Tauranga Property Investors' Association

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Archive: May 2013

Bottom of interest cycle reached: ANZ

New Zealand’s property market gained further momentum last month on the bank of low interest rates, ANZ says. Its latest Property Focus report shows increasing numbers of factors pushing prices up, including migration and the availability of mortgage funding.
31-05-2013 more >>

Building consent numbers hit five-year high

The number of building consents issued in April rose across most parts of the country last month, compared to the year before, Statistics New Zealand said.
30-05-2013 more >>

House prices worry NZIER

New Zealand's economy is likely to grow by 2.5% over the next few years but high house prices are a risk, the New Zealand Institute of Economic Research says.
29-05-2013 more >>

REINZ rejects call to eliminate CVs

Property commentator Alistair Helm has called for an end to CVs on residential property.
28-05-2013 more >>

Leverage, not tax, advantage: APIA

It is banks’ perceptions of the stability of the New Zealand housing market that advantages residential property investors, not any preferential tax treatment, the Auckland Property Investors Association says.
27-05-2013 more >>

Auckland lacking homeowners: Survey

Auckland has the lowest rate of outright home ownership in the country, Roy Morgan statistics reveal.
22-05-2013 more >>

Get systems right, property investors reminded

Property investors are in the Inland Revenue Department’s sights – it has been given an extra $6.65 million to make sure they are paying their bills.
21-05-2013 more >>

Kiwis backing rental property

Rental property is still New Zealanders’ top pick for investment returns, the latest ASB survey of investor confidence shows.
20-05-2013 more >>

Budget eyes property market

Warrants of fitness for rental properties will be trialled in New Zealand homes, the Government has announced.
16-05-2013 more >>

Kiwi houses too expensive: IMF

New Zealand houses are overvalued by as much as 25%, the International Monetary Fund has said in its annual economic assessment of the country.
15-05-2013 more >>

Sales numbers up but prices ease: REINZ

More houses were sold last month than in any April for six years, the Real Estate Institute says.
13-05-2013 more >>

Buyers giving up: Survey

Buyers are despairing of ever being able to find a property, according to the latest BNZ/REINZ survey of real estate agents.
13-05-2013 more >>

Mark Revis

Mark will talk about property development, based on his own experience in Christchurch and beyond. He will explain the pros and cons to this investment approach and discuss how to develop a portfolio from scratch. Mark will also highlight the pitfalls that await the unwary.
13-05-2013 more >>

Accord fast-tracks developments

Developers will be able to push through subdivisions in less than a quarter of the time under a housing accord signed between the Housing Minister and Auckland’s mayor.
10-05-2013 more >>

QV reports price momentum spreading

New Zealand’s house price increases are now being driven by all the main centres, not just Auckland and Canterbury, QV says.
09-05-2013 more >>

Stats hide large variations: QV

QV’s latest data reveals some of the huge disparity in the property market in New Zealand at the moment.
09-05-2013 more >>

Kiwis expect prices to carry on rising: ASB

Almost two-thirds of people expect house prices to continue to rise over the next year, according to the latest ASB Housing Confidence Survey.
08-05-2013 more >>

Reserve Bank policies get blame for lagging rents

Reserve Bank policies may have increased the gap between average rents and average house prices over recent years, an analyst says.
07-05-2013 more >>

Insurance changes: Don't guesstimate

Property investors will soon have to put a dollar value on the cost of replacing their entire portfolios.
06-05-2013 more >>

Council eyes Plan profits

Auckland Council wants to be able to take a slice of any increase in value of properties that have their zoning changing from low density to high density housing, or rural properties that are rezoned urban.
06-05-2013 more >>

Upward price momentum stalls: Barfoot and Thompson

Auckland’s average house price dipped slightly in April, Barfoot and Thompson reports.
03-05-2013 more >>

ANZ: Is market sustainable?

Momentum in the housing market may not be sustainable, ANZ says in its latest Property Focus report.
01-05-2013 more >>

Asking prices climb

Sellers’ house price expectations have shown no sign of slowing in the latest report from Realestate.co.nz
01-05-2013 more >>

Tenancy Tribunal Issues

A few weeks ago I had a meeting in Central Auckland and parked in a commercially owned Pay-And-Display carpark. The meeting was expected to last half an hour so as you could only buy time in Half Hour lots of $5, I paid for one hour to account for time to get to the appointment.
01-05-2013 more >>

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