The Real Estate Institute of New Zealand (REINZ) today announced the appointment of Bindi Norwell as its new chief executive.

Moves to severely restrict lending to property investors with less than 40% equity will make life easier for experienced landlords, it has been claimed.

Bidding was fast and competitive for a large family home generating an income at a Rotorua auction.

Auckland residential property prices have lost their upward momentum, according to latest figures from Barfoot and Thompson.

It’s been named the fastest growing region in the country but it’s not just sun, surf and sand making Tauranga attractive.