Investor association slams Reserve Bank’s bid to rein in Auckland house prices, saying it will push up rents and ruin first home buyers' chances.

A second banking chief has denied Auckland has a housing bubble, saying many factors were combining to drive prices up including the city's sheer desirability.

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.

An investment company that failed to build nearly $10m worth of new homes has finally succumbed to creditors' pressure and entered liquidation.

Homeowners look set to enjoy further interest rate cuts, with a broker tipping historic lows within 12 months.

QV's latest figures show the average property value for the Auckland region has now broken into the $800,000s, fuelled by Auckland City-South.

New Zealand is the second-cheapest country in the world for Chinese property shoppers but also one of the most popular, according to a Chinese real estate site.

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.

A three-bedroom North Shore "do-up" has earned its owner nearly $1000 a day - just shy of the salary of a High Court judge - in Auckland's red-hot property market.

The average Auckland home earned nearly $230 a day in the past year - about twice what the average worker made in their job.

The Reserve Bank is considering options to make it harder or more expensive for residential property investors to get bank loans.

Regulatory moves to curb bank lending to residential property investors are a live possibility, says Reserve Bank deputy governor Grant Spencer.

Andrew Little says a speech from the Reserve Bank deputy governor was effectively saying there was a housing crisis – something John Key had refused to accept.

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.

Real estate firm Bayleys yesterday joined Air New Zealand's Airpoints programme and the airline is on the lookout for more partners.

Houses in eight Auckland suburbs south of the CBD topped national value rises, up a "whopping" 17.9 per cent annually, according to QV data just out.

Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.

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....

Part of troubled housing development empire Tribeca Homes has been placed into liquidation by creditors.

Shopping around for a mortgage could save New Zealanders up to $28,500 over the lifetime of a loan, according to a new survey of home lending.

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

It's valued at more than $1.5 million and situated in the sought-after Grammar zone - and it could be all yours for just $1. But there's a catch.

The major banks are breathing a sigh of relief that the Reserve Bank has decided to drop the 5+ proposal.

Landlords have hit back at Reserve Bank consultation on their sector, threatening to punish tenants by hiking rents if a tougher lending regime is ushered in.