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![NZ houses rated 'highly unaffordable'](/pf/resources/images/placeholders/placeholder_l.png?d=796)
NZ houses rated 'highly unaffordable'
New Zealand house prices have been identified as highly unaffordable in an international study...
![Auckland house prices up 1pc in December](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Auckland house prices up 1pc in December
Auckland's average house price rose one per cent last month to $573,071, the second highest average sales price for the year.
![Northland real estate agents penalised](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Northland real estate agents penalised
Five Northland real estate agents have been penalised by the
![Big banks relaxing mortgage rules](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Big banks relaxing mortgage rules
The big banks are increasing the amount of residential mortgages they're writing with loan to value ratios (LVRs) in excess of 80 per cent, after tightening home loan lending ratios during the global financial crisis.
![Big jump in November house sales](/pf/resources/images/placeholders/placeholder_l.png?d=796)
Big jump in November house sales
They say it's a recovery, not a boom - but house sales in November were up 17pc from the same month last year, according to new Real Estate Institute stats released this afternoon.