Latest from Residential Property

More million dollar homes auctioned off

One in five Auckland properties have sold under the hammer for more than $1 million and only two of 55 properties were sold for less than $500,000 last week.

Dita De Boni: Kiwis hoodwinked over state housing

This week, Finance Minister Bill English was dealt a blow by the Salvation Army, which rejected his suggestion it buy Housing New Zealand stock.

Inside Money: Delisting mystery - FMA sends AFAs offsite

Inside Money: Why long-term investment rules never die

Big do-up for pension flats

A set of four run-down pensioner flats have been spruced up in a $350,000 renovation which is expected to attract first-home buyers.

Agent guilty over $47k fee

A real estate agent who left a vendor liable for a second commission while pocketing a $47,500 fee from a buyer has been found guilty of misconduct.

Scrap over Waiheke zoning

Waiheke's biggest landowner is challenging zoning classifications on parts of its holdings on the island's eastern tip in the Stony Batter Historic Reserve war fortifications vicinity.

TV do-ups unlikely to reach $1m

Three houses being renovated on TV One's Our First Home won't go anywhere near the $1 million mark each when they are auctioned next month, an investment expert believes.

Pad with litigious history for sale

One of Auckland's most spectacular penthouses - but one with a litigious history - is for sale 16 months after the luxury pad was last bought, fetching $4.7 million.

Leaky home victim takes class action

Gay Johnson spent $600,000 fixing her leaking Castor Bay house so she joined a new $100 million legal action to fight for compensation.

McKenna helps Housing NZ

Former high-flying multibillion-dollar developer Nigel McKenna is working on Auckland's big state house overhaul.

Bernard Hickey: Auckland property - the kindest cuts to come

Politicians have looked at Reserve Bank Governor Graeme Wheeler as if he was a potential arsonist in the Auckland housing market, writes Bernard Hickey.

Mary Holm: Provincial town trends can change

Selling up to rent could leave you high and dry if prices firm and you want to get back into the market, writes Mary Holm.

Barrier's 'makeshift surgeon' selling up

Jim Cleland has performed makeshift surgery on his Great Barrier Island dining room table, but now it's time to sell the $2m holiday home.

Auckland's real estate fail

If you judged by house price growth alone you would think Auckland is the best performing region in NZ economically. But not by a long chalk.

The $1 house ... but there's a catch

It's valued at more than $1.5 million and situated in the sought-after Grammar zone - and it could be all yours for just $1. But there's a catch.

How much did this state house sell for?

The country's most expensive state house is being sold to local iwi, almost three years after a tenant was turfed out for benefit fraud.

Property sales surge in February

More properties were sold last month than during any February since the last property boom of 2007, latest figures from the REINZ show.