![It's hard labour to own a house](/pf/resources/images/placeholders/placeholder_l.png?d=795)
It's hard labour to own a house
The average Kiwi has to work nearly three times harder to pay off the average house than they did 50 years ago.
The average Kiwi has to work nearly three times harder to pay off the average house than they did 50 years ago.
New Zealand is awash with unsold houses which could take nearly a year to clear.
House prices were stable in February, says the Real Estate Institute, while the number of properties sold recovered from a poor January.
Property investors have warned that rents could go up by $34 a week if the Govt scraps landlords' depreciation claims on housing, but the Government says they are wrong.
Market defies gloomy forecasts as buyers fight over meagre property pool.
Inner-city apartments can be a great investment if you do your homework.
Relaxed coastal suburb attracts a range of residents.
Eat your heart out, Remuera. The tree-lined streets of Auckland's most noted, refined suburb.
In Auckland, you'll need $40,000 or so as a deposit to scrape into some suburbs at entry level.
A couple finally win a two-year battle with the British government over their upmarket $1.7m Auckland home.
Auckland's largest real estate company says average sale prices for February were up by 3.2 per cent.
The number of new properties on the market surged in February but with buyers "cagey", the number of unsold houses has ballooned.
The cost of the leaky building crisis has grown so "gianormous" that the Government has almost despaired of finding a solution.