Taranaki Property Investors' Association

taranaki@nzpif.dev.nzpif.org.nz

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Taranaki (TPIA) News

QV May 2011 Report - the regions

A review of QV's Residential Price Index for May.
08-06-2011 more >>

The perpetuity problem pertaining to property

Proposed changes to New Zealand's trust laws have the potential to alter the transfer of property and are long overdue, according to NZ Trustees Services director Jonathon Cron.
08-06-2011 more >>

Economic confidence up but property sector optimism mixed, BNZ

Property management sector feedback to the BNZ Confidence Survey appears to mirror recent housing market data, with Wellington flat, rising rents in Auckland and a mixed picture for Christchurch.
07-06-2011 more >>

After three months of rises, average Auckland house price slips in May

Auckland house prices took a dip in May after three months of rises, while sales lifted 3.3% to climb 12.2% above year-ago levels, according to the latest Barfoot & Thompson data.
03-06-2011 more >>

2011 on course for least number of houses built

April saw a 32% year-on-year fall in new home consents to 893, according to Statistics New Zealand figures.
03-06-2011 more >>

Getting REAL about property management education

Real estate training organisation REAL ITO is consulting with the property management industry on qualifications for letting agents and property managers.
02-06-2011 more >>

Otago oil boom ahead

Dunedin Property Investors could expect house values to increase in the long term if the Dunedin City Council's attempts to entice oil companies to the region work out, Otago Property Investors were told at their annual meeting.
01-06-2011 more >>

Auckland property market shifts in favour of sellers

The sluggishness of new listings over the past two years has seen the Auckland property market finally tip in favour of sellers, according to the latest Realestate.co.nz Property Report.
01-06-2011 more >>

Property dodges budget bullet, but still in some sights

The Minister of Finance did not include any surprise new taxes for property in this years’ budget. He has obviously seen that the changes from last years budget, which came into affect in April this year, have had quite an impact on the industry already and that we have made our contribution to these tough economic times.
01-06-2011 more >>

Housing market improves, but from low base, says ANZ

Rents have reached a two-and-a-half year high and are set to increase further, according to the latest ANZ Property Focus.
30-05-2011 more >>

Low rates increasing appeal of investment property, ASB

Housing market confidence has improved slightly over the March quarter and lower mortgage rates have made property an increasingly attractive investment, according to the latest ASB Housing Confidence survey.
30-05-2011 more >>

New system aims for fewer estate agent complaints

The Real Estate Agents Authority (REAA) hopes the launch of a new complaints handling system will reduce the number of official complaints against real estate agents.
23-05-2011 more >>

Rental property top investment choice for Aucklanders

Aucklanders rate rental property as their preferred investment class, bucking the national trend for favouring term deposits, according to the latest ASB Investor Confidence Survey.
16-05-2011 more >>

Ups and downs, Auckland year-on-year rents revealed by Crockers

The average rent for a four-bedroom property in Auckland's Ponsonby has risen 57% over the past year, while Epsom has seen a 40% fall, according to the latest Crockers Auckland rental price table.
16-05-2011 more >>

First time buyers, investors an increased presence in market

More estate agents are seeing increased activity from first home buyers and sustained interest from property investors, according to the second BNZ-REINZ Market Survey.
12-05-2011 more >>

REINZ regional commentaries - April 2011

The REINZ April 2011 regional commentaries
11-05-2011 more >>

Prices down, sales up and a new all-time median high for Auckland

The housing market saw a lift in volumes over April with a seasonally adjusted 3% rise in sales compared to March, according to the latest Real Estate Institute (REINZ) report.
11-05-2011 more >>

NZ house prices over valued, says IMF

House prices in New Zealand are over-valued by as much as 25% compared to the average over the past 20 years, according to the International Monetary Fund (IMF).
10-05-2011 more >>

QV April - the regions

Property values appear to be stabilising across the country, according to QV's report on the regions.
10-05-2011 more >>

QV sees value stability spread

A flattening of house price values in Auckland helped residential property values remain relatively stable at a national level across April, according to the latest QV report for April.
10-05-2011 more >>

King's Counsel

For the new Property Investors Federation president Andrew King, taking on the top job in an election year has given an extra focus to the Federation's role lobbying on behalf of property investors.
09-05-2011 more >>

Opportunities for investors in Auckland expansion proposals

Auckland property investors would "always have a letting market" for the city council's proposed smaller inner city dwellings, according to Bayleys managing director Mike Bayley.
09-05-2011 more >>

House prices ‘will rise' says BNZ

The lack of new houses being built and construction industry capacity issues as the Christchurch rebuild begins will lead to an inevitable rise in house prices, according to BNZ economist Tony Alexander.
06-05-2011 more >>

Floating rates growing in popularity

With the Reserve Bank keeping interest rates low more home buyers will move to floating rate mortgages, according to Westpac New Zealand chief executive George Frazis.
06-05-2011 more >>

Unlucky 13 - Auckland weekly rent down on March

The average weekly rent in Auckland fell by $13 during April compared to March, while the average weekly rent stood at $421, according to Barfoot & Thompson.
06-05-2011 more >>


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