Latest fromProperty Investment
May Wang owes company $2.5m, court told
A court was told this morning that businesswoman May Wang owes the company Latitude Asia $2.5 million.
Strategic Finance trustee calls in the liquidators
Strategic Finance's trustee has appointed liquidators to the failed property lender - saying they will have wider powers than the receivers to scrutinise deals made.
<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble
It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.
Legal hell in Fiji paradise
For the 240 investors in Fiji's Denarau Hilton, the past 18 months have been anything but paradise.
<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns
NZers will look back on the winter of 2010 as the moment we finally realised the last decade of growth was a sham.
Property prices firm up in June, but turnover low
House prices firmed up last month, but turnover stayed low said the Real Estate Institute.
Auckland house prices slump in June
Auckland house sales slumped 16pc in June, with the average sale price falling 3.6pc from a year ago, says real estate firm Barfoot & Thompson.
House prices will fall: economists
Westpac economists expect house prices to fall about 2 per cent this year and another 2 per cent next year.
Rents will rise as house prices fall, says Westpac
House prices will fall gently for the next two years before levelling out, says a leading bank economist.
NZ housing 'still way overpriced' says English
New Zealand's housing market is "still way overpriced" by international measures, says Finance Minister Bill English.