QV residential highlights - March 2009

The residential property market is picking up, but values are still dropping, according to the latest numbers released by QV Valuations. Find out how the main centres are faring below.
09-04-2009 more >>

Review survey of Rental Property Owners

Download the results of the Property Managers
09-04-2009 more >>

Residential Real Estate market spikes: REINZ

March sales figures released today by the Real Estate Institute of New Zealand (REINZ) reveal a spike in terms of sales volume.
09-04-2009 more >>

Residential Highlights – March 2009

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.
09-04-2009 more >>

Eco-My-Flat competition encourages better tenants

A competition organised by the University of Canterbury’s Sustainability Initiatives is creating better relationships between landlords and students.
08-04-2009 more >>

Figures show baby boomers after property bargains

Cashed-up baby boomers take advantage of perceived bargains in the property market, Veda Advantage says. It reports that mortgage applications were up 38% in March, compared to the same month last year. It says these were the highest monthly total since November 2007.
07-04-2009 more >>

Auckland house sales hit 20-month high

Auckland property sales reached a 20-month high as the decline in prices helped revive confidence, according to Barfoot & Thompson.
03-04-2009 more >>

Falling interest rates making property more attractive

Residential property investors believe that falling interest rates are making residential property investment more attractive, according to the latest quarterly survey of investors run by Mike Pero Mortgages and Landlords.co.nz.
03-04-2009 more >>

POLITICAL & REGULATORY REPORT for MARCH 2009

UNIT TITLES BILL – At Select Committee First introduced back in May 2008, the Unit Titles Bill completed its first Parliamentary stage on 5 March.
01-04-2009 more >>

April '09 Issue

Cash flow positive regions; we reveal 35 places you can find cash!
01-04-2009 more >>

Kiwibank hikes 2 to 5-year mortgage rates

Kiwibank has raised its 2, 3, 4 and 5 year mortgage rates this morning, bringing them into line with the rate hikes announced by the other bigger banks over the last week.
01-04-2009 more >>

'Mortgagee sale' can be trick to lure buyers

Estate agents are dressing down houses displayed on websites to look like mortgagee sales so they will entice bargain hunters.
31-03-2009 more >>

Predicted growth surge positive for housing

A predicted surge in population growth will have a huge impact on the housing market, says BNZ chief economist Tony Alexander.
31-03-2009 more >>

Landlords warned over drug rings

Landlords are being warned to watch their vacant rental properties, as they are increasingly becoming used as pick-up and drop-off zones for drug makers.
31-03-2009 more >>

One plan to cut resource management inertia

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 >>

Mortgagee sales reach new high

Mortgagee sale figures have reached a new high, with Auckland hardest hit, latest figures show.
30-03-2009 more >>

Home-building approvals rise

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 >>

MPIA E-Newsletter Mar 09

April meeting details, Dr Fred Grosse proposal, Robert Kiyosaki in Auckland.
26-03-2009 more >>

Investment houses 'back to fair value'.

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 >>

President's March report

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 >>

Complaints about stubborn landlords

Complaints against landlords are increasing, with failure to carry out repairs or return bonds the biggest problems for tenants.
23-03-2009 more >>

Wheeler-dealer sheilas set sights on Kiwi property

A group of Australian women property investors will arrive in Auckland this week hoping to inspire people to make money their way.
20-03-2009 more >>

Insolvency changes don’t go far enough

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 >>

Online fraudsters targeting landlords

An offshore-based online fraud is targeting New Zealand landlords.
19-03-2009 more >>

Have your say on Property Managers

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 >>