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Archive: 2013

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 >>

Apartments popular with first-timers

City apartments are finding favour with investors again, and Auckland looks to be on the cusp of another building boom.
31-10-2013 more >>

Call to enforce insulation

Landlords need to look after their customers and keep their rental properties warm and dry, says the president of the Independent Property Managers Association.
25-10-2013 more >>

Young people more interested in investing: Alexander

Young people are turning into investors rather than first-home buyers because of the loan-to-value restrictions, BNZ chief economist Tony Alexander says.
25-10-2013 more >>

Investors seek capital gains

Capital gain is still overwhelming the main reason why people choose to buy an investment property, the latest Crockers Property Investment Index survey shows.
24-10-2013 more >>

Treasury recommends capital gains tax

A capital gains tax has been recommended by Treasury, as a long-term measure to keep a lid on house prices. The recommendations were part of a series of documents about loan-to-value restrictions, released today.
24-10-2013 more >>

Squeeze on commercial property

A shortage of commercial real estate is looming as New Zealand businesses bounce back from the recession, real estate agency Knight Frank says.
23-10-2013 more >>

Skip auctions if you want to sell to first-timers, agents told

Agents and vendors need to consider listing properties with listed prices, or by negotiation, if they want to continue to attract a range of buyers, brokers say.
22-10-2013 more >>

Lifestyle market shortage looming

A shortage is looming in lifestyle properties, particularly around the main centres, the Real Estate Institute says. There was a 23% increase in sales volume in the three months to September 2013 compared to the same time the year before.
21-10-2013 more >>

Westpac predicts price falls

Outright house price falls are likely by 2016, when mortgage rates will have reached more than 7%, Westpac’s economists say.
17-10-2013 more >>

Rush on valuers as owners seek equity

Homeowners hoping to bargain with their banks are calling on valuers for assistance.
16-10-2013 more >>

Auckland commercial investors most confident

Auckland commercial property investors are the most positive in the country about the year ahead, a new survey shows.
15-10-2013 more >>

What housing crisis?

There has been a high level of publicity regarding housing affordability in New Zealand, with a general consensus that we are in crisis and that something needs to be done. However a look at the facts does not bear this out.
15-10-2013 more >>

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