Latest from Residential Property

Trotting club betting on apartments

Auckland's Alexandra Park could be the scene of more than $110 million of commercial and residential developments over the next decade.

Housing dream for 'wasted' island

A marina village is proposed for a "wasted" island which is a 10-minute ferry ride across Waitemata Harbour from the Auckland CBD.

Pay-per-view for $12m hilltop mansion

A grand hilltop estate with sweeping views over Tauranga has hit the market with a $12 million price tag - and a $400 fee just to take a tour.

Peter Lyons: Housing at heart of our cost of living conundrum

The prices of necessities such as shelter and food are rising at a faster rate than non-essential items, particularly manufactured goods, writes Peter Lyons.

Real estate agent fined over leaky home issues

Treasury suggests capital gains tax

Treasury suggested introducing a capital gains tax and restrictions on foreign buyers as part of a long term prescription to curb house price increases, documents released today show.

Auckland Housing estate gets go-ahead

Auckland's largest new housing estate has planning approval.

Coastal homes battle heats up

Two families have been accused of blocking a hapu from developing its coastal Northland property say they are out to protect the environment.

New home small but it's so smart

Aucklanders seeking new, upmarket and apartment-style homes will be able to see what's on offer as part of a project designed to ease Auckland's housing problems.

Reserve Bank defends new loan limits

In a speech to the Property Council this morning the Reserve Bank's deputy governor has gone on a charm offensive over its LVR restrictions.

Westpac cuts pre-okayed mortgages

Westpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.

Peter Lyons: Applause for Reserve Bank's LVR move

We need to recognise our vulnerability in the global economy, writes Peter Lyons. The Reserve Bank should be applauded for trying to bring us to our senses.

SFO investigates property development

The Serious Fraud Office is investigating a North Shore residential property development deal after angry investors cried out that places were never built.

Property prices jump $10k in September

National property prices rose by $10,000 in September, taking the median house price back to a record high reached earlier this year.

First home buyer numbers drop

The number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.

Plans afoot for Sultan's BNZ block

The world's second-richest royal might soon sell his empty Auckland office block - and the building could become apartments.

Superyacht's $1m accessway

Problem: you buy the perfect Northland beachfront section, on a calm, gently sloping beach - but how to get from your great smackingly beautiful house to your gigantic multi-level fast.

Billionaire's paradise

New Zealand's most expensive new residential project is nearly finished so billionaire Russian steel magnate Alexander Abramov can holiday there soon.