WELLINGTON, New Zealand (AP) – Rising home prices are often welcomed as a sign of a country’s economic health and vigor. But in New Zealand, concern is growing that prices have risen so high they are ...

New Zealand house-building costs rose at the slowest pace in more than seven years as high interest rates and economic uncertainty curb demand for new homes. Construction costs rose 2.4% in the year ...

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, you get ...

WELLINGTON (Reuters) -New Zealand on Monday said it will open its housing market to wealthy foreigners who invest in local businesses, reversing a previous ban in expectation it will boost economic ...

New Zealand mortgage interest rates are beginning to drop although it may be late 2024 before borrowers notice meaningful declines. Data on so-called special mortgages compiled by the Reserve Bank ...

(Bloomberg) -- New Zealand First leader Winston Peters said he’s open to allowing foreigners to buy expensive houses if they also invest in the country. Peters, who is Deputy Prime Minister in the new ...