How I'd cut house prices by a quarter
Economist claims that cutting number of immigrants allowed into New Zealand could reduce Auckland house prices by a quarter within two years.
Economist claims that cutting number of immigrants allowed into New Zealand could reduce Auckland house prices by a quarter within two years.
A brick and tile unit has sold for more than $1 million - a new benchmark, according to a realtor.
In an era when most couples with kids both work, having one parent who's the sole breadwinner is a luxury ... and sometimes a burden.
A historic home steeped in Kiwi aviation history on the former Hobsonville Airbase is up for tender.
COMMENT: How does buying now compare to 1989? The data may surprise.
NZbuilding activity grew for a fifth quarter in the March period as Auckland dominated construction for both residential and commercial construction.
COMMENT: Rather than waving a magic wand at the housing problem, the Government has waved the big stick - telling the Council to free up land, writes Barry Soper.
Median sale prices dipped between April and May, yet sale volumes rose sharply between the two months.
A house in Auckland with no walls and high levels of lead, possibly from P contamination, has sold for over $1 million.
Heartland Bank has told investors it is monitoring the dairy sector "with close attention".
Auckland first home buyers are being encouraged to learn some lessons from post-quake Christchurch.
The average Auckland house price is heading for $1 million by this time next year based on current trends.
Average value of an Auckland property rose to $955,793 in the past three months - but rate of increase lagged behind rest of New Zealand.
COMMENT: Vindictive attitudes are no surprise given the failure of the right to rule the Super City since its creation.
Are Auckland real estate agent has produced a full music video to market a house.
Australian entrepreneur specialising in mall upgrades has paid about $90 million for Takapuna's Shore City Shopping Centre.
Only months after a landmark 1905 villa was removed from Jervois Rd in Herne Bay, plans have been lodged to remove a second villa a couple of blocks away.
People who knowingly sell apartments with big issues with the building or administration could be stung.
Auckland's housing situation is as bad as Christchurch post earthquake, Minister of Economic Development Steven Joyce says.
"Budgets are not just an accounting exercise," said Bill English, as he delivered the accounting exercise known as a surplus.
Building apprentices with technology smarts will soon be in demand.
This is not a Government that often springs surprises, for which we should be grateful most of the time.
New parents Mike Alsweiler and Gemma Mann saw nothing in the Budget to get them closer to buying their first home.
Lack of Budget housing initiatives earned the Government criticism from many quarters yesterday.
Maori Development Minister Te Ururoa Flavell has secured $17.8 million to get a new Maori land service up and running.
Society's most vulnerable will receive a $650 million funding boost spanning health, welfare and education services aimed at helping those at-risk "lead better lives".
The housing initiatives in the Budget are firmly targeted at pressure points in Auckland.