A rental platform described as the "eBay of renting" has confirmed plans to come to New Zealand.

New data from QV shows it is now regional New Zealand where homeowners are making the quickest capital gains on their properties.

Auckland has lost its title as the least affordable place in New Zealand to buy a house.

The Reserve Bank has warned New Zealand's house prices could resume the recent rise as supply shortages continue.

Soaring property prices have helped to lift New Zealanders' combined net worth to just over $1.39 trillion. That figure, calculated at the end of March 2015, was up 9 per cent on the year before, Statistics NZ said.

Auckland property speculators are banking $70,000 profit on average from each house sale - despite a home sales test introduced by the Government.

The Reserve Bank will release its latest decision on the official cash rate (OCR) at 9am on Thursday, with economists expecting no change.

When you are in the market for a house - especially for the first time - it can be easy to feel as though you are on the back foot.

House values in Nelson's most "affordable" suburbs are increasing faster than anywhere else in the region, new figures show. The central Nelson suburb of Toi Toi has seen the greatest rise in house values over the past year, followed by Tahunanui and Nelson South.

The roof is no longer attached to the walls, and the backyard is overrun with weeds, but this central Wellington bungalow is attracting plenty of would-be buyers, despite a current rateable value of $540,000. Interested buyers cannot even look inside the 1930s three-bedroom house in inner-city Mt Cook, after Wellington City Council deemed it was dangerous and earthquake-prone late last year.