Latest from Residential Property

Calls for Auckland loading in pay packet

Teachers and police priced out of owning their own home in Auckland's red-hot property market are calling for extra pay to bridge the growing financial gap.

House move puts sick couple on floor

A Whangarei couple have spent three months sleeping on a mattress on the floor as they battle to settle an insurance claim.

Rich Russian's mansion project

Russian aluminium oligarch Alexandre Germanovich is undertaking a top-to-bottom renovation of a historic North Shore home - and the project is being chronicled in two documentaries.

Even in Auckland this is a shocking rise

The average asking price for an Auckland apartment has risen 49 per cent in just 12 months.

Big rise in demand for Auckland rentals

Barfoot & Thompson says high number of applications is unusual for this time of the year.

Wellington house prices drop

Auckland up more than 75pc but Wellington bucks trend.

Run your way to cheaper mortgage

For many Kiwis, paying off a mortgage is a marathon effort - but on November 1, 10 lucky Auckland Marathon runners will have the chance to run down their rate

Kerre McIvor: Housing purse strings too loose

State and council civil servants need to remember their budgets come from the pockets of everyday New Zealanders, writes Kerre McIvor.

Sliver fetches $400k

A small section in the once-sleepy town of Riverhead has sold for close to $400,000 - five times over its CV.

Chef snaps up 17th century home

Celebrity chef Jamie Oliver has snapped up an eight-bedroom 17th-century Grade II-listed home in north London.

First shot in mortgage rates war?

BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.

NZ has 5th fastest house price hikes

The Knight Frank Global House Price Index released today ranked NZ only behind Hong Kong, Turkey, Estonia and Luxembourg for annual house price rises.

£480-a-month for bed in lounge shed

London's housing crisis has led to one landlord getting creative.

First house price fall in 6 months

Barfoot & Thompson blames fall in Auckland market on winter weather, the Reserve Bank and international economic instability.

Auckland property: downhill from here?

Behaviour by Auckland's housing speculators indicates the property market could be about to reach peak point.

Waikato rural block sells for $5.25m

A 488ha South Waikato rural property sold at auction last week for $5.25 million, says PGG Wrightson Real Estate.

Tenon back to paying dividend

The Taupo firm will pay a 5c-a-share final dividend on November 6, the first dividend since April 1998.

Foreign speculator tax forges ahead

The IRD IS proposing a withholding tax of 33 percent of a vendor's gain on a sale, or 10 percent of the total purchase price.