Foreign speculator tax forges ahead
The IRD IS proposing a withholding tax of 33 percent of a vendor's gain on a sale, or 10 percent of the total purchase price.
The IRD IS proposing a withholding tax of 33 percent of a vendor's gain on a sale, or 10 percent of the total purchase price.
Martin Hutchin sold investment properties in Invercargill and Huntly and was described as a "risk to the community".
Last month saw the highest number of new dwellings consented in a month since March 2005.
Virtual furniture is being superimposed into empty rooms for real estate adverts to attract potential buyers.
Only one in five voters do not support a ban on foreigners buying houses - but most of the others want to see evidence of a problem first.
Hundreds of thousands of Auckland households can expect an increased dividend payment of $345 in late September from the community trust that owns most of Vector.
The Government is trumpeting the creation of 11 new special housing areas to help tackle soaring Auckland house prices.
Eleven new areas are being set up across Auckland with the potential to provide 1600 new homes.
Shelley Bridgeman recently sold her house. The sale would not enter local folklore for the price it attracted, making her question the 'runaway market'.
The Auckland Council is holding the line on rules to protect the city's built heritage after being advised they are a burden on landowners seeking to develop their properties.
Auckland Transport is taking legal action to force owners of Eden Terrace properties to sell up for the $2.5 billion City Rail Link.
A review of Auckland Council's sport and recreation assets not only involves 13 golf clubs valued at $200 million-plus, but also all the council's bowling clubs.
Auckland's property market has boosted the price of a Whangaparaoa home by more than $200,000 in six months, and a Mt Albert unit by almost $100,000 since April.
An Auckland property agent is the latest beneficiary of a series of sales of a modest West Auckland house which has rocketed in price by $153,000 in 13 weeks.
They bought nearly half of all the Auckland properties for sale in June.
After a fight with her landlord, Leonie Müller chose to quit the property market and live on trains.
First-home buyers in the regions are leading the uptake of new subsidies worth up to $20,000 as Aucklanders struggle with ever-increasing house prices.
The number of people accessing Government support for a deposit on a house has doubled since new HomeStart subsidies were introduced.
Construction firm chief does damage control after suggesting that builders who carried out shoddy repair work on quake damaged homes had "gone back to Ireland".
After years of increases, New Zealand rents stalled last month, says Trade Me Property.
Residents at Warkworth's Summerset Falls retirement village have complained about delays to a recreation centre expansion.
A plan for a five-storey apartment block in Birkenhead is fuelling the intensification-versus-housing choice debate.
A leaky building lawsuit against cladding manufacturer James Hardie is looking more likely to expand into a class action.
A clifftop Parnell property owned by a prominent Aucklander has had more than $6 million wiped off its capital value by Auckland Council.
Finance Minister raises spectre of a reversal of fortune as latest REINZ figures shows median Auckland house sale price dropped $20,000 last month.
The latest REINZ figures show Auckland's median price fell 2.65 per cent from $755,000 in June to $735,000 last month.
A Fletchers project to build up to 480 homes on a Mangere site, including ancestral burial caves, may be the first Auckland Special Housing Area to be revoked.
"It is a sea change ... one that very few people would have seen coming" - Herne Bay Residents Association chairwoman Christine Cavanagh.
Today we launched a 10-day series which looks at some of Auckland's biggest issues. Here's some of your feedback to questions posed on social media today.