Northland Property Investors' Association

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northland@nzpif.dev.nzpif.org.nz

News & Updates

Recent updates

Northland News

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 >>

‘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 >>

Housing market confidence slips over quarter

Expectations that house prices will rise have fallen over the October quarter, and less people believe now is a good time to buy a house.
24-11-2011 more >>

Potential - and pitfalls - in mortgagee sales

Almost three times more mortgagee properties came to market this year than before the global financial crisis in 2007.
21-11-2011 more >>

Ha portfolio sale includes rentals with ‘solid returns’

A portfolio of 10 properties – eight of them with tenancies in place – will be auctioned by Bayleys in what the estate agent has described as one of Auckland’s biggest residential portfolio sales.
16-11-2011 more >>

CGT and planners get both barrels from Brash

Bursting the housing bubble – and making homes more affordable – will not be achieved by a capital gains tax, claimed ACT leader Don Brash.
15-11-2011 more >>

REINZ Regional Commentaries – October 2011

REINZ rounds up the sales numbers, open home volumes, prices and days to sell data from across the country.
11-11-2011 more >>

House prices up $9,000 in October

The national median house price rose by $9,000 in October and sales were up almost 30% on the year earlier, according to the latest Real Estate Institute of New Zealand (REINZ) report.
11-11-2011 more >>

Investors still active in capital, Hutt Valley, muted elsewhere

Wellington and the Hutt Valley have again topped the BNZ-REINZ Residential Market Survey for investor activity, with 37.9% of real estate agents reporting investors active in the market.
10-11-2011 more >>

Investor confidence in rental property at decade low

The popularity of rental property among investors has hit an almost 10-year low, according to the latest ASB Investor Confidence survey.
09-11-2011 more >>

QV October 2011 - the regions

Property prices up nationwide, parts of Auckland above 2007 peak
09-11-2011 more >>

Property prices up nationwide, parts of Auckland above 2007 peak

National property values continued to gradually rise across the country and are above 20007 peak levels in parts of Auckland, according to the QV residential property index for October.
09-11-2011 more >>

Auckland sales down, listings and prices up

The arrival of spring has seen a modest increase in interest in the Auckland housing market with more homes listed, the average price edging up though the number of sales fell slightly.
04-11-2011 more >>

October sales rise but enquiries hit by RWC, holidays and Greek tragedy

Property sales rose in October despite the Rugby World Cup, school holidays and confidence issues negatively affecting buyer enquiry levels, according to First National’s monthly residential property survey.
03-11-2011 more >>

Show me the (mentoring) money

Rent isn’t the only money to be made from rental property, as the growth in investment property seminars and mentoring shows, and for Property Investors Federation president Andrew King, it’s a concern.
02-11-2011 more >>


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