Loan to Value Ratio has become an important catch phrase in the property ownership world it is important to understand exactly where you might stand in regards to complete ownership.

Housing minister Nick Smith says foreigners are being used as scape goats for the ever rising property prices. This was after Labour Housing spokesman Phil Twyford challenged Smith to present data on how many homes foreigners are buying.

The reserve bank has made a statement saying pressure in the housing sector was easing gradually. Housing sales across the country were easing and the slowdown in volume was reflected in prices for sold property.

A woman in Avondale, Auckland has sold her house 270,000 above its valuation. The real estate agent involved in the sale said this was an example of how there are many buyers waiting to purchase in the fringes of the AUckland CBD.

More and more home owners are choosing to split their mortgages to fixed and floating rates. The home owners are choosing to do this because of the ever increasing interest rates with the reserve Bank now sitting at 3%.

Labour has proposed to increase savings into Kiwisaver versus increasing interests rates on mortgages. This may have a similar effect as raising interest rates by the Reserve Bank of New Zealand.

Rotorua has jumped ahead of other provinces as latest data shows a jump in house prices. In the months from April to July of this year the prices have risen 1.8%. This puts it 2nd only to Auckland who has had a rise of 4.1% during the same time period.

A real estate agent has acted so fraudulently that she has been banned from selling property by the New Zealand Authority, The New Zealand Real Estate Agents Disciplinary Tribunal. The real estate agent, Jodie Louise Kitto has been jailed on fraud charges after a Mr Colin Frankham made a complaint.

A banned real estate agent has been caught trying to sell a German couple land that she has never owned. A clear example of buyer beware when purchasing from overseas, make sure you know who you are talking too when buying from a distance.

Is pre manufactured the way to go. The government is supporting the idea of having some of the new homes to be built post 2014 to be modulised. When a home is modulised or pre manufactured, it is built offsite trucked in and assembled on site.