Taranaki Property Investors' Association

taranaki@nzpif.dev.nzpif.org.nz

News & Updates

Recent updates

Archive: 2009

House prices set to soar

House prices are set to lift 11% by next year and 24% by 2012, according to a report from Infometrics.
11-08-2009 more >>

Regional snapshot: QV

Property values have increased again in July, according to figures released today by QV Valuations. Find out what's happening in the main regions throughout the country.
10-08-2009 more >>

Property values rise for third straight month

New Zealand property values rose for the third straight month amid solid sales activity, as low interest rates and a shortage of quality housing keep the market active.
10-08-2009 more >>

Now a good time to buy a house: survey

New Zealand housing market confidence has improved, with expectations for prices moving up to about neutral and more people deeming it a good time to buy, according to the ASB Housing Confidence survey.
07-08-2009 more >>

REINZ house price index gets makeover

The Real Estate Institute of New Zealand's (REINZ) monthly housing price index is in for an overhaul after the central bank found that the series had flaws that made it difficult to identify trends in property prices.
07-08-2009 more >>

Auckland home sales fall as listings rise

Auckland home sales fell last month while the number of listings rose, suggesting the property market may be shaking off the worst of the slump, according to real estate firm Barfoot & Thompson (B&T).
05-08-2009 more >>

Banks driving apartment buyers to the suburbs

Tight lending criteria by banks is driving many first time property buyers out of central city living and into suburbia, according to real estate firm Bayleys.
04-08-2009 more >>

Investing made easy: Knowledge is power

Investing in residential property is in the blood in New Zealand. But while we may have been able to get away with a "number-eight wire" style approach in the past, the current tough markets mean it's time to get savvy.
03-08-2009 more >>

August '09 Issue

The issues of methamphetamine, or P, are becoming more and more prevalent in our society, infiltrating aspects of Kiwi culture one would never have associated with drug abuse, real estate investment being one of them.
01-08-2009 more >>

Letting services under the spotlight

Letting services will be under the spotlight after the government decided against including property managers in tighter regulation for real estate agents, according to a cabinet document.
31-07-2009 more >>

Political & Regulatory Report for July 2009

An update on the Residential Tenancies Amendment Bill, Property Managers Review, Home Insulation, Associated persons rule and the No Asset Procedure.
31-07-2009 more >>

Bollard holds OCR at 2.5%

Reserve Bank Governor Alan Bollard held the official cash rate at 2.50% as expected and said while economic activity showing signs of stabilising, the high New Zealand dollar was helping to keep the economy "weak." The Kiwi tumbled after his statement.
30-07-2009 more >>

Landlords support updating of 23 year old RTA

The New Zealand Property Investors' Federation (the Federation) briefed the social service select committee on the Residential Tenancies Act Amendment Bill yesterday, Wednesday 29 July.
30-07-2009 more >>

Building law being streamlined

A bill aimed at speeding up the building consent process and reduce costs is set to become law, after making its way through Parliament.
30-07-2009 more >>

HNZ to launch new Options and Advice service

Housing New Zealand is launching a pilot of an Options and Advice service in eight of its Neighbourhood Units on 12 August.
30-07-2009 more >>

Building consents drop in June, due to apartments

New Zealand home-building consents tumbled in June, reflecting a drop-off in apartments from the previous month and the continuance of broadly weak issuance levels.
29-07-2009 more >>

Ways of acquiring commercial property

You may have been thinking of diversifying your residential property portfolio and exploring the possibility of commercial property. Here are some options.
28-07-2009 more >>

Repairs and maintenance in rental properties

Landlords and tenants have a shared responsibility to keep a rental property in good condition
28-07-2009 more >>

Surge in demand for serviced apartments

Two and three-bedroom serviced apartments in Auckland's Viaduct are doing exceptionally well in the recession, according to David Graham of Quinovic Viaduct.
28-07-2009 more >>

Property prices expected to fall further despite recent rise.

Just when you thought you had the property market figured out, think again.
27-07-2009 more >>

Property indicators on the way up

The New Zealand housing market showed signs of life in June, according to the latest Property Cycle Indicator.
27-07-2009 more >>

Over-extended property investors being forced to sell

Terralink says investors who over-extended themselves during the property boom are being hit hard by mortgagee sales.
26-07-2009 more >>

NZPIF submission on the RTA Amendments Bill Pt 1

This submission was forwarded early in July and the NZPIF will be making an oral presentation on 28 July to the Social Services select committee.
23-07-2009 more >>

NZPIF Submission to the RTA Amendments Bill Pt 2

The second half of the submission from Clause 22.
23-07-2009 more >>

Rents hit by oversupply of property

An oversupply of residential rental properties is putting pressure on rent prices, which reduced by an average of 3.5% across the country in the past three months, First National Group reports.
22-07-2009 more >>


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