Latest from Property

Locals beat Chinese and American buyers with $10m purchase of Rotorua lodge

Sale price record for the district is well and truly smashed.

Whakaari White Island tour company owes $8.5m, liquidators say

Just $53,000 in assets as liquidators work to sell what they can.

Revealed: Where Kiwis have the best chance of buying a house for less than $500,000

The numbers show the hotspots for affordable homes.

National, local companies are creditors of Rotorua housing project

The financier wants $28.2m; unsecured creditors are listed as being owed another $167,000.

Florida funder loaned $28.2m to Rotorua housing project

Liquidator expects no loss to customers.

Receivers, liquidator in charge of Rotorua's Mountview Green final stages

Receiver says 22 homes completed, not settled; 20 more in various stages of construction.

NZ house prices could rise 5% in 2025 as analysts signal market turning point

Also find out where house prices and rents rose fastest and slowest in NZ's year in review

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NZ’s biggest house-builder G.J. Gardner planning 30% franchise growth

'If you’re in a really tough game, go on the attack.'

Explained: Why would Kmart expand in this tough retail environment?

Boss from across the Tasman explains the reasoning behind Kmart's expansion here.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred

'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'

NZ projects short-listed for World Architecture awards

Stadium, university, retail, home, spa, bach, marae, office buildings are all on the list.

NZ’s most expensive secrets: Hidden mansions with $15m-plus price tags

Owners know their homes could take months to sell.

White Island Tours declares insolvency, liquidators appointed

Company struggled to raise money to pay a fine after eruption tragedy.

Airbnb landlords under pressure to sell

Property owners could be hit with higher rates bill if council's proposal passes.

Rotorua’s misery mile ‘derailed’ house prices in the city

Agents say emergency housing issues have been addressed, but the damage has been done.