Contestants in Television New Zealand's new hit DIY reality show may face tax bills of many thousands of dollars.

Mark Zuckerberg is in a dispute with a property developer who claims the Facebook chief executive broke his promise.

Finance Minister Bill English has responded to a warning about a “sharp correction” in the housing market, saying that skyrocketing house prices “cannot go on forever”.

House-hunters have lost thousands of dollars after paying deposits for Auckland rental properties advertised by overseas scammers.

Twelve more areas in Auckland, Tauranga and Western Bay of Plenty have been designated Special Housing Areas, bringing the total to 100, says Housing Minister Nick Smith.

Reserve Bank governor Graeme Wheeler has hosed down speculation he is minded to cut the official cash rate any time soon, say economists.

New Zealand's first factory turning out finished houses has opened in Wellington, aiming to produce up to 500 places annually.

Reserve Bank governor Graeme Wheeler today raised the risk of a "sharp correction" in the Auckland housing market.

The word is that because there is so little to choose from when it comes to finding a property, the mindset among many wannabe movers seems to be “there’s no point selling because there’s nothing to buy”.

Auckland's booming property market is running out of student accommodation. At one inner-city property this week, up to 150 desperate renters queued up at an open home.

House-building approval numbers jumped 16 per cent last year when consents were granted for 24,680 new dwellings.

Auckland: "There are few places on earth one might change so radically and so fast" - Nat Cheshire, architect.

In part four of the Herald series on how to make Auckland better, we look at the pros and cons of health-care in New Zealand's biggest city.

In the third of our five-part Future Auckland series, we aim to stimulate debate.

Prime Minister John Key has said apartments are an option for first-home buyers. Property editor Anne Gibson explores the pros and cons.

Labour leader Andrew Little and Prime Minister John Key are gearing up for their state of the nation speeches on Wednesday.

The strength of Nick Smith's language in his savaging of the RMA prompted immediate concern in the environmental lobby he was trying to manufacture a crisis where there wasn't one.

Study warns that home ownership rates could drop below half in some parts of New Zealand within 20 years.

Precisely the same factors that plunged Ireland into its housing crisis last decade are now in play in NZ and could spark a big correction, says a leading Auckland fund manager.

Renters can strike a bargain when moving into a vacant property but they won't avoid rental price increases, a property expert says.

Renters can strike a bargain when moving into a vacant property but they won't avoid rental price increases, a property expert says.

Renters have been sheltered from the otherwise volatile housing market with rental prices remaining steady over the past months.

Got a problem? Then blame it on the Resource Management Act, writes John Armstrong. "Nick Smith is using the RMA as a smokescreen. The Auckland housing crisis is really a crisis of insatiable demand."

The Government has spelled out its masterplan for reversing skyrocketing house prices across the country - but will the 10-point plan work?

Property developers say the failure to quickly resolve Auckland's housing crisis is not their fault - lack of infrastructure is one of the biggest impediments to more building.

Residents will next month begin moving in to the new $250 million high-rise SugarTree apartment development between Nelson St and Union St.

Perched on the edge of the Waitemata Harbour, this three-storey masterpiece in one of Auckland's finest suburbs is up for grabs.