The property downturn wiped $60 billion off the value of our national housing stock and $25 billion from Auckland last year, says an industry commentator....

Mortgagee listings have increased significantly over the past year. As a potential purchaser of a mortgagee property, you should do your homework on the property before the auction or submitting an offer....

The Reserve Bank has dropped official interest rates to a new low of 2.5 percent and is promising low rates at least till the end of next year....

The dramatic slump in the price of investment apartments is now spreading to the owner-occupied market as well, providing an affordable alternative for first-home buyers....