Latest fromResidential Property

Govt predicts boom year for house builders
Builders will put up 18,000 to 20,000 new houses this year, according to a forecast.

Insulation scheme plagued by poor work
Poor workmanship has forced inspectors to double the number of random checks and introduce tougher penalties under the Govt's popular home insulation scheme.

The Mahina house
An artist's impression of the Mahina house design for a possible property on Kawau Island.

Votes split over 'Bond' project
A futuristic mansion worthy of a Bond movie is tipped to divide a small island community.

Multi-millionaire hacker buys Chrisco mansion
A convicted German computer hacker is believed to be the secret buyer of the $30m Chrisco mansion.

HNZ bribe claim not first - tenant advocate
Allegations that a Housing New Zealand (HNZ) staff member has been taking bribes is not the first claim of its kind, says a tenant advocate.

'Flood' of unsold homes as prices dip
The volume of houses sold nationally last month plunged 17 per cent and the market has slipped.

Tax reforms to put brakes on house prices - experts
The dream of first home ownership will be made easier by Prime Minister John Key's likely tax reforms, economists said today.

Change in property rules 'inevitable'
The status quo for property investors cannot be sustained, Tax Working Group member John Shewan says.

Relief in property circles as most tax options ruled out
The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key's speech yesterday, but he is wary of what is to come.