Property market commentators signaling the downturn “on the ground” may come to an end within the next six to nine months seems to be borne out by the latest Auckland data from real estate agency Barfoot & Thompson.

Inflation is eroding super payments and savings rapidly while costs are rising.

More than $2.62 billion of building work was consented in July, up 4.1% compared to the same month last year, despite the construction industry facing a slow-down.

Falling house prices are drifting closer to the depths of the Global Financial Crisis (GFC) in 2008.

The prevalence of property dealing in the life sciences and healthcare sectors has grown significantly over the past few years - and for good reason.

A Christchurch landlord, with 18 years’ experience, who called her tenant a “mongrel, loser, tattooed scum, stupid girl” and accused her of being a “prostitute” and “doing drugs” has been given an $8,810.44 short shrift by the Tenancy Tribunal.

The 8% fall in housing prices is probably the half way mark of the housing market’s predicted 15% fall by ANZ Bank.

Alongside a dramatic drop in investor mortgage lending, general housing confidence has fallen to a 13-year low.

The country’s house shortage is expected to be gone within the next 12 months, says Kiwibank’s economists.

As the pain of interest rate rises sinks in for property investors, the number thinking of buying an another property is yet again shrinking.

A key Government working group says a combination of a global fall in interest rates, the tax system, and restrictions on the supply of land for urban use were the main cause of higher house prices across the country over the past 20 years

More houses sold at a loss for the second quarter in a row, CoreLogic’s latest Pain & Gain report shows.

The Human Rights Commission wants an immediate freeze on rent increases and an increase in the accommodation supplement because of the cost-of-living crisis.

Building work across the country is expected to  steadily drop from a high of $50.9 billion last year to $41.7 billion in five years’ time.

Giving build-to-rent developers an exemption from the Government’s tax rules removing interest costs as a tax deduction discriminates against ‘mum and dad’ investors, says the Property Investors Federation.

The first annual fall in REINZ’s House Price Index in 11 years might seem a shock, but it means house prices have only fallen to levels seen in May last year, says Kiwibank’s economics team.