LVR rules not working: Harcourts Provisional data from New Zealand’s largest real estate group Harcourts for the month of February shows there is continued pressure on the housing market in Auckland and Northland. The group said its average sales price had reached $644,613 – up 13% on the same time last year. 05-03-2014 more >>
Buyers working around rules: Harcourts Banks are willing to turn a blind eye to borrowers who use personal loans from other lenders to pull together their deposits, says Harcourts chief executive Hayden Duncan. 22-01-2014 more >>
All systems go for property investors Low interest rates, poor returns from other investments and improving housing market sentiment have created a psychological ‘go' trigger in the minds of property investors, according to BNZ economist Tony Alexander. 28-05-2012 more >>
Sales up almost 20%, led by surge in auctions The New Zealand real estate market is climbing out of the doldrums, with September written sales up 19.8% on the year earlier, according to Harcourts. 12-10-2011 more >>