Property market down in December
Property prices and sales slumped in December, with soft prices predicted to continue this year. Economist Chris Tennent-Brown said it would remain titled in favour of buyers.
Property prices and sales slumped in December, with soft prices predicted to continue this year. Economist Chris Tennent-Brown said it would remain titled in favour of buyers.
Property values continued to fall during December, but the rate of decline has slowed, indicating that values are beginning to stabilise.
Three much-loved art deco houses scheduled to be demolished are in good condition, contrary to the Auckland Council's assertion that they are in disrepair and should be knocked down, a surveyor says.
Christchurch's Boxing Day aftershocks and the recent wet weather have seen more than 1000 claims lodged with the Earthquake Commission.
The Law Commission is taking aim at New Zealanders' widespread use of family trusts.
Interests closely associated with Mark Hotchin still control an opulent $9.8m Waiheke Island beachhead.
Auckland is patchy, and elsewhere it's worse. Everywhere, demand is measly in a buyers' market. Bruce Morris reports.
If owning coastal money is your dream, the time could be right to buy, but putting your money in the bank will give a better financial return, says Bruce Morris.
Summer's here and coastal property is back in focus. So how is it going out there at the beach? For the most part, it's looking rather dire, writes Bruce Morris.
Many coastal areas were not included in our QV tables because sales volumes were so low, explains Bruce Morris.