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Archive: 2013

LVR restrictions blunt turnover

Sales volumes eased in October but prices continued to rise, the latest data from the Real Estate Institute shows. There were 6778 residential property sales in the month, up 2.1% on October last year and up 0.9% compared to September.
12-11-2013 more >>

Rising house prices not a concern

There are more people pleased that house prices are rising than worried about them, BNZ’s latest consumer confidence report shows.
11-11-2013 more >>

Is Kiwibuild policy the answer for Christchurch?

Labour took the opportunity to unveil its Kiwibuild policy at their conference last weekend. The leader, David Cunliffe, announced that the party would build 10,000 homes in Canterbury over four years as part of this new policy.
08-11-2013 more >>

Builders angry at Govt plans

Builders have a clear message for the Government: Hands off our industry.
08-11-2013 more >>

The houses we want are expensive

The OECD has just released its latest Better life index, which shows that New Zealand is slightly below average for disposable incomes and the second highest country for housing expenditure as a percentage of gross disposable income.
07-11-2013 more >>

Investors unfazed by LVR rules

Nine out of ten investors think the new loan-to-value restrictions will have no effecr on their buying behaviour over the next year, Crockers research shows.
07-11-2013 more >>

LVR move likely to hit provinces hardest: QV

Loan-to-value restrictions will be felt least in the cities with the hottest prices, QV said today as the organisation released its latest statistics.
07-11-2013 more >>

Auction numbers still hot but 'may lose favour'

More people may decide not to sell their properties by auction over the next couple of months as loan-to-value restrictions kick in, the Real Estate Institute says.
06-11-2013 more >>

Rental home WOF on the cards

Wellington City Council is among four councils investigating a "warrant of fitness" for private rental homes, potentially beating the Government to the punch.
05-11-2013 more >>

Barfoot reports listings increase

Buyers had more properties to choose from in October than they have had in quite a while, Barfoot and Thompson’s latest figures show.
05-11-2013 more >>

Take a hint from Texas, report says

New Zealand could learn something from Texans when it comes to policies relating to housing development, a report by the NZ Initiative says.
04-11-2013 more >>

LVR restrictions not enough: ASB

It will take a combination of a hike in interest rates and more houses being built to take the heat out of the Auckland housing market, ASB’s chief economist says.
04-11-2013 more >>

Broker calls for new-house exemption

New houses, which add to Auckland’s housing supply, should have been exempt from the LVR restrictions, a broker who specialises in construction finance says.
01-11-2013 more >>

Surveys reveal buoyant market

Asking prices have reached another all-time high and the loan-to-value restrictions have not slowed investors’ intentions of buying, two sets of data released today show.
01-11-2013 more >>


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