Conference 2023 News
Auckland market sees strongest January for four years
The Auckland property market saw its strongest January in four years with prices reaching the highest average ever for the month, according to Barfoot & Thompson.03-02-2012 more >>
‘No end in sight' to rent rises, tenant bidding wars
More property investors are set to return to Auckland and will eventually branch out to other centres, according to BNZ economist Tony Alexander.03-02-2012 more >>
Migration turnaround likely to underpin housing market
The housing market recovery is likely to be underpinned by a turn-around in net migration from the second half of this year and into next. The Department of Labour is predicting annual net migration will go from a net inflow of just below 4,000 people in the year ended June last year to an outflow of about 4,000 in the near term before turning back to a net inflow of about 6,000 in mid to late 2012 and early 2013.02-02-2012 more >>
Clear thinking from Productivity Commission
The New Zealand Productivity Commission as an independent Crown Entity established by the Government in December 2010. The Commissions purpose is to help the Government improve laws and regulations that guide and incentivise how individuals, businesses and other organisations make their decisions.01-02-2012 more >>
Housing consent numbers hit record low
The year to December 2011 saw the lowest number of new housing approvals since records began 47 years ago31-01-2012 more >>
REAA promises more legal action, agents in gun too
Property finders - and the real estate agents that work with them - are to be targeted over the coming year for legal action by the Real Estate Agents Authority (REAA).27-01-2012 more >>
Forster questions role of lawyers in finders' tussle
Property finder Dorien Forster has broken her silence over her court battle with the Real Estate Agents Authority (REAA), questioning the role of lawyers in the transaction that led her to the High Court.27-01-2012 more >>
Real estate chiefs slam affordability claims
Claims New Zealand has no affordable housing have been dismissed by real estate chiefs.27-01-2012 more >>
Blue Chip directors, auditors hit with $40m claim
Blue Chip liquidators have gone to court claiming more than $40 million from former directors and auditors of the failed property investment scheme.24-01-2012 more >>
REINZ Regional Commentaries - December 2011
Auckland sees strongest December sales since 2006, Wellington numbers down on November and December 2010 and Manawatu/Wanganui sees a 45% year-on-year sales rise.18-01-2012 more >>
Strong December with sales up 20%
National house sales were up 20% in December 2011 on the year earlier, the best December sales figures since 2007.18-01-2012 more >>
Auckland home to least affordable property
Auckland has overtaken Central Otago Lakes as the least affordable place to buy a house, according to the latest Massey University home affordability report.12-01-2012 more >>
Auckland prices up, December sales at five year high
The Auckland housing market had a strong finish to 2011 with the average selling price up $5,500 on November to $573,071 - the second highest average for the year.11-01-2012 more >>
Wellington rents drop as job cuts bite
Rents in Wellington are dropping as demand slumps due to cutbacks to the public sector.11-01-2012 more >>
QV January 2012 - the regions
Last year ended with Auckland property values at their highest ever level, 1.4% above the 2007 market peak. Wellington values struggled to just 0.4% above 2010 and there were mixed results for the rest of the country.10-01-2012 more >>
Property values up but sales remain low
Nationwide property values rose 2.4% over 2011 and are now 3.5% above the 2007 market peak, though the year was also characterised by lower than normal sales volumes.10-01-2012 more >>
2011 ends with marked fall in new listings
The amount of new listings plunged 35% in December as the property market saw a further tightening of supply, with the shortages most acute in Auckland, Wellington and Christchurch.09-01-2012 more >>
What are you going to do this year?
The start of a new year is an excellent opportunity to examine your rental property, look at the investment environment and make some plans for what you want to achieve over the coming year. By the time you read this, hopefully you will still be on your Christmas break and will have some time to have a good think about what you are doing with your property, free from work or business commitments.01-01-2012 more >>
POLITICAL & REGULATORY REPORT for January 2010
TAX WORKING GROUP - Recommendations The final report of the Victoria University Tax Working Group was released on 20 January. Residential rental property has been particularly targeted because of the apparent “hole†in the tax base.29-01-2010 more >>
Building consents stall in December amid falling home sales
The revival in residential construction stalled last month in what was a tough December for house vendors, though non-residential building perked up to end the year flat.29-01-2010 more >>
NZ's two favourites: Rental property and the All Blacks
Property remained the most favoured investment class in the last quarter despite property tax to be introduced in the next budget according to the ASB Investor Confidence survey.28-01-2010 more >>
Housing market stalling?
The housing market is showing signs of flattening, after rebounding in the middle of last year, according to ANZ's latest property gauges.27-01-2010 more >>
Tax plan slammed as 'an orchestrated attack on landlords'
Tax recommendations presented to the Government have been criticised as "an orchestrated attack on residential landlords" by the Property Investors' Federation vice-president.21-01-2010 more >>
Land tax must be universal, say property investors
Real estate industry insiders have mixed views on some of the Tax Working Groups recommendations, which are designed to start taxing property investments harder.21-01-2010 more >>
Misleading talk around property will lead to bad tax decisions
Press Release: The Property Investors’ Federation is concerned about the high level of misinformation around taxation of rental property.20-01-2010 more >>