Property values across NZ have fallen 1.4pc since March, with big city valuers reporting a lack of well presented, quality properties on the market.

Auckland house prices rebounded during September, after falling the month earlier, figures released by Barfoot and Thompson show.

Auckland and Queenstown have again been confirmed as having the most unaffordable housing for locals.

Nearly half a billion dollars of overseas funds has left the investment property market in New Zealand since 2008, says new research.

Auckland property developer David Henderson is seeking approval for a plan to pay his creditors in a bid to avert bankruptcy.

The real estate storm has seen prices fall by as much as 25 per cent.

Struggling Allied Farmers says it has settled the about $27m sale of stage two of Queenstown's Five Mile property development early.

One-time factory worker Zhang Xin rode China's property boom.

House prices in Auckland fell during August as the number of properties being listed continues to stall.

Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership.

A real estate agent who tampered with a sale and purchase agreement to increase her stake in a commission split has been fined.