Otago Property Investors Association Inc

Phone: 03 477 6220

Email: otago@nzpif.org.nz

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Recent updates

Archive: 2011

King sees potential pitfalls in state housing shake-up

Government plans to move more people out of state housing could prove to be a double-edged sword for private landlords, according to Property Investors Federation president Andrew King.
30-06-2011 more >>

Lack of funding brings the CHRANZ house down

The Centre for Housing Research Aotearoa New Zealand (CHRANZ) has announced its closure today after failing to secure ongoing cornerstone funding.
30-06-2011 more >>

Willems questions 2007 valuations

Canterbury Property Investors Association president Kim Willems has given a cautious welcome to Government plans to buy 5,100 Christchurch homes, though she questioned the 2007 valuation the Government has adopted.
28-06-2011 more >>

Weather man feels chill after Jericho Residential closure

MetService Weather Ambassador Bob McDavitt is among the Wellington landlords left in the cold – and out of pocket - by the unexpected closure of Jericho Residential Property Management.
25-06-2011 more >>

Government offers to buy 5,100 Christchurch homes

Earthquake Recovery Minister Gerry Brownlee has announced the Government will offer to buy 5,100 Christchurch homes at 2007 rateable values.
23-06-2011 more >>

Government to update on Christchurch tomorrow

Canterbury Earthquake Recovery Minister Gerry Brownlee says the Government will give an initial update on the state of land in greater Christchurch tomorrow at 1:30pm.
22-06-2011 more >>

Issues Paper on housing affordability released today

New Zealand housing affordability is to be examined as the newly established Productivity Commission releases its first Issues Paper today.
22-06-2011 more >>

Auckland house prices up over quarter, but ‘bumps ahead' says BNZ

Auckland house price rises over the three months to May are more than a simple recovery from the previous quarter, though "there will be bumps" according to BNZ.
17-06-2011 more >>

Wellington landlords out of pocket after company closure

Landlords with Wellington property management firm Jericho Residential Property Management have been left out of pocket after the company unexpectedly shut.
16-06-2011 more >>

Strong demand boosts Auckland rents, says Barfoot & Thompson

Auckland rents have continued on an upward trajectory, with the average weekly rent up $8 to $427 in May, according to Barfoot & Thompson.
15-06-2011 more >>

Auckland leading real estate recovery, says Harcourts

Auckland is "clearly leading the real estate market recovery" with a 27% increase in written sales over the year to May 2011, according to the latest Harcourts MarketWatch.
15-06-2011 more >>

Auckland City Centre rents down 31% over year to May, Crockers

The average median rent for a one-bedroom property in Auckland City Centre fell 31% in the year to May, while a four-bedroom property in One Tree Hill/Ellerslie saw its rent increase by 31%, according to the latest Crockers Auckland rental price table.
15-06-2011 more >>

REINZ regional commentaries - May 2011

A round up from around the regions.
14-06-2011 more >>

Auckland leads national sales volumes up, but prices down

The housing market saw a further lift in volumes in May, with the seasonally adjusted number of sales up 2.6% on April, according to the latest REINZ report.
14-06-2011 more >>

Agents spy slight rise in property investor interest in June

There was a slight increase in the number of investors looking to buy property in June, nationwide sales prices remain flat and sellers are generally more motivated than buyers, according to the BNZ-REINZ Market Survey.
10-06-2011 more >>

Auckland and Wellington values a tale of two cities, QV

Property values have remained flat across the country in May while Auckland and Wellington trends contrast, according to the latest QV report for May.
08-06-2011 more >>

QV May 2011 Report - the regions

A review of QV's Residential Price Index for May.
08-06-2011 more >>

The perpetuity problem pertaining to property

Proposed changes to New Zealand's trust laws have the potential to alter the transfer of property and are long overdue, according to NZ Trustees Services director Jonathon Cron.
08-06-2011 more >>

Economic confidence up but property sector optimism mixed, BNZ

Property management sector feedback to the BNZ Confidence Survey appears to mirror recent housing market data, with Wellington flat, rising rents in Auckland and a mixed picture for Christchurch.
07-06-2011 more >>

After three months of rises, average Auckland house price slips in May

Auckland house prices took a dip in May after three months of rises, while sales lifted 3.3% to climb 12.2% above year-ago levels, according to the latest Barfoot & Thompson data.
03-06-2011 more >>

2011 on course for least number of houses built

April saw a 32% year-on-year fall in new home consents to 893, according to Statistics New Zealand figures.
03-06-2011 more >>

Getting REAL about property management education

Real estate training organisation REAL ITO is consulting with the property management industry on qualifications for letting agents and property managers.
02-06-2011 more >>

Otago oil boom ahead

Dunedin Property Investors could expect house values to increase in the long term if the Dunedin City Council's attempts to entice oil companies to the region work out, Otago Property Investors were told at their annual meeting.
01-06-2011 more >>

Auckland property market shifts in favour of sellers

The sluggishness of new listings over the past two years has seen the Auckland property market finally tip in favour of sellers, according to the latest Realestate.co.nz Property Report.
01-06-2011 more >>

June '11 Issue

The June issue of NZ Property Investor also offers tips from the experts on how to get a great deal. Among the tips in this market are being able to act quickly by having all your research done, making the deal clean, and dealing only with the listing agent, who has the power to work with the owner first-hand.
01-06-2011 more >>


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