NZ investors' love affair with property fades
NZ investors are not as keen on property, says a new report, with managed funds and KiwiSaver growing in popularity.
NZ investors are not as keen on property, says a new report, with managed funds and KiwiSaver growing in popularity.
The government's description of the leaky building issue as a "natural disaster of huge proportions" is both a clever device and a dangerous precedent.
Budget depreciation rule changes could smack the multibillion-dollar commercial property sector with most of a $1.3bn bill.
Leaky-home owners are likely to flood the Weathertight Homes Resolution Service with applications so they meet strict eligibility rules for aid.
Property prices and sales fell in April, but the New Zealand residential property market is holding steady, says the Real Estate Institute.
Failed Hanover Finance director Mark Hotchin's unfiinished mansion is big enough to contain 13 average houses just on its floor space.
Angry neighbours say Hanover Finance director Mark Hotchin's $30m mansion has wiped hundreds of thousands of dollars off their own property values.
Uncertainty over next week's Budget with its potential for tax increases for landlords is being blamed for a sluggish property market.
NZ's recovery from the financial crisis is entering a "new, less fragile stage" but the Reserve Bank will keep its "foot on the gas".
House auctions remain popular as buyers and sellers attempt to make the best of the sluggish market.
One of the country's most unusual homes - featured on both American and New Zealand television shows - is for sale, complete with its own pub.