Otago Property Investors Association Inc

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Archive: 2014

QV blames LVR rules for slowing growth

Growth in property values slowed considerably in January, QV says, pointing the finger and loan-to-value restrictions and rising interest rates. It has released its latest statistics, which show nationwide values have increased 9.6% over the past year and 2.2% over the past three months.
10-02-2014 more >>

Mayor: Bumper year for housing

Auckland’s mayor claims the city is entering a growth phase for home building. He was speaking at an event to mark the start of construction of Brickworks, the city’s latest apartment development, at Hobsonville Point.
07-02-2014 more >>

Vendors treated as pawns: Helm

Vendors are losing out as agents battle Trade Me over fees, one commentator says. Groups of agents in some parts of the country have boycotted Trade Me after the company announced price rises. It has stopped charging a fixed fee to list all their properties to a fee of $159, plus GST, per listing.
07-02-2014 more >>

Trial underway for Warrant of Fitness for rental homes

Jackie Thomas-Teague President of the Wellington Property Investors' Association is interviewed regarding an assessment of one of her rental properties.
06-02-2014 more >>

Cheaper sales pick up: Barfoot

Barfoot and Thompson has reported renewed interest in the cheaper end of the market. The Auckland real estate agency has released its statistics for January. During the month, 334 homes were sold for less than $500,000 or 39.1% of all the homes sold.
05-02-2014 more >>

New listings growth seen as buyer interest surges to record high

Record traffic numbers to Realestate.co.nz’s various sites indicate a current increase in buyer interest and demand for homes. Over 1.65 million visitors browsed for property in January on their sites
04-02-2014 more >>

Listings pick up

Realestate.co.nz reported a lift in new listings last month, helping inventory levels to recover to a level not seen since April. It followed December’s seven-year low of just 8010 new properties on the site. Thirteen of the 19 regions reported a year-on-year increase in listings.
04-02-2014 more >>

Interest rates don't dull appetite

Property owners expect interest rates to rise by at least 1% by the end of this year but most are not expecting that to have any effect on their property portfolios.
04-02-2014 more >>

Changing housing market demands more stringent tenant checks

Make sure you don’t end up having a horse showering in your rental.
03-02-2014 more >>


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