Marlborough Property Investors' Association

marlborough@nzpif.dev.nzpif.org.nz

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Recent updates

Marlborough News

Evicting Mob tenants 'breaches rights'

Housing NZ is breaching the Bill of Rights by trying to evict tenants with gang connections from units in Lower Hutt suburb Pomare, a top lawyer says.
11-07-2009 more >>

Short-term bank rates can be reduced: report

MPs are keeping the heat on the banks over interest rates with new critical report.
09-07-2009 more >>

House price stability on way back

The drop in house values slowed in the year to June, says QV Valuations, though its latest survey shows mixed opinions where the market will go over the coming months.
09-07-2009 more >>

REINZ residential highlights - June 2009

The housing market is holding steady, according to the June housing statistics from the Real Estate Institute of New Zealand (REINZ).
09-07-2009 more >>

Median house sale prices edges up, volumes dip

New Zealand residential property prices edged higher in June, while the volume of sales dipped after two monthly gains, according to the Real Estate Institute of New Zealand (REINZ).
09-07-2009 more >>

Urban area commentary - June 2009

Property values have increased in June, according to the latest statistics from Quotable Value (QV). Find out what's happening in the main regions in the story below.
06-07-2009 more >>

Property values increase as sales decline

New Zealand property values rose in June as a general shortage of properties for sale saw vendors boost their prices in what's beginning to look like a sellers' market.
05-07-2009 more >>

No additional regulation for property managers

A review has found that additional regulation of property managers is not justified, says Associate Minister of Justice, Nathan Guy.
03-07-2009 more >>

Auckland home sales rise in June as prices dip

Auckland home sales extended their gains last month, suggesting confidence in the sector is beginning to stabilise, according to real estate firm Barfoot & Thompson (B&T).
03-07-2009 more >>

Associated persons "tests" relaxed

Far reaching changes to associated persons tax rules have had some of the sharp edges removed from them - but the thrust of the changes remain.
02-07-2009 more >>

Record numbers of auctions

The shortage of real estate listings in cities around the country has seen record numbers of home owners auctioning their homes.
02-07-2009 more >>

POLITICAL & REGULATORY REPORT for June 2009

HOME OWNERSHIP – Govt policy During the month the Minister of Housing Phil Heatley announced that State house tenants would have the option to buy the house they are living in from Housing New Zealand Corporation from mid September. This is a fulfilment of the National Government’s election promise.
30-06-2009 more >>

Building approvals climb again, helped by rates

New Zealand home building approvals rose for a second month, spurred by consents for apartments, stoking optimism the central bank's policy of record-low interest rates and a pick-up in net migration is reviving demand in the property market.
30-06-2009 more >>

Property slump hits small-time investors

Buy-to-let landlords who invested in "cheap" areas are at the sharp end of a housing slump which has seen a record number of mortgagee sales.
30-06-2009 more >>

Unit Titles Bill makes management easier

The Unit Titles Bill currently before Parliament's Social Services committee will make setting up unit title developments easier and more flexible.
30-06-2009 more >>

Immigrants not all good news for market

The accidental landlord syndrome is being perpetuated by immigrants unable to sell their properties back home.
25-06-2009 more >>

Housing set to prosper on strong migration

The housing market will continue to prosper after net migration increased to its strongest rate in nearly six years last month, as migrants stoke demand for new property.
23-06-2009 more >>

Auckland house prices hammered in new survey

The Nelson suburb of Stoke survived the housing slump in the strongest shape - while Central Auckland copped the heaviest hammering.
21-06-2009 more >>

Banks back insulation scheme

All main trading banks have agreed to join the government's insulation and heating scheme, and have agreed to waive fees for top-up loans home owners get as part of insulation retrofits.
19-06-2009 more >>

No magic bullet for sunset dates

Delayed settlements can be a risky strategy for property investors, with no magic bullet clause purchasers can insert into the agreement that will protect them.
18-06-2009 more >>

Deposit rates delaying property price recovery

A recovery in property prices will be delayed by rising deposit rates as they put pressure on long-term lending costs, according to the ANZ National Bank.
18-06-2009 more >>

Migration underpins lift in property, outlook still unclear, ANZ

ANZ National Bank’s eight gauges of the housing market found property was underpinned by strong net migration, but the outlook was still hazy with the correction “yet to fully pan out.”
16-06-2009 more >>

Outlook brighter on house price fall

The Reserve Bank has revised downward a prediction median house prices will fall up to 20 per cent in the recession, though sales volumes appear to be falling.
12-06-2009 more >>

RBNZ keeps key rate at 2.5% amid signs of stabilisation

Reserve Bank of New Zealand Governor Alan Bollard held the official cash rate at 2.5%, pointing to signs of stabilisation in global economic activity and resilience in the domestic economy.
11-06-2009 more >>

REINZ residential highlights - May 2009

May figures from the Real Estate Institute of New Zealand (REINZ) show prices have fallen slightly across the country, but volumes remain steady. Find out how your region is doing.
11-06-2009 more >>


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