Reserve Bank Bulletin released

The Reserve Bank today released the March 2014 edition of the Reserve Bank Bulletin.
31-03-2014 more >>

Rental property owners not to blame

Kiwi landlords are not to blame for a decrease in Kiwi home-ownership.
28-03-2014 more >>

Report shows investor gains in cities around NZ

The Westpac Investment Report released today highlights in which cities gains are being made
27-03-2014 more >>

Investors support focus on insulation and heating

The NZ Property Investors Federation (NZPIF) supports the focus on heating and Insulation in Phil Twyford’s Healthy Homes Guarantee Bill.
25-03-2014 more >>

Electricity use for home heating increases

More New Zealanders are using electricity to heat their homes and fewer are using gas, wood, or coal, according to census results released by Statistics New Zealand today.
18-03-2014 more >>

WOF an insult not a protection

The national federation representing Kiwi landlords is warning against progressing with the flawed rental WOF scheme, claiming its trialed roll-out is raising serious concerns for both tenants and landlords.
17-03-2014 more >>

What could be covered in a rental WOF?

There are currently two WOF systems being developed. One is a voluntary scheme currently being trialled by five Local Authorities around the country, the other is being developed for Housing NZ properties.
15-03-2014 more >>

Reserve Bank raises OCR to 2.75 percent

Statement by the Governor of the Reserve Bank today
13-03-2014 more >>

Buyers and investors leave market

The REINZ information shows that property investors as well as first home buyers have left the market.
12-03-2014 more >>

Easing tone to sales volumes, although prices firming in February Market

REINZ, the most up to date source of real estate data in New Zealand, announced today that there were 6,125 dwelling sales in the month of February, down 7.6% on February last year, but up 29.8% compared to January
11-03-2014 more >>

LVR rules not working: Harcourts

Provisional data from New Zealand’s largest real estate group Harcourts for the month of February shows there is continued pressure on the housing market in Auckland and Northland. The group said its average sales price had reached $644,613 – up 13% on the same time last year.
05-03-2014 more >>

Positive economy not LVRs drives interest in rental investment

The Bank of New Zealand’s Nine Rewards Consumer Trends Survey indicates that interest in buying residential rental property has almost doubled since the LVRs were introduced
05-03-2014 more >>

Investing becoming more popular

More people are interested in buying investment properties since the loan-to-value rules kicked in, the latest BNZ Consumer Confidence survey shows. It found a net 45% of the respondents are confident that the economy will improve over the next year.
05-03-2014 more >>

Asking prices up, listing numbers down

Sellers were asking more for their properties than ever before in February, according to real estate listing website Realestate.co.nz. The site reported a national, seasonally-adjusted mean asking price of $483,099.
04-03-2014 more >>

Low rents deter home buyers

Low rents are discouraging people from buying their own homes, according to the New Zealand Property Investors Federation (NZPIF). NZPIF executive officer Andrew King said the cost of owning an average home was about $138 a week more than the cost of renting a similar property.
02-03-2014 more >>