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

New record average house price for Auckland: Barfoot

Auckland average house prices topped $600,000 for the first time in October, according to Barfoot and Thompson’s latest statistics. The average house price in the city last month was $618,707, an increase of nearly $33,000 on last month’s average.
05-11-2012 more >>

Alexander: House prices will keep rising

Government moves to improve housing affordability have been slammed as weak by BNZ chief economist Tony Alexander.
02-11-2012 more >>

Building consent figures continue to grow

There were 22% more new houses consented for in September compared to the year before, Statistics New Zealand says.
02-11-2012 more >>

Confidence still improving: Realestate.co.nz

Realestate.co.nz has reported signs of rising confidence in the market, as sellers pushed up the national truncated mean asking price to a new high of $445,529 in October.
02-11-2012 more >>

HNZ fixes 212 Christchurch properties

Housing New Zealand has repaired 212 earthquake-damaged houses in Christchurch. Housing Minister Phil Heatley said: "This is a huge achievement in just six months and I congratulate the corporation. They have done a fantastic job.”
02-11-2012 more >>

House prices will stay firm: Council

Auckland Council says it expects house prices to remain firm, with a million new residents expected over the next 30 years. It says it is taking action to boost supply to make housing more affordable and accessible.
01-11-2012 more >>

NZPIF Conference '12 Report

This years NZPIF conference in Hamilton was another major success. Attendees experienced a full weekend of devouring property related information plus sharing war and successes stories with other attendees. The mood was buoyant with many attendees looking to take advantage of market conditions.
01-11-2012 more >>

Quake-hit homes still selling: REINZ

Even houses that may require major repairs are selling well in Christchurch, the Real Estate Institute says. Sales of properties rated in technical category three (TC3), meaning further investigation is required to determine whether major repairs are needed, are beating sales expectations, an analysis of sales shows.
31-10-2012 more >>

Government affordability proposals a mixed bag for investors

Some property investors will feel the sting of the Government’s moves to tackle housing affordability, but not as sharply as they might have, says the New Zealand Property Investors Federation.
30-10-2012 more >>

Agent website a valuable tool: O'Sullivan

A new website designed to help would-be sellers find real estate agents is helpful but won’t replace word-of-mouth recommendations, says Real Estate Institute president Helen O’Sullivan.
29-10-2012 more >>

Greens slam Govt affordability package

More development on Auckland’s fringes is not the answer to the housing affordability crisis, the Green Party says.
29-10-2012 more >>

Free eco-construction advice for developers

A programme launched today offers property developers advice to help them construct buildings that use up to 70% less energy than the average.
29-10-2012 more >>

Tenants compete for quality properties

Landlords can expect especially good returns from top quality investment properties at present, says New Zealand Property Investors Federation president Andrew King.
26-10-2012 more >>

Landlords warned to hold off on seismic work

Smart commercial landlords should strengthen their buildings well beyond the legal requirement - or hold off for now, says a property consultant.
25-10-2012 more >>

Hint of optimism in OCR announcement

The decision this morning to leave the official cash rate (OCR) unchanged at 2.5% hasn’t surprised anyone – but the hint of optimism included with the Reserve Bank governor’s statement has.
25-10-2012 more >>

Lower standards to boost affordability: Alexander

It needs to become cheaper to build houses if New Zealand is to avoid a situation where lower income families have nowhere to live, says BNZ chief economist Tony Alexander.
25-10-2012 more >>

Debt collection could become much dearer

Dealing with problem tenants could become a lot more expensive under changes to the judicial system being proposed by the Government. Geoff Knight, of debt recovery and collection service CIA, said many landlords would give up on recovering money they were owed from errant former tenants if the new fees scheme was adopted.
23-10-2012 more >>

Auckland holds on to rental premium

Investors with properties in Manukau are getting the best return on investment, according to the latest market research from Crockers.
19-10-2012 more >>

Banks loosen lending criteria

Competition between banks is leading to a relaxation of lending standards, says BNZ chief executive Tony Alexander.
19-10-2012 more >>

Investors offered rural opportunities

There are more options opening up for investors wanting a slice of the rural sector, according to Bayleys real estate.
18-10-2012 more >>

Commercial owners offered green cover

Commercial property owners are being offered a new insurance policy that covers environmentally friendly reconstruction. It’s been developed by insurance broker Apex General in partnership with NZI.
17-10-2012 more >>

Bank questions housing market sustainability

New Zealand’s housing market is caught between two opposing forces and price rises may not be sustainable, ANZ’s latest Property Focus report says.
16-10-2012 more >>

Agent survey shows little change

Young buyers and investors are active in the market, according to the latest BNZ/REINZ survey of real estate agents.
15-10-2012 more >>

Renewal of leases pushes NPT value up

A lift in Christchurch retail activity has pushed the value of NPT Ltd’s property portfolio up 6.9% in six months.
15-10-2012 more >>

Familiar cure for bank hangover

BNZ chief economist Tony Alexander says central banks around the world are pursuing a “hair of the dog that bit you” solution to the global financial crisis, by flooding the market with cash.
12-10-2012 more >>


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