A large block of vacant land on State Highway 1 near Christchurch Airport is to be developed for the first time.
Land approved for a 380-home subdivision on the Christchurch Port Hills is being sold and the new owner is ready to start building sections.
Investors are responsible for almost half of Auckland house sales.
Northland builder's licence is cancelled for working without building consents and going beyond his abilities.
Tenants in Canterbury are the only ones in the country enjoying falling rents.