Otago Property Investors Association Inc

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Recent updates

Archive: June 2012

Property investment safe bet with so many MPs on side

If investing in property is such a bad thing, you have to wonder why so many of our politicians are landlords.
12-06-2012 more >>

Buyers get heavy discount at mortgagee sales

Properties going under the hammer at mortgagee sales are selling for about 25% below their market value.
12-06-2012 more >>

REINZ May 2012 regional review

Auckland see an almost 30% surge in sales and a new all time price high, sales up in Wellington but prices slip and Taranaki sees strongest sales rise for five years.
12-06-2012 more >>

Prices almost as high as they've ever been, experts agree

House prices around the country are now almost back to their peak, according to both Quotable Value and the Real Estate Institute (REINZ).
12-06-2012 more >>

OCR to stay low: Poll

Alan Bollard won’t be raising the official cash rate this Thursday, according to a poll of Landlords.co.nz and Property Investor magazine readers.
11-06-2012 more >>

"Mums and Dads" lose out in mortgagee sales: Terralink

There’s no sign of relief for homeowners in the latest Terralink mortgagee-sale figures.
09-06-2012 more >>

Water changes outrage landlords

Auckland property investors are furious about changes to the way water is paid for in the city.
08-06-2012 more >>

Barfoot reports busiest May in seven years, record price

Auckland house prices rose to a new high of $582,285 in May as sales hit their highest level since 2005, according to Barfoot & Thompson.
06-06-2012 more >>

Residential slowdown leads building slump

A decline in residential activity led a 0.4 per cent drop in building work in the March 2012 quarter, Statistics New Zealand has revealed.
06-06-2012 more >>

Website puts focus on eco-homes

Realestate.co.nz will promote environmentally-friendly and energy-efficient properties in a new deal with home environmental rating system Homestar.
06-06-2012 more >>

Buyers queue for quake-hit properties

Earthquake-damaged commercial properties are being snapped up by cashed-up buyers in Christchurch.
05-06-2012 more >>

Cheap not necessarily best

An article in the Herald on Sunday at the weekend about some of the country’s cheapest houses has generated a bit of a stir. Would-be landlords have been emailing, asking for information on how they can find – and buy – these houses that are on the market for less than $50,000.
05-06-2012 more >>

June '12 Issue

  • Rental Insurance
  • Olly Newland on property prices
    01-06-2012 more >>
  • Be careful who you trust

    There are many indicators pointing to an improving property market. The economy is doing well, affordability is back to levels last seen 10 years ago, Interest rates are predicted to stay low for longer, demand is increasing yet new building consents are still quite low.
    01-06-2012 more >>

    Loans for first home buyers cut

    Labour says Budget cuts to Welcome Home Loan funding will mean low-income earners will miss out on home ownership.
    01-06-2012 more >>

    Govt plans cuts to accommodation supplement

    Labour says a reduction in the accommodation supplement handed out by Work and Income may lower the amount landlords are able to charge in rent.
    01-06-2012 more >>

    Apartments back in vogue

    There are signs that the apartment market may experiencing a resurgence. Apartment listings were up by more than a quarter in May compared to the year before and building consent figures show a big increase in the number being constructed.
    01-06-2012 more >>

    Listings surge a winter warmer for property market

    New property listings surged 16% in May to the highest monthly total since July 2010, according to the Realestate.co.nz NZ Property Report.
    01-06-2012 more >>


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