Latest fromResidential Property

Fresh hurdle for house-hunters
The Government says it will not rule out new restrictions on house-buying which are tied to a buyer's income.

House prices dip as Aucklanders flee
Property prices dipped one per cent across New Zealand in April - but are up 7.7pc compared to the year before.

Brian Rudman: Profit gods hunting viewshafts yet again
COMMENT: That the battle to preserve the volcanic cones viewshafts in Auckland rages on highlights just how bad we are at protecting our heritage.

Ngati Whatua reveal house project challenges
The Auckland iwi have released a behind the scenes video showing its new housing estate.

How foreign buyers beat the system
Experts and politicians are skeptical about the new data on foreign buying in New Zealand; one reader shows how the system can be beat.

Poll shows property prices to keep rising
The number of people expecting price gains in the housing market is more than 50% in the first quarter, according to ASB's Housing Confidence Survey.

New hope for house hunters
Bill English has signalled that further steps to address housing shortages in Auckland will be announced in the Budget to help more people into their own homes.

The truth about foreign buyers
Nearly 60 per cent of Auckland houses sold to foreign buyers went to Chinese investors, new data shows.

Well-worn bungalow sells for $2m
An older-style and largely original three-bedroom bungalow overlooking the Titirangi Golf Course has sold under the hammer for $2 million.

From $335,000 to $590,000 in 9 months
Rampant speculators are cashing in big on Auckland's property market, with one house sold five times in just nine months.

Rich lister's land in protected-tree row
A strip of coastal pohutukawa forest has been "devastated" along a Takapuna beach clifftop, on and adjacent to land belonging to a Rich List developer.

Missing out on first-home subsidy
Aucklanders appear to be being short-changed when it comes to accessing a Government subsidy aimed at helping first home-buyers.

BNZ profits fall 16 per cent
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected

Zoltan's boat plea gets no callers
An Aucklander who came up with a creative solution to skyrocketing house prices has been so far unsuccessful in search for a financial backer to fund the dream.

Buyers 'neglecting checks'
A "frightening" number of people are racing to buy Auckland homes without doing proper due diligence, a property expert says.

Chinese teen's gutsy letter to Kiwis
A NZ-born Chinese teenager has blasted the attitudes of some Kiwis towards her, saying they see her as "just another foreigner" here to buy their houses.

Bargain South Auckland property sold
The 13 Sandbrook Ave bungalow in Otara went unconditional last night after the owners chose the best of two offers.

Auckland property sales slump 29pc
Barfoot and Thompson reports the slowest April in four years, while Quotable Value says values were up 2.1pc over the past three months.

Houses trumping latest council CVs
Just seven months after new valuations were set for Hamilton homes, some are already fetching up to $205,000 above those figures.

Felix Marwick: Politicians lack will to deliver tough medicine on housing
COMMENT: We've all got high on our burgeoning property prices and no politician will likely have the courage to take our fix, and our paper wealth, away, writes Felix Marwick.

Editorial: A few home truths for our leaders
EDITORIAL: Our "Home Truths" series has concluded with some possible solutions to runaway house prices that leave many facing rented housing for the rest of lives.

Our house hunters - in their own words
At the end of Home Truths series, the three would-be buyers who invited readers to follow their journey tell Andrew Laxon how they found the experience.

Steve Braunias' Secret Diary of Auckland housing boom
COMMENT: As a candidate for the top job at the United Nations, it's my belief that everyone in the world deserves a safe harbour to rest.

Buyers head south
The average value of a Te Kauwhata home has jumped from $318,800 in March 2015 to $391,900 this month - a rise of 21 per cent.

$500 property scheme defended
The boss of a new business offering a $500 entry to the property ladder via shares has defended his scheme.

Contents insurance an absolute must
Tenants have been strongly advised to take out contents insurance to guard against being sued for damaging rental properties.