
Property values now 5pc below 2007
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.
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.
One of NZ's largest and most speculative property investment visions on leasehold land - Albany City Property Investments - is in tatters.
The Westin hotel is "making the best of a bad situation" as a dispute between the owners and receivers rumbles on.
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.
A common tactic used to lure buyers is causing longer sales cycles and more misery for owners, new research suggests.
The real estate storm has seen prices fall by as much as 25 per cent.
The real estate sector stayed gloomy in August, with sale numbers slumping and prices barely changed.
Two further trusts established by Allan Hubbard have been put into statutory management, Commerce Minister Simon Power announced today.
For many of us, Tokoroa is a place you drive through... quickly. But the timber town has heart, and house prices to make Auckland eyes water, writes Bruce Morris.
It’s a fairly laid-back sort of place, says Ashley Campbell.