Latest fromResidential Property
House listings up but glut remains
There was 7.3pc increase in house listings last month, but a big glut of unsold real estate is still weighing heavily on the market.
Kiwibank cuts rates to spark quiet property market
Kiwibank has cut its 2 year fixed mortgage rate to 6.59pc, to try and spice up housing demand.
Real estate agent fined for dodgy sales technique
A real estate agent must pay $1500 and undergo ethics training after replacing a private 'for sale' sign with one of his own.
Highway threatens rural homes
Adri Noom has been told the proposed Puhoi-to-Wellsford highway route runs right through his house near Warkworth.
Scam victim left $600k in debt
A real estate agent who bought a $1.27 million home with a complete stranger was a victim of an elaborate property scam and has been left with a $600,000 debt.
Ex-agent found guilty of $13m property fraud
A former Auckland Barfoot & Thompson real estate agent has been found guilty of mortgage fraud totalling $13 million.
Record low house sales in October - REINZ
REINZ has reported 3903 properties were sold last month - the lowest October total since its records started in 1992.
QV: Property values slide in October
Property values continued their 'gradual decline' during October, and are now 5.5 per cent below the market peak of late 2007. QV's latest property value index shows values have been falling since March.