Rate of construction leapsBuilding work increased by its biggest margin in 10 years in the March quarter, data from Statistics NZ shows. Residential construction activity increased 12% in the quarter.05-06-2013 more >> LVR restrictions 'days away'Reserve Bank governor Graeme Wheeler is so worried about what a house price correction could do to the stability of the banking system that loan-to-value restrictions may be only days away, BNZ says.04-06-2013 more >> Supply and demand gap widensBuyers are as keen as ever to purchase properties, the latest Realestate.co.nz report says, but there still aren’t enough listings available to satisfy demand. And that is pushing asking prices to record highs.03-06-2013 more >> KiwiSaver boosting property pricesGovernment funds may be fuelling the increase in house prices, via the country’s KiwiSaver accounts. BNZ’s head of research said New Zealanders using their KiwiSaver accounts to purchase a first home were a concern.03-06-2013 more >> June '13 President's ReportLatest market statistics from the REINZ show that while median house prices have increased over the last year, 90% of the increase came from Auckland and Canterbury, with most of the increase coming from Auckland. These two areas accounted for just over half of all property sales in New Zealand.01-06-2013 more >> Bottom of interest cycle reached: ANZNew Zealand’s property market gained further momentum last month on the bank of low interest rates, ANZ says. Its latest Property Focus report shows increasing numbers of factors pushing prices up, including migration and the availability of mortgage funding.31-05-2013 more >> Building consent numbers hit five-year highThe number of building consents issued in April rose across most parts of the country last month, compared to the year before, Statistics New Zealand said.30-05-2013 more >> House prices worry NZIERNew Zealand's economy is likely to grow by 2.5% over the next few years but high house prices are a risk, the New Zealand Institute of Economic Research says.29-05-2013 more >> REINZ rejects call to eliminate CVsProperty commentator Alistair Helm has called for an end to CVs on residential property.28-05-2013 more >> Leverage, not tax, advantage: APIAIt is banks’ perceptions of the stability of the New Zealand housing market that advantages residential property investors, not any preferential tax treatment, the Auckland Property Investors Association says.27-05-2013 more >> Auckland lacking homeowners: SurveyAuckland has the lowest rate of outright home ownership in the country, Roy Morgan statistics reveal.22-05-2013 more >> Get systems right, property investors remindedProperty investors are in the Inland Revenue Department’s sights – it has been given an extra $6.65 million to make sure they are paying their bills.21-05-2013 more >> Kiwis backing rental propertyRental property is still New Zealanders’ top pick for investment returns, the latest ASB survey of investor confidence shows.20-05-2013 more >> Budget eyes property marketWarrants of fitness for rental properties will be trialled in New Zealand homes, the Government has announced.16-05-2013 more >> Kiwi houses too expensive: IMFNew Zealand houses are overvalued by as much as 25%, the International Monetary Fund has said in its annual economic assessment of the country.15-05-2013 more >> Sales numbers up but prices ease: REINZMore houses were sold last month than in any April for six years, the Real Estate Institute says.13-05-2013 more >> Buyers giving up: SurveyBuyers are despairing of ever being able to find a property, according to the latest BNZ/REINZ survey of real estate agents.13-05-2013 more >> Accord fast-tracks developmentsDevelopers will be able to push through subdivisions in less than a quarter of the time under a housing accord signed between the Housing Minister and Auckland’s mayor.10-05-2013 more >> QV reports price momentum spreadingNew Zealand’s house price increases are now being driven by all the main centres, not just Auckland and Canterbury, QV says.09-05-2013 more >> Stats hide large variations: QVQV’s latest data reveals some of the huge disparity in the property market in New Zealand at the moment.09-05-2013 more >> Kiwis expect prices to carry on rising: ASBAlmost two-thirds of people expect house prices to continue to rise over the next year, according to the latest ASB Housing Confidence Survey.08-05-2013 more >> Reserve Bank policies get blame for lagging rentsReserve Bank policies may have increased the gap between average rents and average house prices over recent years, an analyst says.07-05-2013 more >> Insurance changes: Don't guesstimateProperty investors will soon have to put a dollar value on the cost of replacing their entire portfolios.06-05-2013 more >> Council eyes Plan profitsAuckland Council wants to be able to take a slice of any increase in value of properties that have their zoning changing from low density to high density housing, or rural properties that are rezoned urban.06-05-2013 more >> Upward price momentum stalls: Barfoot and ThompsonAuckland’s average house price dipped slightly in April, Barfoot and Thompson reports.03-05-2013 more >> |
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