Latest from Residential Property

Gang crackdown: Police seize $250m in real estate assets

The crackdown aims to strip gangs of luxury property, expensive cars, jewellery and cash.

'No price on paradise': Who's building on city's biggest waterfront site?

$15m new house, initially planned in 2016, now under way

Residents complain of restrictions in lockdown, managers defend

"At another village, staff and management disappeared completely for weeks."

Humble three-bedroom Auckland home sells for $8m - $2.4m above CV

What pandemic? Bidders engage in furious war for Remuera home.

Two American film studios eye south Auckland production sites

"You could possibly end up with more than one film studio at Drury" - Hughes

Augusta Capital defers $70m+ hotel projects

This is a major setback for Augusta.

Why house prices must fall - and why the news isn't all bad

Experts and investors take a deep dive into what to expect from post-Covid house prices.

Funding for property development and subdivisions dries up

Developers will have to hold on until financiers feel more confident again.

House prices tipped for 7% fall, despite lockdown success

Westpac tips house prices to fall 7 per cent by the end of this year.

Lockdown toll: Number of house sales drop 78.5% but activity picking up again

Despite fall, industry experts say activity is now picking up again.

Budget 2020: $5b housing spend up questioned after Kiwibuild debacle

"Demand for social housing will increase" NZ Housing Foundation.

Budget 2020: Auckland could get 2600 new public houses to tackle homelessness

More than 400 rough sleepers taken off streets during lockdown need permanent homes.

Budget 2020: Govt to borrow $5b to add 8000 state and transitional houses

The Government wants to add 8000 more state and transitional homes over five years.

Budget 2020: Housing providers ready to build 8000 new public houses - but say more needed

Groups say 14,869 people registered on public housing waiting list by end of last year.

Lockdown landlord told he must wait until tenants decide when they move out

In the meantime they are paying nearly $1400 a week for temporary accommodation.

Mortgage wars: NZ's largest bank offers home loan under 3 per cent

Rates likely to stay near historic lows but uncertainty over jobs sours outlook.