![Investors eye NZ retirement village industry](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Investors eye NZ retirement village industry
An American investor with US$500 million ($574 million) has been in New Zealand scouting for retirement village assets and meeting one influential banker.
An American investor with US$500 million ($574 million) has been in New Zealand scouting for retirement village assets and meeting one influential banker.
I intend to transfer my Australian superannuation funds into a New Zealand KiwiSaver fund. Can I use these funds to help build my first home in Christchurch?
Aucklander Tina Helg had no idea that her Greenlane home was the scene of one of New Zealand's most sensational murders.
In possession of all the facts, people can then make up their own minds whether they choose to buy or not, writes Kerre McIvor. There is a moral imperative.
Almost half of New Zealanders who own their own homes are worried about rising house prices despite the fact those increases are boosting their net worth.
Seven new Auckland and Northland buildings won design awards last night, picked for their outstanding characteristics.
A tiny, almost untouched 100-year-old cottage with its original toilet and bath still under the house will likely sell for close to $1 million, despite needing a major renovation.
Tamsyn Parker writes, "Kiwis seem to love buying rental property but I wonder how many people do their homework before they buy a property?"
Residents of an inner-city Auckland suburb are outraged at a developer's plans to increase an apartment block which appear to have council blessing.
House sale volumes and prices are dropping, according to the Real Estate Institute of New Zealand, which has just released its May sales figures.
An aerial image of Unitec's ambitious plans for its 53ha Mt Albert campus show dozens of apartments and townhouses squeezed onto its site.
A real estate agent who was censured and fined for listing a $1 million Auckland house in a lower price bracket than the sale price, has had the decision quashed.
Unitec wants to squeeze dozens of new residences on to the northern end of its Mt Albert site in a scheme which has stunned local representatives.
The average New Zealand house price rose by $98 a day or nearly $700 a week over the past year, a new analysis shows.
Web site Realestate.co.nz says house sellers' average asking price last month was at record levels.
If you live in Auckland and neighbouring houses have sold for unheard-of prices in the past two months, you can expect your home's official value to shoot up.
For the first time since the US housing crash, new condos are sprouting in Boston, Seattle and LA as developers bet on the return of the riskiest type of residential real estate.
"Oh, not another leaky building story!" an exasperated colleague complained to me in 2001.
With the exception of a few economic downturns, Americans have been building bigger and bigger houses since the Great Depression.
Nearly 5000 new Auckland apartments are either being built or planned.
Landlords are too lenient when a tenant falls behind in rent or causes damage, property managers say.
A couple who sold their "dark", "sad" and "depressing" Auckland home before they realised there had been a suicide on the property have lost their bid to be compensated.
It will be no surprise at all if the Reserve Bank raises the official cash rate again on Thursday to 3.25 per cent
The number of houses, flats and apartments valued under $400,000 in Auckland dropped by a third in the past 12 months.
An inner-city apartment in Auckland is on the market for $44,850 — less than the average price of a city carpark.
Auckland house prices have surged so much that the cost of just one bedroom in the suburb of Remuera is more than four times the price of an entire house in Tokoroa.
Auckland house values rose 13.1 per cent annually but have shot up 30.6 per cent since the last peak of the market in 2007.
A landlord tried to rent a North Shore studio which had the kitchen, bathroom and laundry in the same room.