Otago Property Investors Association Inc

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otago@nzpif.org.nz

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Otago News

CVs no price guide: Newland

Buyers in Auckland cannot expect to use CVs as a guide to house prices, commentator Olly Newland says.
18-01-2013 more >>

Price rises to become sharper: Alexander

House prices will rise more quickly this year than they did during 2012, BNZ chief economist Tony Alexander says.
18-01-2013 more >>

Lifestyle sales hit five-year high

Lifestyle properties near the main centres are in solid demand, says the Real Estate Institute, and sales are at levels not seen since 2007.
17-01-2013 more >>

Property a productive investment: Newland

Hundreds of thousands of jobs rely on the turnover of housing stock in this country, says property commentator Olly Newland.
16-01-2013 more >>

HNZ 'referring clients to Salvation Army'

The Salvation Army says Housing New Zealand is referring clients to it because of the rising cost of buying and renting homes in Auckland.
16-01-2013 more >>

Auctions big news of 2012: REINZ

New Zealand’s median house price reached a new record of $389,000 in December, up almost 10% on December 2011, the Real Estate Institute says.
15-01-2013 more >>

Newland slams Trade Me stats

Property market commentator Olly Newland has reacted with scepticism to the news that the rental market appears to be softening.
14-01-2013 more >>

Rental listings up, interest down: Trade Me

It’s not good news for landlords right across New Zealand in the latest Trade Me Property analysis. Head of Trade Me Property Brendon Skipper said the national scenario in the last quarter of 2012 was similar to that of the September quarter.
14-01-2013 more >>

Listings restrain growth: Bayleys

A shortage of listings is holding back property market growth in Rotorua, real estate agency Bayleys says.
11-01-2013 more >>

House prices up as Auckland leads the way

Rising property values in Auckland helped spur nationwide increases in house prices in December, according to the latest QV monthly property value index.
10-01-2013 more >>

200 properties on market since before 2008

Just under 20% of properties on the market have been listed for sale for more than a year. More than 200 of them were listed before the property downturn in 2008. And more than 1400 have been on the market for more than 1000 days.
10-01-2013 more >>

Building consents trend up

A drop in the number of building consents issued in November compared to the previous month was entirely due to a decline in apartments.
09-01-2013 more >>

Meetings on seismic policy

A series of public meetings are to be held across the country as part of consultation on the Government’s earthquake-prone building policy.
09-01-2013 more >>

Listings lag despite price rise: Barfoot

Auckland house prices increased by 7.7% in 2012, compared to 2011, real estate agency Barfoot and Thompson says.
08-01-2013 more >>

No summer slowdown in real estate market

There has been no drop-off in buyer inquiries over the holiday period, real estate agents around the country report.
07-01-2013 more >>

Dearth of listings in Auckland: Report

Fewer houses are available for sale than at any time since records began, says realestate.co.nz
04-01-2013 more >>

Value of KiwiSaver first-home boost revealed

KiwiSaver has already helped 10,000 first-home buyers into $3 billion worth of property, data from the Financial Services Council shows.
04-01-2013 more >>

Smaller profit in small homes: Colliers

Three-bedroom houses are most popular with buyers and renters but four-bedroom homes are the most commonly built because they return the most profit to developers, says research from Colliers.
03-01-2013 more >>

Jan 2013 President's Report

The Waikato Property Investors’ Association and indeed the New Zealand rental industry lost a real asset with the passing of Brian Hancock shortly after the Waikato Conference last year.
01-01-2013 more >>

NZPIF Media Statement

Rental Property WOF not needed The NZ Property Investors’ Federation is a strong supporter of insulating rental properties, but is against suggestions to introduce a Warrant of Fitness for rental property.
07-09-2012 more >>

NZPIF Media Statement

Are NZ property prices really too high? The Economist magazine recently stated that New Zealand house prices were 66% over valued based on a comparison to New Zealand rental prices. The NZ Property Investors’ Federation believes that the magazine’s study uses the wrong figures for rental price and expected rental return. The Federation also believes that the magazine has not examined whether rental prices are in fact too low when using them to reach a conclusion on property prices.
28-08-2012 more >>

Get set for do-upper boom

Sales of houses described as "a renovator's dream" look set for a boost: The four couples chosen for the first season of The Block NZ have been named.
27-06-2012 more >>

Buyers want any colour, so long as it's green

Eco-friendliness, rather than appearance, is now top of the wishlist for home buyers, according to a survey.
27-06-2012 more >>

Time to stop bubble babble

Hubble and trouble, is there really a housing bubble? If I had my way, the term "housing bubble" would be expunged from the Kiwi lexicon says Philip Macalister.
26-06-2012 more >>

Reform bill a good move: Association

An organisation set up to fight for the rights of the owners of leaky homes says the Consumer Law Reform Bill is a welcome step for property investors and home buyers.
26-06-2012 more >>


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