The chances of floating mortgage rates rising this year remain remote and they might even fall if the New Zealand dollar remains so strong. 26-04-2012 more >>
Auckland house price rises continued to climb above the nationwide average in March, up 5% against a 1% nationwide rise, according to the latest Crockers Auckland sales price table. 23-04-2012 more >>
Auctions accounted for 50% or more of sales across 13 Auckland suburbs last month as going under the hammer becomes the preferred method of selling in many parts of the city. 20-04-2012 more >>
Auckland rent rises continued to far outstrip the rest of the country in March, according to the latest Crockers Auckland rental price table. 18-04-2012 more >>
Auckland sales up almost 40%, Wellington sees second lowest sales increase, Northland retains longest days to sell in country and sales volumes more than double in Canterbury. 16-04-2012 more >>
Nationwide and Auckland house prices both high new record median highs last month at $370,000 and $495,200 respectively, according to the latest Real Estate Institute of New Zealand (REINZ) data. 16-04-2012 more >>
Christchurch Mayor Bob Parker has rejected claims by Earthquake Recovery Minister Gerry Brownlee that the city's rental shortage is not at crisis level. 16-04-2012 more >>
The Productivity Commission's Housing Affordability report findings around the tax treatment of property have been welcomed by the New Zealand Property Investors Federation (NZPIF). 12-04-2012 more >>
Nationwide property values eased slightly in March but are still up 0.5% over the past three months and 3% up over the past year, according to the latest QV report. 12-04-2012 more >>
The Productivity Commission has rejected calls for the introduction of a capital gains tax and called for a review of the legislation and regulations around rental accommodation. 11-04-2012 more >>
Having recently re-let a rental property, some of the comments from prospective tenants made me think about the service level of some rental property providers. Our rental was a nice place in nice condition and somewhere I would happily live. But it was by no means a mansion. It had not been renovated or improved for some time and we had just provided some basic extra cleaning in addition to the previous tenant’s efforts. 01-04-2012 more >>
Housing consents fell 6.7% in February after an 8.1% rise the month before, but Statistics New Zealand said the overall consents trend remains upward. 30-03-2012 more >>
House prices will rise 5% this year before higher interest rates put the brakes on, and the rapid price rises in Auckland and Christchurch will not be repeated elsewhere. 28-03-2012 more >>
Auckland has retained its position as the least affordable location to buy a house in New Zealand, according to the latest Massey University Home Affordability Report. 28-03-2012 more >>
Difficulties securing finance, council red tape and the imminent depreciation changes are acting as disincentives to rental property development at the same time as shortages are driving up rents. 28-03-2012 more >>
The latest Crockers Auckland sales price table revealed that despite the large year-on-year increase in both nationwide and Auckland sales, prices are up just 1%. 22-03-2012 more >>
The Christchurch rebuild is being hampered by a severe lack of rental accommodation, according to a Real Estate Institute (REINZ) survey. 19-03-2012 more >>
Property Investors have questioned why the Department of Building and Housing (DBH) will be merged with the ministries of Economic Development, Labour and Science and Innovation. 17-03-2012 more >>
Plans to merge the Department of Building and Housing (DBH) into a ‘Super Ministry' have been branded as ideologically driven and dangerous for the county's building, housing and construction sectors. 17-03-2012 more >>
Plans to fold the Department of Building and Housing (DBH) into a new Super Ministry "may disadvantage everyone in the rental industry," claim the Property Investors Federation (NZPIF). 16-03-2012 more >>
UPDATE: New Zealand Property Investors Federation (NZPIF) president Andrew King plans urgent talks with Government Ministers to get answers about the proposed merger of the Department of Building and Housing (DBH). 16-03-2012 more >>