Drone footage captures the dramatic moment the multi-million dollar mansion burnt to the ground.

A multimillion-dollar Waiheke Island mansion, formerly linked to Mark Hotchin, will go up in flames today.

House prices and turnover rose in February from a year earlier as Auckland's cooling property market stoked interest across the rest of the country.

Three banks say they will pass on only part of the surprise official cash rate cut made by the Reserve Bank.

Wheeler's surprise move at odds with the way he was talking a few weeks ago, write Liam Dann.

One of Auckland's first two multi-storey state housing blocks has been sold to Auckland University to help meet a desperate shortage of student accommodation.

There must be some irony in council chief executive Stephen Town floating the idea of an independent consensus group to help resolve divisions over housing density in Auckland.

WATCH: Fran O'Sullivan, Brian Gaynor and Liam Dann dissect the surprising rate cut and what it means for house prices.

Adult entertainment and property investors strike deal for troubled builders.

Police are investigating an incident at the Anthem vineyard estate involving bankrupt developer Dave Henderson and former All Black Grahame Thorne.

Which suburbs now have a median house price of more than a million dollars?

Wealthy American golfers are desperate to snap up a piece of Pacific coastline - even if it's 13 hours from California.

WATCH: House is as about as far from a rundown shack as you can get.

See these three Auckland real estate agents show off 2 Leighton Street, Grey Lynn. Once described as a 'hovel' - it's now been transformed.

Their neighbours hate them.

A unique and timeless Waikato home featuring 1000 tonnes of marble surfaces, a waterfall, and an eye-catching copper dome is going under the hammer.

Apartment owners in a city block fear a new high-rise will obliterate their views of the Hauraki Gulf. Plans have been approved for a 10-level, 35m-high building on Karangahape Rd, squashed next door to the heritage George Court Apartment Building.

Securing a rental property is becoming increasingly difficult as the housing crisis continues - taking prices up with it.

City of Sails house values have cooled as priced-out Aucklanders flock to the Bay of Plenty, new property figures reveal.

Much of fear generated by the city's "intensification" plans lies in visions of three or four storey apartment blocks rising next door to suburban homes.

Punters will be able to see for themselves the transformation of a dilapidated hovel as the luxurious Grey Lynn home opens for public viewings.

Sales data from New Zealand's biggest real estate agency showed a 17 per cent annual price jump for Auckland and Northland.

Barfoot & Thompson figures showed the number of new listings in February doubled, but fewer properties sold.

The property at 2 Leighton St, Grey Lynn. Marketed as Worst house / Best suburb by Barfoot & Thompson, has had a makeover.

Councillors finally moved to rethink rezoning plans, and it's about time too, writes Brian Rudman.

Property market tables turned - check your region to see how it fares.

Opponents of building more densely in Auckland reject overture as 'nutty.'

Questions over what new property data will mean for Auckland market.

Prime Minister John Key will not rule out Government intervention to solve Auckland's housing problem.