House prices end year only 4.9pc off late-2007 peak
Quotable Value figures show a dramatic and unexpected turnaround in property values in the past 12 months.
Quotable Value figures show a dramatic and unexpected turnaround in property values in the past 12 months.
More affordable homes are driving enthusiasm in property sales, but experts warn the relatively cheaper housing may not last.
Boom or bust? Property writer Anne Gibson looks at predictions for the year.
A new kind of real estate agent – known as an EcoBroker - has entered the Kiwi housing market.
Harcourts CEO has predicted a marked improvement in property prices in provincial and coastal areas in 2010.
Home loan affordability worsened in Auckland and Northland for first home buyers last month.
House prices stayed static in the last two months and fears of more expensive mortgage money could be to blame.
House prices across New Zealand rose a slim 0.2 per cent in November, says the Real Estate Institute, but those in Auckland have soared nearly 12 per cent over the past year.
Cafes and restaurants prove irresistible to smaller investors.
Victims of property investor Blue Chip and those disenchanted with paying high leasehold fees are offering units for sale today.
New Zealand house values rose 1 per cent in the 12 months ended November 30, up from a 0.20 per cent gain in the period through October, says QV Valuations.
Two years on from the heady days of 2007, Devonport has weathered the property bust better than anywhere else in Auckland.
Lombard Finance receiver PricewaterhouseCoopers says investors will receive a repayment later this month of 6.5 cents for every dollar invested.
Auckland's house price surge has prompted a warning that over-valuations are creating a bubble that will burst.
Auckland property has now recovered all the losses experienced over the past two years, says real estate company Barfoot & Thompson.
The company behind Wellington's $100 million Holiday Inn has collapsed.