Manawatu Property Investors' Association

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Recent updates

Archive: 2009

Property indicators on the way up

The New Zealand housing market showed signs of life in June, according to the latest Property Cycle Indicator.
27-07-2009 more >>

Over-extended property investors being forced to sell

Terralink says investors who over-extended themselves during the property boom are being hit hard by mortgagee sales.
26-07-2009 more >>

NZPIF submission on the RTA Amendments Bill Pt 1

This submission was forwarded early in July and the NZPIF will be making an oral presentation on 28 July to the Social Services select committee.
23-07-2009 more >>

NZPIF Submission to the RTA Amendments Bill Pt 2

The second half of the submission from Clause 22.
23-07-2009 more >>

Rents hit by oversupply of property

An oversupply of residential rental properties is putting pressure on rent prices, which reduced by an average of 3.5% across the country in the past three months, First National Group reports.
22-07-2009 more >>

Increased optimism in the property market

In the second quarterly survey of the New Zealand housing market carried out by there are signs of improving optimism.
21-07-2009 more >>

Veda’s new credit rating product receives mixed response from property investors

Credit rating agency Veda Advantage’s product overhaul has received a mixed response from property investors as they prepare for the new scoring system to come into effect next week.
20-07-2009 more >>

Risky property cycle needs to be broken

With signs of recovery getting stronger, the worry is growing that nothing is going to change.
17-07-2009 more >>

Migration keeps property market chugging along

ANZ National Bank’s eight gauges of the housing market have reiterated the support the sector’s found with burgeoning net migration, but with a slowdown in winter typical, “it won’t be until spring that we will get a clearer picture.”
15-07-2009 more >>

Loan scheme extension to aid first-home buyers

Lending limits for "Welcome Home" loasn for the first home buyers look set to increase next month, opening the scheme up to low-income home-buyers in parts of Auckland and Tauranga for the first time in several years.
14-07-2009 more >>

New sale and purchase agreement on its way

A new plain English Sale and Purchase form has been developed by the Real Estate Institute of New Zealand (REINZ) which will be available to vendors and purchasers this week.
14-07-2009 more >>

Lift in market activity continuing

The property market is continuing to experience significantly higher levels of sales activity compared to 12 months ago and many are selling at auction, according to Harcourts' latest statistics.
14-07-2009 more >>

Rural property reaches realistic levels after 'euphoric' high

The "euphoria" created by the hefty Fonterra payout last year has evaporated, bringing the rural property market back down to more realistic levels, the latest Real Estate Institute of New Zealand (REINZ) Rural Market report reveals.
13-07-2009 more >>

Landmark eviction case could damage the rights of NZ landlords

The Property Investors Federation has raised concerns about a landmark eviction case in Wellington, which they say could damage the rights of landlords nationwide.
12-07-2009 more >>

Council rates scheme pays for insulation

Regional councils are offering funding mechanisms to advance money for clean heating and insulation, which home owners can repay through their rates bills over 10 years.
11-07-2009 more >>

Property managers avoid more regulation

Property managers have avoided extra regulation after a review found additional laws wouldn’t be justified and would unfairly add compliance costs.
11-07-2009 more >>

Evicting Mob tenants 'breaches rights'

Housing NZ is breaching the Bill of Rights by trying to evict tenants with gang connections from units in Lower Hutt suburb Pomare, a top lawyer says.
11-07-2009 more >>

Short-term bank rates can be reduced: report

MPs are keeping the heat on the banks over interest rates with new critical report.
09-07-2009 more >>

House price stability on way back

The drop in house values slowed in the year to June, says QV Valuations, though its latest survey shows mixed opinions where the market will go over the coming months.
09-07-2009 more >>

REINZ residential highlights - June 2009

The housing market is holding steady, according to the June housing statistics from the Real Estate Institute of New Zealand (REINZ).
09-07-2009 more >>

Median house sale prices edges up, volumes dip

New Zealand residential property prices edged higher in June, while the volume of sales dipped after two monthly gains, according to the Real Estate Institute of New Zealand (REINZ).
09-07-2009 more >>

Urban area commentary - June 2009

Property values have increased in June, according to the latest statistics from Quotable Value (QV). Find out what's happening in the main regions in the story below.
06-07-2009 more >>

Property values increase as sales decline

New Zealand property values rose in June as a general shortage of properties for sale saw vendors boost their prices in what's beginning to look like a sellers' market.
05-07-2009 more >>

No additional regulation for property managers

A review has found that additional regulation of property managers is not justified, says Associate Minister of Justice, Nathan Guy.
03-07-2009 more >>

Auckland home sales rise in June as prices dip

Auckland home sales extended their gains last month, suggesting confidence in the sector is beginning to stabilise, according to real estate firm Barfoot & Thompson (B&T).
03-07-2009 more >>

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