Foreigners buying 29pc of homes - lawyer
A lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.
A lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.
The number of home loans and amount being borrowed has dipped ahead of further lending restrictions, but one mortgage broker says
Advertisements are being placed at supermarkets by people wanting to live in cars seeking "driveway and shower" arrangements.
An Auckland man has gone to unprecedented lengths to try and break into the city's notorious housing market - by selling a high five.
Porirua Mayor Nick Leggett says Labour leader Andrew Little's plan to upgrade all rental properties has some large gaps.
COMMENT: There's been a lot discussed about all the problems P smoking brings, but what about the real cost to the owners of these properties?
COMMENT: One clear advantage of selling is that you can dial down the risk level.
Labour Housing Spokesman Phil Twyford says removing negative gearing is needed to squeeze property speculators out of the housing market.
Overseas residents bought 1749 out of the 57,678 homes sold in New Zealand between April and June, newly-released data shows.
All four big banks are now applying new lending restrictions to home loans - six weeks ahead of the Reserve Bank's official September deadline.
COMMENT: It's clear our laws protecting tenants have not kept up with changes in the market which have tipped the balance further to landlords' benefit.
Shared spaces, co-working, hot-desking, desk-surfing. Whatever you call it, there is no denying it's a growing trend.
One real estate agent is worried that Airbnb is taking much needed rental properties off the Auckland market.
A woman who abandoned her leasehold Auckland property and was ordered to pay $175,000 has won the right to go the Supreme Court.
Housing New Zealand is demolishing a multi-million dollar state housing complex in Onehunga because of leaky building issues.
Rents in Auckland have hit a record high, with the median price now $520 a week
Everyone who cares about the future of the economy, interest rates and house prices needs to circle two dates in their calendars this year.
Tenants have been strongly advised to take out contents insurance to guard against being sued for damaging rental properties.
Tenants who damage rental properties aren't necessarily liable for the damage, the Court of Appeal has ruled.
Aucklanders are being pushed out of their own housing market and are responsible for one in five house sales in cities including Hamilton, Whangarei and Tauranga.
Rising rents are believed to be driving a 46 per cent jump in food parcels being handed out each month by the Auckland City Mission since the middle of last year.
Yong Xin Chen ditched her leasehold Cornwall Park house after her annual rent increased from $8300 to $73,750.
Tenant advocates are calling for rent controls and European-style laws requiring landlords to provide a "just cause" for evicting tenants.
A woman has been evicted from her Mt Eden flat for swearing in front of her landlord after he left a gate open and her beloved dog fled onto the road.
Auckland Council says landlords have too much power over tenants and it wants the Government to introduce random auditing of rentals.
A Trade Me listing to rent the bottom tier of a bunk-bed in a prime Auckland location has been removed.
The lawyer for a Chinese property developer who was ordered to pay almost $120,000 repair costs to the house she abandoned says the amount is "excessive".
Looking at buying a rental property? According to realestate.co.nz there's some attractive investment opportunities in some unlikely areas.
A bed in a prime Auckland location is going for cheap on Trade Me, the only catch is you'll have to sleep under a Japanese woman.