'I'm about to move into a sleepout'
West Auckland grandmother Lee Hickey is moving out of her house to make room for her daughter, son-in-law and their two children.
West Auckland grandmother Lee Hickey is moving out of her house to make room for her daughter, son-in-law and their two children.
An agent helping two pensioners sell their home has been sacked after buying the property for $530,000 and selling it for $1.255 million in just four months.
Our forebears came to NZ to escape perpetual tenancy and have property of their own. That has been the Kiwi dream and there is no reason to give it up now.
Experts believe Auckland's housing crisis may be lowering city's birth rate, as young adults shut out of buying homes are forced to live with parents.
Rotorua's first female-only apartment block is getting such interest developers are already looking for a site for a second one.
COMMENT: I read advice from a mortgage broker saying house hunters just need to give up their Sky TV to be able to buy a home, this enraged me.
House hunters who say they can't afford to buy a home in Auckland need to give up Sky TV or expensive cars and just save harder, says a mortgage broker.
House prices in Auckland have risen so fast that many single people on ordinary incomes now find it impossible to buy a first home on their savings.
It promised to be an affordable and modern entry into the Auckland property market but a developer has pulled the pin on a town-house project.
Auckland renters are facing bleak times, with steep rent rises looming as a result of the city's housing crisis.
Remuera home owners may not like it, but three-storey apartments in the suburbs offer the last real chance at housing affordability in Auckland.
The Reserve Bank could expand mortgage lending restrictions in an effort to head off the housing boom as it rolls down the country, economists say.
An iwi plans to give 175ha of coastal land to Auckland Council in return for the right to create and sell 58 upmarket housing sites.
Like many new Aucklanders, Bharat Bhushan and Lovely Garg are not emotionally attached to the traditional Kiwi section.
Up to one in four property sales in parts of provincial New Zealand are now to Aucklanders, with many buyers forced from the city as prices spiral beyond their means.
China's richest man, Alibaba online shopping founder Jack Ma, says he'd like to buy a home in New Zealand.
An Auckland economist says recent changes to tax and deposit rules didn't dampen the property market - and he expects prices to keep climbing.
Cecile Bourgeois, 39, would like to buy a house in Auckland, but experts agree her most realistic option is leaving the city and setting up somewhere else.
The median price per hectare is down to $33,897 in the three months to March, according to REINZ figures.
COMMENT: Last week we found out Auckland's house price boom was back from the dead like the monster in a B-grade horror movie.
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.
Aucklanders are buying at least 20 per cent of properties in nearby regional main centres, as soaring city prices force house hunters to look elsewhere.
Gemma Mann and Mike Alsweiler are thinking about leaving Auckland to find a house they can afford, even if it means saying goodbye to their families.
Up to one in four property sales in parts of provincial NZ are now to Aucklanders, with many buyers forced from city as prices spiral beyond their means.
How do Auckland property prices compare with the rest of the world? Andrew Laxon finds it all depends on where you look.
The number of highly paid professionals and managers unable to afford to buy a home in Auckland has almost doubled in just over a decade.
COMMENT: It's easy to assess the value of an asset in a liquid and rising market, but the future liabilities are not so easy to see.
First home buying hopefuls Gemma Mann and Mike Alsweiler faced the grim reality of ever-climbing house prices this evening as they attended their first auction.
Auckland house prices are now so expensive that most young first-home buyers cannot afford to buy without help from rich parents, says an expert.