New Zealand
Rent crisis hits new high
Auckland's rental crisis is worsening, with prices rising 7 per cent in a year and desperate tenants going to extreme measures including offering to pay six months' rent in advance.
Latest from Rental Property
Stories and analysis from The Northern Express Herald.
Rental market madness
Demand for rental property in Auckland is at crisis point, with some houses now attracting as many as 200 would-be tenants.
Bidding wars as rentals in crisis
The Kiwi dream of owning a home is long gone for many, and now the chances of a decent rental are fading.
QV: Property values slide in October
Property values continued their 'gradual decline' during October, and are now 5.5 per cent below the market peak of late 2007. QV's latest property value index shows values have been falling since March.
World Cup homes pass $20k a week
Dozens of homeowners are asking more than $20k a week in rent for the RWC with at least one website threatening to remove some listings.
Govt hopes to have quake land plan by next week
The Government hopes it will be able to give thousands of Canterbury property owners in the worst earthquake-hit areas some idea of what the future holds by the middle of next week.
<i>Glenda Whitehead:</i> Market turnover
Rises and falls in house prices don't affect everyone, all the time, says registered valuer Glenda Whitehead.
