Property

The tenancy dispute-resolution service is drowning in AI-generated claims because tenants are using it to submit grievances running to hundreds of pages, containing nonsensical legalese and seeking unrealistically large compensation

The tenancy dispute-resolution service is drowning in AI-generated claims because tenants are using it to submit grievances running to hundreds of pages, containing nonsensical legalese and seeking unrealistically large compensation

QV says average NZ residential property values down 1.5% over the three months to the end of July

QV says average NZ residential property values down 1.5% over the three months to the end of July

Residential auction activity at its lowest level since August 2023

Residential auction activity at its lowest level since August 2023

Realestate.co.nz says vendors need to price their properties to meet the current market rather than hold out for 2021 prices

Realestate.co.nz says vendors need to price their properties to meet the current market rather than hold out for 2021 prices

Latest building consent figures suggest a move towards building cheaper commercial properties

Latest building consent figures suggest a move towards building cheaper commercial properties

Barfoot & Thompson's sales dipped lower and prices moved sideways in July

Barfoot & Thompson's sales dipped lower and prices moved sideways in July

More than 40,000 new homes consented in year to June, up 19% on previous year

More than 40,000 new homes consented in year to June, up 19% on previous year

42% sold at the latest residential property auctions

42% sold at the latest residential property auctions

House buyers hold the balance of power when it comes to pricing, Cotality says

House buyers hold the balance of power when it comes to pricing, Cotality says

ANZ report says housing market softened mid-year with investors particularly cautious

ANZ report says housing market softened mid-year with investors particularly cautious

New home volumes being completed in Auckland are almost back to where they were four years ago before the recent residential construction boom

New home volumes being completed in Auckland are almost back to where they were four years ago before the recent residential construction boom

Although it fell year-on-year, New Zealanders were still charged $4.8 billion of interest on residential mortgages in Q2 this year

Although it fell year-on-year, New Zealanders were still charged $4.8 billion of interest on residential mortgages in Q2 this year

New Zealand has a $2.5b building defect problem. Will self‑certification make it better or worse?

New Zealand has a $2.5b building defect problem. Will self‑certification make it better or worse?

Just over half the mortgages approved to first home buyers in June were low equity loans

Just over half the mortgages approved to first home buyers in June were low equity loans

First home buyers may be in a sweet spot with the REINZ's lower quartile selling price now lower than it was five years ago

First home buyers may be in a sweet spot with the REINZ's lower quartile selling price now lower than it was five years ago