News :: New Zealand Property Investors Federation

REINZ Regional Commentaries - December 2011

Auckland sees strongest December sales since 2006, Wellington numbers down on November and December 2010 and Manawatu/Wanganui sees a 45% year-on-year sales rise.
18-01-2012 more >>

Strong December with sales up 20%

National house sales were up 20% in December 2011 on the year earlier, the best December sales figures since 2007.
18-01-2012 more >>

Auckland home to least affordable property

Auckland has overtaken Central Otago Lakes as the least affordable place to buy a house, according to the latest Massey University home affordability report.
12-01-2012 more >>

Auckland prices up, December sales at five year high

The Auckland housing market had a strong finish to 2011 with the average selling price up $5,500 on November to $573,071 - the second highest average for the year.
11-01-2012 more >>

Wellington rents drop as job cuts bite

Rents in Wellington are dropping as demand slumps due to cutbacks to the public sector.
11-01-2012 more >>

QV January 2012 - the regions

Last year ended with Auckland property values at their highest ever level, 1.4% above the 2007 market peak. Wellington values struggled to just 0.4% above 2010 and there were mixed results for the rest of the country.
10-01-2012 more >>

Property values up but sales remain low

Nationwide property values rose 2.4% over 2011 and are now 3.5% above the 2007 market peak, though the year was also characterised by lower than normal sales volumes.
10-01-2012 more >>

2011 ends with marked fall in new listings

The amount of new listings plunged 35% in December as the property market saw a further tightening of supply, with the shortages most acute in Auckland, Wellington and Christchurch.
09-01-2012 more >>

What are you going to do this year?

The start of a new year is an excellent opportunity to examine your rental property, look at the investment environment and make some plans for what you want to achieve over the coming year. By the time you read this, hopefully you will still be on your Christmas break and will have some time to have a good think about what you are doing with your property, free from work or business commitments.
01-01-2012 more >>

Slow, steady rent rises predicted for 2012

Property investors can look forward to slow and steady rent and house price rises in 2012, according to two prominent property investment figures.
23-12-2011 more >>

Depreciation may need looking at: Commission

The government might need to take another look at its removal of depreciation for investment properties, says the Productivity Commission.
19-12-2011 more >>

Remuera rent rises trump nationwide levels

The average weekly rent for a three-bedroom property in Remuera has risen 25% in the year to November 2011, against a 3% rise nationwide.
16-12-2011 more >>

Nationwide sales show double-digit growth

Both settled and written sales are at a two-year high, according to the December Harcourts MarketWatch.
14-12-2011 more >>

New chief executive for REAA

The Real Estate Agents Authority (REAA) has announced the appointment of Kevin Lampen-Smith as its new chief executive and registrar.
13-12-2011 more >>

QV December 2011 - the regions

QV's regional focus sees investors and first time buyers active and driving prices up in Auckland, though it's a mixed picture of ups and downs across the rest of the county.
08-12-2011 more >>

Auckland house prices above 2007 peak, investors back

Two distinct groups of property investors are back in the Auckland market, according to the latest QV residential property index for November.
08-12-2011 more >>

Investors active in North Shore, Christchurch sees slowdown

North Shore City has overtaken Wellington and the Hutt Valley as the region with the most investor buying activity, according to the latest BNZ-REINZ Residential Market Survey.
07-12-2011 more >>

Auckland house prices hit new November high

Interest in the Auckland housing market surged in November with a sharp increase in sales numbers and average prices hitting a new November high, according to Barfoot & Thompson.
05-12-2011 more >>

Immigrants more active in market than departing Kiwis

Interest in buying or renting property from new immigrants outstripped inquiries from people intending to leave New Zealand, according to First National.
02-12-2011 more >>

Auckland leads 11% home consents rise

New home consents were 11% up in October compared to the previous month, with Auckland leading the charge.
01-12-2011 more >>

â€˜Flood' of new listings in wake of RWC

New property listings soared 18% in November as homes held back during the Rugby World Cup come to market.
01-12-2011 more >>

Former Don Ha properties sold

A mass mortgagee auction of nine rental properties formerly owned by real estate agent and mentor Don Ha was successful, with all the properties selling.
30-11-2011 more >>

Mum and Dads bearing brunt of mortgagee sales rise

The number of mortgagee sales has increased over the last quarter - and this time it's mum and dad owners being hit rather than over-stretched property investors.
29-11-2011 more >>

Average weekly rent up 7.4% in year to June

The average weekly rent rose 7.4% in the year to June 2011, and 35% of New Zealand households made rent payments over that period.
28-11-2011 more >>

Property guru goes bust

Massive Action property mentor Dean Letfus has declared himself bankrupt following the collapse of his business and property investment empire.
28-11-2011 more >>

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