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Archive: 2013

Eco proposal criticised

A proposal to require new commercial buildings to be constructed to Five Green Star environmental standards has been slammed by the Property Council.
21-04-2013 more >>

No protection available for tenants: Greens

The Green Party has pointed to a report on perceptions of housing quality, released by Statistics New Zealand today, as proof that more should be done to improve the quality of the country’s rental stock.
18-04-2013 more >>

No bubble to worry about: Alexander

BNZ’s chief economist has rejected suggestions from the Finance Minister that the country’s house price inflation has become a bubble.
18-04-2013 more >>

No stick needed for property investors: Whitburn

Those worried about New Zealanders’ preference for property investment need to change their approach to the problem, says Auckland Property Investors Association president David Whitburn.
17-04-2013 more >>

Don't pay too much: Newland

Buying property is not a sure bet and would-be landlords should exercise caution, one property commentator says.
17-04-2013 more >>

Auckland house prices concern Govt: Key

Prime Minister John Key has rejected suggestions that a delay in approving Auckland’s unitary plan is driving up house prices.
16-04-2013 more >>

Property firms' merger terms agreed

Property for Industry and Direct Property Fund’s boards have agreed on terms to proceed with a merger.
15-04-2013 more >>

Sellers' market spreading: Survey

Property availability is worsening, putting pressure on rising house prices, the latest BNZ/REINZ survey of real estate agents shows.
13-04-2013 more >>

Rental demand down and supply up: Trade Me

There were more rental properties available in the first quarter of this year, and fewer tenants looking for them, according to Trade Me. But the problem seems to be confined to Auckland.
12-04-2013 more >>

Auckland prices driving national increases: REINZ

March recorded the highest number of sales in a single month since May 2007, the Real Estate Institute says.
11-04-2013 more >>

Tackle foreign buyers now: Alexander

Concern about foreign buyers snapping up properties is purely an Auckland issue, says BNZ chief economist Tony Alexander, but it needs to be acted on now.
11-04-2013 more >>

Investors offered property shares

Limited information is available about a fund that will allow investors to purchase a slice of an Auckland residential property portfolio. It is understood investors will be required to hold their shares for a minimum of 11 years.
10-04-2013 more >>

Price growth slowing but no let-up in sight for first-home buyers: QV

Things won’t get any easier for first-home buyers in Auckland for a while yet, according to Quotable Value’s local expert, Kerry Stewart.
09-04-2013 more >>

Auckland businesses should look to the regions: Chamber

A solution to Auckland’s housing affordability crisis could lie just outside the city’s boundaries, a business lobby group says.
09-04-2013 more >>

Auckland plan offered DIY-style

If you don’t like the sound of what’s contained in the draft Auckland plan, the council wants you to have a go at doing better.
08-04-2013 more >>

House prices a concern: Reserve Bank

New Zealand’s rising house prices are a risk to the economy, the Reserve Bank’s deputy governor says.
08-04-2013 more >>

Newland picks Pokeno for investors

Property investment guru Olly Newland has pointed to Pokeno as a possible boom area.
05-04-2013 more >>

Million-dollar sales pick up

Houses selling for more than $1 million have pushed Auckland’s average sales price to a record $645,928 for March, Barfoot and Thompson reports.
04-04-2013 more >>

Security questions raised over open homes

New Zealand real estate vendors are some of the most relaxed and open in the world about having people view their properties, according to a property commentator.
02-04-2013 more >>

Nick Smith to look at Warrants of Fitness for Rental Property

Following a recommendation by the Childrens' Commissioner, New Minister of Housing, Nick Smith, has requested that his officials look into the feasibility of a Warrant of Fitness for rental property.
01-04-2013 more >>

Waterfront investment opportunity “once-in-a-lifetime”

Up to $700 million is being sought from investors interested in developing residential property on the Auckland waterfront.
29-03-2013 more >>

Housing crisis will get worse: Alexander

There’s no let-up in sight for housing affordability and availability, particularly in Auckland, says BNZ chief economist Tony Alexander.
28-03-2013 more >>

Signs point up for prices: ANZ

Annual house price inflation has reached the highest level seen since late 2007, ANZ says in its latest Property Focus report.
28-03-2013 more >>

House building down

Retirement village construction plans was behind an increase in building consents of 1.9% in February.
28-03-2013 more >>

Waikato lifestyle beckons for city folk

Aucklanders are looking south of the city for cheaper properties and a more relaxed lifestyle, the Real Estate Institute says.
27-03-2013 more >>

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