Latest FromResidential Property
![Rules won't slow building: Wheeler](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Rules won't slow building: Wheeler
The Reserve Bank doubts its curbs on mortgage lending at high loan-to-value ratios will have a material counter-productive effect on house building.
![Labour owns property worth $5m](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Labour owns property worth $5m
The Labour Party owns nearly $5 million worth of property - and taxpayers are footing the bill for five offices rented back to MPs.
![Buyers panic as loan limits hit](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Buyers panic as loan limits hit
First-home buyers are panic buying to get on the property ladder since the mortgage lending restrictions came in, property experts say.
![Property prices up in October](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Property prices up in October
NZ's median house price rose 1.9 per cent to a record in October, although sale volumes were dented as Reserve Bank lending restrictions began to bite.
![Home loans cool as bank checks bite](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Home loans cool as bank checks bite
There are early signs the Reserve Bank's lending restrictions are cooling the home loan market but it may be months before the full impact is known, says an analyst.
![Labour MP's $900k trust role](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Labour MP's $900k trust role
Labour MP Carol Beaumont has been forced to declare her role in administering $900,000 worth of property.
![$200m Vinegar Lane project begins](/pf/resources/images/placeholders/placeholder_l.png?d=795)
$200m Vinegar Lane project begins
Work starts today on one of Auckland's most controversial sites, as a supermarket giant begins transforming the chasm of Ponsonby's Soho Square.
![Immigrants moving into The Block](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Immigrants moving into The Block
It will be like the United Nations on The Block come Christmas time when the new owners of the houses made famous on the TV3 renovation series move in.
![How Key lost home loans bid](/pf/resources/images/placeholders/placeholder_l.png?d=795)
How Key lost home loans bid
John Key has admitted he had to be persuaded to back off his bid to press the Reserve Bank into exempting first-home buyers from the banks' new loan rules.
![NZ housing costs high, pay low](/pf/resources/images/placeholders/placeholder_l.png?d=795)
NZ housing costs high, pay low
New Zealanders spend more of their income on housing than any other developed country in the OECD apart from heavily indebted Greece, a report reveals.
![Auckland prices shrug off limits](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Auckland prices shrug off limits
Real estate agents do not foresee a big drop in Auckland house prices as a result of new Reserve Bank lending curbs.
![Auckland housing project faces delay](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Auckland housing project faces delay
Future stages of Auckland's biggest new housing estate could be delayed because of a planning regulation clash.
![The Block winners: Homes were 'a steal'](/pf/resources/images/placeholders/placeholder_l.png?d=795)
The Block winners: Homes were 'a steal'
The winners of The Block say they think the other homes on the TV3 series were "an absolute steal'' at last night's auction.
!['Fair price' for run-down villa](/pf/resources/images/placeholders/placeholder_l.png?d=795)
'Fair price' for run-down villa
In need of an extensive paint job and a garden makeover, this run-down three-bedroom Grey Lynn villa has sold for $1.215 million.
![Buyer furious as bank pulls loan](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Buyer furious as bank pulls loan
An Auckland man is furious his pre-approved home loan was withdrawn less than 24 hours after he called his bank and was assured the deal was sound.
![Kiwisaver: Inheritance rules for first homes](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Kiwisaver: Inheritance rules for first homes
Lawyer first port of call for grandparent bequests but KiwiSaver offers options for supporting grandchildren, writes Helen Twose.
![Deborah Hill Cone: Get real, young house hunters, you're not special](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Deborah Hill Cone: Get real, young house hunters, you're not special
Deborah Hill Cone's experience has left her even less on board with the national handwringing over heteronormative young couples and their high lifestyle expectations.
![Mother gives up $11m drug property](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Mother gives up $11m drug property
A woman who faced losing her home after letting her son keep a total of $11 million of alleged drug money in her lounge has abandoned the property to join him overseas.
![Rents rise as buyers forced out](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Rents rise as buyers forced out
House rental prices in Auckland could rise up to 50 per cent in some areas because new mortgage lending restrictions are pushing would-be home owners to rent.
![Bank agrees to revisit LVR if data shows up problem](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Bank agrees to revisit LVR if data shows up problem
The Reserve Bank yesterday confirmed it has agreed to re-examine its new mortgage lending restrictions if data shows they are crimping the supply of new homes.
![Trotting club betting on apartments](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Trotting club betting on apartments
Auckland's Alexandra Park could be the scene of more than $110 million of commercial and residential developments over the next decade.
![Pay-per-view for $12m hilltop mansion](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Pay-per-view for $12m hilltop mansion
A grand hilltop estate with sweeping views over Tauranga has hit the market with a $12 million price tag - and a $400 fee just to take a tour.
![Peter Lyons: Housing at heart of our cost of living conundrum](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Peter Lyons: Housing at heart of our cost of living conundrum
The prices of necessities such as shelter and food are rising at a faster rate than non-essential items, particularly manufactured goods, writes Peter Lyons.
![Housing dream for 'wasted' island](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Housing dream for 'wasted' island
A marina village is proposed for a "wasted" island which is a 10-minute ferry ride across Waitemata Harbour from the Auckland CBD.