Queenstown businessman Graham Smolenski is in financial strife again, eight years after the collapse of his insurance company Western Pacific.
Housemart Queenstown has been named property management company of the year at the Leading Property Managers Association Awards, held in Auckland.
Real estate leaders say the sector must learn from the case of the Auckland agent who has lost an appeal to keep practising after being caught sleeping at a house for sale.
Fletcher Building has ridden a bullish New Zealand building market with a $350million turnaround in profitability for the year.
Much has changed since Metro Realty was established in the old Roslyn post office in Dunedin more than two decades ago.
Most New Zealand first-home buyers are borrowing from four to five times their pre-tax earnings, according to latest debt-to-income figures released by the Reserve Bank.
The average home in Otago will now cost you half a million dollars. You can add $700,000 to that if you feel like owning a house in Wanaka.
Auckland Council has approved high-level plans for up to 34,500 new houses around Drury and Pukekohe over the next 30 years.
The number of foreigners buying local houses has fallen sharply as restrictions on overseas ownership have hit.
Tenants will soon have to pay for any accidental damage they make to a rental property - rather than rely on landlords' insurance.
A Queenstown property has hit the headlines for achieving the highest sale price in the country this year, but its owner says he is going nowhere.
Average house values across the country have eased back during the past month, but several regional areas in the South remain in double-digit growth.
House sales across Dunedin, Central Otago and the Queenstown Lakes District picked up in May, as did median prices, which were up in a range from 8% to almost 19%.
‘‘Horrifying’’ house prices and a ‘‘ridiculously’’ small number of properties for sale is making Dunedin ‘‘a seller’s market’’.
Gains in national average house values are waning in the face of winter, but regional areas continue to go from strength to strength, some still hitting double-digit growth.
Southland shone through as the largest median house price percentage gainer around the country in April, as prices rose more than 22%, to a record $300,000.