Latest from Residential Property

Mark Lister: Reserve Bank in tight spot on house hikes

Despite it being only March, we've already seen 17 central banks around the world reduce interest rates this year.

Bach owners face rental tax

About 1400 private bach owners on the Coromandel face being stung with a new council charge if their properties are rented out as short-term holiday accommodation.

Bella Casa: Luxury in Remuera

Bella Casa, one of Remuera's most luxurious mansions, could set a new record for the suburb this year if it sells for $15 million to $20 million.

Auckland's economy booming

Auckland's economy is expanding quickly with strong immigration, employment, wage growth and tourist arrivals.

Property report: Mangere Bridge - Southern attraction

Fun lifestyle, location and community feel sell this suburb, says Graham Hepburn.

Property report: Otahuhu may be the next Ponsonby

Otahuhu is much like the Ponsonby of old and offers stand-alone character homes on good size sections with a colourful and character filled main street.

Property report: Industry experts have their say

Experts from the industry have their say about the property market.

Buyers, lenders hold breath

The Reserve Bank is considering tighter mortgage lending restrictions, and could impose them within months, reports Tony Verdon.

Property report: Room for landlords to move

Statistics indicate that the disparity between rents and house prices means the upward price spiral may still have a long way to go.

Property report: Ground rent needs cautious approach

Leasehold properties have a tarnished image but can still suit some homeowners and investors. Tony Verdon reports.

Banks relieved as proposal dropped

The major banks are breathing a sigh of relief that the Reserve Bank has decided to drop the 5+ proposal.

Landlords hit back

Landlords have hit back at Reserve Bank consultation on their sector, threatening to punish tenants by hiking rents if a tougher lending regime is ushered in.

NZ's biggest apartment plan

A new $300 million 800-unit Albany project, promoted as New Zealand's largest residential apartment development, has just been announced. Martin

Housing crisis: Jump in house listings

Crisis persists despite building rise

Building activity has reached its strongest growth rate in almost 15 years and is up sharply in the latest quarter, but critics say it is still not helping relieve Auckland's housing crisis.

House prices: Are they up or down?

A day after QV released stats showing yet another increase in property values, Auckland realtor Barfoot & Thompson says last month saw a fall in prices, as more properties came on the market.