House sales worst in 18 years
House sales plummeted last month to their lowest level in nearly two decades, says the Real Estate Institute of New Zealand (REINZ).
Property
Plan for five-lot subdivision
An Arrowtown-based trust has applied for resource consent for a five-lot subdivision in Arrow Junction Rd.
Retired landlords hit hardest
Residential landlords who are retired could be hit hardest if tax changes floated this week are enacted.
Aaron Quintal, a tax director for Ernst and Young, calculated that a wage and salary earner would suffer less than a superannuitant under the proposed changes.
Ending property depreciation recommended
Otago house prices recover to '08 level
After months of real estate gloom and turmoil, Otago house prices are back where they were 12 months ago.
Otago property prices down at end of 2009
Another new year, another change for the New Zealand property market.
Real estate agent numbers fall 20%
The number of real estate agents in the South has plummeted by 20% in the past two years as the property market tightened and potential commissions disappeared.
Property up $5 billion in South
The latest Southland District Council property valuations show the value of property in Southland has increased $5 billion in three years.
Real estate 'stabilised'
Queenstown's real estate market statistically had shown itself to have "generally corrected and stabilised", Real Estate Institute of New Zealand (REINZ) Queenstown media spokesman Adrian Snow said