The Government spends up to $6 million a day propping up New Zealand's private rental market.

If you wanted capital gains in the past year, a cheap part of Rotorua would have been your best bet.

Auckland could be headed for a multi-year shortage of new apartments after a bulge of new projects comes to completion next year.

Realistic buyers and sellers have the best chance of success in the current property market, one real estate agency says.

Auckland needs less talk and more action to solve its housing problems, one strategist says.

"I don't mind who builds them, just build them."

Tens of thousands of New Zealand landlords may be at risk of having to repay rent to their tenants if a Tenancy Tribunal decision sets a precedent.

A third of Bank of New Zealand's Wellington staff are moving to new offices, but the bank refuses to say if it is abandoning its former home on the waterfront.

A proposed $5000 rates remission for those building their first home in Wellington has received a mixed response from builders, who fear it will do little to boost the supply of new homes in the city.

An Auckland house marketed to first home buyers with a price tag of nearly $1 million is not unrealistic in the current market, experts say.