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Real Estate Investar Blog

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Bidders bide their time as one section sells at new subdivision

The auction was to "test the market", but it was more for people "being nosy".

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NZ restricts farmland for foreigners

New Zealand's new Labour-led government is clamping down on the sale of farmland to overseas buyers in the hope of preventing a backlash to the "excesses of globalised capital", Associate Minister of Finance David Parker says.

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Council's revaluations 'frustrating' and 'inaccurate' - North Shore real estate agent

A leading real estate agent says Auckland Council's revaluation figures for homes across the region provides inaccurate information to buyers and sellers.

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Perfect storm forming against property investors

Have a look at the things the new Government will put on the table: the removal of the ability to offset losses against other income, changes to the Residential Tenancies Act, extension of the bright line rule to five years, the passage of the Healthy Homes Bill and – in time maybe – a capital gains tax.

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Slower growth and early spending plans could push Government borrowing higher

A fresh set of Reserve Bank forecasts will give the first new look at the spending landscape facing the new Government, which may well be softening.

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Industry, education, and Government working to meet skills shortage

Waikato and Bay of Plenty's building industry is approaching 2018 with confidence and significant work ahead.

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Buyers caught out by home loans falling through

Buyers are getting an unwelcome surprise when home loans they thought they had secured fall through just when they need them.

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Property investment: Auckland's average asking price hits $716k


The average asking price for an Auckland home reached a record $716,050 in March according to Trade Me's Property Price index.

While the national average asking price grew by around $40,000 over the last year, Auckland's had doubled that rate with a $85,300 rise.

This price puts a 20 per cent deposit at $143,210. 

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