Even houses that may require major repairs are selling well in Christchurch, the Real Estate Institute says. Sales of properties rated in technical category three (TC3), meaning further investigation is required to determine whether major repairs are needed, are beating sales expectations, an analysis of sales shows. 31-10-2012 more >>
Some property investors will feel the sting of the Government’s moves to tackle housing affordability, but not as sharply as they might have, says the New Zealand Property Investors Federation. 30-10-2012 more >>
A new website designed to help would-be sellers find real estate agents is helpful but won’t replace word-of-mouth recommendations, says Real Estate Institute president Helen O’Sullivan. 29-10-2012 more >>
A programme launched today offers property developers advice to help them construct buildings that use up to 70% less energy than the average. 29-10-2012 more >>
Landlords can expect especially good returns from top quality investment properties at present, says New Zealand Property Investors Federation president Andrew King. 26-10-2012 more >>
Smart commercial landlords should strengthen their buildings well beyond the legal requirement - or hold off for now, says a property consultant. 25-10-2012 more >>
The decision this morning to leave the official cash rate (OCR) unchanged at 2.5% hasn’t surprised anyone – but the hint of optimism included with the Reserve Bank governor’s statement has. 25-10-2012 more >>
It needs to become cheaper to build houses if New Zealand is to avoid a situation where lower income families have nowhere to live, says BNZ chief economist Tony Alexander. 25-10-2012 more >>
Dealing with problem tenants could become a lot more expensive under changes to the judicial system being proposed by the Government. Geoff Knight, of debt recovery and collection service CIA, said many landlords would give up on recovering money they were owed from errant former tenants if the new fees scheme was adopted. 23-10-2012 more >>
Investors with properties in Manukau are getting the best return on investment, according to the latest market research from Crockers. 19-10-2012 more >>
Commercial property owners are being offered a new insurance policy that covers environmentally friendly reconstruction. It’s been developed by insurance broker Apex General in partnership with NZI. 17-10-2012 more >>
New Zealand’s housing market is caught between two opposing forces and price rises may not be sustainable, ANZ’s latest Property Focus report says. 16-10-2012 more >>
BNZ chief economist Tony Alexander says central banks around the world are pursuing a “hair of the dog that bit you†solution to the global financial crisis, by flooding the market with cash. 12-10-2012 more >>
New Zealand’s lifestyle property market continued its lift in the September quarter, when there were 6.2% more sales compared to the same time the year before. 12-10-2012 more >>
Otago University’s Students Association says the condition of the flats judged among the city’s worst is a reminder that tenants should issue their landlords with 14-day notices to rectify when things aren’t right. 12-10-2012 more >>
New Zealand Property Investors Federation president Andrew King has welcomed an Inland Revenue victory over a landlord it said was running a business. 11-10-2012 more >>
The mortgagee sale situation in New Zealand is not as dire as recent reports would have us believe, says property commentator Alistair Helm. 10-10-2012 more >>
Housing affordability has improved year-on-year almost everywhere in New Zealand– except Auckland, according to Massey University. 09-10-2012 more >>