Building more affordable housing and forcing landlords to ensure their rental properties are healthy are top of Labour’s priorities, its leader says. 18-11-2012 more >>
Auckland’s housing market is shifting into boom territory, helped along by investors who are dissatisfied with the returns they are getting on bank deposits, BNZ chief economist Tony Alexander says. 16-11-2012 more >>
Housing affordability is a national emergency, says BNZ chief executive Andrew Thorburn. Speaking to the Trans-Tasman Business Circle in Auckland this morning, he said New Zealand would not become a wealthier and more productive nation if it could not affordable house its population. 16-11-2012 more >>
National has resurrected plans to ensure a percentage of the new houses built at Auckland’s Hobsonville Point sell for less than $485,000 – but Labour isn’t impressed. 16-11-2012 more >>
New Zealand’s lifestyle property market is heating up again, with as 15% increase in sales reported in the three months to October 2012 compared to the same time the year before. 15-11-2012 more >>
Rental property is again the most attractive investment to New Zealanders, ASB’s latest investor confidence survey shows. The survey, released today, shows investors’ confidence has climbed to the highest levels since 2010. 14-11-2012 more >>
Trusts are in the Law Commission’s sights as it looks to modernise trust law in New Zealand. Commission president Grant Hammon said that because trusts were an important way of managing personal and family property, it was vital that New Zealand had robust tax laws. 14-11-2012 more >>
Banks again are offering 95 per cent loans to property investors, but they come with a caution. ANZ, ASB and Westpac say they will give loans for investment properties to people with small deposits. 12-11-2012 more >>
New Zealand’s national average house price hit a new record in October, of $380,000. Real Estate Institute chief executive Helen O’Sullivan said the spring surge in listings was still not enough to keep pace with buyer demand. 09-11-2012 more >>
Interest rates are likely to stay low for many years and may fall further, according to expert who believes prices will double again over the next few years. 08-11-2012 more >>
Commercial property in New Zealand returned annual income of 8% and annual capital growth of 1% for the year ending September 2012, according to the latest Commercial Property Index. 08-11-2012 more >>
Property investment guru Olly Newland says the Government’s housing affordability proposals will be minimally effective, even if the intentions are well meant. 07-11-2012 more >>
Seven thousand commercial building owners in Wellington are being surveyed on the issues they face paying for earthquake strengthening work and insurance the Canterbury earthquakes. 06-11-2012 more >>
An Otago woman has donated the entire value of her home to charity. The woman, who lived in Arrowtown her entire life, bequeathed the proceeds of the sale of her home to the Royal New Zealand Foundation of the Blind Guide Dog Services. 06-11-2012 more >>
Auckland average house prices topped $600,000 for the first time in October, according to Barfoot and Thompson’s latest statistics. The average house price in the city last month was $618,707, an increase of nearly $33,000 on last month’s average. 05-11-2012 more >>
Realestate.co.nz has reported signs of rising confidence in the market, as sellers pushed up the national truncated mean asking price to a new high of $445,529 in October. 02-11-2012 more >>
Housing New Zealand has repaired 212 earthquake-damaged houses in Christchurch. Housing Minister Phil Heatley said: "This is a huge achievement in just six months and I congratulate the corporation. They have done a fantastic job.†02-11-2012 more >>
Auckland Council says it expects house prices to remain firm, with a million new residents expected over the next 30 years. It says it is taking action to boost supply to make housing more affordable and accessible. 01-11-2012 more >>
This years NZPIF conference in Hamilton was another major success. Attendees experienced a full weekend of devouring property related information plus sharing war and successes stories with other attendees. The mood was buoyant with many attendees looking to take advantage of market conditions. 01-11-2012 more >>
