Latest from Residential Property

$1600 a night World Cup B&B for sale
The Auckland bed and breakfast that quoted a Yorkshire woman NZ$1600 a night for a room during the Rugby World Cup is being put up for sale.

Sellers dropping prices as market hits tipping point
The average asking price for new listings fell 3.6 per cent to $407,349 during May, latest figures show.

$1m addresses on the increase
What do you think is the country's most expensive street? The answer might surprise you.

Township doomed as locals given boot
A community in an idyllic coastal spot has been told it must leave within a year.

IRD may hit commercial fit-outs
The Government has embarked on a path to abolish building depreciation on virtually every building type and could hit depreciation claims on commercial building fit-outs in future, says Bayleys Valuations director John Freeman.

<i>Bernard Hickey:</i> Housing squeeze will widen generation gap
New Zealand needs to have a debate about our taxation system, our pension system and the looming clash of the generations, writes Bernard Hickey.

Budget 2010: No tax depreciation on commercial, rental property
Owners of both commercial buildings and rental houses will no longer be able to claim depreciation on their investments.

Tips to cope when the leaky roof comes down
An apartment owner in one of the country's worst-affected rotting blocks wants to help thousands of others through the leaky building nightmare.