One of the backers of the $100m Wairoa River Canal Project south of Auckland has blamed the Environment Court for rejecting it.

Fletcher Building, expects the residential property market to pick up next year when rebuilding begins in Canterbury and the government's response to 'leaky homes' comes into effect.

NZ banks are relaxing their lending criteria with a deposit of 20pc no longer necessarily required to get approval.

REINZ is blaming spring weather, the Canterbury quake and uncertainty over the increase in GST and tax cuts for a new low in house sales.

A fees fight has broken out between the Govt's real estate agent organisation and the Real Estate Institute.

New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.

After the Subprime Mortgage Mess, the US Foreclosure Fiasco.

A superloo with glass exterior walls was among 12 designs recognised last week as the winners of this year's New Zealand Architecture Awards from Nelson and Marlborough were announced.

A $840,000 Whangaparaoa house is selling electricity back to the national grid, generating $127.75 in its first two months.

Auckland house prices rebounded during September, after falling the month earlier, figures released by Barfoot and Thompson show.

While some are asking for $20k a week during the RWC, one Kiwi says he can do better for free.