
$2.62m sale has Sydney worried
House-buyers in Sydney are feeling Auckland’s pain, with the sale of a modest three-bedroom house for $2.62 million fuelling speculation of a housing bubble.
House-buyers in Sydney are feeling Auckland’s pain, with the sale of a modest three-bedroom house for $2.62 million fuelling speculation of a housing bubble.
Producer input and output prices fell in the first quarter, reflecting lower fuel costs and weakness in prices of meat and dairy products.
Thursday's Budget will be judged just as much by what is missing from the document as by what it actually contains.
Free Primavera 50 Vespa motor scooters and helmets are being given away with six "affordable" Mt Eden one-bedroom apartments, for sale from $430,000.
Moves to crackdown on property speculators have been welcomed as a step in the right direction by market commentators but one analyst says the changes may be too little too late.
The number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.
Up until a couple of months ago it was possible to use KiwiSaver to buy a first home in Australia but all that changed at the beginning of April.
Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for action on house prices was a catalyst for recent announcements.
The new tax rules will do little to cool Auckland's property market, according to John Key. The city needs more houses.
A retired couple who sold their mansion last year for a record $17m bought a $4m clifftop property down the road which they promptly demolished.
Real estate companies are cracking down on money laundering after buyers tried to purchase homes with cash deposits worth hundreds of thousands.
A 9.9 per cent average rates rise for Auckland households from July is going down badly with residents and ratepayer groups.
A dilapidated villa that sold for more than $1m despite being 'unlivable' is to be transformed into a sprawling four-bedroom home.
The Auckland residential property boom has developed some of the characteristics of the Dublin bubble a decade ago, writes Brian Gaynor.
Job listings in the design and architecture industry have surged 49 per cent in the past year.
Two-bedroom flat in Auckland sells for nearly $800K as real estate chief urges radical shake-up of deposit rules to take heat out of city's housing market.
Head of Auckland's biggest real estate company wants urges $500k deposit for homes worth over $1.5 million and ditching LVR for homes under $500k.
Dampening highly geared speculators' appetite for the Auckland cash-box housing market got the thumbs up from many quarters yesterday.
New lending restrictions to be imposed on Auckland property investors will do little to cool the surging market.
Editorial: The Government continues to insist unaffordable prices are entirely caused by a shortage of houses, but the bank has long recognised that demand has to be tackled too.
Investor association slams Reserve Bank’s bid to rein in Auckland house prices, saying it will push up rents and ruin first home buyers' chances.
New lending rules targeting Auckland residential property investors will cool the market - but the city's "gravitational pull" will counter any impact, John Key says.
Economics editor Brian Fallow says today's Reserve Bank move is crude, ad hoc and temporary - but it buys some time.
The Reserve Bank's new lending restrictions will make banks' books safer but may fail to cool the Auckland's housing market.
Reserve Bank targets Auckland property investors with new lending restrictions as it looks to take the heat out of the market.
The Reserve Bank will introduce new limits on lending to property investors in the Auckland Council area that would require those borrowers to have at least a 30 per cent deposit. What effect will this have?
Landlords says tenants will suffer from the Reserve Bank's 30 per cent rental property LVRs and rentals will become scarce.
He was known as the Mayor of Paice Ave, but now Dudley Watson's deceased estate in Mt Eden is on the market for the first time in nearly three-quarters of a century.