Rising fuel costs may have contributed to the popularity of living closer to Auckland’s CBD.

Fewer houses were sold in Auckland in August while the average price rose from the previous month, according to Barfoot & Thompson, the city’s biggest real estate firm.

The latest NZ Property Investor magazine is out now, full of all the tips and tricks to keep your investments humming in these challenging times.

The Manawatu region is a major agricultural power, leading in beef production. Located half way between Rotorua and Wellington, the region combines the charm of rural New Zealand with the urban appeal of one of the country’s largest provincial cities – the university city of Palmerston North. Manawatu is also renowned as a science and research centre.

New Zealand’s biggest landlord, Housing New Zealand hopes to establish consistency and greater clarity for landlords on what grounds they can evict their tenants.

A $1 billion household energy efficiency fund has been announced by the government.

The Canterbury region has out-performed all other regions in terms of economic growth and stability over the last quarter.

Dr Fred Grosse, internationally recognised business speaker and author, is headlining the New Zealand Property Investors’ Federation conference, “Steaming Ahead”, in Rotorua in October.

The NZ Property Investor Magazine and Landlords are starting a regular survey to track how people are feeling about the residential property market.

The residential real estate market could be finally heading for an upturn, says Harcourts CEO Bryan Thomson.

Housing affordability is starting to improve although it still has a long way to go, according to the latest ANZ Property Focus report.

Lenders are continuing to tweak their rates downwards as they react to the cut last month in New Zealand’s official rate of interest and look forward to further falls.

New Zealanders are growing more optimistic about the housing market amid prospects for lower mortgage rates, according to ASB Bank.

This month’s real estate statistics hint we’re on the road to recovery. But a report from the BNZ this week says the latest numbers show we’re merely pulling back from an ugly brink, not facing the end of the downward slope.

Home loan rates are, like petrol prices, starting to head down. But like petrol, there is plenty of uncertainty about where prices are going and if they will settle down for a while.

The New Zealand residential property market staged an unexpected recovery in July – with the notable exception of Auckland, according to the Real Estate Institute of New Zealand (Inc).