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Reserve Bank leaves official cash rate at 2 per cent
The Reserve Bank says house prices are still increasing at “excessive” speed, but that new lending restrictions may be starting to bite.

State houses marketed for one day then taken off market after ‘changing demand’

It may well have been one of the quickest marketing campaigns in real estate history.

Brangelina’s massive empire: So just how will Angelina Jolie and Brad Pitt divvy up their $400m fortune

They have been married for only two years.
But the 41-year-old Oscar winner and the 52-year-old actor have been together for 12 years and have acquired a mass of wealth during that time. They also started the Jolie-Pitt Foundation in 2006.

Jackson’s plans for Wellington island

Matiu/Somes Island, which is now a predator-free scientific reserve, was New Zealand’s first inner harbour lighthouse and has been a human quarantine station, an internment camp, military defence position, and an animal quarantine station.

The REAA get another one wrong

Sex offer wasn’t misconduct, real estate tribunal rules

A real estate agent who offered casual sex to a mother waiting for food at a McDonald’s has been found not guilty of misconduct.

Heaps of trouble awaits fraud accused Christopher Heaps in New Zealand

The future in New Zealand for runaway fraud accused Christopher Heaps is looking increasingly bleak.

Top 50 Women in Real Estate 2016

The inaugural REB Top 50 Women in Real Estate listing, partnered by Christina Guidotti, highlights and celebrates the industry’s ground-breaking females by ranking them across a number of metrics including average days on market, number of listings, conversion rate and sales volume for the 2015 calendar year.

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Harry Potter and the sale of the half-a-million pound house: Iconic ‘Privet Drive’ on the market in suburban Berkshire complete with cupboard under stairs for one magical boy

Its most recognised feature might be the cupboard under the stairs but househunters in Berkshire could own a magical property as the home of Harry Potter goes on the market.

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Banks tighten bridging loans for Auckland homes

Mortgage brokers say they have noticed banks are tightening their lending conditions – a direct result of a cooling of the hot property market where there has been a big drop in houses available for sale, and fewer homes selling at auctions.

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Terry Serepisos’ mother sells Miramar building, home to The Larder, for $1.1m

Alliki Serepisos, who successfully avoided a bid to bankrupt her earlier this year, sold the 538 square metre building, and 649sqm of land, in Miramar to Paraparaumu investment firm Tribus Holdings.