Good news for developers and investors is on its way. The Royal Commission on Auckland Governance intends to cut the red tape associated with the Resource Management Act. 30-03-2009 more >>
New Zealand home-building approvals rose for the first time in three months, driven by apartment consents as declining short-term mortgage rates help lure investors back into the property market. 30-03-2009 more >>
House prices have fallen below a fair price that investors should be willing to pay - the first time this has happened since late 2006 - says Westpac Bank. 24-03-2009 more >>
Meeting with Minister of Housing.
Assisting with revision of RTA Amendment Bill (no 2).
Second survey on property managers.
CHRANZ Aged Housing Workshop.
24-03-2009 more >>
Proposed changes to laws surrounding no asset procedures (NAPs), introduced to Parliament this week have been welcomed by property managers. But some say they don’t go far enough. 20-03-2009 more >>
The Ministry of Justice is conducting a review of Property Managers to consider if their services to property investors should be regulated in any way. The review has been instigated following changes to the real Estate Agents Act, which used to include regulations of Property Managers who were members of the Real Estate Institute. 16-03-2009 more >>
More than 196,000 bonds to the value of $161 million were refunded by the Department of Building and Housing last year. Getting a bond refund is a simple and speedy process, but irregularities in tenant details can result in frustrating delays.
16-03-2009 more >>
Reserve Bank of New Zealand Governor Alan Bollard cut the official cash rate by 50 basis points to a record low 3% as expected, signaling the end to the steep easing cycle as the economy hits the bottom of its recession this year. 12-03-2009 more >>
Further signs are emerging that the residential property market is starting to pick up and an expected surge in immigration numbers plus a shortage of new construction will push up house prices. 11-03-2009 more >>
An increase in market activity over the past month has seen median house prices pushed higher in most of the main areas throughout the country, according to the latest Real Estate Institute of New Zealand (REINZ) stats, released today. 11-03-2009 more >>
New Zealand home sales rebounded last month and prices picked up, suggesting cheaper borrowing costs are stoking a revival of interest in the real estate market. 11-03-2009 more >>
Private landlords are concerned about what happens to anti-social tenants, after Housing New Zealand (HNZ) evicted groups with gang associations last week for breaching their tenancy obligations. 10-03-2009 more >>
With an official cash rate expected next week, experienced and less-seasoned property investors are looking at the housing market and seeing more reasons to buy 09-03-2009 more >>
There is not a lot of good news in QV's last housing market report, however Auckland appears to be the best of the main urban areas. Find out what's happening in the main areas around the country. 09-03-2009 more >>
Auckland house prices rose last month and the number of property sales increased, suggesting tentative signs that confidence is creeping back into the market, according to Barfoot & Thompson (B&T). 05-03-2009 more >>
Workers in the $12 billion building and construction sector are facing the toughest times in almost two decades but a rebound is being picked soon 03-03-2009 more >>
The Department of Building and Housing has released a Fact Sheet on older renters which shows that as the population ages, the proportion of renting households which are 85+ years will increase from the current 12 percent to 32 percent in 2051 03-03-2009 more >>
ANNUAL CONFERENCE – Minister Confirms
Housing Minister, the Hon Phil Heatley has confirmed that he will attend and give the opening address to the annual property investors’ conference to be held on Saturday, 15 August at Alexandra Park, Auckland.
27-02-2009 more >>