Taranaki Property Investors' Association

taranaki@nzpif.dev.nzpif.org.nz

News & Updates

Recent updates

Taranaki (TPIA) News

House prices face downwards pressure

House prices are facing downwards pressure as the property market "rolls to a halt" according to ANZ's 10 property gauges.
23-03-2010 more >>

12 lenders cut fixed rates

Economists have been expecting a rise in fixed mortgage rates, however lenders have thrown in a curve ball this week with 12lenders making cuts.
19-03-2010 more >>

Tax Working Group got it wrong

The Government has said the Tax Working Group's (TWG) predictions on how much revenue could potentially be collected from tax on the property investment sector was too radical.
18-03-2010 more >>

Growth stalling, says property indicator

Growth in the property market is petering off, with the Mike Pero Mortgages/Infometrics Property Cycle Indicator (PCI) falling to its lowest level in 18 months.
18-03-2010 more >>

Game of two halves

The housing market appears to be a game of two halves, with some areas seeing substantially more sales activity than others.
17-03-2010 more >>

REINZ residential highlights - February 2010

Our regular monthly round up for New Zealand.
12-03-2010 more >>

Steam still coming out of house sales

Total residential house sales rose sharply in February, compared with a 10 year low-point in January, but seasonally adjusted prices fell and it is taking longer to sell homes as tax-shy investors stay out of the market.
12-03-2010 more >>

Bollard's predictions on interest rates welcome

Reserve Bank governor Alan Bollard kept the official cash rate unchanged at 2.5%, as expected, and reiterated a mid-year start to rate hikes, saying the subdued pace of recovery will restrain inflation.
11-03-2010 more >>

Whangarei: City of 100 opportunities

Jacqui Sorenson knew exactly what to look for when she bought an investment property in Whangarei earlier this year. That's because she's a property manager at Whangarei Real Estate (Just Rentals Northland) and knew what the city's tenants want.
09-03-2010 more >>

QV regional snapshot - February 2010

Property values in February are above the same time last year, with the main urban areas performing well.
08-03-2010 more >>

Values growing at slower pace

House values rose 5.5% in the year through February, though the speed of growth is beginning to slow down, according to QV Valuations.
08-03-2010 more >>

Auckland rental shortage under debate

Rents look set to rise in Auckland as the rental pool drains somewhat, but the extent and reasons behind the drop are under debate.
08-03-2010 more >>

Awarding winning NZ Investment Game offered again at special price

This game invented by Frank Newman has been receiving a great deal of praise since being launched last year. It will be on display at the 2010 NZPIF Conference but you can buy it now.
05-03-2010 more >>

Bargains galore but not much action

The property investment market has largely ground to a halt, despite ample bargains currently available.
04-03-2010 more >>

Listings hit 11-month high in Auckland

Listings in Auckland reached an 11-month high in February and the average sales price reached a historical high for the month, according to Barfoot & Thompson.
03-03-2010 more >>

Building consents fall for second month

New Zealand home building consents fell for a second month in January, suggesting the nation's economic recovery is still fragile as property owners fret about tax changes and the potential for higher interest rates.
26-02-2010 more >>

Housing minister resigns

Housing and Fisheries Minister Phil Heatley has resigned his portfolios as a result of further discrepancies over his ministerial credit card spending.
25-02-2010 more >>

Housing confidence still upbeat

New Zealand housing confidence is still upbeat even if it's somewhat tarnished, according to ASB economists.
23-02-2010 more >>

Numbers on the up, says Harcourts

Sales numbers are predicted to improve over the next two months, says Harcourts' chief executive Bryan Thomson.
23-02-2010 more >>

Steadying of housing market dropping off

The steadying of the housing market has dropped off and is now at its "least convincing" since June last year, according to the Mike Pero Mortgages/Infometrics Property Cycle Indicator.
22-02-2010 more >>

House prices set to fall in cooling market: ANZ

The direction for house prices is down in what is a cooling market, according to ANZ's 10 property gauges.
19-02-2010 more >>

Trade Me sees record property browsers

Trade Me Property saw a record number of unique browsers and enquiries about properties in January despite sales being at a two-decade low.
19-02-2010 more >>

Relief in property circles as most tax options ruled out

The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key's speech yesterday, but he is wary of what is to come.
18-02-2010 more >>

Low number of bad loans make it to mortgagee sale

Mortgagee sales figures tend to hog the headlines but only a small percentage of loans gone bad ever get to that stage.
16-02-2010 more >>

REINZ residential highlights - January 2010

With sales the lowest in 20 years, where has been the hardest hit? Find out what parts of the country have fared better than others in terms of sales and price.
12-02-2010 more >>


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