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Property

Latest News

Home unit sells for $730,000

Home unit at Eastern Beach gets $730,000 but lakefront property at Gulf Harbour sells for just $345,000 at latest Bayleys auctions

Apartments sell for well below original purchase price

There were plenty of buyers for apartments that sold below their original purchase price at latest Ray White City Apartments auction

NZ GDP rises 1.0% in Sept qtr

Updated
GDP rose 1.0% in Sept qtr; slightly stronger than expected; farming and oil exploration grew strongly; GDP up 3.2% from year ago; Previous years revised down

Bernard's Top 10 at 10

How the boomers pulled up the ladder on the young; Of black swans, oil and the rubble of the rouble; America's dis-inflation shock; Clarke and Dawe; Dilbert

Leasehold apartment doubles in price

A leasehold unit at Viaduct and a unit in the Quadrant Hotel attract competitive bids at City Sales auction

Auckland home building rates slide vs rest of NZ

Auckland is falling behind the rest of NZ in home building and home ownership rates, but increasing its share of overcrowded housing stock

Barfoots sells all 3 at mortgagee auction

A Waiuku house sells for $235,000, a house linked to a drugs case sells for $1.715 million and a leasehold unit at Viaduct goes for $160,000 at mortgagee auction

Treasury forecasts deficit in 2014/15

Updated
Treasury forecasts NZ$572 mln OBEGAL deficit for 2014/15; surplus of NZ$575 mln in 2015/16; English says will get to 2014/15 surplus anyway; 'won't slash and burn' to hit target

Harcourts sales up in November

Harcourts' November sales surged in Auckland but have eased in Christchurch as more new homes come on to the market

Home loan affordabilty drops sharply

Housing became much less affordable in November as prices rose, according to Roost Home Loan Affordability report 

Property charts