Latest from Residential Property

SkyCity Entertainment enjoys new recovery phase, business returning

"We're now in a new phase where people are returning," says Sky CEO Michael Ahearne.

'Dream home' turns to nightmare: Buyers worry after developer tipped into receivership

Receivers issued reassurance saying deposits are held in trust accounts.

Auckland housing developer in receivership

Vincent Capital called in receivers Calibre Partners who cited a loan as the reason.

Secret paper reveals plans for second $100m Costco

Previously secret briefing papers tell us so much more about what's planned.

Analyst forecasts 18% house price drop

New Zealand house prices could fall from a national average of $905,000 to $740,000.

Fletcher sues over insurance for works at Sky City Convention Centre

"A difference of interpretation over an insurance policy" at heart of litigation

More opportunities for first-home buyers, SBS Bank boss says

SBS Bank has lent money to 850 first-home buyers during the year.

Auckland's large-scale state land to be sold for private ownership

"After 50 or 60 years, these houses are no longer fit for purpose." - Mark Fraser.

Government spending 'clearly unhelpful' in fighting inflation - Don Brash

Former governor says the RBNZ has a fight on its hands after a big Budget.

No bidders, five auctions cancelled amid Auckland market slowdown

Auctions are now being cancelled if bidders are not registered a day before bidding starts

'Earn $2 million and you're criticised': Entrepreneur wishes she'd quit NZ

Lani Fogelberg says many young Kiwis are tipped to leave New Zealand.

Who's claiming $518,000 from failed Tauranga builder?

Revenue during Covid insufficient to cover overheads, liquidator David Thomas says.

Stride Property profit falls 14.8pc

More rent but expenses rise due to tax, more assets under management.

OCR rise: 'Day of reckoning' coming for borrowers of $160b

Around $160 billion of fixed-rate housing loans come up for review in the next year.

'Waiting for the guillotine to fall': How interest rate hikes are affecting borrowers

Nick's home loan repayments have just jumped $650 a fortnight.

Waiheke vineyard loses yet again

Business argued the Environment Court had exceeded its jurisdiction.