for a good education or house deposit.
![Affordable homes, but it won't last](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Affordable homes, but it won't last
Experts back claim that New Zealand houses are affordable again - but warn the sweet spot won't last.