New property listings the lowest since 2007   New property listings around the country last month plunged to a 16-year record low for the month of March, according to latest figures.   New Zealanders’ lack of enthusiasm for real estate transactions has led to a record low number of new home listings last month in…

Housing market slump, biggest sales decline in 40 years   As the housing market slumps, the largest sales decline in nearly 40 years has been recorded. According to CoreLogic NZ data, up to February of this year, 60,859 real estate properties were sold, the lowest number in 12 months since October 1983. In February, there…

Rent rises ahead as landlords face tougher conditions   More rent hikes are coming, but government tax policies and an increase in mortgage rates and other costs have left landlords with no choice, property investor advocates say. Rents started this year with the national median rent at an all-time high of $595 a week in…