The five things you need to know about the housing market this week.

Rich-lister bought tired 1940s waterfront villa.

Everyone liked the idea of renovating the 1940s home, but the numbers didn’t stack up.

Lucky bidder No.4 scoops the prize in keenly fought auction.

Celebrity was in "Westie" gear for Kiwi ad.

Multi-million-dollar estate is one of the world's best fishing spots.

Waterfront estate is owned by construction magnates.

Agent says its the biggest resale profit he's seen in Ellerslie.

House includes impressive 1200-bottle wine cellar.

Planning documents show the scale of the multi-million dollar riverside development.

New buyers plan to preserve the natural environment.

The change in government is having a positive effect on investor sentiment.

The vendors have carried out a top-to-toe renovation and repair.

Terry Hitchcock-designed house has a CV of just under $5m.

“It's a pretty rarefied number - it doesn’t come along every day."

Property is one of Whitianga's oldest.

Lifestyle property transformed into a "five-star international" residence.

Imagine having Kiwis in your backyard.

Hidden estate in the South Island up for grabs.

A flood of high-end homes is set to hit the market now the election is over.

Any profit after the build cost will be donated to Rainbow Place.

Vendor had never lived in the property.

Remuera home designed by Chris Tate and aroused the interest of Sir John Kirwan.

Ground floor unit was used for team challenges but wasn't part of the show's grand finale.

Fierce bidding for apartment that boasted Sex and the City-style living.

Luxury getaways in the $5m to $15m price range are being prepped for sale.

It starred in hit TV show My Life is Murder.

Modern Christchurch estate mixes architectural styles.

Rotorua duo recreate spirit of the roaring 1920s.

Spooky hotel one of two historic pubs up for grabs on Dunedin's waterfront.