Taranaki Property Investors' Association

taranaki@nzpif.dev.nzpif.org.nz

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Taranaki (TPIA) News

Affordability report questioned

Criteria used to describe New Zealand’s housing as unaffordable are too simplistic and do not take into account the cost of borrowing, the New Zealand Property Investors Federation says. The Demographia survey compares housing costs in nine countries.
21-01-2014 more >>

Turnover dropped in December: REINZ

Sales numbers are falling, especially in the cheaper price brackets, the latest data from the Real Estate Institute shows. In December, there were 5688 residential sales, down 1.1% on the same time in 2012 and a drop of 18.3% compared to November.
20-01-2014 more >>

Aucklanders spend most on housing

Aucklanders spend significantly more of their incomes on housing than people in any other part of the country, Crockers research shows.
17-01-2014 more >>

POLITICAL & REGULATORY REPORT for December 2013

Over the month, there have been some noteworthy policy and regulatory developments potentially affecting New Zealand’s housing/rental property landscape. In this report, we outline these recent developments and flag other changes or developments that can be expected over the coming months.
16-01-2014 more >>

Time to rethink goals as the new year starts

It is the start of a new year and you may well be on your break from work commitments as you read this. With a bit more time on your hands and hopefully in a rested and less stressed environment, this is a wonderful opportunity to think about the higher aspects of your investments. Just why are you investing in property and are you on track to meet your goals?
15-01-2014 more >>

Wellington landlords 'in box seat'

Wellington is probably the best place in New Zealand to be a landlord at present, Trade Me says. It has released its analysis of the final quarter of last year. Christchurch again reported strong growth in listings and Auckland’s were stable but Wellington showed a sharp decline.
15-01-2014 more >>

Prices up but turnover slowing:QV

The first sign of the impact of loan-to-value restrictions has been a drop in the number of listings, Quotable Value says.
14-01-2014 more >>

Northland baches' summer windfall

Northland baches were the most popular rentals over the Christmas and New Year period, figures from Bookabach show.
13-01-2014 more >>

Brake comes off high-LVR lending

Things are looking up for borrowers with small deposits, as mainstream banks indicate they are getting back into the market.
10-01-2014 more >>

Listings down, asking price eases

The number of properties being listed for sale dropped dramatically in December, the latest report from realestate.co.nz shows.
09-01-2014 more >>

Fewer entry-level sales reported

Houses in the cheapest price brackets were not sold as frequently as more expensive homes in December, continuing a trend spotted in November.
08-01-2014 more >>

Call to split interest rates

A two-tier interest rate system, with higher rates for investors, would be a better option than loan-to-value restrictions, one commentator says.
07-01-2014 more >>

Lifestyle market strengthens further

Lifestyle property turnover has lifted almost 10% on the same time last year, the latest Real Estate Institute rural statistics show.
03-01-2014 more >>

Housing crisis will get worse: Alexander

There’s no let-up in sight for housing affordability and availability, particularly in Auckland, says BNZ chief economist Tony Alexander.
28-03-2013 more >>

Signs point up for prices: ANZ

Annual house price inflation has reached the highest level seen since late 2007, ANZ says in its latest Property Focus report.
28-03-2013 more >>

House building down

Retirement village construction plans was behind an increase in building consents of 1.9% in February.
28-03-2013 more >>

Waikato lifestyle beckons for city folk

Aucklanders are looking south of the city for cheaper properties and a more relaxed lifestyle, the Real Estate Institute says.
27-03-2013 more >>

No sign of improvement in Canterbury shortage

There is no let-up in sight for Canterbury’s housing shortage, according to ASB’s latest Cantometer report.
27-03-2013 more >>

Crockers reports price, turnover increase

Some of the strongest year-on-year sales price growth in Auckland last month was seen in the west, according to Crockers’ latest research.
26-03-2013 more >>

Rental warrants examined by minister

National’s new housing minister is looking into the possibility of a “warrant of fitness” for rental properties.
25-03-2013 more >>

'Plan action needed now'

Aucklanders can’t afford to wait three years for the city’s unitary plan to be ratified, the Employers and Manufacturers Association says.
25-03-2013 more >>

Migration turnaround likely to boost prices

New Zealand gained more new residents than it lost last month, new data shows - and it's likely to provide more fuel for the housing market.
22-03-2013 more >>

Newland: Consider shared equity scheme

New Zealand should think about following Britain’s lead and introducing shared equity loans for new homes, commentator Olly Newland says.
21-03-2013 more >>

Plan offers investors opportunities: NZPIF

Landlords holding on to properties with big sections may be able to get their money’s worth out of them under proposed changes in the draft Auckland plan, says the New Zealand Property Investors Federation.
20-03-2013 more >>

Under-building not a nationwide problem

Housing construction would need to double in Auckland over the next few years to keep up with demand but the construction industry is already keeping pace with growth in most parts of the country, Westpac’s economists say.
19-03-2013 more >>


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