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Archive: 2013

Lowest rates have passed: ANZ

New Zealand’s property market paused for breath this month but affordability is likely to suffer as interest rates move up, the latest ANZ Property Focus report says.
26-07-2013 more >>

'Hike may come sooner than expected'

Borrowers need to be aware that interest rate rises are on the horizon – and may be closer than some have been predicting, commentators say.
25-07-2013 more >>

2013 ANZ Property Investment Survey

ANZ and the New Zealand Property Investors' Federation bring you the 2013 ANZ Property Investment Survey. The survey gauges the intentions and mood of residential property investors and is an invaluable source of information to those within the industry and to respondents from previous years.
24-07-2013 more >>

Negotiate with insurers: ICNZ

People wanting to buy properties in the central North Island’s insurance exclusion zone may be able to negotiate with the vendor’s insurer, the Insurance Council says.
24-07-2013 more >>

Newland: Buyers will find a way around restrictions

Loan-to-value restrictions won’t really make any difference to people who really want to buy a house, property commentator Olly Newland says.
24-07-2013 more >>

Key: LVR restrictions may be best solution

New Zealand must strike the right balance to enable first-home buyers to purchase property while maintaining a robust banking system, the prime minister said today.
23-07-2013 more >>

OCR rise tipped within a year

Auckland’s hot property market and signs the Kiwi dollar may have come off the boil are still not enough to force the Reserve Bank governor’s hand this week, economists say.
22-07-2013 more >>

CVs no guide for insurance: Helm

Homeowners relying on their properties’ capital values when deciding what rebuild cost they need their insurance policy to cover may get a nasty shock, says property commentator Alistair Helm.
19-07-2013 more >>

REAA: Buyers and sellers need more information

Buyers and sellers do not have access to enough independent advice, the Real Estate Agents Authority says.
18-07-2013 more >>

Small cities have big development costs

Some of the most expensive places in which to build in New Zealand are not the big cities with highest demand and dearest house prices.
17-07-2013 more >>

Kiwis struggling with commute trade-off: REINZ

New Zealanders would still rather pay more than commute further to work every day, says Real Estate institute chief executive Helen O'Sullivan.
16-07-2013 more >>

Property Investment games for hire

WE have purchased copies of "Cashflow 101"and The "Hybrid Real Estate" games for hire.
16-07-2013 more >>

HNZ guaranteed rent not enough

Guaranteed rent is not enough to tempt landlords to lease their properties to Housing New Zealand, an investors' association says.
15-07-2013 more >>

Watch out for added extras: ISO

Loopholes that caught homeowners out on sum insured policies in the past will probably be problematic this time around, too, the Insurance and Savings Ombudsman scheme says.
12-07-2013 more >>

Property Council: Bring in plan in one hit

New Zealand’s Property Council says Auckland’s unitary plan must be introduced in one hit – not in a series of stages.
10-07-2013 more >>

Capital gain expectation driving prices: Westpac

Tenants wanting to own their own homes are pushing house prices up and rents down, Westpac says.
09-07-2013 more >>

Auckland price momentum grows: QV

Auckland house prices are now increasing at a faster rate than they did before the previous property price peak, Quotable Value says.
09-07-2013 more >>

Rents, tenant demand only up slightly: Trade Me

There’s no sign of a rental shortage in the latest Trade Me property analysis. It covers the second quarter of the year and shows the number of properties available for rent and tenant inquiry levels are up just 2% on a year ago.
08-07-2013 more >>

Prices are up, but where are the listings?

Sales growth is not keeping up with the rise in property prices, the latest Real Estate Institute statistics show.
08-07-2013 more >>

How much are your properties worth?

Property investors will soon have to put a dollar value on the cost of replacing their entire portfolios. And if they do not want to judge that by a property’s CV or an online calculator, that could come with a very large valuer’s bill.
05-07-2013 more >>

Property managers offer P testing

Up to a third of rental properties could have evidence of meth lab contamination, a firm that tests for methamphetamine contamination says.
04-07-2013 more >>

Auckland house prices hold steady

There was little change in Auckland's average house price last month, according to Barfoot and Thompson. It reported a $5000 lift on May's average, to reach $649,945 in June.
03-07-2013 more >>

ANZ questions sustainability

ANZ’s economist shave questioned the durability of the housing market’s price increases, considering how stretched values seem to be judging by affordability and debt metrics.
02-07-2013 more >>

Rental Property Warrant of Fitness

An unfortunate aspect of this year’s Government Budget was the announcement that a rental property Warrant of Fitness was to be introduced for State Houses. There was also a strong indication that it would eventually be introduced to private rental properties.
01-07-2013 more >>

Houses for sale at six-year low

The number of homes for sale on Realestate.co.nz has fallen to a six-year low, the website's latest report says.
01-07-2013 more >>


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