OPINION: Landlord Tim Duffett says it's time to change the whole way we rent homes in New Zealand.

The prestigious suburb - first to reach the $1 million mark in 2003 - has now set a frightening new benchmark.

Goodman Property Trust, the country's second-biggest listed property investor, has ratcheted up development plans with four new industrial projects in Auckland worth $45.8 million.

With annual price growth at 13.9 per cent, it is no surprise Auckland is increasingly dominant in lifting the country's overall growth rate, writes Geoff Barnett.

An Auckland student who became a homeowner at just 22-years-old is not a fair representation of all students, says the national students' association.

While thousands of Aucklanders despair at their chances of owning a house, a determined 22-year-old student is proof it can be done.

The agent says the price demonstrates the fierce competition among investors and developers for properties with subdividable sections.

Argosy Property reported a 25 per cent drop in annual profit, while its rental income rose, as the listed property investor returned to a tax paying position.

As property prices in the area escalate by around $1000 a day, agent says owners of the brand-new $1.14m house have simply "changed their minds".

Dampening highly geared speculators' appetite for the Auckland cash-box housing market got the thumbs up from many quarters yesterday.

Graeme Hart's Rank Group confirmed it plans to sell down its stake in Carter Holt Harvey in an initial public offering.

Desperate home-buyers have resorted to sleeping in cars overnight in the hope of securing one of 12 sections when they go up for sale this morning.

Andrew King of the NZ Property Investors Federation outlines the main concerns around housing in Auckland - and clears up some of the facts.

Head-to-head bidders are paying tens of thousands of dollars more at auctions than they would for fixed price homes, new figures reveal.

Amidst the debate around the effects of a capital gains tax on the Auckland property market, TV show 'Our First Home' has proven useful.

Waiheke's biggest landowner has lost a challenge over the zoning on parts of its holdings on the island's eastern tip and on a nearby island.

For the first time in a single month, 10 per cent of all properties sold around the country went for more than $1 million.

New mortgages to Australian landlords dropped the most in three years in February, signalling an easing in the speculator demand for housing that had concerned the Reserve Bank of Australia.

Sales prices increased almost 4 per cent since February, taking the average price of a residence in Auckland to an all-time high of $776,729.

A property developer's family trust that bought 9000sq m of land in an exclusive Queenstown subdivision must repay $740,000 to liquidators after losing a High Court fight that involved fraudulent....

Former high-flying multibillion-dollar developer Nigel McKenna is working on Auckland's big state house overhaul.

Former Blue Chip boss Mark Bryers returns to the witness box today as the High Court continues its look at his application for discharge from bankruptcy.

Former Blue Chip boss Mark Bryers is seeking discharge from his bankruptcy in the High Court at Auckland today.

Irving Kahn, the Manhattan money manager who predicted the 1929 Wall St crash, has died aged 109.

Australia has tightened the rules on foreign purchases of agricultural land and has reduced the ownership screening threshold to A$15 million from A$252 million.

"Negligent" advice from a Tauranga law firm did not cause a Blue Chip investor's $90,000 loss, the Supreme Court has unanimously decided.