Latest from Property Investment

Homeowner 'an exception'

An Auckland student who became a homeowner at just 22-years-old is not a fair representation of all students, says the national students' association.

Student becomes property investor

While thousands of Aucklanders despair at their chances of owning a house, a determined 22-year-old student is proof it can be done.

Auckland's projects revealed

Surplus Crown land at Manukau, Avondale, Massey East and Hobsonville are set to be offered up to private development companies.

$1m for this $495k home

The agent says the price demonstrates the fierce competition among investors and developers for properties with subdividable sections.

Argosy's profit falls 25%

Argosy Property reported a 25 per cent drop in annual profit, while its rental income rose, as the listed property investor returned to a tax paying position.

Marked drop in mortgagee sales

Banks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.

Govt to unveil housing plan

Housing Minister Nick Smith says thousands of new homes will be built as part of a planned affordable housing development on vacant Crown land.

Sold for $1.14m, relisted 48 hours later

As property prices in the area escalate by around $1000 a day, agent says owners of the brand-new $1.14m house have simply "changed their minds".

Budget 2015: Big plans for more homes

Today's Budget will unveil details of Government plans to partner with private developers to build affordable houses on Crown-owned land in Auckland.

Property rules prompt fears

The Government's property speculator tax crackdown will lead to large-scale real estate dumping before its October 1 start and widespread evasion and avoidance, experts say.

Warning property investors

RBNZ housing speech sparked action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for action on house prices was a catalyst for recent announcements.

Easier to tax non-residents

Property tax changes should make it easier to collect tax from foreign investors, say bank economists.

How you could fall foul of new tax rules

The IRD has released a summary of commonly made mistakes by non-professional property investors.

Rule change: 'No huge impact'

The new tax rules will do little to cool Auckland's property market, according to John Key. The city needs more houses.

Mark Keating: New property rules too little too late

Mark Keating writes: The Government has been arm-twisted by its critics into a tax response to address Auckland property prices.

Liam Dann: New tax rules a big step

The Government has surprised the market with a stronger than expected move on property tax, writes Liam Dann.

Brian Gaynor: Stop that booming bubble

The Auckland residential property boom has developed some of the characteristics of the Dublin bubble a decade ago, writes Brian Gaynor.