The median rent for a three-bedroom home increased by 5.7 per cent in 2012, or by around $20 a week. However, tenants in parts of Christchurch are paying $50 a week more....
Renters could be in luck, as a turnaround in the market has seen a flood of listings and brought prices to a standstill including in some of the country’s most desirable suburbs....
The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key’s speech yesterday, but he is wary of what is to come....
The housing market, which has been depressed for the past 18 months, appears to have bottomed out – at least in Auckland....