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Federation News

Tax Working Group got it wrong (18 Mar 2010)
The Government has said the Tax Working Group's (TWG) predictions on how much revenue could potentially be collected from tax on the property investment sector was too radical.
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Growth stalling, says property indicator (18 Mar 2010)
Growth in the property market is petering off, with the Mike Pero Mortgages/Infometrics Property Cycle Indicator (PCI) falling to its lowest level in 18 months.
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Game of two halves (17 Mar 2010)
The housing market appears to be a game of two halves, with some areas seeing substantially more sales activity than others.
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REINZ residential highlights - February 2010 (12 Mar 2010)
Our regular monthly round up for New Zealand.
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Steam still coming out of house sales (12 Mar 2010)
Total residential house sales rose sharply in February, compared with a 10 year low-point in January, but seasonally adjusted prices fell and it is taking longer to sell homes as tax-shy investors stay out of the market.
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Bollard's predictions on interest rates welcome (11 Mar 2010)
Reserve Bank governor Alan Bollard kept the official cash rate unchanged at 2.5%, as expected, and reiterated a mid-year start to rate hikes, saying the subdued pace of recovery will restrain inflation.
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Whangarei: City of 100 opportunities (09 Mar 2010)
Jacqui Sorenson knew exactly what to look for when she bought an investment property in Whangarei earlier this year. That's because she's a property manager at Whangarei Real Estate (Just Rentals Northland) and knew what the city's tenants want.
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QV regional snapshot - February 2010 (08 Mar 2010)
Property values in February are above the same time last year, with the main urban areas performing well.
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Values growing at slower pace (08 Mar 2010)
House values rose 5.5% in the year through February, though the speed of growth is beginning to slow down, according to QV Valuations.
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Auckland rental shortage under debate (08 Mar 2010)
Rents look set to rise in Auckland as the rental pool drains somewhat, but the extent and reasons behind the drop are under debate.
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Awarding winning NZ Investment Game offered again at special price (05 Mar 2010)
This game invented by Frank Newman has been receiving a great deal of praise since being launched last year. It will be on display at the 2010 NZPIF Conference but you can buy it now.
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Bargains galore but not much action (04 Mar 2010)
The property investment market has largely ground to a halt, despite ample bargains currently available.
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Listings hit 11-month high in Auckland (03 Mar 2010)
Listings in Auckland reached an 11-month high in February and the average sales price reached a historical high for the month, according to Barfoot & Thompson.
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Building consents fall for second month (26 Feb 2010)
New Zealand home building consents fell for a second month in January, suggesting the nation's economic recovery is still fragile as property owners fret about tax changes and the potential for higher interest rates.
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Housing minister resigns (25 Feb 2010)
Housing and Fisheries Minister Phil Heatley has resigned his portfolios as a result of further discrepancies over his ministerial credit card spending.
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Housing confidence still upbeat (23 Feb 2010)
New Zealand housing confidence is still upbeat even if it's somewhat tarnished, according to ASB economists.
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Numbers on the up, says Harcourts (23 Feb 2010)
Sales numbers are predicted to improve over the next two months, says Harcourts' chief executive Bryan Thomson.
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Steadying of housing market dropping off (22 Feb 2010)
The steadying of the housing market has dropped off and is now at its "least convincing" since June last year, according to the Mike Pero Mortgages/Infometrics Property Cycle Indicator.
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House prices set to fall in cooling market: ANZ (19 Feb 2010)
The direction for house prices is down in what is a cooling market, according to ANZ's 10 property gauges.
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Trade Me sees record property browsers (19 Feb 2010)
Trade Me Property saw a record number of unique browsers and enquiries about properties in January despite sales being at a two-decade low.
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Relief in property circles as most tax options ruled out (18 Feb 2010)
The vice-president of the Property Investors Federation is relieved that most housing tax options were ruled out in Prime Minister John Key's speech yesterday, but he is wary of what is to come.
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Low number of bad loans make it to mortgagee sale (16 Feb 2010)
Mortgagee sales figures tend to hog the headlines but only a small percentage of loans gone bad ever get to that stage.
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REINZ residential highlights - January 2010 (12 Feb 2010)
With sales the lowest in 20 years, where has been the hardest hit? Find out what parts of the country have fared better than others in terms of sales and price.
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House sales lowest in two decades (12 Feb 2010)
House sales fell close to 20-year lows last month, as uncertainty about property tax changes and ongoing fragility in the economic recovery continued to weigh on the market, according to Real Estate Institute of New Zealand (REINZ) figures.
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Falling house sales may indicate faltering economy (11 Feb 2010)
Falling New Zealand house sale volumes and prices in January may indicate a domestic economy that's struggling to maintain momentum, according to economists.
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