The New Zealand real estate market is so hot, properties can sell for millions without even having a full bathroom. Such was the case at 39 Ariki St. in the tony suburban neighborhood of Grey Lynn.

WELLINGTON, New Zealand — New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices. Previously the housing market was open to investors worldwide ...

This sleek estate on New Zealand’s South Island doesn’t make you choose between mountain or river views. Set against the picturesque Shotover River and surrounded by striking alpine ranges ...

One is for sale in Wellington, New Zealand, but it needs plenty of TLC. ... The real-estate firm in charge of selling the parcel says the land is worth about $363,000, ...

Half of New Zealanders owned a home in 1991, a number which has since dropped to one quarter. The Economist released a report in 2017 that said New Zealand house prices were the most unaffordable ...

The median home price in New Zealand has surged more than 57 percent since 2010 and now the Kiwi nation has decided to do something about it: ban outsiders from buying their homes.

The figures from the Real Estate Institute of New Zealand (REINZ), also shows that sales fell by 30.6% in Auckland fell by 30.6% with access to finance amid tighter lending criteria regarded as ...

New Zealand's first-ever climate adaptation plan includes the possibility of moving some communities to higher ground, but doesn't explain how much the changes will cost and who will pay.

The New Zealand government wants to allow foreigners to invest in build-to-rent homes to help stimulate housing supply, Finance Minister Nicola Willis said. Work is underway on changes to the ...

New Zealand has banned most foreigners from buying homes as it tries to tackle runaway housing prices. Previously the housing market was open to investors worldwide, but the government on ...

Statistics indicate about 3 percent of New Zealand homes are being sold to foreigners, but the amount rises to 5 percent in the scenic Queenstown region and 22 percent in central Auckland.