Latest from Residential Property

$2 million home demolished for car park

A stately home with a CV of $2.6 million that stood for nearly a century in Remuera Rd has been demolished by its new owner and turned into a parking lot.

Quiet end to 2015 property market - TradeMe

New Zealand's property market settled in December, ending a booming year of property sales on a quiet note.

Southern suburbs lead gains

South Auckland suburbs recorded the city's biggest property value gains last year as buyers priced out of more affluent suburbs scrambled to secure homes.

First-home buyer jumps in the deep end

Auckland first home buyer Ollie Wall wasn't worried last winter when he borrowed $520,000 to pay $680,000 for a Freemans Park apartment.

Auckland house values up less than 1pc

The latest QV stats revealed that Auckland's house value increases slowed to almost snail's pace last month.

House price figures could show cooling

Quotable Value figures out tomorrow are expected to show a cooling in prices in December.

NZ property popularity with Chinese buyers slips

New Zealand has slipped in popularity for among Chinese buyers since the government and Reserve Bank introduced buyer restrictions.

Auckland home affordability improves (marginally)

Auckland housing affordability has improved slightly - but the city is now 59 per cent less affordable than the rest of New Zealand.

Kiwi home ownership falls as renting grows

Renting has become more common while the number of dwellings that are owner-occupied is decreasing.

Top 10 house sales of 2015

The country's 10 priciest house sales have a collective worth of more than $100 million and feature extravagant trappings ­reserved for the super rich.

Brian Rudman: Dear Santa - Bring us 'affordable' homes

As Santa heads to Auckland soon, here's wishing he stops off in Sweden and picks up 40,000 "affordable" Boklok homes from Ikea, writes Brian Rudman.

$1.56b in home loans in one week

The value of home loan approvals hits new record.

Suburbs where house prices have soared

New figures reveal what's hot and what's not in Auckland.

SBS tips profit hit to keep headline low rates

Affordable housing scheme launched

Two hundred new residences are planned for Hobsonville Point, half of which will be priced under Auckland's median house price.

Sellers may need refund: Labour

Thousands of house sellers should be refunded money paid to advertise properties if a Commerce Commission case succeeds, Labour says.

Auckland's new zoning maps released

Auckland residents and ratepayers can now see if their suburbs are destined for new multi-storey developments.

Stephen Scrivens: Regulation straitjacket holds back innovation

A combination of over-regulation and over-taxation is a sure way to destroy a stressed business, writes Stephen Scrivens.It is inconceivable that any politician will willingly reduce taxes but the Government could cut red tape