Auckland has retained its position as the least affordable location to buy a house in New Zealand, according to the latest Massey University Home Affordability Report. 28-03-2012 more >>
Difficulties securing finance, council red tape and the imminent depreciation changes are acting as disincentives to rental property development at the same time as shortages are driving up rents. 28-03-2012 more >>
The latest Crockers Auckland sales price table revealed that despite the large year-on-year increase in both nationwide and Auckland sales, prices are up just 1%. 22-03-2012 more >>
The Christchurch rebuild is being hampered by a severe lack of rental accommodation, according to a Real Estate Institute (REINZ) survey. 19-03-2012 more >>
Property Investors have questioned why the Department of Building and Housing (DBH) will be merged with the ministries of Economic Development, Labour and Science and Innovation. 17-03-2012 more >>
Plans to merge the Department of Building and Housing (DBH) into a ‘Super Ministry' have been branded as ideologically driven and dangerous for the county's building, housing and construction sectors. 17-03-2012 more >>
Plans to fold the Department of Building and Housing (DBH) into a new Super Ministry "may disadvantage everyone in the rental industry," claim the Property Investors Federation (NZPIF). 16-03-2012 more >>
UPDATE: New Zealand Property Investors Federation (NZPIF) president Andrew King plans urgent talks with Government Ministers to get answers about the proposed merger of the Department of Building and Housing (DBH). 16-03-2012 more >>
Property investors are surprised and concerned about the implications of the Department of Building and Housing being merged with the ministries of Labour, Economic Development and Science and Innovation. 15-03-2012 more >>
Auckland's rental crisis has intensified - average weekly rent for a three-bedroom house has jumped $55 in a month and rents in popular suburbs have risen 25 per cent in the last year. 14-03-2012 more >>
Ombudsman Deborah Battell says New Zealanders need to be aware of what might happen if they can't service their mortgage payments and how they can help themselves. 13-03-2012 more >>
Figures from the Real Estate Institute of New Zealand (REINZ) revealed there were 6,168 unconditional sales in February 2012, up 37% or 1,666 sales compared to the same month last year. 13-03-2012 more >>
Nationwide values are up 1.1% over the past three months, 2.9% up over the past year and are now 2.9% below the previous market peak of late 2007. 13-03-2012 more >>
Another company owned by Don Ha has been placed into liquidation, the latest in a string of company collapses for the self-styled property king. 06-03-2012 more >>
Auckland saw the largest number of house sales in the February month for five years but listings remain low and price rises modest, according to Barfoot & Thompson. 05-03-2012 more >>
Residential building work and the Canterbury reconstruction helped building activity increase 2.9% in the December quarter from the previous quarter's decade-low. 05-03-2012 more >>
New property listings in February were up 58% from January and the national average asking price hit $426,575 - a 3% rise on the same time last year, according to Realestate.co.nz. 01-03-2012 more >>
There has been quite a bit of media attention on increasing rental prices recently. This is a common occurrence at this time of the year, as many people are change their circumstances in the new year and University Students are coming back at the start of the new academic year. But does that mean we can all put our prices up? 01-03-2012 more >>
The number of new home approvals rose in January 2012 compared to the year earlier, with apartments accounting for almost half of the increase. 29-02-2012 more >>
Nationwide residential property values have continued to rise with Auckland leading the charge, according to the latest QV monthly index. 14-02-2012 more >>
January 2012 saw a 25.2% rise in house sales making it the best January for sales volumes since 2008, according to the Real Estate Institute of New Zealand (REINZ). 14-02-2012 more >>
