New Zealand$1.2m - with loo floor holeA rundown three-bedroom Auckland villa with a large hole in the toilet floor and watermarked ceilings has sold for $1.2 million.01 Sep 05:30 PM
Banking and financeLow deposit cap could open up marketThe boss of an Australian non-bank mortgage lender says the pending cap on low deposit bank lending could be a catalyst for opening up the market to non-bank lenders.01 Sep 05:30 PM
New ZealandDo-up dream slips from buyerJason Rathgen is getting desperate - he sought pre-approval for a loan with a deposit of less than 20 per cent.27 Aug 05:30 PM
Banking and financeRush on for loan approvalProspective home buyers have been rushing to get pre-approval for loans with less than a 20 per cent deposit before new regulations are brought in.27 Aug 05:30 PM
Banking and financeFinance firm boost tippedFinance companies could make a comeback in the wake of the Reserve Bank's clampdown on low deposit lending by banks.26 Aug 05:30 PM
New ZealandCouncillors set to reject density rulesA controversial proposal to allow developers to build unlimited density housing in much of suburban Auckland is set to be rejected by Auckland councillors this week.26 Aug 05:30 PM
Banking and financeCup of water on NZ's red-hot property marketExperts say tighter mortgage lending rules will only a partially ease house prices, writes Jamie Gray.25 Aug 05:30 PM
New ZealandHot house market's a bonus for showThe four homes made famous by <i>The Block</i> last year could be worth 10 per cent more than what they sold for in today's skyrocketing market, says a real estate agent who marketed one of the properties.22 Aug 05:30 PM
Official Cash RateExemptions lift home chancesThe widespread assumption that most first home buyers will be shut out of the housing market by the Reserve Bank's curbs on low-deposit home loans may be too swift.22 Aug 05:30 PM
OpinionBrian FallowBrian Fallow: Wheeler batting on sticky wicketNow that we know what the Reserve Bank is doing by way of curbs on low-deposit mortgage lending the question is whether it will work, writes Brian Fallow.21 Aug 09:30 PM
Banking and financeBanks to 'cherry pick' loansNew loan restrictions mean the "poor middle-class" hoping to buy their first home will be left out in the cold as banks cherry pick their ideal customers.21 Aug 05:30 PM
EconomyCurbs unlikely to stop house hikesNew controls on mortgage lending, which increase the deposit required to secure a home, will shut more New Zealanders out of the market, economists say.20 Aug 05:30 PM
Banking and financeNew mortgage restrictions from RBNZReserve Bank Governor Graeme Wheeler said banks will be subject to restrictions on high loan-to-value ratio (LVR) housing mortgage loans from October 1.20 Aug 03:50 AM
BusinessIwi pushing boundaries on housingNgati Whatua o Orakei is working on big plans for 230 residential properties on 25ha of Auckland, spread throughout the North Shore's Bayswater and Belmont areas.19 Aug 05:30 PM
BusinessFormer Navy land set for developmentNgati Whatua might develop up to 100 residences on its 4.2ha Wakakura block near Devonport.19 Aug 05:30 PM
OpinionDiana ClementDiana Clement: Make sure your house is valued properlyHome insurance policies have been rewritten thanks to Canterbury quakes - and not in policy holder's favour.18 Aug 10:30 PM
OpinionBrian RudmanBrian Rudman: Founder's great gift may need rethink"Each time there are flurries of outrage from groups of tenants facing a 21- year land rent review, my first thought is, what did they expect?" writes Brian Rudman.18 Aug 05:30 PM
New ZealandSold - for $1m over CVA four-bedroom home in Epsom has sold for more than $1 million - or 82 per cent - above valuation.18 Aug 05:30 PM
New ZealandSuperstition works out for buyersCouple snag Morningside home, believing the number 4 put Chinese competition off.18 Aug 05:30 PM
New ZealandHammer falls on errant agentsThe list makes for alarming reading - real estate agents forging signatures, bad-mouthing properties for sale and giving false or misleading information when they were under investigation.16 Aug 05:30 PM
OpinionPeter Bromhead: Housing bubble ready to burst?The latest KiwiSaver changes to assist first-home buyers appears to be a small band-aid, compared with a capital gains tax, writes Peter Bromhead.15 Aug 09:30 PM
ConstructionGovt's new house affordability stepThe Government fired another shot in its battle to control rising house prices yesterday, announcing law changes it says will curb charges levied by local authorities on developers for providing infrastructure such as roads and sewerage to new subdivision15 Aug 05:30 PM
ConstructionWilliamson: Bulk homes the futureNew Zealand buildings including houses will increasingly be manufactured in bulk in factories and assembled on site, and the consenting process will have to change accordingly, says Building and Construction Minister Maurice Williamson.15 Aug 05:30 PM
EconomyHousing loan restrictions a step closerThe Reserve Bank has moved a step closer to curbing the low-equity housing loans that banks can make.13 Aug 05:30 PM
BusinessDeck battle turns into nightmareCross-lease property dispute escalates into costly legal stoush and ruling to demolish illegal structures.12 Aug 05:30 PM
New Zealand18.6% rates rise outrageThe council has promised to cap rates rises at 10 per cent, but some confused residents have seen their bills leap by almost twice that.12 Aug 05:30 PM
OpinionEditorial: National's home plan no silver bulletMost first-home buyers will find the Government's new plan to ease their burden less compelling than Labour's plan to build 10,000 affordable houses.12 Aug 05:30 PM
New ZealandRates payment upgrade two years awayIt will be another two years before Auckland Council has a single direct debit system for rates, making life difficult for some ratepayers in the meantime.12 Aug 05:30 PM
Banking and financeHouse prices down, sales upHouse prices dipped last month, says the Real Estate Institute, but the number of properties changing hands was up more than 10 per cent from the month before.11 Aug 11:00 PM
New ZealandRates a shock for hard-hit AucklandersAucklanders' rates bills have arrived in letterboxes and the figures have come as a shock to some homeowers who have seen rises of 10 per cent.11 Aug 05:30 PM
New ZealandHouse dream or nightmare?A newborn baby and now for the first home - except things are not so straightforward in Auckland's heated property market.11 Aug 05:30 PM
OpinionPeter Lyons: Housing policy foundations built on hearsay, prejudiceHouse price inflation creates no new output and few jobs. It consigns young first-home buyers to a life of debt servitude, writes Peter Lyons.11 Aug 05:30 PM
