Latest Residential Property News from NZ Herald
The growing gap between rich and poor has made an extra one-sixth of Aucklanders truly "tenants in their own country".Aucklanders who own their own homes have declined from 74 per cent in the 1986 Census to 58.7 per cent last year,...
As Georgina Kupa tells it, it was no accident that the proportion of Aucklanders owning their own homes peaked in 1986 - the last year that families could cash in the future value of their family benefits.Mrs Kupa and her husband...
The trend of more renters in Auckland is to continue into the middle of the century, with an Auckland Council analysis tipping three out of 10 households will not afford a $400,000 house by 2051.The council suggests that if 450,000...
Realistic rents and building upgrades are credited with filling up retail space in Hamilton's central city.There are fewer empty shops in the CBD than at any time in the past three years, with mainly food and fashion retailers moving...
Auckland's biggest real estate agency recorded its strongest January in four years but prices were still down on December.Barfoot & Thompson's data for last month showed 683 sales, down on December's 714, and prices down from December's...
The embattled owners of a group of subsiding homes are going to court against their council after it appealed a rare and drastic determination by the Department of Building and Housing.The owners of three recently built homes in...
On a weekday afternoon, Gulf Harbour is deathly quiet. That is until a bunch of schoolboys - still wearing knee-high socks - pull up in an ageing Japanese hatchbacks and head out to the jetty with boxes of beer under their arms. As...
Barfoot and Thompson, Auckland's largest residential realtor with 40 per cent of the market, reported its strongest January month in four years and said it expected gradual and modest increases in house prices over the first quarter...
Hollywood director James Cameron says he wants his children to grow up close to the land and with a strong work ethic when they make the move to South Wairarapa.The Avatar and Titanic director has bought two farms in the South Wairarapa...
The inventory of homes for sale in the Waikato region has seen a dramatic decline, with the number now less than half that at the same time last year, a report shows.But Hamilton real estate agents say the city's market is likely...
Hollywood director James Cameron's purchase of more than 1000ha of land in south Wairarapa has divided politicians but been given the green light by our top farming lobby group.The Avatar, Titanic and Terminator director has bought...
He is the brains behind some of the most successful films in history but Hollywood legend James Cameron apparently plans to junk his jet-set lifestyle for life on a farm in South Wairarapa.The Avatar, Titanic and Terminator ...
Estate agents are placing signs in shop windows for "properties wanted immediately" amid a housing shortage that has slid to the lowest inventory of homes available for sale in four years.Other estate agents are cold-calling property...
A home belonging to the family of rich-lister and Lockwood Homes co-founder Jo La Grouw Snr is for sale.The late Mr La Grouw built the family home, a Lockwood, in Rotorua in the early 1950s as a prototype for the company that built...
Increased buyer demand combined with a four-year low in the number of houses for sale is creating fierce competition between those wanting to snap up a share of the real estate market.The sluggish number of house listings is failing...