Auckland house prices at two-year high
Auckland house prices edged up 1 percent last month from October to a 23-month high average of $550,217, real estate company Barfoot & Thompson says.
Property
South Island properties auctioned for $5.7 million
Rumours upset Dunedin developer
Real estate 'mini-boom' rubbished
Real estate group First National is rubbishing talk of a property market "mini-boom".
Central Otago property bogged down
Homes are selling briskly in Otago as house prices rise but the separate Central Otago market is bogged down and the slowest in New Zealand, latest figures show.
House sales show 10% rise
House prices rose 1.9 percent last month and the number of sales shot up 10%, based on the Real Estate Industry of New Zealand's (REINZ) recently introduced price index.
Central Otago house prices plummet
Central Otago and Queenstown house prices have taken a hammering - with properties losing more than a quarter of their value - despite the real estate market improving elsewhere in the country.
Down side seen to rise in house prices
Property values in Southland and the Queenstown Lakes district have more than doubled in the past decade and an economist says while this could benefit some, it might not be good for economic progress.
Average home in Invercargill on the rise, nearing $500,000
The average home value in Invercargill increased by 3.9% last year to reach nearly $500,000. PHOTO: MATTHEW ROSENBERG
No rest for landlords while students away
Property owner Phil Seaton (front) and Steve Green wheelbarrow loads of fill at Mr Seaton's property in Castle St this week. Mr Seaton, who owns several student flats, says students are increasingly looking for well-maintained, clean and insulated flats.