Latest from Residential Property

Decision pending: Westgate developer's $80m-plus claim against council

The court case has concluded after a long trial over whether services had been delivered.

Property plunge: Biggest quarterly drop in a decade

National average homes dropped in value by 0.6 per cent over three months.

Woolworths NZ selling Chch site consented for $300m mixed-use hub

Homes, apartments, offices, medical centre, childcare, gym, cinema among hub's elements.

Stanley Group liquidators suing directors after $17.9m failure

Directors understood to have engaged counsel, strenuous defence expected.

Tenants from hell: Landlord wins big payout over meth use, trail of destruction

There was damage to every area of the rented premises apart from the laundry.

Owners of 40-level Auckland apartment block sue for $140m

Fire, structural, weathertightness and internal moisture defects are alleged.

Fixing $750m convention centre - the next steps after the fire

Three years after the massive fire, work is about to start rebuilding the roof.

Wellington property values drop, homes taking twice as long to sell

For the first time in years, it looks like a buyers' market.

Buyers' market: New data confirms sagging house values in every main centre

The power is shifting to buyers - CoreLogic data out today.

Northland property still booming, but slowdown on the cards

Property prices in Northland have risen more than anywhere else in NZ.

Record high-rise cranes up in Auckland

Apartment and townhouse projects are driving crane numbers up.

Experts welcome FMA 'stop' on Flat Bush 50% return scheme

"The industry as a whole benefits from this type of market regulation," Mark Francis says.

Landowner to sell Ahipara section as occupation clocks up six months

Occupiers hoping for "positive solution" in the next two months - but can stay all winter.

Almost-finished townhouses up for mortgagee sale

"Normally, they would wait for titles to be issued and pre-sales to settle" - Kellow.

Simon Bridges' $3.9m Tauranga home flops at auction

Politician's family home still on the market - but at a fixed price.

Mainzeal liquidations: $111m of claims 'admitted'

Liquidators can't say when they will finish the work.

FMA moves against Longhorn fund forecasting 50pc return

Watchdog places interim stop order on the scheme.

Takapuna land sale defended, leaders angry at critics of $400m scheme

Board was equally divided so chair used his casting vote to carry the deal.