Rising interest rates along with slowing migration and population growth could lead to a 12% fall in house prices by 2020, according to one economic forecaster.
Shocking stories of meth contaminated rental properties continue to strike fear into the hearts of landlords but progress towards a better regulatory regime is being made.
Average asking prices dropped in Auckland for the second month in a row in January, according to Trade Me Property’s latest data.
Vendors are on the move and want this sold so bring your offers forward.
This large sprawling home of 170m2 is a must see for family home buyers, investors, architects and builders.
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Ask an expert
Sell, invest or hold?
“We live in Hawkes Bay. Because of the hot property market at the moment we are looking at selling our rental property. It is freehold, valued at around $350,000 and returning $330 per week. We are both working and live in a rent free house on a farm. We are thinking we would like to buy a holiday home in Taupo and rent...”
Our expert Kris Pedersen responds »
Suspect damage claims
“I have a tenant who is vacating in a few weeks. They have now called and said there was some damage to the property (damage to roof eave near garage) caused by dogs or intruders (which they didn't see). When I inspected the damage it was obvious that the damage was caused by a moving truck backing down the driveway....”
Our expert Allan Galloway responds »
Property manager refusal
“We are in the process of terminating our agreement with our property manager as we believe he is not acting in our best interests. We are moving to another property manager. Despite several requests our current property manager refuses to supply us (as the owner) with a copy of the current tenancy agreement and contact...”
Our expert Bernard Parker responds »
See also: Residental Dwelling Sales statistics »