As the Reserve Bank raised the Official Cash Rate (OCR) a further 25 basis points, the latest sales figures from Barfoot & Thompson show the Auckland property market has yet to feel any impact from the two previous interest rate rises.

It’s bad news for property investors taking out a mortgage, with the Reserve Bank’s decision to increase the official cash rate (OCR) by 25 basis points to 8.00%.

As Team New Zealand sailed to victory in the Louis Vuitton Cup, increasing the likelihood of the Americas Cup being held in Auckland in 2010, property experts are predicting this will be a factor triggering “the boom of all booms” to hit.

Some spectacularly useful information is well buried and you need to be pretty intrepid to find it, Diana Clement delves deep.

A recent media story of a former All Black great being a trustee of a rental property where a P lab was discovered highlights the risk to trustees responsible for trusts that hold properties.

Weekly Home Loan Report: Kiwibank has ended its two week price-cutting campaign designed to attract business from borrowers refinancing off maturing fixed rate deals. The bank has increased its 6-month to 3-year fixed term rates by 10 to 25 basis points.

Residents of Titahi Bay are installing energy saving light bulbs in each of the Bay’s 2,900 homes and businesses.

Alan Bollard has been reappointed Reserve Bank governor, Finance Minister Michael Cullen has announced.

Home Loan Report: Last week had with some good news for borrowers with Kiwibank dropping some of its fixed rate home loans in an effort to capture some of the refinance business in the market.

A Bill clarifying that the Weathertight Homes Tribunal is able to award general damages, including those for mental distress and anxiety has been introduced to Parliament.

A turning point for the worse in the housing market is not too far away in the majority of regions, notably Gisborne, Hawke’s Bay and Taranaki, ANZ Bank says in an economic report today.

The Centre for Housing Research (CHRANZ) says growing numbers of people will be managing severe or moderate disability over the next twenty-five years, and disabled people’s housing needs are not being met by New Zealand’s current housing stock.

While some in the property industry are pleased the IRD will receive more funds to crack down on black market property traders, others question whether it is necessary.

The Real Estate Institute (REINZ) is disappointed that yesterday’s Budget did not give more help to first homeowners

UPDATED: Property investors are to be the target of a boosted Inland Revenue auditing effort.

Budget 2007 sets aside $1.4 million for the design of a shared equity housing scheme as part of the Labour-led government's drive to help more young New Zealanders own their own home.