Home affordability has improved by 4.4% and mortgage rates are at a two-year low meaning now may be the best time to purchase property, according to the latest study by Massey University.

It's becoming harder to tap into the "bank of mum and dad".

Lenders and mortgage brokers said bank lending requirements were making it tougher for first-home buyers to use their parents' support to get a home loan.

Building activity has increased by a seasonally adjusted 0.8% in the June 2018 quarter, according to new data released by Stats NZ.

The rise has reversed a 0.8% fall in the March 2018 quarter, and has been adjusted for higher construction costs and typical seasonal patterns to show the underlying changes.

The first KiwiBuild homes at the McLennan development in Papakura, Auckland have been completed and more are on the way, the government says.

The 18 finished KiwiBuild homes will be sold through a ballot, which runs for four weeks and opens on September 10.

The government needs to seal more deals with private lenders if it wants to hit its KiwiBuild targets, according to New Zealand Mortgages & Securities (NZMS) director James Kellow.

Despite the slowing prices, Aucklanders would still have a very hard time purchasing their first homes, according to income statistics.

Borrowers need to consider their appetite for risk when purchasing property and selecting their interest rates as they could rise faster than expected, ASB economists have warned.

Mortgage rates will fall, and that has improved the housing market outlook, says Westpac.

In the latest Home Truths report, Westpac chief economist Dominic Stephens said the game has changed.

Home values in Kawerau, a small town of 6800 people, have soared by 27.1% over the past year, the latest report from analytics firm CoreLogic has revealed.

NZ Adviser has an in depth article about our own Glen McLeod, about developments within the adviser industry, the challenges and rewards of the job and his most memorable client experiences.

Home loans are becoming more of a burden for Australians as many grapple with indebtedness.

More than half of Australians (56%) who are paying off a mortgage or have paid off a mortgage said their home loan is/was a burden and somewhat limited their lifestyle, a survey by Gateway Credit Union shows.