World's hottest luxury property market
It tops Toronto, Sydney and San Francisco for houses that cost well over $1 million.
It tops Toronto, Sydney and San Francisco for houses that cost well over $1 million.
COMMENT: Cap means a home buyer in Auckland would have to have an income of more than $220,000.
The Government says it will not rule out new restrictions on house-buying which are tied to a buyer's income.
Property prices dipped one per cent across New Zealand in April - but are up 7.7pc compared to the year before.
COMMENT: That the battle to preserve the volcanic cones viewshafts in Auckland rages on highlights just how bad we are at protecting our heritage.
The Auckland iwi have released a behind the scenes video showing its new housing estate.
Experts and politicians are skeptical about the new data on foreign buying in New Zealand; one reader shows how the system can be beat.
Bill English has signalled that further steps to address housing shortages in Auckland will be announced in the Budget to help more people into their own homes.
COMMENT: New data on foreign buyers in the housing market is not going resolve the big debate on the issue just yet, writes Liam Dann.
Nearly 60 per cent of Auckland houses sold to foreign buyers went to Chinese investors, new data shows.
An older-style and largely original three-bedroom bungalow overlooking the Titirangi Golf Course has sold under the hammer for $2 million.
Rampant speculators are cashing in big on Auckland's property market, with one house sold five times in just nine months.
A strip of coastal pohutukawa forest has been "devastated" along a Takapuna beach clifftop, on and adjacent to land belonging to a Rich List developer.
Aucklanders appear to be being short-changed when it comes to accessing a Government subsidy aimed at helping first home-buyers.
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
COMMENT: No wonder our parliamentarians devote so little time to confronting Auckland's housing crisis. They're too busy investing.
A NZ-born Chinese teenager has blasted the attitudes of some Kiwis towards her, saying they see her as "just another foreigner" here to buy their houses.
The 13 Sandbrook Ave bungalow in Otara went unconditional last night after the owners chose the best of two offers.
Barfoot and Thompson reports the slowest April in four years, while Quotable Value says values were up 2.1pc over the past three months.
Just seven months after new valuations were set for Hamilton homes, some are already fetching up to $205,000 above those figures.
COMMENT: We've all got high on our burgeoning property prices and no politician will likely have the courage to take our fix, and our paper wealth, away, writes Felix Marwick.
EDITORIAL: Our "Home Truths" series has concluded with some possible solutions to runaway house prices that leave many facing rented housing for the rest of lives.
At the end of Home Truths series, the three would-be buyers who invited readers to follow their journey tell Andrew Laxon how they found the experience.
COMMENT: As a candidate for the top job at the United Nations, it's my belief that everyone in the world deserves a safe harbour to rest.
The boss of a new business offering a $500 entry to the property ladder via shares has defended his scheme.