Property investors have been spurred back into action by stories of rising rents and accommodation shortages and are back in the market, according to the first 10-02-2012 more >>
Property investors and landlords may be legally required to ensure their properties meet Government standards for heating and energy efficiency if a Bill proposed by Green MP Gareth Hughes becomes law. 07-02-2012 more >>
The Auckland property market saw its strongest January in four years with prices reaching the highest average ever for the month, according to Barfoot & Thompson. 03-02-2012 more >>
More property investors are set to return to Auckland and will eventually branch out to other centres, according to BNZ economist Tony Alexander. 03-02-2012 more >>
The housing market recovery is likely to be underpinned by a turn-around in net migration from the second half of this year and into next.
The Department of Labour is predicting annual net migration will go from a net inflow of just below 4,000 people in the year ended June last year to an outflow of about 4,000 in the near term before turning back to a net inflow of about 6,000 in mid to late 2012 and early 2013. 02-02-2012 more >>
The New Zealand Productivity Commission as an independent Crown Entity established by the Government in December 2010. The Commissions purpose is to help the Government improve laws and regulations that guide and incentivise how individuals, businesses and other organisations make their decisions. 01-02-2012 more >>
Due to various delays and Christmas holiday disruptions the Central Otago meeting penciled in for February has been delayed until Mid-March. Dates and venue TBC as soon as we have them. 31-01-2012 more >>
Property finders - and the real estate agents that work with them - are to be targeted over the coming year for legal action by the Real Estate Agents Authority (REAA). 27-01-2012 more >>
Property finder Dorien Forster has broken her silence over her court battle with the Real Estate Agents Authority (REAA), questioning the role of lawyers in the transaction that led her to the High Court. 27-01-2012 more >>
Blue Chip liquidators have gone to court claiming more than $40 million from former directors and auditors of the failed property investment scheme. 24-01-2012 more >>
Auckland sees strongest December sales since 2006, Wellington numbers down on November and December 2010 and Manawatu/Wanganui sees a 45% year-on-year sales rise. 18-01-2012 more >>
Auckland has overtaken Central Otago Lakes as the least affordable place to buy a house, according to the latest Massey University home affordability report. 12-01-2012 more >>
The Auckland housing market had a strong finish to 2011 with the average selling price up $5,500 on November to $573,071 - the second highest average for the year. 11-01-2012 more >>
Last year ended with Auckland property values at their highest ever level, 1.4% above the 2007 market peak. Wellington values struggled to just 0.4% above 2010 and there were mixed results for the rest of the country. 10-01-2012 more >>
Nationwide property values rose 2.4% over 2011 and are now 3.5% above the 2007 market peak, though the year was also characterised by lower than normal sales volumes. 10-01-2012 more >>
The amount of new listings plunged 35% in December as the property market saw a further tightening of supply, with the shortages most acute in Auckland, Wellington and Christchurch. 09-01-2012 more >>
The start of a new year is an excellent opportunity to examine your rental property, look at the investment environment and make some plans for what you want to achieve over the coming year. By the time you read this, hopefully you will still be on your Christmas break and will have some time to have a good think about what you are doing with your property, free from work or business commitments. 01-01-2012 more >>
To all Otago property investors.
After the Feb 22 earthquake, there are people fleeing the Christchurch area and heading to Dunedin who may require the need for temporary free accommodation. There has been a web-site set up by volunteers, with support from the Otago Property Investors Association and the Red Cross to co-ordinate people offering accommodation with people seeking accommodation. http://otagoquakehelp.com/
23-02-2011 more >>