The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points to 3%.

New Zealand home sales rebounded last month and prices picked up, suggesting cheaper borrowing costs are stoking a revival of interest in the real estate market.

An increase in market activity over the past month has seen median house prices pushed higher in most of the main areas throughout the country, according to the latest Real Estate Institute of New Zealand (REINZ) stats, released today.

Further signs are emerging that the residential property market is starting to pick up and an expected surge in immigration numbers plus a shortage of new construction will push up house prices.

Private landlords are concerned about what happens to anti-social tenants, after Housing New Zealand (HNZ) evicted groups with gang associations last week for breaching their tenancy obligations.

New Zealand property values dropped 8.9% last month, helping stir a revival in sales as mortgage rates fall.

There is not a lot of good news in QV's last housing market report, however Auckland appears to be the best of the main urban areas. To find out what's happening in the main areas around the country, use the links below.

Auckland house prices rose last month and the number of property sales increased, suggesting tentative signs that confidence is creeping back into the market, according to Barfoot & Thompson (B&T).

Next week’s official cash rate announcement from the Reserve Bank is expected to bring more good news to borrowers.

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New Zealand housing confidence rose in the three months through January as falling house prices and cheaper borrowing costs revived the appeal of property as an investment.

This young and diverse city is going places – fast. The Manukau City Council has exciting ventures planned that could well see property investors very happy in the not-too-distant future

Tenants’ advocates are worried the proposed changes to the Residential Tenancies Act (RTA) will swing the law in favour of landlords, if three key provisions go through.

Investors selling apartments need to make sure they’re aware of all the tax involved, to avoid unexpected GST bills.

The government is looking at how property managers operate and whether they should be regulated.