New Zealand’s residential property borrowing environment is set to blow wide open with the news that LendMe has received New Zealand’s second peer to peer (P2P) lending license.

Following a decrease of 4.2% ($20,000) from March, the national median house price is now $455,000, according to the latest Real Estate Institute of New Zealand data.

ANZ and Westpac are the latest banks to predict that the Reserve Bank will cut the Official Cash Rate (OCR) this year.

Growing numbers of people don’t think it’s a good time to buy a house – particularly in Auckland - while a majority expect house prices to increase further, according to a new survey.

ANZ is the latest cab off the bank rank to predict that the Reserve Bank will cut the Official Cash Rate (OCR) this year.

New, more targeted regulations for earthquake-prone buildings are a win for commercial property owners and businesses.

It’s not often that tax becomes a topic of hot discussion but – thanks to Auckland’s housing market – dialogue around property taxation is getting heated.

Ministers announced today that state houses in Tauranga and Invercargill will be going on sale as part of the government’s social housing reform programme.

Auckland’s average residential property price has increased by 13.5% (or $95,679) over the last year, while listings have fallen since March, according to the latest Barfoot & Thompson data.

Some big Chinese banks are starting to set up shop in New Zealand, but what could that mean for the residential mortgage market?

Rapidly rising Auckland residential property values mean that, when adjusted for inflation, the city’s values have increased by 14.5% over the past year and are now 27.0% above the 2007 peak, new QV data shows.

The number of residential building consents rose considerably in March 2015, but the overall trend has flattened, according to new Statistics New Zealand data.

The Reserve Bank surprised no-one with its announcement this morning that the Official Cash Rate would remain unchanged at 3.5% - and that it was not considering rate increases.

Introduction of a capital gains tax is not on the agenda, but increased resources for the IRD to investigate property deals under the existing tax legislation is, according to Finance Minister Bill English.

Debate over the pros and cons of introducing a warrant of fitness for private rental properties has roared into the spotlight after a ministerial visit to Christchurch.

With the Reserve Bank’s next Official Cash Rate (OCR) announcement due on Thursday, a mortgagerates.co.nz survey of economists reveals many believe a downward bias is creeping into the RBNZ’s thinking.