The Real Estate Institute says only 3,252 houses changed hands in January, beating the previous record low of 3,666 in January last year. 11-02-2011 more >>
People desperate to rent property in central Auckland should treat their dealings with estate agents like a job interview, estate agencies warn. 08-02-2011 more >>
The rental market – particularly in Auckland – has been bucking the trend of falling prices and low sales as “a whole new generation of renters have left home ownership behind.†08-02-2011 more >>
Christchurch and Nelson are the only places to have seen residential property values increase on last year, according to the latest QV Residential Property update. 08-02-2011 more >>
Despite falling house prices and sales, Kiwi’s love affair with rental property remains intact as it is rated the second best bet for investment returns behind term deposits. 07-02-2011 more >>
The black clouds of widening house affordability look like having a silver lining for landlords as a whole new demographic, priced out of home ownership, moves into private rental accommodation. 04-02-2011 more >>
A low level of sales activity in the Auckland housing market was bucked by an active rental sector, according to Barfoot & Thompson. 03-02-2011 more >>
There is a particular risk that has showed up recently and that is building a property portfolio in a single area. The recent events such as the Christchurch earthquake and the Queensland floods have caused huge problems for the local populations and even loss of life. These natural disasters have also caused many problems for property investors and their tenants in both areas. These problems will have been especially bad for investors who had all their properties in the one area. 01-02-2011 more >>
Tax changes are "essential" to remove the distortions that favour housing as an investment over basic savings products, according to the Savings Working Group report. 01-02-2011 more >>
December saw a further pick-up in recorded house sales, however this comes from a very low base and mortgage lending remained flat, according to the latest ANZ Property Focus. 31-01-2011 more >>
Home-owners can be confident floating mortgage rates won't be rising for some time following Reserve Bank governor Alan Bollard's expected decision to keep interest rates on hold. 27-01-2011 more >>
Despite stabilising, the housing market "remains very fragile and unlikely able to withstand rate increases for some time, particularly as house prices continue to decline," said ASB economist Nick Tuffley. 27-01-2011 more >>
Rental vacancies remain low in Auckland while Wellington is suffering, and across the country vacancy rates are double the level of last year as house sales continue to dawdle, according to First National Group. 25-01-2011 more >>
Housing in New Zealand is "severely unaffordable", with property in Auckland and Tauranga less affordable than New York, according to new research. 24-01-2011 more >>
The Kiwi dream of owning a home is long out of sight for many people, and now the chances of even renting a quality house are fading fast. 23-01-2011 more >>
Buying a house this year is “fundamentally a good idea†as inflation looks set to rise around the world, according to Tower Investments chief executive Sam Stubbs. 21-01-2011 more >>
Auckland suburbs Remuera and Takapuna/Milford have seen rents for three bedroom properties increase by 25% over the past year, while rents for a one-bedroom property in Birkenhead have fallen 47% over the same period. 20-01-2011 more >>
The September 4 earthquake that struck Canterbury left over 95% of properties with no significant damage, according to a QV assessment of the regions property market. 18-01-2011 more >>
Weak demand for property prompted falls in residential house prices over 2010, and tax measures preventing property investors offsetting their losses against income and other taxes saw real estate demand fall considerably, according to JP Morgan economist Helen Kevans. 18-01-2011 more >>
House sales volumes were down across all regions in December and the median price also fell in all but three main regions, according to the Real Estate Institute. 18-01-2011 more >>
December saw both residential property values and sales slide from November, though both market activity and median prices remained up on figures from earlier in the year, according to the Real Estate Institute (REINZ). 18-01-2011 more >>
Residential property values continued to decline across the country in December, with values 0.9% below the same time last year, according to the latest QV Residential Property Market update. 13-01-2011 more >>