![Property report: Spotlight on Orakei - Winds of change](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Property report: Spotlight on Orakei - Winds of change
Those who have been priced out of the Ponsonby/Grey Lynn market are turning to Orakei as a more affordable location.
Those who have been priced out of the Ponsonby/Grey Lynn market are turning to Orakei as a more affordable location.
Thousands of houses are being built but more are needed to accommodate the desperate hordes, writes Diana Clement.
The day of the Kiwi quarter-acre dream is a dream of yesteryear, especially for those of us who call Auckland home.
With annual price growth at 13.9 per cent, it is no surprise Auckland is increasingly dominant in lifting the country's overall growth rate, writes Geoff Barnett.
May property sales in the Auckland market were up 14.5pc from the month before, says Barfoot and Thompson.
Given how large the imbalances in the Auckland housing market are, house price growth is likely to persist in the near term.
Aucklanders are increasingly interested in buying properties outside of the city - in places like Hawkes Bay, where you can get "more bang for your buck".
House prices in Sydney rose 15 per cent in May from a year earlier, prompting a warning of a price bubble in Australia's biggest city.
Building and Housing Minister Nick Smith has embarked on a "magical bus tour" to showcase the Government's plans to free up land for desperately needed housing.
Building consents fell in April, after the previous month's strong gain, as intentions to build houses decreased.
Former SFO boss Adam Feeley is facing an Auditor-General probe into how his family's land has been managed.
Now I'm totally confused. John Key has nominated Auckland for the Lee Kuan Yew World City prize, named in honour of the leader who nanny-stated Singapore.
More than $100m worth of surplus city-owned land has already been sold and the council says another $250m worth has been cleared for sale.
The agent says the price demonstrates the fierce competition among investors and developers for properties with subdividable sections.
Labour is keen to paint Housing Minister Nick Smith as ever more desperate to find answers to Auckland's housing crisis, writes John Armstrong
A team of Slovakian architects have designed a portable pod house designed to run off the grid.
Banks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.
Moves to slow Auckland’s housing bubble are likely to spark a prov¬incial real estate boom, property experts say.
Most mornings I listen to Morning Report on Radio New Zealand. Of late they have taken to torturing me with nonsense about house prices in Auckland.
Moves to free up 500ha of state-owned land to help counter spiralling Auckland house prices are being welcomed by commentators.
ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.
Housing Minister Nick Smith says thousands of new homes will be built as part of a planned affordable housing development on vacant Crown land.
We might never see a CGT in this country, which could well be a good thing given the compromises that would likely be part of its introduction, writes Mark Lister.
As property prices in the area escalate by around $1000 a day, agent says owners of the brand-new $1.14m house have simply "changed their minds".
Development of physical infrastructure has topped a business wishlist for today's Budget, according to a snap poll of EY clients.
The Malhotra family in Auckland were still hunting for their first dream home when last year's Budget was announced.
Today's Budget will unveil details of Government plans to partner with private developers to build affordable houses on Crown-owned land in Auckland.
Te Whanau O Waipareira Trust is bidding to enter the city's overheated housing market - and wants the Government to make land available, so it can build at affordable prices.