Latest from Residential Property

Retiree finds new village gives her room to breathe

Ngaire Duncan from Chatswood on Auckland's North Shore wanted to move to a retirement village but she hates high-rises.

Cashing in on the past

This five-bedroom bungalow has seen five generations through it, but you wouldn't know it.

Consumer Watch: Limit makeovers for top profit

As property prices rise, more homeowners are staying put and renovating - and if they do it well, they should be able to double their money, experts say.

P labs leave costly stink

A leading property firm is setting up a team to fight for compensation over houses that have been contaminated by methamphetamine.

House-price expectations easing

Expectations that house prices will rise have eased in ASB's quarterly survey of housing market sentiment, remain high by historical standards.

House sales fall 17pc - prices down

Dita De Boni: Property bubble losing pressure

There's a heap of trouble when you're floating along mindlessly in a property bubble that is fast deflating, as we in Auckland city are about to find out, writes Dita De Boni.

Buying in the wops? Factor in car costs

Migrating to the outer suburbs may not be the affordable dream many Aucklanders believe, according to a new study which lays bare the true cost of commuting.

Auckland house prices overtaking Melbourne - Labour

Auckland economy set to sparkle

Auckland's economic prospects look the best in seven years, based on labour, housing construction and manufacturing activity.

Squeezed in city of rising rents

Renters are paying up to $70 more a week than they were four years ago in some of Auckland's city fringe suburbs.

Huge Wanaka development set to begin

By this time next year, the first buildings could be going up in Wanaka's single-biggest commercial and residential development.

Banks 'stress-testing' mortgagors

Major banks are "stress-testing" mortgage borrowers to ensure they will be able to meet repayments when higher interest rates hit.

'Ferals' hit rental market

'There's not a rental shortage, there's a lack of etiquette." Landlords have had enough of the 'feral' behaviour of prospective tenants they're refusing to rent.

Auckland house prices fall

National house prices hit a new high of $427,000 last month but new mortgage restrictions and a Christmas slowdown was blamed.

House sales fall as market softens

The number of houses sold in NZ fell in December, continuing a trend of a slowing housing market - although the national median sale price rose slightly.