Despite stabilising, the housing market "remains very fragile and unlikely able to withstand rate increases for some time, particularly as house prices continue to decline," said ASB economist Nick Tuffley. 27-01-2011 more >>
Rental vacancies remain low in Auckland while Wellington is suffering, and across the country vacancy rates are double the level of last year as house sales continue to dawdle, according to First National Group. 25-01-2011 more >>
Housing in New Zealand is "severely unaffordable", with property in Auckland and Tauranga less affordable than New York, according to new research. 24-01-2011 more >>
The Kiwi dream of owning a home is long out of sight for many people, and now the chances of even renting a quality house are fading fast. 23-01-2011 more >>
Buying a house this year is “fundamentally a good idea†as inflation looks set to rise around the world, according to Tower Investments chief executive Sam Stubbs. 21-01-2011 more >>
Auckland suburbs Remuera and Takapuna/Milford have seen rents for three bedroom properties increase by 25% over the past year, while rents for a one-bedroom property in Birkenhead have fallen 47% over the same period. 20-01-2011 more >>
The September 4 earthquake that struck Canterbury left over 95% of properties with no significant damage, according to a QV assessment of the regions property market. 18-01-2011 more >>
Weak demand for property prompted falls in residential house prices over 2010, and tax measures preventing property investors offsetting their losses against income and other taxes saw real estate demand fall considerably, according to JP Morgan economist Helen Kevans. 18-01-2011 more >>
House sales volumes were down across all regions in December and the median price also fell in all but three main regions, according to the Real Estate Institute. 18-01-2011 more >>
December saw both residential property values and sales slide from November, though both market activity and median prices remained up on figures from earlier in the year, according to the Real Estate Institute (REINZ). 18-01-2011 more >>
Residential property values continued to decline across the country in December, with values 0.9% below the same time last year, according to the latest QV Residential Property Market update. 13-01-2011 more >>
Auckland property investor Ian Crayton is emphatic about the treatment he says he and other landlords have received from HNZ after signing up to its Home Leasing scheme. 30-12-2010 more >>
Inaccurate rating valuations have left some Hutt City commercial property owners facing excessive rates payments, claims Bayleys Valuations Chris Orchard. 29-12-2010 more >>
Although there has been some recovery in the housing market, though sales remain low and a mood of cautiousness remains, according to the latest ANZ Property Focus. 22-12-2010 more >>
Government changes to tax legislation replacing the Loss Attributing Qualifying Company (LAQC) regime amounts to “a complete abuse of process and amazing arrogance and sloppiness,†claimed Labour Revenue spokesman Stuart Nash. 21-12-2010 more >>
The way people behave when houses become less and less affordable can have a dramatic impact on how many houses are needed to satisfy demand, Strategic Risk Analysis managing director Rodney Dickens says. 20-12-2010 more >>
Mortgagee sales have decreased in the last quarter, and the focus has moved from property investors to ordinary homeowners, according to Terralink International figures. 20-12-2010 more >>
Housing market activity continues to slow, house prices may fall further in the near term and floating rate mortgage debt has hit a near decade high, according to the latest Reserve Bank Monetary Policy Statement. 15-12-2010 more >>
Confidence about the economy in a year's time has slipped slightly and the residential real estate and commercial property sectors remain ‘moribund', according to the latest BNZ Confidence Survey. 14-12-2010 more >>
A late spring surge in the residential property market has lifted the level of sales back above 5,000 and the national median price up to $360,000, according to the Real Estate Institute of New Zealand (REINZ) November report. 14-12-2010 more >>
The Reserve Bank left the OCR rate unchanged at 3% and forecast limited rises over the next two years, citing concerns the low rate was failing to provide a boost to the economy with below average corporate investment intentions and a weak housing market. 09-12-2010 more >>
Proposed new rules confirmed today as part of the wider tax shake-up will eliminate landlords’ and businesses’ ability to claim depreciation on buildings and tighten the rules for LAQCs. 07-12-2010 more >>
New Zealand property values are beginning to stabilise, though sales volumes remain relatively low, according to the latest QV residential property indices for November. 07-12-2010 more >>
