Property prices impact on S&P’s assessment of NZ banking sector

A plunge in property prices is a key risk factor for banks in New Zealand, according to a new report from Standard & Poor’s.

Warning for landlords in huge Harcourts fine

The Timaru District Court has handed down a hefty fine to Harcourts Timaru for rental property safety failings – leaving an investor advocate to urge caution on the part of landlords.

Regional Review - West Auckland

The Queen City’s simmering property market and improved roading is transforming West Auckland into an attractive investment area.

Rotorua - Rare Opportunity for Dual Income with Potential to Add Value

$251,270 Twin brick units on separate titles are rarely found deals in Rotorua. This block was on the market for two days and was under multi-offer immediately. We have managed to claim it for a short time on behalf...
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Auckland’s landlord friendly market situation to continue

Landlords in Auckland are benefitting from strongly performing asking rents, according to the latest...

Rental market favours landlords

Times are good for landlords: High demand across all market sectors means that asking rents are on the...

OCR unchanged – but housing market remains hot topic

The Reserve Bank has left the official cash rate (OCR) at 3.5% and maintained a neutral stance in...

What the Reserve Bank said

Here is what the Reserve Bank's governor Graeme Wheeler had to say about interest rates and the economy...

Ask an expert

Cancelling property management contract
“Can I cancel a property management agreement without notice if I am unhappy with the service? ...”
Our expert Bernard Parker responds »

Verbal agreement broken
“We had a verbal agreement with our landlord that he would replace carpet that has black mold (there is photo evidence that it exsisted pre us moving in). It was agreed when we moved in six months ago but he has not done anything about replacing it. He claims he can't get a tradie to lay new carpet. What can we...”
Our expert Alan Bruce responds »

Recommendations for next step
“We have $400,000 equity in our personal property and $150,000 in our rental (in a LTC). We are trying to decide if we should sell our personal property and buy something with a lower mortgage or to keep our current property and loan our equity to the LTC to purchase additional rental properties? Any recommendations...”
Our expert Kris Pedersen responds »

Data Section

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See also: Residental Dwelling Sales statistics »

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