Auckland houses go up by $918 a day
Average sales prices for Auckland residential property sold by the city's biggest agency rose by $918/day last month compared to March.
Average sales prices for Auckland residential property sold by the city's biggest agency rose by $918/day last month compared to March.
The Government's much-flaunted affordable home build in Auckland has just become a little less affordable after developers were granted a series of price hikes.
The home loan environment could be "as good as it gets" for borrowers, although the potential remains for mortgage rates to track even lower, says Westpac NZ CEO David McLean.
Top-end Auckland rentals can hit $230,000 a year, enough to buy a house elsewhere.
A Cornwall Park Trust Board lessee wants a mediator appointed to sort out the long-running dispute over payments and other issues on 110 Auckland properties.
Much fanfare accompanied the announcement of the Tamaki urban regeneration. But progress has not matched expectation and the Government has set about rectifying flaws.
A real estate agent rented a house to a colleague at a discounted rate and paid the difference so he could use its garage for storage - without the owners' knowledge.
Economic expert says Auckland's property market has much in common with Canada's real estate boom and bust in the 1980s.
An old villa with rotting floorboards and a rusty roof is now one of the best on the block after an extensive and expensive restoration.
QV's latest figures show the average property value for the Auckland region has now broken into the $800,000s, fuelled by Auckland City-South.
It sits on nearly 14ha of sprawling ridgetop land commanding dramatic views over Piha's sentinel Lion Rock and the churning Tasman Sea.
The Government has proposed giving the taxman more resources to crack down on residential property speculators.
A group representing 110 lessees with houses on Cornwall Park Trust Board land through Greenlane and One Tree Hill has rejected a proposal to change their lease terms.
Instead of using KiwiSaver to buy your first house but be tied to one place, get a home on wheels and wake up to a new view every morning. But is this a possibility?
Land tax might be one of the answers to reducing tax incentives for rental property investors, writes Bernard Hickey.
Head-to-head bidders are paying tens of thousands of dollars more at auctions than they would for fixed price homes, new figures reveal.
The case for taxing the income of residential property investors is compelling.
The survey's index lifted four points from its March level to 129. It has only rarely been higher than this in the past 10 years.
Soaring property costs will mean more New Zealanders are likely to experience hardship in retirement.
Waiheke's biggest landowner has lost a challenge over the zoning on parts of its holdings on the island's eastern tip and on a nearby island.
They came out of Africa and into Matamata, and brought some exotic friends with them - including Bassoon the American bison and Mr and Mrs Ostrich.
John Key claims the Auckland housing market is not overvalued and that high prices are the result of market forces. What do you think? Have your say here.
If you are buying a home using KiwiSaver funds what are the regulations around living in the home for the first six months?
It has a CV of $5.2 million and sits on 2591sq m of prime land at the end of a small cul-de-sac off Mountain Rd on the eastern slopes of Mt Eden.
Developers who have been sitting on Auckland land earmarked for fast-tracked housing are being warned to start building or lose their special privileges.
The Cornwall Park Trust Board has proposed sweeping changes to the leases on 110 Auckland properties it owns, including axing five-yearly mandatory house repainting demands.
Thousands of property owners are now sitting on million-dollar goldmines thanks to rampant capital gain.
A three-bedroom North Shore "do-up" has earned its owner nearly $1000 a day - just shy of the salary of a High Court judge - in Auckland's red-hot property market.
The average Auckland home earned nearly $230 a day in the past year - about twice what the average worker made in their job.