BNZ Chief Economist, Tony Alexander, is defending the media against real estate industry accusations that it is to blame for the housing market slump 21-05-2008 more >>
There is a definite synergy about the title of this year's NZPIF Conference Steaming ahead and the message speaker, Dean Letfus, will be delivering in his workshop and keynote presentation 16-05-2008 more >>
If you are in the market for a mortgage you should be able to obtain a fixed rate deal that is significantly cheaper than what you would have paid a week or two ago. 16-05-2008 more >>
Property investors are becoming more circumspect, although they continue to expect strong returns from housing in the medium-term, figures from the fifth annual ANZ Property Investors Survey show. 07-05-2008 more >>
No matter what the trepidation in the property market, Kiwi investors are still more fond of property than any other instrument to salt away the nest egg. But becoming a property investor generally means becoming a landlord. What do you need to know? [NZ Herald] 03-05-2008 more >>
Finally there is a glimmer of hope for borrowers that home loan rates will start falling. This glimmer has been intensified by a little competitive pressure. 02-05-2008 more >>
Under considerable pressure from the media and others concerning the condition of some boarding houses and the referral of Housing NZ “clients†to them, the Minister of Housing Maryan Street (11 April) said the Government would revive a new version of a Residential Tenancies Amendment Bill, which was originally introduced by former Housing Minister Mark Gosche in 2001.
30-04-2008 more >>
With little prospect of capital growth during the next 2 years, the local property market is losing its lustre for all but the canny, cashed-up bargain hunter, and the spot light has swtiched to Australia 28-04-2008 more >>
Lombard says that although its finance company has collapsed its mortgage businesses, Tasman and United, continue to to trade at acceptable levels in a very tough market. 24-04-2008 more >>
After a couple of weeks' respite, there has been another series of mortgage rate increases over the past few days from non-bank lenders. 18-04-2008 more >>
Accountants throughout the country are offering an hour's free time to help struggling Blue Chip investors, the NZ Herald reported on Wednesday 17-04-2008 more >>
Housing NZ is selling 15 Auckland state houses for an expected $12 million windfall ahd has already put seven of them up for sale as part of a plan to exit the mansion market. 11-04-2008 more >>
The mortgage market has been noticeably calmer over the past week with few changes in rates. After the recent general upswing in loan rates this will be welcome news for anyone who needs to refinance now. 11-04-2008 more >>
House buyers are waiting for prices to drop, tenants are crying out against big rent hikes and sellers still have unrealistically high expectations. 10-04-2008 more >>
Renters are hurting as much as homeowners - national average rents are up by just over 7 per cent, the average rental now costs %300 per week. 28-03-2008 more >>
President of the NZPIF appreciates the aim of the Minister of Building and Construction to ensure renters have more stability but says there are downsides to long term leases of 15-33 years 27-03-2008 more >>
Concern over the long-term increase in families renting rather than owning homes has prompted Minister for Building and Construction, Shane Jones to propose providing stable rental rights, for the benefit of both landlords and tenants. 25-03-2008 more >>
Mortgage lenders have continued to raise home loan rates over the past week and there are suggestions from some commentators that they could go higher still. 20-03-2008 more >>