Latest from Investment

Property market 'sluggish'
The NZ property market continues to be 'dormant', according to a monthly real estate industry report.

$5 billion Manhattan property deal collapses
It was the most expensive residential property deal ever. It was among the most controversial. And now it is the most disastrous.

Line search for multi-millionaire Rockefeller ended
Police have called off the search for missing multi-millionaire and former Brierley executive Herman Rockefeller in the area where his car was found.

Missing millionaire was top Brierley exec
Herman Rockefeller, the businessman at the centre of a missing person mystery in Australia is the former chief financial officer of Brierley Investments, based in New Zealand.

Homes out of reach for many NZers - report
Auckland is fast catching Queenstown again as the least affordable region in New Zealand.

Housing market under pressure
House prices have hit an all-time high but economists remain sceptical, saying higher mortgage interest rates are dampening the market.

House prices up, but sales slow
House prices rose a modest 1.4 per cent in December, but ended the year nearly 10 per cent up from the year before.

House prices end year only 4.9pc off late-2007 peak
Quotable Value figures show a dramatic and unexpected turnaround in property values in the past 12 months.

Provinces to pick up in 2010 - real estate expert
Harcourts CEO has predicted a marked improvement in property prices in provincial and coastal areas in 2010.

Elite address club carries $3m price tag
An elite number of homeowners shelled out over $3m for new homes in the past year, despite being in the midst of a credit crunch.

Houses in Auckland less affordable
Home loan affordability worsened in Auckland and Northland for first home buyers last month.

Auckland house prices up 12pc in November
House prices across New Zealand rose a slim 0.2 per cent in November, says the Real Estate Institute, but those in Auckland have soared nearly 12 per cent over the past year.

Eateries flavour of month at auction
Cafes and restaurants prove irresistible to smaller investors.

Sheppard admits he got it wrong
Hanover Finance has returned fire on the Shareholders Association's Bruce Sheppard.

Blue Chip apartments on the block today
Victims of property investor Blue Chip and those disenchanted with paying high leasehold fees are offering units for sale today.

Devonport leads in house price see-saw
Two years on from the heady days of 2007, Devonport has weathered the property bust better than anywhere else in Auckland.