The Auckland Council reckons Auckland is 20,000 to 30,000 dwellings short of what it needs, writes Brian Fallow.The NZ Institute of Economic Research begs to differ, putting the shortfall at just 5000.

It would take 19 median incomes in Auckland to buy a home for the city's median house price, a Herald analysis has found.

Auckland property values continue to surge ahead, up 15.2 per cent in the last year.

Housing Minister Nick Smith and his Cabinet colleagues have finally decided to lead from the front in dealing with Auckland's housing crisis, writes Brian Rudman. They are to fast-track the purchase of 16.5ha at Hobsonville Pt.

Kiwis keen to sell off their homes continue to hold the upper hand in New Zealand's property market, despite a slight ease in the national asking price during November.

Westpac Bank has launched a new service offering electronic coaching to people saving for their first home and a $1000 carrot to those who manage to reach at least $10,000.

Financier's share from sale just a portion of $39m price - unless FMA gets it.

The coastal property market is making a comeback after years of stagnant or declining prices.

Auckland's most expensive house, the seven-bedroom mansion on exclusive Paritai Drive partly financed by former Hanover Finance director Mark Hotchin, has been sold to a businessman for $39m.

The building industry has stepped up pressure on the Reserve Bank over its loan to value ratio (LVR) loan restrictions.

A successful building plan will result in a 10,000-home oversupply in Auckland, says NZIER.

Making houses more affordable in Auckland will require far more land to be freed up .

A captain of a fishing vessel in Nelson was making more than $100,000 a year and living in a state house, Housing Minister Nick Smith said last night.

A four-bedroom Meadowbank home bought for $973,000 in May was sold for $162,000 more three months later despite no renovations.

A Victorian homestead in Pt Chevalier is being temporarily removed from its site while its church owner seeks a resource consent to permanently remove it and construct a replica building.

Four years since work started at northwest Auckland's 3,000-residence Hobsonville Pt housing estate, the 150th house is about to be finished.

Rent increases have made all low-income groups in Auckland except superannuitants worse off in real terms than they were five years ago, according to the Salvation Army.

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.

The Labour Party owns nearly $5 million worth of property - and taxpayers are footing the bill for five offices rented back to MPs.

First-home buyers are panic buying to get on the property ladder since the mortgage lending restrictions came in, property experts say.

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.

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 Carol Beaumont has been forced to declare her role in administering $900,000 worth of property.

Work starts today on one of Auckland's most controversial sites, as a supermarket giant begins transforming the chasm of Ponsonby's Soho Square.

An enterprising landlord has been swamped with inquiries about his modest rental property after offering a free holiday as a sweetener to prospective tenants.