Real estate watchdog to investigate the dealings as Auckland red-hot market continues to soarAn investigation has been launched into how two Auckland homes were sold five times in four days as the practice of “flipping” continues to boom in New Zealand’s largest city and hottest property market.The two houses are located side by side in the suburb of Mangere Bridge in south Auckland, where flipping is most common, according to an analyst from CoreLogic. Continue reading…
Source : theguardian.com
Read more…Flipping hell! New Zealand property frenzy as two houses sold five times in four days















