Archive: 2009
Property values fall 8.9%: QVNew Zealand property values dropped 8.9% last month, helping stir a revival in sales as mortgage rates fall.09-03-2009 more >> Auckland house prices rise, confidence edges upAuckland house prices rose last month and the number of property sales increased, suggesting tentative signs that confidence is creeping back into the market, according to Barfoot & Thompson (B&T).05-03-2009 more >> Falls and rises in home loan ratesNext week’s official cash rate announcement from the Reserve Bank is expected to bring more good news to borrowers.04-03-2009 more >> Construction sector expects to rebound soonWorkers in the $12 billion building and construction sector are facing the toughest times in almost two decades but a rebound is being picked soon03-03-2009 more >> Projections out to 2051 for older rentersThe Department of Building and Housing has released a Fact Sheet on older renters which shows that as the population ages, the proportion of renting households which are 85+ years will increase from the current 12 percent to 32 percent in 205103-03-2009 more >> March '09 IssueThe property management rule book is getting another rewrite and might very well see game time, as opposed to the warm-up runs seen previously. Investors, tenants, landlords and property managers should all be conditioning themselves for changes on how the game is played.01-03-2009 more >> POLITICAL & REGULATORY REPORT for FEBRUARY 2009ANNUAL CONFERENCE – Minister Confirms Housing Minister, the Hon Phil Heatley has confirmed that he will attend and give the opening address to the annual property investors’ conference to be held on Saturday, 15 August at Alexandra Park, Auckland.27-02-2009 more >> Housing confidence rises as prices slipNew Zealand housing confidence rose in the three months through January as falling house prices and cheaper borrowing costs revived the appeal of property as an investment.27-02-2009 more >> NZPIF pleased RTA Bill is to be advancedThis Bill was first introduced in May 2008 and it has been announced that the Minister of Housing will now advance it.25-02-2009 more >> RTA changes swing favour towards landlordsTenants’ advocates are worried the proposed changes to the Residential Tenancies Act (RTA) will swing the law in favour of landlords, if three key provisions go through.24-02-2009 more >> Avoid unexpected GST bills on apartment salesInvestors selling apartments need to make sure they’re aware of all the tax involved, to avoid unexpected GST bills.23-02-2009 more >> National plans big rental law shake-upThe Government is about to overhaul laws governing the lives of more than a million tenants.19-02-2009 more >> RTA review under way by NationalNational has unexpectedly brought forward the introduction of changes to the Residential Tenancies Act (RTA).19-02-2009 more >> Govt looks at regulating property managersThe government is looking at how property managers operate and whether they should be regulated.19-02-2009 more >> English reassures property investorsProperty investors who fear the new government may be tempted into raising more tax from them can breathe easy.18-02-2009 more >> President's February ReportOutlook for 2009. Property investors will find opportunities. Important to consider the hardship of others. Rents likely to rise.17-02-2009 more >> Market update - tax and property perspectiveKuldeep Khetarpal senior accountant for Withers Tsang gives a summary of issues affecting property investors17-02-2009 more >> 2009 in the regionsPresidents of affiliated Property investors' Associations around New Zealand talk about what 2009 may hold for members in their areas.16-02-2009 more >> [Book] I Buy Houses: The Property Investor's HandbookDespite what most people will tell you, there is a right time and a wrong time to buy real estate – and timing could mean the difference between getting a good return and losing your home. Experienced and successful investor Paul Do shares the secrets of his success in a way that will allow all readers to benefit from the upcoming property boom times.16-02-2009 more >> Housing NZ ready to go on Govt planHousing New Zealand says it expects work to start within the next month on building 69 state houses and renovating 10,000 others.13-02-2009 more >> House sales tumbled in JanuaryHouse sales tumbled in January while properties took longer to sell, suggesting uncertainty about the economic outlook is damping demand even as mortgage rates fall, according to the latest raft of data from the Real Estate Institute of New Zealand (REINZ).13-02-2009 more >> REINZ residential highlights - January 2009The Real Estate Institute of New Zealand (REINZ) statistics are out now. Use the links in the story below to find out how your region has been faring at the beginning of the new year.13-02-2009 more >> Private-sector slow down hits Housing NZ's plansSome of Housing New Zealand's new housing developments are running into trouble as the economic downturn impacts on its private sector development partners ...12-02-2009 more >> Home loan report: Cheap not always the easy optionHome loan rates are falling sharply as lenders follow the lead set by the Reserve Bank’s reductions in the official cash rate. But cheap does not necessarily mean easy.12-02-2009 more >> [Toolbox] The Tax FilesTax is a monster at the best of times. Diana Clement checks out the IRD’s website, and online forms and tools for their usefulness for property investors.12-02-2009 more >> |