Latest from Residential Property

Great divide: Auckland v provinces

Auckland house prices have surged so much that the cost of just one bedroom in the suburb of Remuera is more than four times the price of an entire house in Tokoroa.

QV shows NZ house prices climbing

Auckland house values rose 13.1 per cent annually but have shot up 30.6 per cent since the last peak of the market in 2007.

Toilet-in-kitchen flushed out

A landlord tried to rent a North Shore studio which had the kitchen, bathroom and laundry in the same room.

Auckland house sales, prices fall in May

Memory Lane's cheap houses

Areal estate brochure dug out from 1996 features a seven-bedroom villa in Herne Bay - now the country's most expensive suburb. The asking price? Just $190,000.

Tax warning for new landlords

First time landlords are being warned to check how much tax they may need to pay on rental incomes ahead of the July 7 deadline.

House building soars in 2014

Tale of two cities: $1m v $71k

A two-bedroom home with its original 1950s bathroom and kitchen and not in one of Auckland's hottest suburbs has sold for $1.08 million.

Waiters, teachers left behind in Silicon Valley housing gap

The heart of Silicon Valley and home to two of the three most valuable companies in the world, has a shortage of almost 54,000 affordable housing units to shelter its lowest-income workers.

More children returning to the nest

Fashion designer Denise L'Estrange-Corbet had dreams of turning her daughter's bedroom into a library when Pebbles finally moved out of home.

State house still empty

The country's most expensive state home has sat empty for 18 months while neighbours in the same driveway endure rowdy trespassers - sparking a government-ordered review.

Hotchin house caveat backed by court

Property developer says he'll find cash

A property developer Tony Gapes will be back in control of one of NZ's most intensive affordable housing projects if he settles a debt within 20 days.

Home deposits secure - receivers

Park lessee details profitable history

The woman who claims she could not afford a $73,750 annual Greenlane leasehold bill was involved in three other multimillion-dollar Auckland property investments.

Park trust mislead tenant, court told

Cornwall tenant tells court of improvements she made

Giant landlord gets a tick from investors

Institutional investors are praising the annual result of Kiwi Income Property Trust, saying it reflects the management shakeup which saw the exit of Commonwealth Bank of Australia.