![$100k profit for apartment resellers](/pf/resources/images/placeholders/placeholder_l.png?d=794)
$100k profit for apartment resellers
Off-the-plans buyers in two big apartment complexes have been on-selling for big profits.
Off-the-plans buyers in two big apartment complexes have been on-selling for big profits.
A shakeup of the laws New Zealand's $40 billion apartment sector is imminent.
New Zealand's largest listed retirement village operator has had its application to build a huge new village in the Auckland suburb
Landlords should be able to do their own meth-testing of rental properties, says this Auckland man.
Soaring house prices have seen a second Auckland suburb click over the $2 million mark, with only five suburbs left with an average price under $500,000.
Property investors are increasing their stronghold on the housing market - shutting out families needing a bigger home.
Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.
Labour has renewed calls to ban foreigners buying New Zealand houses.
NZ's biggest listed retirement village operator Ryman, has set up its own precast concrete factory, as delays hit one of its big building project.
A family trust that wants to allow housing on a South Auckland volcano says the housing could be around $500,000-$700,000 - aimed at low- and middle-income earners.
Labour Housing Spokesman Phil Twyford says removing negative gearing is needed to squeeze property speculators out of the housing market.
The number of people who believe their own home is their best investment has jumped up in the last six months and is now the most popular choice.
Overseas residents bought 1749 out of the 57,678 homes sold in New Zealand between April and June, newly-released data shows.
Green Party co-leader Metiria Turei wants house prices to drop.
A former $17/hour Auckland storeman who started out with only $4000 cash wants to help you become a multimillionaire.
Bay of Plenty first home buyers are being pushed out of the new house market. But why?
All four big banks are now applying new lending restrictions to home loans - six weeks ahead of the Reserve Bank's official September deadline.
Rents are rising fast in regions around Auckland, adding more fuel to the theory that the city's overheated property market is affecting other parts of the country.
Labour and the Greens say the new lending rules won't be enough to slow rapid property price hikes.
A new free residential property database will soon be expanded and more information added.
A new free residential property data base has been launched and expansions plans will soon see new information added.
COMMENT: It's as though a bee smoker has been pointed at Wellington's most famous hive and its inhabitants have become dopey.
Westpac's New Zealand unit is cutting interest-only lending terms to a maximum of five years, in a market where investors are the driving force.
Andy Macleod, the chief executive of the Chinese-owned Pengxin New Zealand Farm Group, has resigned.
Failed Crafar farms buyer May Wang is appealing her convictions and her eight-year jail sentence. Wang, also known as May Hao, was
One real estate agent is worried that Airbnb is taking much needed rental properties off the Auckland market.
Tenants and first home buyers will suffer if tougher new invesor lending rules are introduced, says a landlords group. Andrew King
A vandalised, abandoned $6 million-plus Auckland mansion nicknamed "Circus McGurkus" is coming down.
Under growing pressure to control the housing market, John Key said that the Reserve Bank should consider targeting investors with tougher lending rules.
After a big do-up, owners of this Cheltenham Beach property are asking for 'north of $9m' for a four -bedroom home.