Foreign buyer data questionable and New Zealand land tax idea scrappped

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The New Zealand housing market dipped in April [2016] with the national median price declining by 1 per cent compared to the month before. New figures released by the Real Estate Institute of New Zealand showed the median house price across New […]

Auckland needs 25,000 homes

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It was a long, hot March in the property sector. The Real Estate Institute says more than 8800 properties changed hands across the country during the month, a massive 20 per cent up on the same time a year ago and the highest March figure since 2007 — the peak of the last property boom.