One of New NZ's most expensive houses, once owned by the Sultan of Brunei, has just got flasher after its owner's secretive but major do-up.

The number of consents issued for new homes fell 9.5 per cent during May, following a 13.4 per cent rise during April, Statistics New Zealand says.

Real estate agents pitch to sell the Hotchin mansion.

Hanover Finance co-founder Mark Hotchin will not be moving into his $30 million Paritai Drive mansion.

About 10,000 new homes need to be built in NZ to keep pace with population growth and ease the current housing squeeze, a new report shows.

All the major trading banks have now lifted their mortgage rates, with BNZ becoming the last to move following the recent OCR hike.

Is our property passion dead?

Next year thousands of cashed-up rugby-going foreigners will invade NZ shores.But how much will they be prepared to pay for a comfy bed and their own kitchen during the World Cup?

Personal finance writer Mary Holm shares her best advice and tips.

ASB Bank has become the first big bank to lift its interest rates - and it says there are more to come.

House prices fell 1.4 per cent across New Zealand in May, according to the latest REINZ Monthly Housing Price Index, released this morning.

Fears of a mass investor exodus from the property market as a result of Budget tax changes have failed to materialise, but many landlords are ready to put up rents.

Allied Farmers says it has has conditional agreement to sell the second stage of the Five Mile property development in Queenstown.