House prices are roughly back to where they were a year ago. However, don’t expect a revitalisation of the housing market any time soon: the big slump in turnover suggests prices have further to fall before they find the market-clearing level.

Residential property sales across the country took a steep dive in June.

After plunging in April, new mortgage lending rose 20.4%, up $1.2 billion to $6.8b in May.

One of four property investors accused of deceiving banks and fraudulently obtaining millions of dollars in home loans has pleaded guilty.

Average home values across the country have dropped more than $52,577, down 4.9% since the beginning of this year, according to QV’s latest House Price Index.

For investors, facing a more heavily regulated market and the full force of inflationary pressures, buying is becoming harder and harder to stack up.

The number of houses being sold across Auckland has fallen dramatically to levels not seen since 2010 when the country was technically in a recession after the global financial crisis.

A big turnaround has hit the previously buoyant residential rental market.

Residential construction is close to topping out – if it hasn’t already –  in this housing cycle.

New Zealand is at the top of Bloomberg’s list of riskiest housing markets – those that are vulnerable to a price crash.

Just eight weeks away plans will be in place for huge residential intensification of Auckland, Hamilton, Tauranga, Wellington, Christchurch and Rotorua mainly through multi-unit development.

Banks are moving into offering incentives for investors and homeowners to switch when refinancing their mortgages as property sales plummet.

New build office development activity is ramping up in Auckland, Wellington and Christchurch, but is now the best time to proceed?

Mortgage rates are being pushed to new highs as ANZ, New Zealand’s biggest home loan bank, adjusts its rates.

Independent economist Tony Alexander says there are plenty of reasons for investors not to leave the housing market.

It was another bloodbath in the housing market during May, according to the latest REINZ market data.