Latest from Residential Property

Tainui keen on state house sales

Tainui says it wants to spend "tens of millions of dollars" on buying up state houses as Bill English signals an open market for the country's 68,000 Housing NZ properties.

Who's more likely to own a home, a firefighter or a lawyer?

Fire fighters rank well above lawyers and judges in terms of home ownership rates in the US according to an analysis on census data.

Council asked to back bonds for low-cost homes

Community housing groups want the Auckland Council to underwrite "housing bonds" worth $30 million to kick start more than 200 new homes for low-income families.

Experts nut out housing crisis solutions

Auckland's next generation will be divided into those whose parents owned a house and offspring of renters doomed to rent themselves, an economist has predicted.

Property investors facing rate risk

The housing market nationwide is delivering about the rate of capital gain an investor would need to justify buying an average house, says Westpac chief economist Dominick Stephens.

Andrew King: Here's how Gen Y can buy a home

Andrew King writes: A recent report showed that Generation Y - those under 28 - were increasingly becoming property orphans and spending their money on travel and shopping.

Agency backs 125-year deals

Waterfront Auckland has defended its Wynyard Quarter leasehold deal where apartment owners can pre-pay ground rent for 125 years.

Housing repairs almost finished

New Zealand's biggest residential repair job is nearly finished, with Fletcher Earthquake Recovery completing most of the Christchurch housing repair backlog.

Auckland bucks house price trend

The pace of property price increases has eased nationwide, as higher interest rates and lending restrictions take effect. Everywhere, that is, except Auckland.

Grey Lynn hovel sells for $1.075m

A potential health hazard that comes complete with rotting floorboards and nicotine-caked walls sold for $1.075 million this afternoon.

Anthony Healy: Get smart about home ownership

Home ownership, once an integral part of the Kiwi dream, is one of the hottest topics right now.

Housing role split part of reshuffle

Prime Minister John Key has split housing issues across three ministers as National speeds up its shift toward developing social housing by private providers and reducing reliance on state....

Next step hard for home buyers

First-home buyers looking to make the next step up the ladder could struggle - despite making huge gains in value on their property.

Property values rise at slowest pace in 15 months - QV

Property values rose 6.4 per cent nationwide in September, slowing from an annual pace of 6.9 per cent in August, according to QV.

The rise of the apartment

Is six storeys the new height for apartment buildings in zones approved for four storeys?

Inside Auckland's $1 million hovel

It's a potential health hazard that comes complete with rotting floorboards, nicotine-caked walls and the worst bathroom the agent's ever seen: Auckland's $1m hovel.

$1m tenant fights $40k bill

A woman who was kicked out of a $1m state house after offering to buy it is fighting a $40,000 bill after allegations she was living there with an undisclosed partner.

Landlords planning rent hikes

Barfoot and Thompson has just released its annual landlord survey - and it revealed most are planning to put rents up by about 5 per cent.