Latest from Residential Property

Home owners to 'almost certainly' face insurance levy hike – David Seymour
The coverage provided by the Natural Hazards Commission is likely to remain unchanged.

Banks drop interest rates after Reserve Bank cuts OCR
The Official Cash Rate was dropped from 3.5 to 3.25%. ANZ and BNZ have begun moving.

'Real stress': Labour MP Ingrid Leary on retirement village payouts
The law doesn't say when capital sums must be repaid, causing 'real stress': Ingrid Leary.

'No recovery yet': Auckland apartment market flounders
Build-to-rent was boosted by a new project, a trend noted in the latest research.

'Glorious views': Bare lakefront section sells for $6.8m
The land had been in the vendor's family for nearly 80 years.

Homeowner upset after developer fells 50yo boundary hedge
Owner says hedge was pride of her backyard. Developer says it had to come down for safety.

'Insanity': Auckland villa owners told double-glazed windows violate heritage rules
Owners installed double-glazed windows without council consent. Now they have to go.

Tauranga Mayor finally buys home in city - why he isn't moving in yet
Mahé Drysdale's new home in Pāpāmoa is rented out for now.

Northcote modular apartment project: bosses forecast December finish date
TCL Modular plans to open a show suite so people get the first look inside the Northcote units. Video \ Jason Dorday

Developer 'goldmine': Herald analysis maps 840 of Auckland’s most valuable state homes
Exclusive analysis reveals $1.7b 'treasure map' of Kāinga Ora's Auckland properties.

Highbrook Crossing: New hub for Auckland's Biggest Business Park
Goodman Group is upgrading Highbrook Crossing to add retail, dining and public space to New Zealand’s largest business park in East Tāmaki. Video \ Jason Dorday

Editorial: Heritage v housing, we must protect Auckland's character
OPINION: Auckland's villas are seen as iconic, akin to Melbourne's terraced houses.

'Significantly reduced' protection: Heritage advocates fear for Auckland villas
RMA reforms are another step toward the death knell of heritage, says Allan Matson.

Simon Wilson: How not to fix the social housing crisis
OPINION: There's good and an awful lot of bad in the Government's social housing plans.

Reserve Bank cuts OCR by 25 basis points to 3.5%, banks trim floating home loan rates
The RBNZ says it has scope to lower OCR further as effect of US tariffs become clearer.

Auckland property valuations delayed again, could be 18 months outdated
The valuations are a source of fascination for property-mad Aucklanders.

One of NZ’s ‘most daring’ Grand Designs back on the market
The Wellington home hangs over a 45-degree hill and includes a glass elevator.

‘Goldmine’: Developers brace for $500m state home sell-off
The huge sell-off is part of the state housing agency's big cost-cutting 'reset'.

‘Attack on tenants’: 673 jobs to go at Kāinga Ora
The housing agency will shed 673 roles, 195 of which are currently vacant.

Bank offers retirees loan to buy into village without selling house first
The offer for those waiting for a more favourable housing market comes at a price.

Horror Christchurch rental: Landlord agrees to pay $13k to vulnerable tenants
The rental had a leaking roof and gutters which overflowed into the dining room.