Latest from Residential Property

Editorial: Wealthy but poor on a new mortgage

We don't often think about the struggle it must continue to be for those who have managed to afford a house.

Why house no. 74 ceased to be

A house on Arney Road in Remuera used to be number 74. But not anymore.

Property: Rich and poor at the same time?

In a raging property market, it's possible to have a million-dollar home and no cash, writes Joanna Mathers.

Here's why your mortgage rate takes time to fall

Some mortgage holders will have to wait till the New Year before getting their interest rate cut - not so for new customers though.

Mortgage rates: 'Now's the time to fix'

Homeowners are being urged to fix their mortgages now to make the most of record-low interest rates - which experts say are at rock bottom.

Property Report: Character comes at a cost

Vintage-lovers in the market for older buildings should know that strengthening requirements could mean big expenses ahead, writes Sandra Goodwin.

Property Report: Worries over self certification

Home builders may soon be able to sign off on their own work without a council inspection if Local Government Minister Paula Bennett gets her way.

Property Report: Downsides of reverse mortgages

Property Report: Rural to residential

New motorways are key in facilitating Auckland's lateral growth by allowing access to the boundaries of urban areas.

Legal action set for failed Queenstown scheme

A group of 109 people - mainly Singaporean and Malaysian - are taking legal action over a failed Queenstown property scheme they bought into last decade.

Waiting for a slice of paradise

A queue of 20 people waited outside for 24 hours to claim a section in new Napier subdivision.

Luxury coastal purchases on rise

This summer is expected to bring a boost in the numbers buying into luxurious "lifestyle" properties along the country's northeastern coastline.

Govt to fund more social housing units

The Government has agreed to fund an extra 508 social housing units in Auckland in a surprise boost to previously announced policies.

Bernard Hickey: Poverty trap awaits retiring tenants

This week's Salvation Army report into housing baby-boomers in retirement exposed the deepest fault-line in NZ society and its economy - home ownership.

Auckland housing project in limbo

Plans to build more than 150 homes at one of Auckland's largest new housing estates are up in the air now the firm behind Springpark in Mt Wellington has gone into receivership.

420-home project goes into receivership

Auckland developer Tony Gapes has expressed sympathy for 140 home buyers who are victims of financial problems at his Springpark housing project.

Tax evaders living the high life

A couple convicted of fleecing almost $1 million from the taxpayer between them by not paying GST are still living a life of luxury.

Ryman shows glimpse of site

Retirement giant Ryman Healthcare has released the first image of a $100 million North Shore village on a site where hundreds of people will live.