In Auckland, $2 million can get you a rundown villa with no toilet. In Christchurch, a few million dollars might just net you an elegant 11-bedroom mansion with sweeping city views.
A family who was unable to provide evidence of their financial hardship faces the possibility of losing their home.
It may be too soon to say whether Dunedin’s red-hot residential property market is beginning to cool.
The Government is forecasting a significant slowing in house price growth in the coming years, after the New Zealand market's recent red-hot run.
New data has found a reduction in demand in nationwide housing valuations which could be the first signs of the housing market slowing.
For many, life in New Zealand's capital Wellington is largely back to normal. Its windswept streets are crowded with maskless shoppers and office workers, bars are packed and the economy is humming...
Home buyers appear to shrugged off the arrival of new loan to value ratio (LVR) rules as house prices soared again in March.
New Zealand's booming property market, at a time when other jobs are disappearing, has made real estate agents one of the country's 10 most popular jobs in 2020.
Interest in coastal properties in Dunedin is as high as ever despite warnings intense storms, increased floods and rising insurance premiums will batter owners’ bottom lines.
There are fears more people will be locked out of the New Zealand property market in the coming year, as house prices grew at a record rate for the second consecutive month.
New Zealanders spent $12 billion more buying housing this year than last year, pouring $60.8b in the heated sector.
Well-known Christchurch-born businessman and entrepreneur Mike Pero has exited his ownership of the real estate business which still bears his name.
Prime Minister Jacinda Ardern might have ruled out bringing in a capital gains tax, yet there is already a tax on the books that could do the job instead.
The Government is being accused of planning to introduce a capital gains tax by stealth, after Finance Minister Grant Robertson asked Treasury for advice on extending the brightline test.
Finance Minister Grant Robertson has taken a significant step in the Government's quest to address soaring house prices by lobbying the Reserve Bank to change its mandate.