Landmark Queenstown property up for sale
Arguably Queenstown’s most prominent lifestyle property is on the market.
Business
'Clamps on': Sales slow in Queenstown
'Clamps on': Sales slow in Queenstown
Sales of luxury homes and bare sections have slowed down markedly in Queenstown.
Foreign buyer ban hits house builders
Foreign buyer ban hits house builders
The Government's foreign buyer ban is affecting some of New Zealand's biggest house builders who are overseas-controlled, including Fletcher Building and Universal Homes, says National's Judith Collins.
Dunedin housing ‘severely unaffordable’
Dunedin housing ‘severely unaffordable’
Dunedin’s unwelcome status as a city where housing is ‘‘severely unaffordable’’ has wide-ranging implications for both private home buyers and investors.
NZ town in world's most expensive top 10
NZ town in world's most expensive top 10
Tauranga is ranked the eighth most expensive housing market in the world when measured against income, heading off cities like London and San Francisco, according to a global study out today.
LVR relaxation influence likely to be small
LVR relaxation influence likely to be small
Loosening the loan-to-value ratio (LVR) restrictions might help drive a busy property market in the early stages of 2019, QV general manager David Nagel says.
Property correction predicted
Property correction predicted
Economists are warning of three major factors that could influence New Zealand's housing market this year.
The place in NZ it takes the longest to sell a home
The place in NZ it takes the longest to sell a home
You'll need the patience of the Bible's Job and nerves of steel if you own a place here and are planning on selling.
Relevance of capital valuation debated
Relevance of capital valuation debated
The use of capital value (CV) as a measurement of what homes may be worth is a grey area for both sellers and buyers and most real estate agents see little relevance in CV data.
House prices skyrocket in Dunedin, Invercargill
House prices skyrocket in Dunedin, Invercargill
Dunedin and Invercargill have outstripped all cities around the country with average house prices up 11%-12% during the past year - more than triple the countrywide average of 3.5% gains.
Home lending restrictions to ease from January
Home lending restrictions to ease from January
Home lending restrictions are to ease from January next year.
First home buyers could get break on LVR rules
First home buyers could get break on LVR rules
The tough lending rules that set deposit levels for home buyers could be relaxed this week in response to a flattening property market, although economists warn the Reserve Bank will move cautiously and keep a close eye on debt.
Letting fees replaced by 'tenancy fees'
Letting fees replaced by 'tenancy fees'
Property managers are making up for a ban on letting fees by introducing a new charge for landlords.
Record median house prices in Otago, Dunedin
Record median house prices in Otago, Dunedin
Southern regional median house prices have taken off again, Otago and Dunedin hitting record prices of $480,000 and $430,500 respectively.
Market edges closer to a buyer’s
Market edges closer to a buyer’s
House-price growth may have peaked across much of the country as the housing market edges closer to becoming a "buyer’s market", ASB chief economist Nick Tuffley says.
Real estate industry warned: Agent hit with $35k penalty
Real estate industry warned: Agent hit with $35k penalty
A real estate agent who sold a Wellington home with rot and "bogged" weatherboards has been ordered to pay $35,000 by the industry's disciplinary tribunal after the owner suffered losses of more than $200,000.
Fewer house sales to foreign buyers
Fewer house sales to foreign buyers
There does not appear to have been a surge of foreign house buyers trying to get into New Zealand's housing market, before new rules disqualified them.
Criticism over new KiwiBuild buyers' suitability
Criticism over new KiwiBuild buyers' suitability
Everyone in New Zealand is entitled to having an opportunity of home ownership, the current Government says.
Landlords want new three strikes rule to evict tenants
Landlords want new three strikes rule to evict tenants
New Zealand's 1.5 million tenants in the country's 546,000 rental properties could be subject to a new three strikes pre-eviction policy under a proposal from the country's largest landlord group.
MPs back ban on tenant letting fees
MPs back ban on tenant letting fees
A ban on letting fees for tenants could be in place as early as December to protect renters during the peak summer period.