Auckland least affordable area
Auckland is now the least affordable area for buying a home, taking that mantle from Queenstown for the first time since 2002.
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Latest fromResidential Property
Property investment takes big hit in new survey
A new survey shows the number of New Zealanders interested in investing in residential property has declined significantly, for the first time in several years.
Mystery over Five Mile Allied Farmers finance
The man behind the $27m purchase of a Queenstown property development from Allied Farmers is declining to say how the deal is being financed amid speculation Allied may be helping him.
House sales drop to 10-year low
A top economist says the property market is "stuck in neutral at best", but REINZ says property prices in the main centres are holding up well.
How property prices can drop 4pc (and almost everyone wins)
It's really easy to cut out the middleman.
Govt reduces red tape for DIYers
DIYers will be able to undertake more minor work without red tape and builders will be forced to stand by their work, under law changes.
House price fall of 4.1pc predicted in new report
A report prepared by business researcher Infometrics is predicting house prices will fall 4.1 per cent by next June.
Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.
<i>Bernard Hickey:</i> Ten reasons why house prices have 10pc to fall
The fundamental problems with the NZ housing market are coming home to roost, writes Bernard Hickey.
National house prices: How you fare
A "do-nothing" sentiment is gripping the property market and the number of house sales is down a third from a year ago, says the valuation agency QV.
State houses for 'most needy'
The Govt will increasingly look to charity to fund low-cost housing as it moves towards restricting state housing, the Housing Minister says.
More non-govt input needed in housing - report
Increased participation by non govt organisations is needed to address a growing shortage of affordable housing, a report has found.
Auckland property 'stuck in neutral'
Auckland house prices held firm in July, but the number of sales slipped, new numbers suggest.
Lodge nestled in stunning Ruapehu region
Purpose-built facility could easily be used as private house, writes Colin Taylor.
Richlister builds house to rival nation's costliest
Expat marketing and IT millionaire Tim Williams is building one of New Zealand's biggest and most expensive houses.
Building consents stay in the doldrums
NZ's residential property sector remained subdued last month with permits for new construction edging up from a slump in May, while commercial property extended its decline.
Housing consents edge up in June
The number of consents issued for new home building nudged up 1.7pc in June.