The bears of last July who decided a rally on world sharemarkets over the preceding six months was an aberration in a medium to long-term downward trend were proved wrong in the ensuing 12 months.

Blame your local council if your mortgage rates rise again soon, the Employers & Manufacturers Association (Northern) says.

This week Melbourne newspaper The Age reported the findings of a study it commissioned analysing the effect of Australia's property boom on the wealth of its citizens.

Wellington is proving a happier hunting ground than Auckland for listed property vehicle Capital Properties.

A migrant mother looks set to leave her husband in Dunedin and take her sons back to Liverpool, after their hopes of a better life were scuttled by a poorly renovated and increasingly expensive dream home.

A property gold rush has broken out on the West Coast, with more than 200 building sections on offer in the Greymouth area alone.

Statement by Simon Swanson, Managing Director, Sovereign

Rents in Invercargill have come down as much as $20 a week in the past few months, as the city's property boom shows signs of levelling off.

Hotel management giant Hilton has plans to build two $45 million hotels in the South Island at Christchurch and Queenstown.

New Zealand property investment company, Urbus Properties Ltd. (URB.NZ), Tuesday said it has sold an office building for NZ$4.8 million, about NZ$500,000 above the current book value.

Batten down the hatches: The New Zealand dollar is believed to be on its way back to US70 cents in the next few months.

Economic researchers and at least one leading economist say hikes in official interest rates are even more likely following the latest survey of business confidence.

The developers of a new, 29-level Auckland office tower are offering deals to entice tenants from neighbouring buildings.

AMP NZ Office Trust and Macquarie Goodman have dominated the latest foreign transaction property deals.

The tax man will take a bigger bite out of landlords' cash flows if changes proposed by officials to the depreciation regime become law.

Press Release: New Zealand Government