News articles

Rebound in house building hits a wall, figures show

30 Jan 2010: House construction's rebound has taken a reverse swerve. read more >>

Terralink reports record mortgagee sales for 2009

28 Jan 2010: Terralink has reported there were a record 3,024 registered mortgagee sales in 2009, up from 1,303 in 2008 and 475 in 2007 as forced sales spread from failed property developers to owner-occupiers. read more >>

Demand for new houses drives up consents

15 Jan 2010: Consents to build new dwellings continue to recover from their trough in March last year but issuance is still running at only about three-quarters of the levels prevailing during the housing boom. read more >>

Unit owners join forces over rent

14 Jan 2010: Overseas investors owed rental income on rooms in Wellington's $100 million Holiday Inn are joining forces with a New Zealand group to try to get their money back. read more >>

House prices end year only 4.9pc off late-2007 peak

11 Jan 2010: Nationwide house values ended 2009 just 4.9 per cent below the late-2007 peak, having been as much as 9.6 per cent below the peak last April, QV's residential index for December shows. read more >>

House prices end year only 4.9pc off late-2007 peak

11 Jan 2010: Nationwide house values ended 2009 just 4.9 per cent below the late-2007 peak, having been as much as 9.6 per cent below the peak last April, QV's residential index for December shows. read more >>

Houses more affordable - but it may not last

8 Jan 2010: More affordable homes are driving enthusiasm in property sales, but experts warn the relatively cheaper housing may not last. read more >>

Quality farms 25pc cheaper last year, says MyFarm

6 Jan 2010: Farm investment company MyFarm says it was able to find high-quality properties for up to 25 per cent less for stock and land last year than during the dairy boom in 2008. read more >>

Big range of calls on house market

5 Jan 2010: Stable, depressed and rising - that's the spread of predictions for the housing market in 2010. The fortunes of the sector, estimated to be worth $500 billion, are of more interest to New Zealanders than any other business because we have so much of our wealth in housing. read more >>