Westpac predicts price fallsOutright house price falls are likely by 2016, when mortgage rates will have reached more than 7%, Westpac’s economists say.17-10-2013 more >> Manawatu Sales Information for SeptemberManawatu Sales Information for September courtesy of Professionals Unique Realty Ltd.16-10-2013 more >> Rush on valuers as owners seek equityHomeowners hoping to bargain with their banks are calling on valuers for assistance.16-10-2013 more >> Auckland commercial investors most confidentAuckland commercial property investors are the most positive in the country about the year ahead, a new survey shows.15-10-2013 more >> What housing crisis?There has been a high level of publicity regarding housing affordability in New Zealand, with a general consensus that we are in crisis and that something needs to be done. However a look at the facts does not bear this out.15-10-2013 more >> NZPIF rejects the Financial Services Council’s claimNZPIF rejects the Financial Services Council’s claim14-10-2013 more >> REINZ reports spring surgeNew record median prices were reported in Auckland and Canterbury/Westland last month, as the national median returned to its March high of $400,000, the latest Real Estate Institute figures show.14-10-2013 more >> Landlords benefit as first-home buyers retreatProperty investors are the early winners from the Reserve Bank’s loan-to-value speed limits.14-10-2013 more >> Whitburn: Labour's housing policies betterLabour is the clear winner with its housing policies at the moment, says Auckland Property Investors Association president David Whitburn.11-10-2013 more >> National affordability improves but regions varyNational housing affordability improved by 1.47% over the August quarter, the latest Massey University Home Affordability Report shows.10-10-2013 more >> RBNZ predicts turnover dropThe Reserve Bank expects sales volume to drop by about 5% due to the loan-to-value speed limit restrictions it introduced this month.10-10-2013 more >> QV predicts activity flurryQV is expecting a short-term flurry of activity as people who have been preapproved for loans get their housing deals done.09-10-2013 more >> Special housing areas announcedThe first of Auckland’s “special housing areas†have been announced and more will be revealed by Christmas. Consent applications in those areas will be able to be considered by the council under the fast-tracked mechanisms in the legislation, which require approvals within six months for greenfields developments, compared to the average three years.09-10-2013 more >> Supply the issue: HarcourtsAffordability won't improve until there are enough houses built to cater for New Zealand's growing population, real estate group Harcourts says.08-10-2013 more >> LVR move worries investorsProperty investors are wary about the possible impact of new loan-to-value restrictions, the latest ANZ Property Investment Survey shows.07-10-2013 more >> Restrictions' impact not sustained: ReportA return to more normal interest rates might have more of an impact on house prices than the new LVR restrictions, says BNZ.04-10-2013 more >> Harcourts, Barfoot at oddsTwo major Auckland real estate agencies can’t agree on whether the new LVR restrictions made a difference to the market last month.04-10-2013 more >> It could take months to see LVR impact: AgencyIt could be up to six months before it’s clear whether the Reserve Bank’s new loan-to-value speed limits have made any difference to the Auckland property market, says real estate agency Barfoot and Thompson.03-10-2013 more >> LVR restrictions 'could spark complaints'The Banking Ombudsman is expecting the new loan-to-value speed limits to cause a spike in mortgage-related issues. The restrictions came into force yesterday and require banks to keep their low-deposit lending to no more than 10% of their new loans.02-10-2013 more >> Building consents slowAfter two years of growth, the trend for new house consents appears to be flattening, Statistics New Zealand says. That's not good news for Auckland, where a lack of supply is being blamed for soaring house prices.02-10-2013 more >> MPIA Meeting October 2013How much do you know about property management? There's always more to learn, so bring along your questions and listen to our panel of four local expert property managers; Claire from 100% Rentals, Jeff from the Professionals Unique Realty, Greg from Watsons Integrity and David from Property Brokers.02-10-2013 more >> Govt gifts deposits to regional buyersFirst-home buyers in the regions will be given a 10% deposit from the Government if they buy state houses that are not needed by the Government. The FirstHome initiative has been announced by Housing Minister Nick Smith.01-10-2013 more >> Short-term LVR effect predictedThe housing market will hesitate for a few weeks once the loan-to-value speed limits are introduced tomorrow before getting back into business as usual, property commentator Olly Newland says.30-09-2013 more >> Five months for plan submissionsAuckland’s unitary plan was notified today, giving five months for the public to make formal submissions. The Property Council has already weighed in, saying it supports the council’s measures to simplify the plan and its processes.30-09-2013 more >> LVR moves slowing housing supplyIf the heat in the Auckland housing market is largely due to a lack supply, the Reserve Bank may not be pleased to hear reports from the Registered Master Builders Federation that the looming loan-to-value speed limits are slowing construction.27-09-2013 more >> |
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