NZ's rampant house prices 'validate' govt moves

NZ's rampant house prices 'validate' govt moves
A mortgagee sale for a three-bedroom house on Matua Rd, Huapai in West Auckland was held in Wednesday.
Brent Melville
House prices continued to track up last month, accelerating to their highest rate of annual growth in 15 years.And for Aucklander John Williams and his partner that meant losing out on yet another housing bid at auction.The couple were hoping to secure their first home this week and have spent months scouring the city for the perfect home.This saw them attending and placing bids on houses at several auctions over the past few months, but luck has not been on their side.Their latest bid occurred on Wednesday when the couple eagerly attended an a...

More Property

Co-operative Bank, ComCom agree penalty fee
Finance

Co-operative Bank, ComCom agree penalty fee

The bank is silent on the penalty amount it and the Commerce Commission are aligned on.

Andy Macdonald 26 Nov 2025
Amendment may create a fast-track to judicial reviews
Property

Amendment may create a fast-track to judicial reviews

How a fix to speed up projects could send more to court instead.

Garth Bray 26 Nov 2025
Kiwi Property Group's interim profit lower as write-downs bite
Economy

Kiwi Property Group's interim profit lower as write-downs bite

The property company reiterates its full-year dividend views.

Andy Macdonald 24 Nov 2025
Penk announces compulsory building warranties
Economy

Penk announces compulsory building warranties

Under the proposed change, those responsible pay their share only.

Staff reporters 24 Nov 2025