'Get bargains near special housing areas'

Investors should snap up properties around the newly-announced special housing areas, one property commentator says.

Where is spring surge?

The usual surge in new home listings on to the market in August is noticeably weaker this year, Realestate.co.nz says.

Turnover down again in REINZ stats

Turnover continued to drop in August, the latest Real Estate Institute statistics reveal.

Meremere - Brick & Tile Entry Level Investment Close to Auckland

$185,350 Prices are low here, rents are creeping up, and being in such close proximity to the fast growing Pokeno area there is potential for growth in the near future. Rental Status of $270 p/w (including water),...
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Floating rates flat for seven more months

While the Reserve Bank is not indicating when it next expects to increase the OCR, markets are picking...

Interest rates on hold for some time

Economists’ predictions that the Reserve Bank would hold the official cash rate at 3.50% have proved...

Christchurch rents set pace

Christchurch is still leading the country’s annual rental price gains, the latest Department of Building...

Election affecting sales activity: Harcourts

New auctions and written sales were down significantly in August compared to the year before in Harcourts’...

Ask an expert

Moving debt around
“We have one mortgage that is split in two. One part is for the home we live in and the other part is for our rental. Our rental is under a partnership structure and we have just completed our first tax return. Our rental has increased $43,000 in the last year and the bank are happy to bring this equity across to reduce...”
Our expert Mark Withers responds »

Cancelled contract
“Hi, I have paid two weeks advance for a house rental and was supposed to move in. But about two days before the move in, I have cancelled it. The agreement was not signed and the contract was not discussed formally, with just a two-week notice expected from either party. Also it was supposed to be a weekly rental. How much...”
Our expert Alan Bruce responds »

Who pays for water tank repairs?
“If the water tank begins to crack and empties then who is responsible to fix and refill the tank? ...”
Our expert Juliet Robinson responds »

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