Former ACC National Property Manager Malcolm Mason has been sentenced to 11 months home detention following corruption charges levied by the Serious Fraud Office (SFO).

The REINZ February 2011 regional commentaries.

Major banks have lowered their floating rates this morning following the OCR cut. We explain who has made what changes here.

In this article we look at what is happening to house prices in all the main regions around the country.

The country's major banks have announced a number of assistance package measures for home loan customers affected by the Christchurch earthquake.

Former ACC national property manager Malcolm Mason has pleaded guilty to corruption charges brought by the Serious Fraud Office (SFO).

House sales volumes hit a new low in January as prices continued to slide.

Landlords.co.nz looks at the residential house price highlights for January 2011.

Christchurch and Nelson are the only places to have seen residential property values increase on last year, according to the latest QV Residential Property update.

December saw a further pick-up in recorded house sales, however this comes from a very low base and mortgage lending remained flat, according to the latest ANZ Property Focus.

Home-owners can be confident floating mortgage rates won't be rising for some time following Reserve Bank governor Alan Bollard's expected decision to keep interest rates on hold.

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.

Rental vacancies remain low in Auckland while Wellington is suffering, and across the country vacancy rates are double the level of last year as house sales continue to dawdle, according to First National Group.

Housing in New Zealand is "severely unaffordable", with property in Auckland and Tauranga less affordable than New York, according to new research.

Buying a house this year is “fundamentally a good idea” as inflation looks set to rise around the world, according to Tower Investments chief executive Sam Stubbs.

Auckland suburbs Remuera and Takapuna/Milford have seen rents for three bedroom properties increase by 25% over the past year, while rents for a one-bedroom property in Birkenhead have fallen 47% over the same period.