Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Friday, Jun 29, 2012

Ring-fencing 'may be just the beginning'

Government moves to ring-fence holiday home rental losses should send a chill down the spine of residential property investors, says property tax specialist Mark Withers.

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Friday, Jun 29, 2012

Building consents continue upward trend

More than a third more residential building projects were consented in May 2012 compared to the same month a year ago.

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Friday, Jun 29, 2012

Building consents continue upward trend

More than a third more residential building projects were consented in May 2012 compared to the same month a year ago.

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Thursday, Jun 28, 2012

Supreme Court decision ends leaky-home bids

Auckland Council says a decision by the Supreme Court proves ratepayer-funded settlements in leaky home disputes will not be reduced by contributions from the Crown.

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Wednesday, Jun 27, 2012

Get set for do-upper boom

Sales of houses described as "a renovator's dream" look set for a boost: The four couples chosen for the first season of The Block NZ have been named.

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Wednesday, Jun 27, 2012

Buyers want any colour, so long as it's green

Eco-friendliness, rather than appearance, is now top of the wishlist for home buyers, according to a survey.

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Tuesday, Jun 26, 2012

Time to stop bubble babble

Hubble and trouble, is there really a housing bubble? If I had my way, the term "housing bubble" would be expunged from the Kiwi lexicon says Philip Macalister.

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Tuesday, Jun 26, 2012

Reform bill a good move: Association

An organisation set up to fight for the rights of the owners of leaky homes says the Consumer Law Reform Bill is a welcome step for property investors and home buyers.

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Tuesday, Jun 26, 2012

'Buyers' pack' will help investors

A “buyers’ pack” offered to would-be property purchasers would speed things up for investors, says the Auckland Property Investors Association president, David Whitburn.

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Monday, Jun 25, 2012

Number of private sales drops slightly: Trade Me

The number of private sales listed on Trade Me has declined slightly on this time last year.

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Monday, Jun 25, 2012

Fix mortgages now: Westpac

Westpac chief economist Dominick Stephens says there are only “limited downsides” to fixing a mortgage now.

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Friday, Jun 22, 2012

Flow of migrating Kiwis eases

Migration out of New Zealand looks to have started to slow but BNZ chief economist Tony Alexander says it’s too soon to gauge its impact on house prices yet.

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Friday, Jun 22, 2012

Signs point up for property prices: ANZ

Mortgage approvals were worth almost 50% more in the May 2012 quarter than they were a year earlier, according to ANZ’s property focus.

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Thursday, Jun 21, 2012

Kiwibank best for first-timers: Report

KiwiBank has been given the First-Home Buyer Award from financial research and ratings group CANSTAR for the second year in a row.

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Wednesday, Jun 20, 2012

Bank discounts not a right: Ombudsman

Homeowners are being reminded banks are not required to cut them a deal.

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Wednesday, Jun 20, 2012

More sales but prices stagnant in provinces

Almost 25 per cent more properties sold in May this year compared to the same time a year ago, data from realestate.co.nz shows.

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Tuesday, Jun 19, 2012

No surprise property finding favour

It’s not hard to see why investors are returning to the property market.

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Tuesday, Jun 19, 2012

Residential investment not best bet: Hawes

Investors are taking too myopic a view if they think now is a good time to buy residential property, says adviser Martin Hawes.

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Monday, Jun 18, 2012

Heritage properties face 500% increase in insurance bills

Owners of heritage buildings are being warned they may find it hard to get insurance - and if they do, it will come with a high pricetag.

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Monday, Jun 18, 2012

Prices set to rise further: Newland

Property prices are likely to rise considerably further in New Zealand's main centres, says property investment specialist Olly Newland.

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Friday, Jun 15, 2012

Auckland rent rises outstrip rest of country

Most Auckland landlords are increasing the rents they charge much more quickly than the rest of New Zealand, according to the latest Crockers Auckland rental price table.

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Friday, Jun 15, 2012

More sales? Don't blame the interest rates: Harcourts

Increased real estate sales are being driven by more than just low interest rates, says Harcourts chief executive Hayden Duncan.

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Friday, Jun 15, 2012

It's a seller's market: Survey

New Zealand’s real estate market appears to be favouring sellers for the first time in years, according to the latest BNZ/REINZ residential market survey.

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Thursday, Jun 14, 2012

Bollard keeps rates on hold; OCR cut an outside chance

Reserve Bank governor Alan Bollard's latest monetary policy statement suggests mortgage rates aren't going up any time soon although the likelihood they might fall further remains an outside chance.

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Wednesday, Jun 13, 2012

No dispute over mortgagee figures: Helm

Reports that Terralink's data on increasing mortgagee sales is at odds with the information from realestate.co.nz are inaccurate, says realestate.co.nz chief executive Alistair Helm.

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