Latest from Residential Property

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.

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.

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.

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.

House sales up 7.8pc - REINZ

The general election failed to dent September house sale volumes which rose nearly 8 per cent last month.

Million-dollar hovel bought by builder trio

Owners of the run-down Auckland villa that fetched a whopping $1million-plus price-tag spent the week avoiding the media.

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.

Record $8m penthouse sale

A British hedge fund founder is believed to have paid a New Zealand record price for an apartment, buying a sprawling 930sq m luxury Auckland penthouse for close to $8 million.

Judith Collins sells coastal home