Confidence about the economy in a year's time has slipped slightly and the residential real estate and commercial property sectors remain ‘moribund', according to the latest BNZ Confidence Survey. 14-12-2010 more >>
A late spring surge in the residential property market has lifted the level of sales back above 5,000 and the national median price up to $360,000, according to the Real Estate Institute of New Zealand (REINZ) November report. 14-12-2010 more >>
The Reserve Bank left the OCR rate unchanged at 3% and forecast limited rises over the next two years, citing concerns the low rate was failing to provide a boost to the economy with below average corporate investment intentions and a weak housing market. 09-12-2010 more >>
Proposed new rules confirmed today as part of the wider tax shake-up will eliminate landlords’ and businesses’ ability to claim depreciation on buildings and tighten the rules for LAQCs. 07-12-2010 more >>
New Zealand property values are beginning to stabilise, though sales volumes remain relatively low, according to the latest QV residential property indices for November. 07-12-2010 more >>
Confidence in the housing market continued to fall over the three months to October, with tax changes regarding investment property adding to the cautiousness towards housing as an investment option, according to the latest ASB Housing Confidence Survey. 02-12-2010 more >>
The seasonally adjusted number of new housing units authorised, excluding apartments, has fallen for the fourth consecutive months to the lowest level since July 2009, Statistics New Zealand has said. 30-11-2010 more >>
News the government is to abolish gift duty – confirmed by Revenue Minister Peter Dunne – may not mean the end of the current system for transferring property assets into trusts. 30-11-2010 more >>
The problem definition of a land investment product finally has some clarity with a proposal to make the definition narrow around complex land investment schemes rather than broad capturing basic investment. 27-11-2010 more >>
The housing market continued to weaken in October, with the ANZ Property Focus reporting the lowest number of sales for any month of October since the series began in 1992. 23-11-2010 more >>
Housing market sales during October are down by as much as 46% on the year earlier in some parts of the country, according to the latest Harcourts MarketWatch figures. 22-11-2010 more >>
A gradual slowing of the decline of commercial property capital values market is helping deliver improved investment returns, according to the Investment Property Databank. 19-11-2010 more >>
The traditional springtime rise in residential property sales has failed to materialise so far this year, though the national median price is holding firm at $350,000 according to the latest REINZ monthly house price index. 11-11-2010 more >>
Housing market activity has weakened ‘considerably’ over the past year and house prices could decline further, according to the Reserve Bank’s Financial Stability Report. 10-11-2010 more >>
Property investors have given a lukewarm welcome to the launch of the Homestar property ratings scheme, citing costs and the possibility of compulsory accreditation as problematic. 10-11-2010 more >>
Falling investor confidence has prompted a flight towards the safety of term deposits at the expense of property investment, according to the latest ASB Investor Confidence Survey. 09-11-2010 more >>
Property values continue to gradually decline and are now 5.5% below the market peak of late 2007, according to the latest QV residential property report. However the news is not all bad. 08-11-2010 more >>
Monthly home sales in New Zealand's biggest city have fallen to their lowest level in 20 months as the lingering effects of the stalled economic recovery continue to weigh on households. 03-11-2010 more >>
Property investors are eager to reduce debt and increase savings, mirroring the financial changes many New Zealanders are making, according to the latest ANZ Property Investment Survey. 02-11-2010 more >>
There is a shortage of four-bedroom rental properties across the country, demand for all types of rental accommodation in Auckland and a small overall increase in rents, according to First National’s latest quarterly residential property management survey. 01-11-2010 more >>
The housing market remains weak, with sales and average selling prices falling further in September according to the latest ANZ Property Focus, which described a housing market “lost at sea and struggling to keep its head above water.†01-11-2010 more >>
