Arguably Queenstown’s most prominent lifestyle property is on the market.
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’s unwelcome status as a city where housing is ‘‘severely unaffordable’’ has wide-ranging implications for both private home buyers and investors.
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.
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.
Economists are warning of three major factors that could influence New Zealand's housing market this year.
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.
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.
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.
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.
Property managers are making up for a ban on letting fees by introducing a new charge for landlords.
Southern regional median house prices have taken off again, Otago and Dunedin hitting record prices of $480,000 and $430,500 respectively.
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.
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.
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.
Everyone in New Zealand is entitled to having an opportunity of home ownership, the current Government says.
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.