Delayed settlements can be a risky strategy for property investors, with no magic bullet clause purchasers can insert into the agreement that will protect them. 18-06-2009 more >>
A recovery in property prices will be delayed by rising deposit rates as they put pressure on long-term lending costs, according to the ANZ National Bank. 18-06-2009 more >>
ANZ National Bank’s eight gauges of the housing market found property was underpinned by strong net migration, but the outlook was still hazy with the correction “yet to fully pan out.†16-06-2009 more >>
The Reserve Bank has revised downward a prediction median house prices will fall up to 20 per cent in the recession, though sales volumes appear to be falling. 12-06-2009 more >>
Reserve Bank of New Zealand Governor Alan Bollard held the official cash rate at 2.5%, pointing to signs of stabilisation in global economic activity and resilience in the domestic economy. 11-06-2009 more >>
May figures from the Real Estate Institute of New Zealand (REINZ) show prices have fallen slightly across the country, but volumes remain steady. Find out how your region is doing. 11-06-2009 more >>
New Zealand residential property prices slipped in May, after three straight monthly gains, while the volume of sales held up in a market suffering from "an acute shortage of houses," according to the Real Estate Institute (REINZ). 11-06-2009 more >>
Tenancy groups are concerned over the proposed changes to the Residential Tenancies Amendment (RTA) Bill, saying they should encourage good practice rather than trying to bring fines and charges against tenants. 09-06-2009 more >>
New Zealand's total building work fell by a smaller-than-expected 0.7% in the first quarter, though the decline is set to accelerate in the latest three months following a slump in construction permits. 09-06-2009 more >>
The property market is showing signs of stabilising, but an industry expert says the latest QV statistics are merely a "blip" and the market will continue to slide. 08-06-2009 more >>
New Zealand property values continued to stabilise in May with cheaper mortgage rates making housing more affordable, after a rough year in 2008. 08-06-2009 more >>
The latest figures from Quotable Value reflect the pick-up in the housing market, with property values improving across the country. 08-06-2009 more >>
The amended No Asset Procedure (NAP) bill, which reforms the 2006 Insolvency Act, will make it easier for landlords to make better-informed decisions on tenants and who to let their rental properties to. 05-06-2009 more >>
Housing demand in Auckland continued to revive last month, with real estate firm Barfoot & Thompson (B&T) reporting its best month of trading in two years. 04-06-2009 more >>
They wrote it, they support it, but after the National Party introduced The Residential Tenancies Amendment Bill to Parliament, the Labour Party says it still needs changes. 02-06-2009 more >>
Landlords will face tougher sanctions - including $3000 in damages for failing to maintain rental properties properly - under a raft of changes to tenancy laws. 30-05-2009 more >>
RESIDENTIAL TENANCIES AMENDMENT BILL - Introduced
On 21 May the Residential Tenancies Amendment Bill commenced its first reading in Parliament.
29-05-2009 more >>
The Government has delivered on its promise of dealing with the chill in tougher economic times. The Budget has promised a grant of up to $1800 to pay for insulation and heating for homeowners, and it’s not subject to income testing. 28-05-2009 more >>
The Treasury's economic outlook for the year, released in today's budget, forecasts a shrinkage in residential investment of 25% for the year to March and a further 23% contraction the following 12 months. 28-05-2009 more >>
Properties offering good rental yields will be a safer option than capital gains, according to the latest ASB housing confidence report. 26-05-2009 more >>
ANZ National Bank’s eight gauges of the property market predict the housing market is “showing signs of life†with a surge in migration lifting demand, although the overall tone is negative as unemployment remains the big uncertainty. 26-05-2009 more >>
Mortgagee property sales have hit an all time high with 201 recorded for March, a company specialising in property and land information says 25-05-2009 more >>
Cliff Seque, President of Otago PIA, gives a step by step guide regarding what to do when confronted with an empty flat and the tenant's possessions are still on the premises. 25-05-2009 more >>
