The heat is coming out of New Zealand's five-year housing boom with Auckland, Wellington and Christchurch all showing the symptoms, a study has found.

Residential property specialist Blue Chip NZ had a quiet inaugural AGM in Auckland yesterday, with not one question from investors.

Kiwi Income Property Trust will next week open a funding offer to raise $143 million for its $538 million Sylvia Park development in Auckland.

Income investors are always looking for ways to get a safer return for the risk they are taking with their money, but many are missing a trick by turning a blind eye to New Zealand's debt security market.

An Inland Revenue clampdown has resulted in it recouping half a billion dollars in unpaid tax.

The Bank of New Zealand is resuming discounting campaign with home loans, this time extending it to include three-year rates as well as two-year rates. However two other banks have launched their own campaigns.

Mahia's development is continuing with the granting of approval for two subdivisions in the seaside settlement.

John Roberts quit as executive chairman of Multiplex Group, Australia's worst-performing property stock, after the company said losses at its Wembley Stadium Project in London may "significantly" exceed the A$50 million ($53.4 million) his family agreed to cover.

Auckland planner Brian Putt said last week as far as he knew Kerikeri and Queen Street in Auckland were the only centres in New Zealand with no height restriction.

A group of Papatoetoe residents are feeling victimised by the Manukau City Council almost tripling their rates.

Kiwi property buyers are familiar with searching a LIM report and trusting that other information is good and accurate. But what happens if titles are incorrect or a property search has not revealed nasty hooks? Homeowners could be up for thousands of dollars and hours to remediate the problems on their title.

Farmland in Northland between Ruakaka and Marsden Point zoned for future industrial uses is skyrocketing in value, with investors viewing the new deepwater port as a potential second Tauranga.

Kaikoura is the most overvalued town in the country, but it will also suffer the most as house prices there are predicted to slide up to 9 per cent in the next year.

Real Estate Institute says any landlord who suspects their house is being used to make P, should call the police

In the most basic sense, the Budget is a one-trick pony. You'll either have more or less in your pocket each week.

AMP appears to have ruled out a takeover bid for Capital Properties, saying it expects its existing stake in the Wellington company to provide handsome returns.