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Property glut creating 'buyers' market'
Sellers appear to be in denial over asking prices with a glut of new homes on the property market strong favouring buyers, says realestate.co.nz.
Sellers appear to be in denial over asking prices with a glut of new homes on the property market strong favouring buyers, says realestate.co.nz.
Building consents issued in February jumped 10 per cent, after rising one per cent the month before.
The easing of mortgagee sales is still some way off with the January figures up 31 per cent on the same month last year.
Shareholders in rural services company Allied Farmers stand to lose out over an estimated $24 million mortgage on the Jack Nicklaus-designed Kinloch Golf Club near Lake Taupo.
Blue Chip founder Mark Bryers is believed to have access to at least $1 million in trusts, despite the collapse of his business empire.
Luxury houses at the top end of the property market are selling fast, with renewed interest in multi-million-dollar homes.
Firms were given a break when investors allowed them to delay payments. So how are they faring now, asks Tamsyn Parker.
Revenue Minister Peter Dunne has tipped a new property investment tax and lower personal taxes in this year's Budget.
The average Kiwi has to work nearly three times harder to pay off the average house than they did 50 years ago.
House prices were stable in February, says the Real Estate Institute, while the number of properties sold recovered from a poor January.
The hardest part of the process of selling your home is letting go.
Market defies gloomy forecasts as buyers fight over meagre property pool.
Inner-city apartments can be a great investment if you do your homework.
Trust is to the successful sale of a house as location is to buying one.
Great parks and schools make this a family favourite.
In Auckland, you'll need $40,000 or so as a deposit to scrape into some suburbs at entry level.