The Government remains unconvinced about a proposal to put a cap on how much money households can borrow for a mortgage.

Concerns about a lack of affordable Auckland housing and the high cost of building materials dominated a select committee today.

Steven Joyce has cautioned property buyers from getting too comfortable with NZ's low interest rates, hinting the house price boom is running out of steam.

Tenders close later this month for the 33ha Auckland farm owned by multi-millionaire Eric Watson.

A Waiheke mansion owned by former All Black Marc Ellis has been sold for $8.2 million.

All Metlifecare retirement villages are being reviewed after four villages were found to have watertightness issues.

Five character villas sitting in a row on one of Auckland's most exclusive and well-known streets are on the market as their high profile owner sells up.

A Mt Eden homeowner is taking legal advice after two estate agents failed to disclose the house was next door to a residential drug rehab clinic.

January is normally associated with a dip in prices but for the first time in 14 years the average and median prices paid were up.

The Bay of Plenty's "hidden paradise" Pukehina is attracting a lot of attention from buyers keen to own a beachfront home.

Lake city remains a popular alternative to higher-priced cities, says QV.

Between filthy flatmates, noise pollution and eye-watering rental prices, share houses come with their fair share of pitfalls.

The collective value of the two homes soared $550,000 in less than a week.

It's a radical transformation: from protected heritage ex-Auckland Council's headquarters into new apartments. The first visuals

Huge new mixed-use property project planned on council-owned Auckland land, being sold to a developer

Billionaire New Zealand citizen Peter Thiel has been reported to be President Trump's potential ambassador to Germany.

An estate agent facing meth and perjury charges broke down in tears while adamantly denying she bought or used drugs.

Controversial American billionaire, Trump donor and venture capitalist Peter Thiel has taken NZ citizenship and quietly acquired a Wanaka lakefront estate.

Wealthy Americans are preparing for a potential doomsday by buying property in New Zealand.

Unusual feature of new $15m heritage apartment project revealed

Paihia woman 'vehemently denies' using coded real-estate terms to organise buying P from drugs kingpin.

New Zealand's politicians need to get the "guts" to introduce major reform aimed at tackling housing affordability, ACT Party leader David Seymour says.

Christchurch housing became more affordable in 2016, bucking the trend across New Zealand's housing markets.

Auckland's worsening housing affordability could be eased by freeing up more development land, one business leader says.

Trying to break into the property market by yourself - with no partner, family or friends - is a tough battle.

The annual Demographia housing affordability survey is out and unsurprisingly it paints a disturbing picture when it comes to our largest city. Herald property editor Anne Gibson gives us the details of how bad affordability is in Auckland.

Auckland has gone from the world's fifth least affordable city to its fourth, now behind Hong Kong, Sydney and Vancouver as the least accessible housing market.

A home belonging to world renowned marine biologist Bill Ballantine is on the market after more than 50 years.

A new business thinks it has found a way to get more first-home buyers into the property market.

From converted garages to spaces so tiny the bed has to be mounted on the wall, the typical studio flat is becoming ever smaller.