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Steep drop in number of homes for sale tightens market

Steep drop in number of homes for sale tightens market

The number of homes now available for sale in New Zealand has dropped to its lowest point since January 2008, as continuing high demand and a shortage of new listings have tightened the property market even further.

Zero Energy House leads move to end power bills

Zero Energy House leads move to end power bills

The country's first Zero Energy House will lead the move towards more Kiwis fitting Intelligent Roofs on their homes, to protect themselves from the rising cost of power, says the CEO of the nation's leading solar power company.

Alpine hotel operating on thin ice for sale by mortgagee

Alpine hotel operating on thin ice for sale by mortgagee

A pioneering hotel which in its heyday set the standards for accommodation providers in the Queenstown Basin has been placed on the market for sale by the mortgagee.

New property listings surge - report

New property listings surge - report

A pre-winter surge in new listings of homes for sale has produced yet another record high for New Zealand property prices, as confident sellers finally respond to the ongoing shortage of listings in the face of continuing high demand.

ANZ announces 5.25% one-year mortgage

ANZ announces 5.25% one-year mortgage

ANZ today announced a drop in its one-year fixed mortgage interest rate, taking it to its lowest point in 17 years.

Kiwis take positive steps to improving homes

Kiwis take positive steps to improving homes

Thousands of Kiwi homeowners are taking practical steps to improve the health of their homes, say statistics from a recent New Zealand home rating initiative led by Homestar.

New ASB Property Guide app 'makes house buying easy'

New ASB Property Guide app 'makes house buying easy'

ASB has launched a free home buyer's iPhone app which combines property data and augmented reality technology to help house-hunters find the perfect home.

Property values vary across the country

Property values vary across the country

Nationwide residential property values eased slightly in March according to the latest QV index. Despite the slight drop in the last month, values are still up 0.5% over the past three months and 3.0% up over the past year.

High demand for property drives up asking prices

High demand for property drives up asking prices

The relentless high demand for property in New Zealand has driven the inventory of homes for sale to its lowest level in four years, while once again pushing asking prices up to a record high, says Realestate.co.nz.

Housing market strengthens

Housing market strengthens

New Zealand's housing market has strengthened noticeably over the past six months or so. House sales are up, people have been seeking more approvals for new mortgages, and house prices are rising.

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