Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Thursday, Feb 24, 2011

Banks offer loan relief for quake victims

The country's major banks have announced a number of assistance package measures for home loan customers affected by the Christchurch earthquake.

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Wednesday, Feb 23, 2011

Canterbury Earthquake

To all Otago property investors. After the Feb 22 earthquake, there are people fleeing the Christchurch area and heading to Dunedin who may require the need for temporary free accommodation. There has been a web-site set up by volunteers, with support from the Otago Property Investors Association and the Red Cross to co-ordinate people offering accommodation with people seeking accommodation. http://otagoquakehelp.com/

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Tuesday, Feb 22, 2011

House market to remain weak - ASB

The housing market is set to remain subdued for the next couple of years and further declines in house prices are expected in early 2011, according to the latest ASB Housing Confidence Survey.

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Friday, Feb 11, 2011

House sales hit a new low in January; prices slide

The Real Estate Institute says only 3,252 houses changed hands in January, beating the previous record low of 3,666 in January last year.

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Friday, Feb 11, 2011

What's happening with house prices in your region

Landlords.co.nz looks at the residential house price highlights for January 2011.

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Tuesday, Feb 08, 2011

Flat hunt tip: treat it like a job interview

People desperate to rent property in central Auckland should treat their dealings with estate agents like a job interview, estate agencies warn.

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Tuesday, Feb 08, 2011

Auckland rents rise above the doom and gloom

The rental market – particularly in Auckland – has been bucking the trend of falling prices and low sales as “a whole new generation of renters have left home ownership behind.”

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Tuesday, Feb 08, 2011

February '11 Issue

North v South: Which island offers the best investment locations

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Tuesday, Feb 08, 2011

Property values still down but stabilising - QV

Christchurch and Nelson are the only places to have seen residential property values increase on last year, according to the latest QV Residential Property update.

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Monday, Feb 07, 2011

Rental market madness

Demand for rental property in Auckland is at crisis point, with some houses now attracting as many as 200 would-be tenants.

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Monday, Feb 07, 2011

Rental property rated second best investment for returns

Despite falling house prices and sales, Kiwi’s love affair with rental property remains intact as it is rated the second best bet for investment returns behind term deposits.

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Friday, Feb 04, 2011

Housing pressures change the face of rental market

The black clouds of widening house affordability look like having a silver lining for landlords as a whole new demographic, priced out of home ownership, moves into private rental accommodation.

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Thursday, Feb 03, 2011

Property shortage hurts sales, helps landlords

A low level of sales activity in the Auckland housing market was bucked by an active rental sector, according to Barfoot & Thompson.

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Tuesday, Feb 01, 2011

The risks associated with long term property investment

There is a particular risk that has showed up recently and that is building a property portfolio in a single area. The recent events such as the Christchurch earthquake and the Queensland floods have caused huge problems for the local populations and even loss of life. These natural disasters have also caused many problems for property investors and their tenants in both areas. These problems will have been especially bad for investors who had all their properties in the one area.

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Tuesday, Feb 01, 2011

Tax changes 'essential' to remove investment property bias - SWG

Tax changes are "essential" to remove the distortions that favour housing as an investment over basic savings products, according to the Savings Working Group report.

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