Tight lending criteria by banks is driving many first time property buyers out of central city living and into suburbia, according to real estate firm Bayleys. 04-08-2009 more >>
Investing in residential property is in the blood in New Zealand. But while we may have been able to get away with a "number-eight wire" style approach in the past, the current tough markets mean it's time to get savvy. 03-08-2009 more >>
Letting services will be under the spotlight after the government decided against including property managers in tighter regulation for real estate agents, according to a cabinet document. 31-07-2009 more >>
An update on the Residential Tenancies Amendment Bill, Property Managers Review, Home Insulation, Associated persons rule and the No Asset Procedure. 31-07-2009 more >>
Reserve Bank Governor Alan Bollard held the official cash rate at 2.50% as expected and said while economic activity showing signs of stabilising, the high New Zealand dollar was helping to keep the economy "weak." The Kiwi tumbled after his statement. 30-07-2009 more >>
The New Zealand Property Investors' Federation (the Federation) briefed the social service select committee on the Residential Tenancies Act Amendment Bill yesterday, Wednesday 29 July. 30-07-2009 more >>
A bill aimed at speeding up the building consent process and reduce costs is set to become law, after making its way through Parliament. 30-07-2009 more >>
New Zealand home-building consents tumbled in June, reflecting a drop-off in apartments from the previous month and the continuance of broadly weak issuance levels. 29-07-2009 more >>
You may have been thinking of diversifying your residential property portfolio and exploring the possibility of commercial property. Here are some options. 28-07-2009 more >>
Two and three-bedroom serviced apartments in Auckland's Viaduct are doing exceptionally well in the recession, according to David Graham of Quinovic Viaduct. 28-07-2009 more >>
This submission was forwarded early in July and the NZPIF will be making an oral presentation on 28 July to the Social Services select committee. 23-07-2009 more >>
An oversupply of residential rental properties is putting pressure on rent prices, which reduced by an average of 3.5% across the country in the past three months, First National Group reports. 22-07-2009 more >>
Credit rating agency Veda Advantage’s product overhaul has received a mixed response from property investors as they prepare for the new scoring system to come into effect next week. 20-07-2009 more >>
ANZ National Bank’s eight gauges of the housing market have reiterated the support the sector’s found with burgeoning net migration, but with a slowdown in winter typical, “it won’t be until spring that we will get a clearer picture.†15-07-2009 more >>
Lending limits for "Welcome Home" loasn for the first home buyers look set to increase next month, opening the scheme up to low-income home-buyers in parts of Auckland and Tauranga for the first time in several years. 14-07-2009 more >>
A new plain English Sale and Purchase form has been developed by the Real Estate Institute of New Zealand (REINZ) which will be available to vendors and purchasers this week. 14-07-2009 more >>
The property market is continuing to experience significantly higher levels of sales activity compared to 12 months ago and many are selling at auction, according to Harcourts' latest statistics. 14-07-2009 more >>