Property plunge: Largest first-quarter fall in 15 years
Property market downturn gaining momentum.
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Latest fromResidential Property
Scarbro was building 89 apartments for state's Kāinga Ora when it failed
Another major building firm calls in liquidators.
Big builder in liquidation after series of adverse events
Four big problems have devastated the company's ability to trade.
Big southeast Auckland rezoning application in for 3000+ new homes
The site is partly occupied by the Rydges Formosa Golf Course and Resort.
Wānaka developer insolvent, $440k owed to IRD
IRD appears on a statement of affairs, owed $448,000 as a preferential creditor.
Cyclone Gabrielle partly blamed for house consent applications falling 29%
Fall seen across nearly all regions, and Auckland becoming more apartment-friendly city.
March of suburban apartments soon to eclipse CBD: new study
In six weeks, 872 new units will be finished, boosting non-CBD apartment stock to 21,476.
‘I’m stunned it’s so little’: Landlord reacts to record rent prices, cost of living
High inflation, food prices make less dramatic rent increases surprising, landlord says.
Posie Parker risks culture clash, mortgagors worse off & Picton chemical spill | Focus Morning Bulletin: 23 March, 2023
Anti-trans activist given the green light to enter New Zealand, house sales plummet to a 40-year low and just how bad is the education crisis in the latest New Zealand Herald headlines. Video / NZ Herald
‘Sold out in 3 minutes’: How 66 new Northcote apartments sold in 2021
"By 9.05am, 260 qualified buyers were waiting to buy."
Sky high: Developer unveils its 15th Auckland apartment block today
In a month, Ockham is due to open the new 117-unit Aroha at Avondale as its 16th block.
Construction sector 'cashie' crackdown: 50,000 businesses late with tax payments
Under-declaring income via cash jobs a major issue, IRD says.
Construction crunch: More building firms fail, homeowners in the lurch
Peter Wolfkamp, Newstalk ZB’s resident builder worries about recent string of failures.
'Bombed out': Neighbours up in arms about half-finished apartment complex
Tough times for developers leaves Auckland street with unfinished eyesore, neighbours say.
Ten 'unfair' retirement village practices: Govt review under way
Practices a focus of Government review announced in December, due out this September.
‘Mum and dad landlords aren’t the enemy’: National unveils build-to-rent housing policy
Promise to bring back brightline test and interest deductibility.
'Living in a soup of humidity': Air-con issue dogs some residents in luxury high-rise
"It’s like living in a soup of humidity - but with a great view."
House values falling but still up 24.5pc on pre-Covid times
Prices would need to keep falling for another two years before they hit pre-Covid levels.
'Dream turning into a nightmare': Family fumes waiting for land settlement
'It looks as though our family dream home is now unachievable.'
$200m plans: Fletcher Residential's vision for 306 new Auckland homes
Overseas Investment Office consent was needed by Fletcher Residential.
Resident sets up vibrating device to aggravate neighbours in NZ's tallest apartment tower
The bizarre device is designed to make a dull, repetitive noise 24 hours a day.
750 buildings condemned after January floods, Cyclone Gabrielle
Hundreds of buildings have been red-stickered and thousands yellow or white-stickered.
Muriwai residents vent anger at Auckland Council staff over future of slip-hit houses
Locals had packed into Muriwai Golf Club to find out the fate of their homes.
Developer's plan to deliver 1000 homes per year in Auckland, ponders capital moves
Du Val Group considering how the company can grow.
Baby living in mouldy, damp house suffers respiratory illness
Medical evidence showed the mould-ridden house caused lasting health issues to a baby boy.
Million-dollar loss: Auckland house bought for $2.3m sells one year later for $1.3m
Auckland prices still falling, now 21 per cent down on this time last year, Reinz says.
Focus: PM Hipkins says managed retreat possible for Cyclone Gabrielle hit communities
PM Chris Hipkins says communities may have to make some 'tough calls about managed retreat' following the destruction from Cyclone Gabrielle. Video / NZ Herald
558 red-stickered homes in Auckland; cyclone-hit tower to be demolished over collapse fears
Residents next to a tower say they've been complaining for years.
Auckland city tower collapse fears: ‘From doing nothing to over-reacting’ - evacuated residents frustrated
Residents next to a tower deemed a safety risk say they've been complaining for years.
Cyclone Gabrielle wreaks havoc, firefighter missing in slip & not so rosy Valentines | Focus Morning Bulletin: 14 February, 2023
Cyclone Gabrielle hits as heavy rain causes flooding and slips, how the severe weather is affecting our housing market and why this Valentine's day may not be all rosy in the latest New Zealand Herald headlines. Video / NZ Herald
Property investors choosing one-year fixed mortgages
Property investors prefer to lock in a one-year fixed term over a longer option.
Builder insolvency to cost creditors $698,000
A slew of problems, some pandemic-related, seem to have struck another builder.
Auckland housing developer folds after lender says ‘no’
Five big problems blamed for housing developer's failure.
Editorial: Nimbyism goes bananas as housing intensifies
OPINION: Our editorial on neighbours' anger at multi-storey developments.