Latest from Property Investment
Real estate slump continues
New figures show January house listings slumped to the lowest level in four years.
Property market down in December
Property prices and sales slumped in December, with soft prices predicted to continue this year. Economist Chris Tennent-Brown said it would remain titled in favour of buyers.
Property values keep falling: QV
Property values continued to fall during December, but the rate of decline has slowed, indicating that values are beginning to stabilise.
Rogue exec walks free as Millennium settles China rorts
A rogue exec working for a Chinese company part owned by the Millennium & Copthorne Hotels has escaped prosecution for unauthorised property sales which appear likely to leave the NZX-listed hotelier out of pocket.
Mark Hotchin hot and bothered in luxury hideaway
Mark Hotchin is living a life few Kiwis could dream of, despite a court order freezing his NZ assets.
Andrew Krukziener bankrupt
Metropolis developer Andrew Krukziener has been bankrupted after surrendering to Inland Revenue's $6 million application.
Westin Qualmark rating pulled
One of New Zealand's top hotels, the Westin has been stripped of its Qualmark licence as a bitter battle between unit owners and the receiver of the hotel's management company continues.
May Wang loses IRD fight as bankruptcy looms
Failed property developer May Wang's attempt to avoid bankruptcy in the Auckland High Court has been rejected after the IRD objected to a creditor repayment plan.
QV property stats out - is the slump over?
NZ property values are beginning to stabilise, but are still 5.6 per cent below the market peak in 2007.