News articles

Home building consents slump in July

31 Aug 2010: The seasonally adjusted number of new houses authorised in July, excluding apartments, slumped 5.3 per cent, Statistics New Zealand (SNZ) says. read more >>

Home building consents slump in July

31 Aug 2010: The seasonally adjusted number of new houses authorised in July, excluding apartments, slumped 5.3 per cent, Statistics New Zealand (SNZ) says. read more >>

Auckland property trends

26 Aug 2010: read more >>

ASB to offer controversial reverse mortgages

26 Aug 2010: ASB has announced it will be the first major New Zealand bank to offer asset rich but cash poor customers reverse equity mortgages. read more >>

A Valuer's Take on tax Changes

22 Aug 2010: read more >>

Harcourts' Latest Market Watch Business Update

20 Aug 2010: New Zealand property market commentators have been particularly active in recent weeks speculating about the future, with many talking about values dropping further. As our figures help to show though, across the country the market is performing considerably differently in the various locations and sectors and thus it's difficult to make generalisations and predictions. read more >>

Private sales losing their appeal

20 Aug 2010: Private selling may well be losing some of its lustre, as increasing numbers of people say they would turn to an agent to drive a sale in the current market. read more >>

Auckland least affordable area

19 Aug 2010: New Zealand home loan affordability improved in July by its biggest amount in 18 months to its best levels since September last year as fixed mortgage rates dropped and house prices eased, the Roost Home Loan Affordability report shows. read more >>

Falling prices paralyse investment in property

19 Aug 2010: People are less keen to become landlords and landlords are more wary of selling because of falling house prices, a survey suggests. read more >>

Lure of property is strong but it's not a sure bet

16 Aug 2010: Let's face it: property is the investment many Kiwis consider the best for preserving the value of their nest egg and generating money. read more >>

Offshore buyers first in

15 Aug 2010: Luxury properties including farmland and homes are being sold to wealthy foreign investors without being available to New Zealand buyers. read more >>

Property gloom is good news

14 Aug 2010: Three months have passed since John Key chickened out of taxing capital gains and as luck would have it, we are making progress. read more >>

House price fall of 4.1pc predicted in new report

12 Aug 2010: A report prepared by business researcher Infometrics is predicting house prices will fall 4.1 per cent by next June, affected by tax changes, cautious households, and the prospect of mortgage rate rises. read more >>

House sales drop to 10-year low

10 Aug 2010: The number of homes sold in New Zealand has plummeted to a 10-year low for July, with the housing market 'stuck in neutral' at best. read more >>

Support for tightening land sale rules

9 Aug 2010: Prime Minister John Key says he is concerned that New Zealanders could become "tenants in their own land" and that is why the Government is looking at overseas investment rules around land sales to foreigners. read more >>

Support for tightening land sale rules

9 Aug 2010: Prime Minister John Key says he is concerned that New Zealanders could become "tenants in their own land" and that is why the Government is looking at overseas investment rules around land sales to foreigners. read more >>

Property values continue slow decline

9 Aug 2010: read more >>

Steven’s Property Market Overview

5 Aug 2010: There’s still global economic uncertainty, perhaps that’s one of the reasons why the NZ$ has climbed to a 6 month high, which is great for the traveller and importer (fuel should drop in price). read more >>

Auckland property bucks trend

2 Aug 2010: The Auckland real estate market held up in a softening July property scene. read more >>

Prices down but property taking longer to sell

1 Aug 2010: Asking prices for properties are falling but they are taking longer to sell, figures released today show. read more >>