The board and investors in NZX-listed Goodman Property Trust struck an upbeat note at yesterday's annual meeting in Auckland.

My partner and I have been living in Australia since the start of the year because we can save more here than we could ever in New Zealand for a house.

Luxury retailer Saks has agreed to sell itself to Hudson's Bay Co, the Canadian parent of upscale retailer Lord & Taylor, for about US$2.4 billion.

Plans by the Labour Party to exclude foreign buyers from the housing market have sparked more calls for restrictions and warnings about the risk of damaging the country's relationships with its major trading partners.

It's risky policy for a liberal, left-of-centre party because it leaves them open to accusations of xenophobia, writes Liam Dann.

Jamie Peters salvaged property from his "crumbling" businesses, secured hundreds of thousands of dollars for his family and managed his bankruptcy on his own terms, the High Court has been told.

A former rich-lister is back at the High Court today, fighting to be discharged from bankruptcy - one of 24 the Official Assignee has objected to releasing.

A Bankrupt Kiwi property developer is still living in a 660sq m Las Vegas home despite defaulting on its $2.8 million mortgage four years ago.

The housing crisis in areas like Auckland is not a by-product of migrants buying up residential properties, Immigration Minister Michael Woodhouse says.

The Reserve Bank has announced it will lift the ratio of deposits to loans in order to take the heat out of the housing market, writes Gareth Morgan.

Australians are contributing to New Zealand's skyrocketing house prices, with new research showing they bought more property than any other overseas group.

There is no good reason for Jamie Peters' bankruptcy to be extended as he faces Official Assignee claims he still has control of significant assets.

Ex-rich-lister Jamie Peters entered into a finance agreement on a luxury car at a time when he was unable to pay debts when they fell due, the High Court heard today.

Almost $650,000 from the sale of a boat that Jamie Peters had personally used ended up in a bank account which the ex-rich-lister accessed during his bankruptcy.

If house prices start rising faster, it can require lenders to reduce the proportion of the property value they are prepared to lend, writes David Mayes.

A Metropolis penthouse owner paying $28,000 a year in body corporate fees has put his place on the market for $3.5 million.

Residents in Auckland five-star tower Metropolis are paying $3.25 million in annual body corporate fees but a further $4 million is needed from them for a big repair job.

A rural village in West Auckland is set for a boost of 330 new homes.

Asian business migrants looking at moving to New Zealand are being urged to invest in real estate to secure their residency.

Owners of apartments in Auckland's five-star Metropolis tower are pitted against one another in battles which have ranged from cat-keeping to who sits on the body corporate.

A resident of New Zealand's tallest apartment tower has lost a bid to injunct body corporate members.

Against a backdrop of rising share prices and a booming Auckland housing market, investor confidence reached its highest level.

Standard & Poor's, the global credit rating agency, has put eight local banks on notice over the rising risk of a housing bubble bursting in New Zealand.

Residential rents could rise and historic buildings might be abandoned, say property chiefs who have mixed feelings about real estate changes in the Budget.

Market players were left unimpressed by a big profit rise at NZX-listed landlord Goodman Property Trust, saying management were the only ones gaining financially.