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Archive: 2010

Landlord "screwed" by HNZ

Auckland property investor Ian Crayton is emphatic about the treatment he says he and other landlords have received from HNZ after signing up to its Home Leasing scheme.
30-12-2010 more >>

Landlords face higher rates after valuation anomalies

Inaccurate rating valuations have left some Hutt City commercial property owners facing excessive rates payments, claims Bayleys Valuations Chris Orchard.
29-12-2010 more >>

Despite a lift, housing market mood remains sombre

Although there has been some recovery in the housing market, though sales remain low and a mood of cautiousness remains, according to the latest ANZ Property Focus.
22-12-2010 more >>

LAQC changes show amazing arrogance and sloppiness: Labour

Government changes to tax legislation replacing the Loss Attributing Qualifying Company (LAQC) regime amounts to “a complete abuse of process and amazing arrogance and sloppiness,” claimed Labour Revenue spokesman Stuart Nash.
21-12-2010 more >>

Affordability can have dramatic impact: Dickens

The way people behave when houses become less and less affordable can have a dramatic impact on how many houses are needed to satisfy demand, Strategic Risk Analysis managing director Rodney Dickens says.
20-12-2010 more >>

Mortgagee sales down, focus of forced sales changes

Mortgagee sales have decreased in the last quarter, and the focus has moved from property investors to ordinary homeowners, according to Terralink International figures.
20-12-2010 more >>

Reserve Bank sees further house price falls

Housing market activity continues to slow, house prices may fall further in the near term and floating rate mortgage debt has hit a near decade high, according to the latest Reserve Bank Monetary Policy Statement.
15-12-2010 more >>

What's happening across the regions

Across the country there was a mixed picture in both total sales and median price movement.
14-12-2010 more >>

Rental looking good, residential moribund

Confidence about the economy in a year's time has slipped slightly and the residential real estate and commercial property sectors remain ‘moribund', according to the latest BNZ Confidence Survey.
14-12-2010 more >>

House price values and sales boosted by late spring surge

A late spring surge in the residential property market has lifted the level of sales back above 5,000 and the national median price up to $360,000, according to the Real Estate Institute of New Zealand (REINZ) November report.
14-12-2010 more >>

Rates left unchanged over stimulus effect concerns

The Reserve Bank left the OCR rate unchanged at 3% and forecast limited rises over the next two years, citing concerns the low rate was failing to provide a boost to the economy with below average corporate investment intentions and a weak housing market.
09-12-2010 more >>

LAQC changes confirmed

Proposed new rules confirmed today as part of the wider tax shake-up will eliminate landlords’ and businesses’ ability to claim depreciation on buildings and tighten the rules for LAQCs.
07-12-2010 more >>

Property values begin to stabilise

New Zealand property values are beginning to stabilise, though sales volumes remain relatively low, according to the latest QV residential property indices for November.
07-12-2010 more >>

Housing confidence down, investment property ‘less attractive’

Confidence in the housing market continued to fall over the three months to October, with tax changes regarding investment property adding to the cautiousness towards housing as an investment option, according to the latest ASB Housing Confidence Survey.
02-12-2010 more >>

December '10 Issue

North v South: This month in NZ Property Investor magazine we have pitted the North Island v the South Island to see which one stacks up with the best investment properties.
01-12-2010 more >>

Steve McKnight on how to use real estate to create a golden future

Steve McKnight was a key note speaker at the NZPIF Conference 15-17 October in Blenheim
30-11-2010 more >>

Housing consents continue to fall

The seasonally adjusted number of new housing units authorised, excluding apartments, has fallen for the fourth consecutive months to the lowest level since July 2009, Statistics New Zealand has said.
30-11-2010 more >>

Removal of gift duty still unclear

News the government is to abolish gift duty – confirmed by Revenue Minister Peter Dunne – may not mean the end of the current system for transferring property assets into trusts.
30-11-2010 more >>

Land investment product definition drafted

The problem definition of a land investment product finally has some clarity with a proposal to make the definition narrow around complex land investment schemes rather than broad capturing basic investment.
27-11-2010 more >>

Property gauges not positive

The housing market continued to weaken in October, with the ANZ Property Focus reporting the lowest number of sales for any month of October since the series began in 1992.
23-11-2010 more >>

Wanted: 100,000 additional rental properties for Auckland

An additional 100,000 rental properties will be required for Auckland at a cost of $31.1 billion over the next 20 years.
22-11-2010 more >>

Harcourts picks up a pulse in market

Housing market sales during October are down by as much as 46% on the year earlier in some parts of the country, according to the latest Harcourts MarketWatch figures.
22-11-2010 more >>

Commercial property returns move into upswing

A gradual slowing of the decline of commercial property capital values market is helping deliver improved investment returns, according to the Investment Property Databank.
19-11-2010 more >>

No spring in property markets step

The traditional springtime rise in residential property sales has failed to materialise so far this year, though the national median price is holding firm at $350,000 according to the latest REINZ monthly house price index.
11-11-2010 more >>

Further house price falls possible, says Reserve Bank

Housing market activity has weakened ‘considerably’ over the past year and house prices could decline further, according to the Reserve Bank’s Financial Stability Report.
10-11-2010 more >>

Results: 1-25 of 278

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