From packing supermarket shelves to owning $15m north Auckland home
A Kiwi entrepreneur has gone from packing shelves in his dad's supermarket to now putting one of New Zealand's most expensive homes up for sale.Supermarket baron John Smith's clifftop home in the Mahurangi Peninsula in North Auckland... More
Australia's most expensive home sells for $150m
An off the plan apartment has smashed the record for Australia's most expensive home.The top three floors of One Sydney Harbour tower in Sydney's exclusive Barangaroo South development precinct has been sold for A$140 million (NZ$150m).The... More
Bunnings extends flat-pack home design range, 72 NZ houses now up, 21 builders approved
Bunnings is expanding its range of flat-pack homes, 72 of the structures are now up throughout New Zealand and a list of 21 approved builders has been released.A Bunnings spokesperson said demand was growing for the products, starting... More
Mangere warehouse with vacant possession in low-vacancy market
Auckland's low-vacancy industrial market is expected to drive strong buyer demand for a substantial warehouse for sale with vacant possession in the industrial hub of Mangere.Andrew Hooper, director of Colliers International's... More
Japanese-inspired home in Gisborne voted supreme in architectural awards
A touch of Japanese culture in a Kiwi setting is the winning recipe in this year's top architectural awards. A humble but unique family home in Gisborne has been named the supreme winner in the 2019 Resene Architectural Designers... More
'We will fight you for ever and ever': SkyCity AGM met by unionists with a message
"We will fight you for ever and ever," chanted 31 union protesters in te reo Māori outside SkyCity Entertainment Group's AGM today in Auckland.Members of SEA Unite sang waiata and chanted their protest message as they held... More
$350m property deal: Dress Smart and Meridian malls up for sale
Three prominent retail properties across New Zealand are up for sale in a deal which could exceed $350 million.Dress Smart discount retail factory outlet malls in Auckland and Christchurch and Dunedin's prominent Meridian Mall on... More
More home loans tipped for investors in boost to house prices
Banks may soon be able to offer more home loans to investors in a move that could push national house prices back into strong growth.Investors had earlier been buying fewer properties after tough new rules introduced in 2016 made... More
Auckland homes becoming more affordable, but investors eyeing up bargains: Home Affordability Report
There are good and bad signs for first home buyers as Auckland houses become more affordable but investors jump back into the market and provide increased competition.City homes were now almost 10 per cent more affordable as falling... More
Petition to Parliament urges reform of law governing $50b apartment sector
A petition has been launched urging the Government to reform the law governing New Zealand's $50 billion apartment sector.Judith Collins, National's housing and urban development spokesperson and Auckland Central MP Nikki Kaye said... More
Fletcher opens giant Wiri prefab house-building factory: 22-week build could be just 6 weeks
Fletcher Building has today opened its long-awaited giant new high-tech pre-fabricated house-building factory, aiming to cut a 22-week lead time down to six weeks."Fletcher Building today announced that Clever Core, New Zealand's... More
Two-thirds of buildings investigated by Palmerston North City Council may have structural problems
By Phil Pennington for RNZ The mass defective design of buildings to withstand earthquakes in Palmerston North has been revealed in the face of official resistance.The city council has known for 18 months that two-thirds of... More
Experts question shoddy building claims: 'no evidence' steel being pulled from concrete
An engineering chief and an Auckland Council official have challenged claims there are widespread defects in major New Zealand buildings.They have also called for hard evidence of structural steel being pulled from concrete before... More
Yabba dabba don't: Fred Flintstone home goes under the hammer
Auckland's "ugliest house" is still waiting for a fairytale ending.Buyers today said "yabba dabba don't" to the Fred Flintstone-style Mt Roskill home, leading it to be passed in at auction after just one $500,000 bid. READ MORE:... More
Mt Eden rental 'unsuitable for human habitation' Tenancy Tribunal finds
An Auckland woman has been awarded more than $5000 after her flat was found to be unfit to live in due to dangerous mould levels. The woman, who the Herald agreed not to name as she is looking for another property, had just signed... More
Westpac tips house prices to rise 7 per cent next year
Westpac is predicting that house prices will increase by up to 7 per cent in 2020 and now ASB says the market is "springing back into life".The Westpac prediction comes as the latest data from the Real Estate Institute shows prices... More
Should you be allowed to buy an investment property with KiwiSaver?
People who live in a major city for their job but can't afford to buy a home there could be allowed to use their KiwiSaver money to buy a property elsewhere, under a proposed change to the retirement savings scheme.At the moment... More
Widespread defects revealed in major NZ buildings
By RNZ New imaging technology has revealed hundreds of major buildings nationwide have defective or missing concrete or reinforcing steel.Concrete investigators say their scanning shows many buildings have not been constructed... More
Fred Flintstone auction: Potential buyers face struggle for finance
A Fred Flintstone-style Mt Roskill house, dubbed New Zealand's ugliest, is due to be auctioned tomorrow because no offers have been made in advance.But the agent in charge of selling 62b Stranolar Dr says a number of interested... More