Winston wins Northland by-election

Updated
NZ First Leader Winston Peters wins Northland by-election with 4,012 vote majority; National will need Dunne, Maori or NZ First to pass RMA; Key's first loss

Is Otahuhu the next Grey Lynn?

The price of an Otahuhu house increases 74% in nine months

Apartments achieve gross rental yields of 5% to 6.6%

Latest results from Ray White City Apartments auctions - larger apartments prove popular.

RBNZ outlines risks of commercial property debt

Reserve Bank says commercial property carries $30 billion of debt in this country and is riskier for banks than residential lending

Housing affordable for first home buyers everywhere but Auckland

First home buyers should have no trouble being able to afford a house anywhere but Auckland - AMP360 Home Loan Affordability report

Banks playing safe on LVRs

Banks still sticking well under the 10% limit on high LVR lending despite the resurgence of the housing market

Bernard's Top 10

Will the maturing KiwiSaver money be leveraged up and pumped into rental property?; Diamonds aren't forever; Greece's April 20 brick wall; Clarke and Dawe; Dilbert

Leaky homes: The disease that won't go away

The leaky home/leaky building crisis appears far from over as new cases continue emerging and affected owners still battle for solutions

Harcourts latest auction results for 137 homes

See all the auction results for 137 homes throughout the country auctioned by Harcourts last week

English sanguine about record high NZ$

English says record high NZ$ good for consumers, but hard for exporters; won't press RBNZ for OCR cut; defends social housing reforms; concerned about NZ$1.2 bln Housing NZ repair bill

FAP! Is that it?

Govt's financial assistance package for leaky home owners, - where everyone gets a bargain, unless they own(ed) a leaky home

NZ hotels get revenue boost from higher occupancy

The hotel industry was on a roll in Auckland, Wellington and Queenstown last year but Christchurch went against the trend

Govt social housing policy under fire

Updated
Mounting opposition to Govt plans to sell off up to 2000 state houses after Salvation Army pulls out of negotiations to buy

$350K in Ellerslie to $3m at Omaha

A two bedroom home unit at Ellerslie went for $350,000 while a beach house at Omaha fetched nearly 10 times that at Bayleys latest auctions

Migration gains break all previous records

Updated
Net migration is now adding more than 7000 new residents a month to the country's population

Dairy farm prices keep steaming ahead

The rural property market remains buoyant with dairy farm prices particularly strong

Tamaki project frustration growing

Frustration growing over slow house-building progress at Govt's flagship Tamaki Redevelopment project with Council and Housing NZ at Glen Innes

Govt open to indexing tax thresholds

Government says open to ACT suggestion for indexation of income tax thresholds to CPI inflation to reduce 'bracket creep' that increases effective tax rates

Commercial properties sell at net yields of 6.8% to 8.4%

Commercial property prices started from $475,000 at Colliers latest auction - net yields ranged from 6.8% to 8.4%

Auckland house prices 'lost from sight'

BNZ chief economist sees little chance of regions catching up the Auckland house price rises during this economic cycle

Apartment prices ranged from $115k-$780k at latest auction

There was something for everyone at the latest City Sales apartment auction with prices starting at $115,000 for student shoeboxes

GDP growth fastest since 2007

Updated
GDP grew 3.3% in 2014; driven by retailing, tourism and real estate services; in line with forecasts; no change to OCR outlook; Price deflator down 1.6% in 6 mths

Key denies Auckland housing crisis

PM says no housing crisis in Auckland; says Govt 'getting on top of it' despite MBIE analysis showing measures not improving 20k shortage; Little says Key out of touch

Meth: the pandemic infecting the property market

How to avoid P-ridden properties burning holes in your pockets; Will property owners be legally obliged to disclose contamination in LIMs?

Rents on Trade Me Property eased in February

Rents on Trade Me Property dropped back slightly in Auckland and Wellington in February but were flat in Canterbury