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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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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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 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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Change in property rules 'inevitable'
(10 Feb 2010)
Property investors will find it hard to argue they should continue to claim depreciation of buildings that were increasing in value while not paying tax on that increase, Tax Working Group member John Shewan says.
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Landlord breaks likely top target
(09 Feb 2010)
Prime Minister John Key is expected to target tax breaks for landlords in his first parliamentary speech of the year setting out the Government's plans.
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