Asking prices in Auckland continue to decline while Wellington’s asking prices are still running hot, according to the latest Trade Me Property Price Index.
Confusion over what information landlords can ask for when selecting tenants should be eased by a new set of guidelines from the Office of the Privacy Commissioner (OPC).
Investors looking for future growth hotspots should keep an eye on the “Hamilton-Auckland Corridor” after New Zealand’s first urban growth partnership was signed on Thursday.
Enquiries Over $549,000
Secluded privately on a back section, your peaceful and perfect family home awaits. Fastidiously renovated by our vendors to ensure comfort, convenience and quality that will be...
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Those predicting a property market crash might have to reconsider as the latest REINZ data reveals...
Almost half of Auckland first home buyers have mortgages that are over five times their annual income...
Advisers believe banks should adapt their servicing tests for borrowers after the Official Cash Rate...
Lack of affordability has long been a problem for New Zealand’s housing market, but a new report...
Ask an expert
“Our rental property has its original 1980’s wallpaper which is now crumbling off the walls and looks horrendous. There are big peeling patches and curling seams - the works. We’d like the landlord to fix this. Are they “necessary” repairs or cosmetic? The state of the walls has deteriorated since...”
Our expert Bernard Parker responds »
Provisional tax on sold rental
“I owned a rental property which has now been sold. It is not subject to tax since it was outside of the bright line test and not purchased for resale. The tax on it was around $3,600 a year so I've been paying provisional tax. It sold at the end of April so one month into the next tax year. Do I have to pay another...”
Our expert Mark Withers responds »
Invest or pay mortgage?
“My wife and I were lucky enough to ride the wave in the very buoyant Bay of Plenty property market a few years back with a couple of units. We ended up cashing in and brought our forever home. It has a CV of $1.2 million and our debt is $350,000. Since then we have been treading water as we have a new baby and my wife has...”
Our expert Kris Pedersen responds »
See also: Residental Dwelling Sales statistics »