Otago Property Investors Association Inc

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Otago News

Buyers queue for quake-hit properties

Earthquake-damaged commercial properties are being snapped up by cashed-up buyers in Christchurch.
05-06-2012 more >>

Cheap not necessarily best

An article in the Herald on Sunday at the weekend about some of the country’s cheapest houses has generated a bit of a stir. Would-be landlords have been emailing, asking for information on how they can find – and buy – these houses that are on the market for less than $50,000.
05-06-2012 more >>

Be careful who you trust

There are many indicators pointing to an improving property market. The economy is doing well, affordability is back to levels last seen 10 years ago, Interest rates are predicted to stay low for longer, demand is increasing yet new building consents are still quite low.
01-06-2012 more >>

Loans for first home buyers cut

Labour says Budget cuts to Welcome Home Loan funding will mean low-income earners will miss out on home ownership.
01-06-2012 more >>

Govt plans cuts to accommodation supplement

Labour says a reduction in the accommodation supplement handed out by Work and Income may lower the amount landlords are able to charge in rent.
01-06-2012 more >>

Apartments back in vogue

There are signs that the apartment market may experiencing a resurgence. Apartment listings were up by more than a quarter in May compared to the year before and building consent figures show a big increase in the number being constructed.
01-06-2012 more >>

Listings surge a winter warmer for property market

New property listings surged 16% in May to the highest monthly total since July 2010, according to the Realestate.co.nz NZ Property Report.
01-06-2012 more >>

Tenants warned of scams

Auckland's rental crisis is prompting a new wave of scams targeting would-be tenants, according to reports.
31-05-2012 more >>

Housing consents suffer from April fall

Housing consent numbers suffered an April fall after a large jump in March, but remain 33% above April 2011, according to Statistics New Zealand.
30-05-2012 more >>

No housing bubble: REINZ

House prices that are as high as they have ever been in some areas should not be seen as a sign that another property boom is looming, the Real Estate Institute of New Zealand says.
29-05-2012 more >>

Which MPs are property investors?

They have made no secret of their desire to move New Zealanders' investment from property into other vehicles but a third of our members of parliament are property investors themselves.
28-05-2012 more >>

Tax changes not likely to impact holiday house prices

Holiday home-owners who only rent their baches out for a few nights a year will feel the sting of changes announced in this year's Budget.
28-05-2012 more >>

All systems go for property investors

Low interest rates, poor returns from other investments and improving housing market sentiment have created a psychological ‘go' trigger in the minds of property investors, according to BNZ economist Tony Alexander.
28-05-2012 more >>

Treasury isn't predicting a large pick up in house prices

Property investment is forecast to pick up in 2013, although a large pickup in prices is not anticipated, according to the economic outlook included in this year’s Budget.
25-05-2012 more >>

Love affair with property rekindled

For the first time in two years rental property is the investment most New Zealanders believe offers the best returns, according to the latest ASB Investor Confidence Survey.
22-05-2012 more >>

Winter the time to list

New figures show winter may be the best time this year to put a property on the market.
21-05-2012 more >>

Auckland house price rise gap narrows on rest of country

Auckland house price rises continued to outpace the rest of the country in the year to April, but at a slower rate than last month, according to the latest Crockers Auckland sales price table.
21-05-2012 more >>

Auckland rent premiums march ahead in April

The vast majority of Auckland suburbs continue to enjoy significant rental premiums over the rest of the country, according to the latest Crockers Auckland rental price table.
16-05-2012 more >>

Forget about us property investors tell Govt

Being completely ignored by this year’s Budget would be good news for property investors, says NZPIF president Andrew King.
16-05-2012 more >>

House price hopes on the up, spreading from Auckland and Christchurch

Housing markets in Auckland and Christchurch are "heating up" and across the country an increasing number of people expect house prices to rise, according to the latest ASB Housing Confidence Survey.
15-05-2012 more >>

No ‘boom' but investor activity on the up, survey reveals

Estate agents are reporting an increasing number of investors' active in the property market, according to the latest BNZ-REINZ survey.
11-05-2012 more >>

REINZ April 2012 regional review

Auckland sees sales slip from March but remain well above year-earlier levels, Government belt tightening continues to hamper the Wellington market and Hawkes Bay records the strongest sales rise and a new median price high.
10-05-2012 more >>

Prices and sales slip in April

House prices retreated from March's record high in April and sales volumes also took a dip, though both remain above year-earlier levels.
10-05-2012 more >>

Property prices continue steady rise in April, says QV

Nationwide property values continued on an upward trend in the three months to April, according to the latest QV index.
10-05-2012 more >>

No house price bubble on horizon, says Reserve Bank

In its Financial Stability report the Bank notes that housing market activity has been subdued over the last five years but has recently returned to more normal levels of activity, largely due to lower interest rates.
09-05-2012 more >>

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