Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

News & Updates

Recent updates

Thursday, Jan 31, 2013

Home Affordability Planning Calculator

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Thursday, Jan 31, 2013

Newland: Best option? Do nothing

Reserve Bank Governor Graeme Wheeler should leave the market well alone, says property commentator Olly Newland.

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Thursday, Jan 31, 2013

Economists surprised by Wheeler's optimistic tone

Economists have expressed surprised at the optimistic nature of the latest Official Cash Rate announcement.

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Wednesday, Jan 30, 2013

Volatile apartments push consent figures up

Building consent numbers for new houses, including apartments, increased by 9.4% in December, Statistics New Zealand said.

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Tuesday, Jan 29, 2013

Schemes benefit a lucky few

Something that both the Green and Labour housing affordability policies have in common is that they are great for those in a position to buy houses through them. They are less good for everyone else.

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Monday, Jan 28, 2013

Shearer: No $300k houses in Auckland

Labour leader David Shearer has tempered his plans for a large-scale affordable housing scheme.

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Friday, Jan 25, 2013

Auckland prices 10% above last peak: QV

National residential property values are up 1.9% over the past three months, 5.7% up on the same time last year, and 1.5% higher than the last market peak, according to QV.

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Friday, Jan 25, 2013

Greens' scheme slammed

The Green Party’s proposals to get low-income earners into housing have been panned by the New Zealand Property Investors Federation.

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Thursday, Jan 24, 2013

Green Party calls for stricter tenancy laws

Warrants of fitness for rentals and restrictions on rent hikes are high on the Green Party list of priorities in its new housing policy, released today.

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Thursday, Jan 24, 2013

Housing market heat infectious: ANZ

ANZ’s latest Property Focus report says the increasing strength of house sales volumes is spreading to provincial New Zealand.

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Tuesday, Jan 22, 2013

Council heralds construction lift

Auckland’s council says signs of increasing activity in the city’s construction sector indicate more sustained economic growth ahead for the region.

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Tuesday, Jan 22, 2013

Heatley loses Housing

Housing Minister Phil Heatley was told only this morning that he will be replaced.

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Monday, Jan 21, 2013

Government predicts house price boom

New Zealand’s Government is expecting another house price boom but won’t be intervening with measures such as rent control or public housing schemes, Finance Minister Bill English says.

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Monday, Jan 21, 2013

Capital gains tax support: Poll

More than half of New Zealanders support the introduction of a capital gains tax on residential investment properties, a new poll has shown.

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Friday, Jan 18, 2013

Mortgage approvals at 2009 levels

Mortgage approval rates are back at levels not seen for more than three-and-a-half years, Reserve Bank data reveals. In the week before Christmas, there were more than 8000 home loans approved.

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Friday, Jan 18, 2013

CVs no price guide: Newland

Buyers in Auckland cannot expect to use CVs as a guide to house prices, commentator Olly Newland says.

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Friday, Jan 18, 2013

Price rises to become sharper: Alexander

House prices will rise more quickly this year than they did during 2012, BNZ chief economist Tony Alexander says.

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Thursday, Jan 17, 2013

Lifestyle sales hit five-year high

Lifestyle properties near the main centres are in solid demand, says the Real Estate Institute, and sales are at levels not seen since 2007.

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Wednesday, Jan 16, 2013

Property a productive investment: Newland

Hundreds of thousands of jobs rely on the turnover of housing stock in this country, says property commentator Olly Newland.

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Wednesday, Jan 16, 2013

HNZ 'referring clients to Salvation Army'

The Salvation Army says Housing New Zealand is referring clients to it because of the rising cost of buying and renting homes in Auckland.

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Tuesday, Jan 15, 2013

Auctions big news of 2012: REINZ

New Zealand’s median house price reached a new record of $389,000 in December, up almost 10% on December 2011, the Real Estate Institute says.

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Monday, Jan 14, 2013

Newland slams Trade Me stats

Property market commentator Olly Newland has reacted with scepticism to the news that the rental market appears to be softening.

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Monday, Jan 14, 2013

Rental listings up, interest down: Trade Me

It’s not good news for landlords right across New Zealand in the latest Trade Me Property analysis. Head of Trade Me Property Brendon Skipper said the national scenario in the last quarter of 2012 was similar to that of the September quarter.

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Friday, Jan 11, 2013

Listings restrain growth: Bayleys

A shortage of listings is holding back property market growth in Rotorua, real estate agency Bayleys says.

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Thursday, Jan 10, 2013

House prices up as Auckland leads the way

Rising property values in Auckland helped spur nationwide increases in house prices in December, according to the latest QV monthly property value index.

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