$48m spent on Kāinga Ora social housing development, but site still sits empty
Kāinga Ora’s taking another look at the plans due to 'significant cost escalation'.
AdvertisementAdvertise with NZME.
Latest fromProperty
BNZ predicts 7% increase in house prices by 2025 amid falling interest rates
Prices will be flat this year but increase 7% next year, bank economist says.
Property Insider: ‘Wind pressure’ on Seascape; Du Val estimated to owe $250m; new Ikea roof
Deputy Mayor Desley Simpson explains what steps the council will take on the skyscraper.
Quake-damaged house smashes elderly owners' expectations after selling for nearly $2m
Developers are fighting over "as is, where is" properties in Christchurch's top suburbs.
Biggest deal of 2024: Sir Peter Jackson’s links to $105m Lyall Bay purchase
Filmmaker has plans to build a film museum.
Nikki Connors' luxury apartment a mortgagee sale again after vendor pulls out
Another twist in the sale of the multi-million-dollar property.
Townhouse sells for more than $3.5m as cash buyers overcome their nerves
“People still think they should buy below CV. That’s not the case."
'NZ's biggest Asian supermarket' opening at Westgate
New store is near the giant American-owned Costco Wholesale on Gunton Dr.
Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.
Surf life-saving legend's beach 'sanctuary' for sale
Retreat was built by one of NZ's first female surf lifeguards.
Units on Auckland’s motel mile sell for $8m
Developers out shopping for prime sites in affluent neighbourhoods.
First-time buyers bought how many homes in July?
The five things you need to know about the housing market this week.
Return of the land-grabbers: Millions on the line as buyers eye future sites
Agents say investors and developers are quietly back in the market.
Bay of Plenty mansion where the Porsche gets its own lounge
Why families are paying big bucks for trophy homes in Te Puna.
NZ’s top architects warn against ‘half-cooked’ townhouses, champion joyful homes
What the country's leading names in design would like to see more of.
Beach path in NZ's most expensive suburb sells for close to $3m
Empty site bought by Kiwi architect living in Australia.
‘There were people everywhere’: Off-grid home sends locals into a frenzy
Open home blows out from 30 minutes to an hour and a half.
Got $16m to spend? Auckland’s elite get a glimpse of city’s newest luxury penthouse
Penthouse in $250m 51 Albert development dressed with fine art.
'Suspended' - building work on NZ's tallest apartment tower
Dispute between China Construction and developer Shundi Customs: Work suspended.
'Hot' home-baker gets $1.76m for house with NZ's 'sexiest kitchen'
Agent found herself demonstrating all its features during open homes.
Wharf apartment scores record $5m - as wealthy buyers queue up for the 'right' pad
Agents says $10m isn't impossible in Wellington's prestige apartment market.
Real estate's power duo: 'If someone from Bollywood reads this, give me a call'
They have shot to the top in record time - they just don't see eye to eye on supercars.
SkyCity forecasts earnings for 2025, delivers loss for latest year
Horizon Hotel opened, NZ International Convention Centre due to open next year.
Du Val Group: Andrew Bayly quizzed over statutory management
Complexity and scale meant immediate government intervention was required - Bayly.
SkyCity makes $143.3m reported net loss
Soft economy, cost-of-living pressures here and in Australia and regulatory issues cited.
Queenstown for less than $1m: Cash buyer needed for goldrush town’s oldest building
"Rare" timber home started its life as the Ship Inn.
Interest rate fight: Which bank is the king of cuts?
Use our new tool to keep track of all the mortgage deals on offer.
Family gets $4.6m for dream home after 10 bidders bring auction heat
They spent more than a year gutting and reconfiguring Pt Chev house.
Government steps in: Du Val Group placed in statutory management
Andrew Bayly and the FMA issued statements about why this happened and what's next.
NZ's cheapest houses: Retirees snap up $100,000 cottage in tiny South Island mining town
What buyers can get at the bottom of the housing market.
Fletcher Building gives warning on 2025 'challenging' year
'We expect it will take time to see the flow-through to consenting and actual work.'
$227m loss: Fletcher delivers disappointing result
Losses from Higgins, intense competition, poor trading conditions feature in huge loss.
Spot on millionaire's row for sale for $70,000
Taupō property comes with access to heated pool, sauna and gym, but there's a catch.
Tony Alexander: Rock star economy? More like economy on the rocks
There is no reason to believe NZ is now set on a stellar path.