Home prices 7.5pc above last peak
Christchurch and Auckland property prices still increasing as regions slow over winter, figures show.
Christchurch and Auckland property prices still increasing as regions slow over winter, figures show.
The Auckland Council has a team of 40 people assembled and 110 potential sites to fast-track the construction of 39,000 new homes in the city over three years.
Single dad Tommy Sutton has looked at about 10 rental properties in two weeks in South Auckland but all have been out of his price range.
Housing New Zealand says its heritage Symonds St Flats in central Auckland have leaks and all 34 tenants must leave to allow repairs or refurbishment.
A High Court battle looms after property developers linked to a string of liquidated companies invoked a little-known clause to get out of an agreement to sell newly-builthomes.
It's hard to see how freeing up some land and leaving it to the market will realistically address either housing affordability or lack of supply, writes Brian Rudman.
Asking prices for houses have skyrocketed to an all-time high in New Zealand.
It won't create a single new home, which is the crux of the crisis facing the country's two biggest cities, writes Brian Rudman.
Westpac has launched a service allowing family members to help first-home buyers into properties.
Editorial: If foreign restrictions will help first-home seekers - and we should be sure of that first - they could be one of many policy levers used.
Plans by the Labour Party to exclude foreign buyers from the housing market have sparked more calls for restrictions and warnings about the risk of damaging the country's relationships with its major trading partners.
Prime Minister John Key says Labour's new housing policy smacks of desperation by leader David Shearer.
Labour's housing policy to restrict house sales to foreigners could be at odds with New Zealand's Free Trade Agreement with China.
A law change to allow the Government to override councils in order to free up land for housing developments was opposed by a slim majority of New Zealanders surveyed.
Labour leader David Shearer says he "makes no apologies" for his party's proposal to exclude all offshore buyers from the New Zealand housing market.
Ponsonby chartered accountant Hongying Qiu was in and out of 11 Farrar St in Grey Lynn within 10 minutes yesterday afternoon.
It's risky policy for a liberal, left-of-centre party because it leaves them open to accusations of xenophobia, writes Liam Dann.
The Reserve Bank governor has kept the official cash rate at 2.5 per cent, though he'll mull a hike if the momentum in housing spurs broader inflation.
Ngati Whatua Orakei have $24 million plans to build up to 75 houses and apartments alongside Bastion Pt, underwriting mortgages for whanau to assist home ownership.
Precinct Properties NZ, with 10 Wellington office blocks worth more than $600 million, has been hammered by insurance premium rises.
The Prime Minister says first home buyers remain 'a priority' for the govt, but he's stopped short of endorsing a suggestion from one of his ministers.
Even for certain traditional naysayers there is an acceptance that a CGT is an inevitable part of our future tax landscape, writes Thomas Pippos.
Sleepouts built in China are due to arrive in New Zealand in containers in the next two months.
Fletcher Developments wants new houses to be taller than the Auckland Council is proposing.
Financial markets see almost no chance Reserve Bank governor Graeme Wheeler will move the official cash rate from its all-time low of 2.5 per cent.
First-time home buyers struggling to scrape together a deposit may soon be given a lending hand through changes to the KiwiSaver scheme.
Bernard Hickey says every parent knows there's always a moment at a party when the 5-year-old has had enough chocolate cake, or the 18-year-old has had enough vodka and Red Bull.
A man has been making offers on luxury homes north of Auckland before disappearing when it comes time to pay - even after getting one vendor to fix up his house.
The number of single New Zealanders able to afford a home has plummeted compared to couples, says a Treasury paper.