Marlborough Property Investors' Association

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Marlborough News

Prices slip, volumes hold in May: REINZ

New Zealand residential property prices slipped in May, after three straight monthly gains, while the volume of sales held up in a market suffering from "an acute shortage of houses," according to the Real Estate Institute (REINZ).
11-06-2009 more >>

Criminalising not helpful, says tenancy group

Tenancy groups are concerned over the proposed changes to the Residential Tenancies Amendment (RTA) Bill, saying they should encourage good practice rather than trying to bring fines and charges against tenants.
09-06-2009 more >>

Building work falls less than expected

New Zealand's total building work fell by a smaller-than-expected 0.7% in the first quarter, though the decline is set to accelerate in the latest three months following a slump in construction permits.
09-06-2009 more >>

Signs of stability in property market

The property market is showing signs of stabilising, but an industry expert says the latest QV statistics are merely a "blip" and the market will continue to slide.
08-06-2009 more >>

Property prices stabilise with cheaper lending rates: QV

New Zealand property values continued to stabilise in May with cheaper mortgage rates making housing more affordable, after a rough year in 2008.
08-06-2009 more >>

QV regional highlights - May 2009

The latest figures from Quotable Value reflect the pick-up in the housing market, with property values improving across the country.
08-06-2009 more >>

Property market picks up after "abysmal" 2008

The property market extended its gains this year, with May's monthly sales continuing to improve after an "abysmal" year in 2008.
05-06-2009 more >>

National says no to capital gains tax

A capital gains tax on property investment is definitely not on the Government's agenda, says Housing Minister Phil Heatley.
05-06-2009 more >>

Loopholes removed from NAP law

The amended No Asset Procedure (NAP) bill, which reforms the 2006 Insolvency Act, will make it easier for landlords to make better-informed decisions on tenants and who to let their rental properties to.
05-06-2009 more >>

Auckland housing demand picks up

Housing demand in Auckland continued to revive last month, with real estate firm Barfoot & Thompson (B&T) reporting its best month of trading in two years.
04-06-2009 more >>

Labour heads to Select Committee over RTA bill

They wrote it, they support it, but after the National Party introduced The Residential Tenancies Amendment Bill to Parliament, the Labour Party says it still needs changes.
02-06-2009 more >>

Tough laws on tenancy drawn up

Landlords will face tougher sanctions - including $3000 in damages for failing to maintain rental properties properly - under a raft of changes to tenancy laws.
30-05-2009 more >>

POLITICAL & REGULATORY REPORT for May 2009

RESIDENTIAL TENANCIES AMENDMENT BILL - Introduced On 21 May the Residential Tenancies Amendment Bill commenced its first reading in Parliament.
29-05-2009 more >>

Budget delivers home insulation

The Government has delivered on its promise of dealing with the chill in tougher economic times. The Budget has promised a grant of up to $1800 to pay for insulation and heating for homeowners, and it’s not subject to income testing.
28-05-2009 more >>

New Zealand's property market is forecast to slump further

The Treasury's economic outlook for the year, released in today's budget, forecasts a shrinkage in residential investment of 25% for the year to March and a further 23% contraction the following 12 months.
28-05-2009 more >>

Rental yields better bet than capital gains: ASB

Properties offering good rental yields will be a safer option than capital gains, according to the latest ASB housing confidence report.
26-05-2009 more >>

ANZ gauges find demand is making property a sellers’ market

ANZ National Bank’s eight gauges of the property market predict the housing market is “showing signs of life” with a surge in migration lifting demand, although the overall tone is negative as unemployment remains the big uncertainty.
26-05-2009 more >>

Record mortgagee sales as economic downturn bites

Mortgagee property sales have hit an all time high with 201 recorded for March, a company specialising in property and land information says
25-05-2009 more >>

Legal possession and abandoned goods

Cliff Seque, President of Otago PIA, gives a step by step guide regarding what to do when confronted with an empty flat and the tenant's possessions are still on the premises.
25-05-2009 more >>

Review of political issues of interest to property investors

Thomas Chin, the NZPIF lobbyist, reviewed the issues of interest to members at the Communications Meeting held recently in Wellington
24-05-2009 more >>

President's May/June Report

RTA Amendments tabled again. QV Insider updates. Communication Meeting. Another special for NZPIF Conference.
24-05-2009 more >>

Indicator shows worst maybe over for housing market

The worst may be over for the housing market, according to the Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI).
22-05-2009 more >>

Immigration pick up a plus for housing market

A rapid pick up in immigration numbers is being seen by many economists as a factor which will provide support to New Zealand’s housing market.
22-05-2009 more >>

Indicator shows worst maybe over for housing market

The worst may be over for the housing market, according to the Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI).
22-05-2009 more >>

Improve success from mediation

The Department of Building and Housing provides a mediation service to landlords and tenants. This can be a good way to resolve disagreements. It's important to be well prepared
15-05-2009 more >>


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