New Zealand Property Investors' Federation

The NZPIF is the umbrella body for 17 local Property Investors' Associations throughout New Zealand.

(027) 357 9243

www@nzpif.dev.nzpif.org.nz

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News & Updates

Recent updates

Federation News

Extra care needed when purchasing apartments

It seems more and more first-home buyers are choosing to purchase apartments, and that’s hardly surprising. Especially in Auckland, where a house in the inner-city suburbs would be likely cost about $1 million, the appeal of an apartment is obvious.
18-12-2012 more >>

Harcourts reports strong sales lift

Harcourts real estate agents reported written sales of more than $1 billion nationwide in November. A range of areas around New Zealand experienced an increase in sales activity.
17-12-2012 more >>

Second developer sentenced to home detention

A second property developer has been handed a home detention sentence for his role in an elaborate fraud. Marcus Julian Friedlander was sentenced to seven months home detention in the Auckland High Court today.
17-12-2012 more >>

Reporting rules simplified: Dunne

The Government will try to simplify the rules relating to financial arrangements that are agreements for the sale and purchase of property or services, Revenue Minister Peter Dunne says.
14-12-2012 more >>

Market cooling: BNZ/REINZ survey

Real estate agents are reporting a slight cooling in the residential market, according to the latest BNZ/REINZ survey.
14-12-2012 more >>

Hamilton market strengthening: Agency

The number of houses sold in Hamilton this year was a quarter more than sold in 2011, but prices aren’t yet picking up pace, a real estate agency says.
13-12-2012 more >>

Australian buyers keen on Kiwi apartments

Australian investors are as strongly present in the Auckland market as their Chinese counterparts, says Auckland Property Investors Association president David Whitburn.
13-12-2012 more >>

Strongest monthly sales volume in five years

November recorded the strongest monthly residential property sales volume in five years, Real Estate statistics show. Sales were up 25% on the same time last year and the national median house price reached a new record of $383,250, which is 4.3% up on November last year.
11-12-2012 more >>

Fixing good value: Westpac

Westpac says fixing interest rates is likely to prove better value than floating over the next couple of years.
10-12-2012 more >>

Auckland sellers get close to asking price

Sale prices are inching closer to asking prices, particularly in Auckland, according to property commentator Alistair Helm. Over the past three years, REINZ statistics show that the sale price of properties was generally about 15% below the asking price, although there had been a slight rise over the past six months.
07-12-2012 more >>

Dumb lending caused bubble: RE/Max chief

New Zealand should be careful not to relax its lending criteria too far, says the chief executive of RE/Max International. Vinnie Tracey is in New Zealand this week in the wake of the buyout of the local franchise of the real estate firm.
07-12-2012 more >>

High-rise apartment buildings in Govt sights

High-rise apartment buildings will have to be demolished within 15 years if they can’t be strengthened to meet earthquake standards, Government proposals say.
07-12-2012 more >>

OCR announcement 'good news for borrowers'

Home loan rates are likely to stay about the same after today’s OCR announcement, on economist says. Reserve Bank governor Graeme Wheeler announced this morning that the rate would remain at 2.5%.
06-12-2012 more >>

New record house price for Auckland

Auckland’s average house price rose by $9000 in November, to a new record of $627,721.
05-12-2012 more >>

Housing market strengthening: Westpac

New Zealand’s housing market is still in a strengthening phase, according to a Westpac senior economist.
05-12-2012 more >>

Not enough new listings: Realestate.co.nz

The number of houses for sale nationally dropped to a five-year low in November, according to realestate.co.nz’s most recent report.
03-12-2012 more >>

Aging tipped to hit regional house prices

A rapid rise in the number of retirees looking to sell their houses is likely to dampen property prices in most parts of the country except Auckland, a demographer says.
03-12-2012 more >>

NZPIF 2012 Roundup

This has been quite a year for the Rental Property industry. Since 2008, the NZPIF has been saying that the housing market is likely to be quiet until 2012 and this seems to have been a fairly accurate prediction. While it is certainly early day’s, the housing market is now nearing boom like increases in some parts of the country and is likely to move in other parts soon.
01-12-2012 more >>

Politicians debate affordability

Affordable housing developments must be built only for New Zealanders buying their first home, and not snapped up by local or foreign property investors, says New Zealand First. The party’s associate spokesperson for housing, Asenati Lole-Taylor, is worried that the Government’s policy of cutting red tape to provide cheaper houses will line the pockets of investors.
30-11-2012 more >>

Building activity picks up pace

The number of new houses consented for in October was the highest of any month in more than four years, Statistics New Zealand said. Consents were issued for 1639 new houses, a number not reached since May 2008. Consents were also issued for 168 new apartments.
30-11-2012 more >>

RE/MAX announces buyout

A local group has bought out the New Zealand RE/MAX master franchise. From Monday, the New Zealand branch of the company will be owned by a group that includes the current regional director, Chris Chapman, managing director of RE/MAX Australia and New Zealand Michael Davoren and Keith Walker, franchise director of RE/MAX Australia.
30-11-2012 more >>

Housing affordability up

Housing became a bit more affordable in the year to June 2012, Statistics New Zealand data shows. Incomes rose slightly while housing costs dropped.
29-11-2012 more >>

Buyers scope out Northland opportunities

Aucklanders looking for more value for money are looking north, real estate agents say.
28-11-2012 more >>

Watch out for bad tenants: Poll

Getting the wrong tenants into a property is the worst mistake investors can make, according to a poll of experts and landlords.
28-11-2012 more >>

North Shore rental properties are city's most expensive

One-bedroom properties in Takapuna, Pakuranga and Auckland’s city bays – from Mission Bay to St Heliers - are the standout performers in Crockers’ latest survey of rents.
26-11-2012 more >>


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