Northland Property Investors' Association

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News & Updates

Recent updates

Northland News

REINZ residential highlights - August 2010

Property sales have remained subdued, although house prices have been holding steady. To find out what's happening in the main regions throughout the country, use the links below.
14-09-2010 more >>

August house sales slump to near 2008 trough

New Zealand's residential property sales slumped by more than a quarter in August, with the volume near the depths of its trough two years ago.
14-09-2010 more >>

Chch tenants still sweating the small stuff

Christchurch property managers are getting calls from tenants to deal with mundane management problems like broken washing machines while in the midst of dealing with earthquake-stricken properties and shaken tenants.
11-09-2010 more >>

Compulsory KiwiSaver 'has its drawbacks'

Making KiwiSaver compulsory could boost national savings, the Treasury says, but it raises difficult wellbeing and fairness issues.
09-09-2010 more >>

Market buoyed by rate cuts

The residential property market remains constrained, although is being buoyed somewhat by fixed mortgage rate cuts, according to the ANZ's August Property Focus.
09-09-2010 more >>

Buyers cautious as activity remains subdued

House prices extended their decline for a fifth month as a backlog of unsold property sits on the market.
08-09-2010 more >>

Rental market squeezed after quake

The Canterbury earthquake will put pressure on the city's residential rental sector, as the pool of available homes shrinks and home owners whose properties have been condemned look for short to medium-term accommodation.
07-09-2010 more >>

Choice declining for buyers

Choice for buyers in the Auckland residential property market is declining, with properties for sale at their lowest number in seven months.
03-09-2010 more >>

Hunters Wines special offer to property investors

Hunters Wines is one of the sponsors of the 2010 Conference. It is offering two special six bottle packs to property investors as well as a range of other wines. Delivery can be to your home prior to the Conference or free to your hotel during the Conference weekend
02-09-2010 more >>

Showcase Auckland hotel Westin Lighter Quay in chaos

One of Auckland's top hotels, the Westin Lighter Quay, is in chaos as unit titleholders and receivers square off over access to and revenue from 114 of its 172 rooms and its bar, restaurant and retail areas.
01-09-2010 more >>

Housing consents fall

The residential property sector has slipped in July after edging into positive figures in the previous month, however commercial property development continued its precipitous decline.
31-08-2010 more >>

Economist pushes out dates for next OCR hikes

One economist has pushed out the date for the Reserve Bank’s next official cash rate hike citing recent downgrades to its forecasts for global GDP growth, including in Australia and New Zealand.
29-08-2010 more >>

Property investors need be careful with family trusts

Property investors need to take a more active role in overseeing their family trusts to ensure they are both compliant and achieving their objectives, according to New Zealand Trustee Services director Jonathan Cron.
27-08-2010 more >>

Review may give investors some depreciation relief

Commercial and industrial property investors should still be able to claim significant depreciation allowances, an asset depreciation expert says.
26-08-2010 more >>

Latest immigration numbers good for housing market

Immigration figures out today are stronger than expected and are seen as being positive for house prices. Economists have been concerned that weaker than forecast immigration in recent months, and an outflow of people to Australia may have further hurt the housing market.
20-08-2010 more >>

Property investors targeting private sellers

An annual property survey shows that investors have slowed down with their buying and selling , for the first time in several years.
18-08-2010 more >>

PM makes a case for compulsory super

Prime Minister John Key is setting out a compelling case for compulsory superannuation and says public opinion has shifted since it was rejected in a 1997 referendum.
17-08-2010 more >>

Dr Don's gloomy outlook for house prices

The world economy looks sick and if that continues it is hard to see house prices going up according to managing director of Huljich Wealth Management Dr Don Brash.
17-08-2010 more >>

REINZ residential highlights - July 2010

Sales activity and price appear to differ quite dramatically in different parts of the country, with each market showing unique characteristics. Find out what's happening in the 12 main regions below.
13-08-2010 more >>

House sales fall to decade low

New Zealand residential property sales plummeted to its lowest level for a July in a decade, as rising interest rates, slower population growth and tax changes took their toll on the market, according to figures released by the Real Estate Institute.
13-08-2010 more >>

NZPIF conference packed with benefits

From the opening on the morning of October 16 in Blenheim to the close at 1.00pm on Sunday, delegates to the 2010 New Zealand Property Investors Federation (NZPIF) Conference will have the chance to hear at least 12 different speakers on property investment.
12-08-2010 more >>

Provincial property posed to prosper

Provincial areas look set to prosper in the property market over the next two years, with the export led economy helping economic prospects according to the QBE LMI 2010 Housing Outlook Report.
12-08-2010 more >>

IRD favours depreciation for commercial building fit-outs

Hoteliers, retailers and commercial office interior decorators look likely to get the reprieve they were looking for from new depreciation rules they feared would drastically raise the cost of maintaining modern premises.
11-08-2010 more >>

Inaugral Investment Game Secondary Schools competition produces young millionaires

The NZ Investment Game enables players to experience the risk and challenges of the investment market without risking their homes and livelihoods.
10-08-2010 more >>

Market back to the future of 2008

The residential property market looks to have travelled back to 2008, minus "the sky is falling" sentiment and values only easing backwards rather than racing.
09-08-2010 more >>


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