Latest from Residential Property

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.

Bernard Hickey: The lure of the 'double Grammar zone'

The words "double Grammar zone" plastered across a real estate billboard is enough to make any red-blooded agent salivate, writes Bernard Hickey.

KiwiSaver: Moving out could come at a cost

You can make a standard KiwiSaver first-home withdrawal without the additional top-up from the HomeStart grant. Helen Twose talks about the rules.

£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.

Former property developer bankrupted

Martin Hutchin sold investment properties in Invercargill and Huntly and was described as a "risk to the community".

Building consents hit 10-year high

Last month saw the highest number of new dwellings consented in a month since March 2005.