
Record auctions pushing up house prices
Head-to-head bidders are paying tens of thousands of dollars more at auctions than they would for fixed price homes, new figures reveal.
Head-to-head bidders are paying tens of thousands of dollars more at auctions than they would for fixed price homes, new figures reveal.
Amidst the debate around the effects of a capital gains tax on the Auckland property market, TV show 'Our First Home' has proven useful.
Waiheke's biggest landowner has lost a challenge over the zoning on parts of its holdings on the island's eastern tip and on a nearby island.
A three-bedroom North Shore "do-up" has earned its owner nearly $1000 a day - just shy of the salary of a High Court judge - in Auckland's red-hot property market.
The average Auckland home earned nearly $230 a day in the past year - about twice what the average worker made in their job.
The Reserve Bank is considering options to make it harder or more expensive for residential property investors to get bank loans.
Regulatory moves to curb bank lending to residential property investors are a live possibility, says Reserve Bank deputy governor Grant Spencer.
Andrew Little says a speech from the Reserve Bank deputy governor was effectively saying there was a housing crisis – something John Key had refused to accept.
For the first time in a single month, 10 per cent of all properties sold around the country went for more than $1 million.
Catherine Smith was 25 when she bought her first home in 1982 - a three-bedroom bay-fronted Ponsonby villa for $55,000.
Real estate firm Bayleys yesterday joined Air New Zealand's Airpoints programme and the airline is on the lookout for more partners.
Houses in eight Auckland suburbs south of the CBD topped national value rises, up a "whopping" 17.9 per cent annually, according to QV data just out.
Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.
A property developer's family trust that bought 9000sq m of land in an exclusive Queenstown subdivision must repay $740,000 to liquidators after losing a High Court fight that involved fraudulent....
Part of troubled housing development empire Tribeca Homes has been placed into liquidation by creditors.
Shopping around for a mortgage could save New Zealanders up to $28,500 over the lifetime of a loan, according to a new survey of home lending.
The major banks are breathing a sigh of relief that the Reserve Bank has decided to drop the 5+ proposal.
Landlords have hit back at Reserve Bank consultation on their sector, threatening to punish tenants by hiking rents if a tougher lending regime is ushered in.
The Reserve Bank has taken a step closer to treating residential investment properties differently from owner-occupied ones.
A new $300 million 800-unit Albany project, promoted as New Zealand's largest residential apartment development, has just been announced. Martin
Building activity has reached its strongest growth rate in almost 15 years and is up sharply in the latest quarter, but critics say it is still not helping relieve Auckland's housing crisis.
Auckland house values are up by 43.8 per cent on the last boom in 2007 - but a valuer is warning that off-the-plan buyers are not always recovering their money.
Former Blue Chip boss Mark Bryers returns to the witness box today as the High Court continues its look at his application for discharge from bankruptcy.
Former Blue Chip boss Mark Bryers is seeking discharge from his bankruptcy in the High Court at Auckland today.
The lakeside drive from Queenstown to Glenorchy lives up to its billing as one of New Zealand's most scenic roads - it just gets better at every bend as the north Wakatipu basin reveals....