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 >>
The "euphoria" created by the hefty Fonterra payout last year has evaporated, bringing the rural property market back down to more realistic levels, the latest Real Estate Institute of New Zealand (REINZ) Rural Market report reveals. 13-07-2009 more >>
The Property Investors Federation has raised concerns about a landmark eviction case in Wellington, which they say could damage the rights of landlords nationwide. 12-07-2009 more >>
Regional councils are offering funding mechanisms to advance money for clean heating and insulation, which home owners can repay through their rates bills over 10 years. 11-07-2009 more >>
Property managers have avoided extra regulation after a review found additional laws wouldn’t be justified and would unfairly add compliance costs. 11-07-2009 more >>
