The housing market has started to simmer again.

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 has cut its 2 year fixed mortgage rate to 6.59pc, to try and spice up housing demand.

A real estate agent must pay $1500 and undergo ethics training after replacing a private 'for sale' sign with one of his own.

Adri Noom has been told the proposed Puhoi-to-Wellsford highway route runs right through his house near Warkworth.

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.

A former Auckland Barfoot & Thompson real estate agent has been found guilty of mortgage fraud totalling $13 million.

REINZ has reported 3903 properties were sold last month - the lowest October total since its records started in 1992.