Latest fromResidential Property

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

Reserve Bank 'trying to stem the flow'
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.

More $1m homes sold in March
For the first time in a single month, 10 per cent of all properties sold around the country went for more than $1 million.

Row over $20m leaky payout
A fight has erupted over one of New Zealand's biggest leaky building payouts, as 253 owners of a North Shore apartment/hotel tower battle one another.

Buyers eye eHome NZ
One of the country's largest off-site housing prefabricators, eHome NZ, owes secured creditors $13.9 million.

Suites a taste of the future
Prototype display suites have been built of the first Wynyard Quarter residential precinct, planned for near Auckland's waterfront.

Pulse saga: End finally in sight
Repairs have begun to one of Auckland's largest leaky apartment complexes.

Auckland house prices surge 13 per cent
Auckland house prices surged 13 per cent in the last month alone and are up $83,000 annually, according to REINZ's latest figures.

Old offices become luxury homes
As Auckland City corporates move on up to flash new high-rise towers nearer the waterfront, their dated, cast-off offices are being snapped up.

Pricey slice of Kiwi heaven at $3m
A beachfront holiday home has set a new record, as coastal property prices continue to soar.

Easy commute or $50K off mortgage?
Buying a house on the city's outskirts can save Aucklanders up to $50,000 each year in mortgage repayments, despite the added commuting costs.

Housing NZ sells off 'social' land
A big state-owned site in Auckland once earmarked for social and affordable housing is being carved up for sale.

Auckland market 'a ponzi scheme'
Auckland's housing market is a giant Ponzi scheme, one economist says, as residents pay each other to get in, driving prices up.

Think Sydney's expensive? Try Auckland
Sydneysiders take comfort...Aucklanders are suffering more when it comes to buying a house.

Got a million? Auckland's for you
Sales prices increased almost 4 per cent since February, taking the average price of a residence in Auckland to an all-time high of $776,729.

On property ladder and in life, grass is greener
Spending massive amounts on overpriced objects feels wrong. It's a harbinger of the apocalypse, writes Matt Heath. Anyway, the other day I bought a house in central Auckland.

Dispute leaves rates bill unpaid
A $21,404.80 unpaid rates bill is owed on an Arch Hill house but one of its owners is refusing to pay due to a property dispute.

Do-ups a reality for first-home buyers
Entry-level Auckland home buyers are opting for older houses on smaller sections in need of considerable DIY work.

City 'escapees' thriving
Struggling to buy their first home in Auckland, with twins and another baby on the way, James and Barbara Ryan "did the only thing that made sense", and left.

Property: This generation has it tough
Nearly one in five Auckland first-home buyers now spends more than six years saving for a deposit, delaying the home ownership dream while prices rise.

'Oh boy, has the market moved on'
Council valuations are out of date, with homes selling in Auckland's market on average for more than 15 per cent above their figure of six months ago.

From $55,000 to a cool $1.5m
Catherine Smith was 25 when she bought her first home in 1982 - a three-bedroom bay-fronted Ponsonby villa for $55,000.

Downsizing the Kiwi dream
In the first of a three-part series, Herald property reporter Lane Nichols looks at how the previous generation’s quarter-acre dream is fast becoming unattainable.

$1 reserve home goes for $125,000
An Auckland couple paid just $125,000 for a $1.57 million four-bedroom Grammar zone character Greenlane house yesterday.

'Super eight' suburb values up 17.9pc
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.