Manawatu Property Investors' Association

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Archive: April 2010

Building consents fall in March

New Zealand residential building consents fell for the third month in four in March, underlining the tepid pace of recovery in a housing market that is facing tighter tax rules and less activity from developers.
30-04-2010 more >>

MPIA E-Newsletter April

Monthly meeting details, recent news, coming events
30-04-2010 more >>

Market continues trucking down

The property market continues to deteriorate, according to the Mike Pero Mortgages/Infometrics Property Cycle Indicator (PCI).
29-04-2010 more >>

Agent found guilty over misleading commission costs

An Auckland real estate agent has been censured under the Real Estate Agents Act after he mislead a client over his commission fee.
28-04-2010 more >>

Property round-up

Auckland sales prices have jumped, which research company Crockers finds unusual considering the lack of sales numbers, plus IRD is looking at what it constitutes as a mortgagee sale in relation to collecting GST.
26-04-2010 more >>

IRD shifts approach on GST applied to land

Inland Revenue has signalled a further shift in its approach on GST when applied to land sales.
23-04-2010 more >>

Rents set to rise as demand increases

Rent levels look set to rise, as pressure builds due to declining properties available and increasing demand.
22-04-2010 more >>

Website stats point to rise in renters

Rents may be flat at present but not for much longer, if the latest figures from Trade Me Property are anything to go by.
17-04-2010 more >>

REINZ residential highlights – March 2010

Sales have lifted throughout the country, but the market remains weighted in favour of buyers. Find out what's happening in the main regions throughout the country.
16-04-2010 more >>

House sales still in soft patch

House sales are still in a "soft patch" as the usual strong month of March edged up from February, according to the latest Real Estate Institute of New Zealand (REINZ) figures.
16-04-2010 more >>

Think about fixing at a two-year rate soon

Borrowers could think opportunistically about hopping into, at the longest, a two-year rate in the next two or three months just ahead of the Reserve Bank tightening monetary policy, says BNZ economist Tony Alexander.
16-04-2010 more >>

Complaints to REAA pouring in

The new Real Estate Agents Authority (REAA) has already received over 320 complaints in its first five months of operation.
14-04-2010 more >>

Income tax cuts admirable, but let's look again at winners and losers

If income tax rates are to fall, then someone has to pay for it. We will all contribute through higher GST, which is fair. And many think it is fair for tenants and rental property owners to make up the shortfall. The main reasons suggested are that property investors have a tax advantage and that they take money out of the tax system. It is understandable why people may feel that increasing rental property tax is reasonable, but have we been told all the facts and the ramifications of these tax changes?
12-04-2010 more >>

Property round-up

Take-up of the government's insulation scheme has been hot throughout the summer months, HSBC has substantially dropped its home loan rates and now has the lowest rates on offer, plus a national real estate company has seen sales rise 30% over the past month.
12-04-2010 more >>

QV regional snapshot - March 2010

The residential property market has been changing dramatically over the past few months. Find out what has been happening in the main urban areas in March.
12-04-2010 more >>

Property market to stay flat while uncertainties remain

New Zealand property values will probably stay flat until all of the uncertainties weighing on home owners are cleared up, according to QV Valuations.
12-04-2010 more >>

North Shore suburbs booming

Investors in North Shore property over the last year will be pleased to see the QV statistics for the past 12 months which reveal that house values jumped by around 20%.
12-04-2010 more >>

MPIA E-Newsletter March

Monthly meeting details, recent news, coming events
09-04-2010 more >>

Auckland central: Money in metropolis

After a tumultuous few years, the Auckland central business district apartment market is finally regaining lost ground. Vicki Holder explores the concrete jungle for investment potential.
08-04-2010 more >>

Auckland house sales pick up in March

House sales in Auckland picked up last month after early signs that the property market was running out of steam, according to Barfoot & Thompson.
07-04-2010 more >>

Two Gold medals at Royal Easter Show for Conference sponsor Hunter's Wines

Hunter's Wines Ltd has been award two gold medals at the 2010 Royal Easter Show. The medals were awarded to Hunter's Marlborough Pinot Noir 2008 and Hunter's MiruMiru Non Vintage.
06-04-2010 more >>

Conference sponsor Mahi Wines well reviewed

2008 Mahi The Alias Sauvignon Blanc reviewed in March 2010 by Jane Skilton of the Independent Wine Monthly and by Chairman Smith of the Otago Daily Times.
06-04-2010 more >>

Treasury says tax system out of kilter

The New Zealand tax system is unfair and creates the wrong incentives for investment, particularly in the property sector, says Treasury Secretary John Whitehead.
06-04-2010 more >>

April '10 Issue

Housing around a third of the country's population, Auckland offers a plethora of investment opportunities. We take a look at up-and-coming areas to give investors throughout the country the opportunity to tap into future growth in the largest city in New Zealand.
01-04-2010 more >>

Lifestyle outperforms residential

New Zealand's lifestyle property market is becoming more closely linked to residential real estate moving away from the traditional association with rural land according to Bayleys.
01-04-2010 more >>

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