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Where to get financial help if you're a renter

Where to get financial help if you're a renter

COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm.

Hosted by Frances Cook, with a new money expert featured on each episode.

One of the most important…

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Barfoot & Thompson reveals latest data: how Auckland house sales fared in May

Barfoot & Thompson reveals latest data: how Auckland house sales fared in May

Auckland house sales by the city's largest agency more than halved in May compared to the same month last year.

Barfoot & Thompson released house sales data for May, a month when New Zealand was mainly at alert level 3.

Peter Thompson,…

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Housing survey shows market now 'severely unaffordable'

Housing survey shows market now 'severely unaffordable'

By Ruth Hill of RNZ Nurses, teachers and other middle class professionals are increasingly unable to buy homes in the cities where they work, with every housing market in the country now rated "severely unaffordable".

The 16th…

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Residential building consents fall to nine-year low: new StatsNZ data shows pandemic effects

Residential building consents fall to nine-year low: new StatsNZ data shows pandemic effects

New housing consents fell 17 per cent in April, the biggest monthly drop in nine years, as the pandemic took its toll on the busy multi-billion dollar sector which had been operating at a 45-year high.

StatsNZ has just released data…

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Run-down Auckland bungalow sells for $1.14 million

Run-down Auckland bungalow sells for $1.14 million

A run-down 120-year-old house has sold for $1.14 million in Auckland despite warnings that house prices are about to plunge because of the Covid-19 recession.

The 124-square-metre bungalow at 10 Buchanan St, Kingsland, sold for just…

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Humble three-bedroom Auckland home sells for $8m - $2.4m above CV

Humble three-bedroom Auckland home sells for $8m - $2.4m above CV

An Auckland luxury home has sold for $8 million, well above its council valuation and defying expectations of a housing market downturn in the face of the Covid-19 pandemic.

It comes as a series of modest homes have been selling…

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Mortgage wars should spark boost to lending

Mortgage wars should spark boost to lending

Mortgage lending was slashed to about half of normal levels last month due to Covid-19 restrictions but economists say the latest round of 'rate wars' should spark some renewed buyer and seller enthusiasm.

For those keen on picking…

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Covid 19 coronavirus: KiwiBuild buyers now in financial strife risk losing deposits

Covid 19 coronavirus: KiwiBuild buyers now in financial strife risk losing deposits

By Eva Corlett of RNZ Property developers and sellers are being urged to find a fair solution if a buyer suddenly finds themselves in financial hardship because of Covid-19.

Legally, the developer or vendor can keep the buyer's…

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Revenue up but Goodman Property Trust net profit falls 18 per cent after lower revaluations

Revenue up but Goodman Property Trust net profit falls 18 per cent after lower revaluations

Listed industrial specialist Goodman Property Trust pushed up revenue 10.7 per cent to make $171 million but less spectacular revaluation gains pushed net profit after tax down 18 per cent from $319.5m to $261m.

The business has…

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