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Houses rented out as sales stall
(04 Jul 2008)
Activity in the housing rental market market is surging as vendors back off on selling during the housing slump
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Surprise! Funding costs rise again
(04 Jul 2008)
Just as we had got accustomed to the idea that the worst might be over for mortgage rates, the market has sprung another surprise.
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RESIDENTIAL TENANCIES AMENDMENT BILL - Introduced
(30 Jun 2008)
The RTA Bill is on Parliament’s agenda for its first reading. The Bill is to be referred to the Social Service Select Committee for consideration.
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Slow trickle
(27 Jun 2008)
Rate changes have slowed to a trickle over the past week as the mortgage market settled following the latest cut in funding costs.
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Light at the end of the tunnel?
(27 Jun 2008)
Sections and apartments are often talked about as the most vulnerable part of the property market. In the June ANZ Property Focus, tables have been updated showing which regions have the most exposure to sections and apartments, relative to other types of sales
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Drop-off in rental prices a surprise, says market expert.
(24 Jun 2008)
The median rent has slipped $5 a week to $295, according to a quarterly report on the residential rental market.
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Good home loan news mixed with caution
(20 Jun 2008)
More of the same is probably the best way to sum up developments in the home loan market over the past week.
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The boom has turned to bust
(15 Jun 2008)
The property downturn is not a blip and Auckland's top suburbs are suffering, with the desirable suburbs of Kohimarama, Greenlane, Westmere, Point Chevalier and Epsom declining more than any other.
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Building wealth: New view of a familiar slump
(15 Jun 2008)
There is not too much that is good about getting older, says Martin Hawes. The only silver lining he can find on an age cloud is you have experience - you are able to look at things with experience and recognize that you have seen similar situations before.
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Mexican stand off in housing market
(13 Jun 2008)
A Mexican stand-off between house buyers and sellers continues, according to some interpretations of the latest real estate prices.
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Flurry of rates
(06 Jun 2008)
After months of little movement in home loan rates there has recently been a flurry of conflicting movements, making it a difficult time for people wanting to refinance or take out a new loan.
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House prices may fall 13 per cent - Bollard
(05 Jun 2008)
While mortgage interest rates may be coming down soon, house prices are also heading south, says Reserve Bank Governor Alan Bollard.
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Softer tone expected from Reserve Bank
(03 Jun 2008)
Dene McKenzie reports that the Reserve Bank is expected to adopt a softer tone in its monetary policy statement on Thursday in recognition the economic outlook has deteriorated sharply.
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Global house prices suffer severe slump
(03 Jun 2008)
From Dublin to Tokyo, house prices have slumped in the past year as the credit crunch has restricted lending and stunted growth in the biggest economies, new figures have shown.
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Greater protection for tenants under new RTA bill
(30 May 2008)
The Residential Tenancies Act (RTA) amendment bill introduced to Parliament yesterday will give greater protection to vulnerable tenants and help both landlords and tenants to understand and enforce their respective rights.
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Will new bill correct anti-landlord bias?
(30 May 2008)
Landlords seek tenancy legislation which is balanced and commonsense law, Martin Evan, President of the NZPIF said today.
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AMENDMENT BILLS INTRODUCED
(30 May 2008)
The Residential Tenancies Amendment Bill and the Unit Titles Amendment Bill have both been introduced into Parliament (29 May).
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Property stacks up on risk and return
(25 May 2008)
The property market's spectacular run of capital growth is over for now and yields have been squashed by high prices and interest rates - but to many investors the local share market is a less-than-alluring alternative
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Floating up, fixing down
(23 May 2008)
Green ink continues to spread across Good Returns' mortgage listings as non bank lenders join the mainstream banks in cutting the cost of fixed rate funds over the one to three year terms.
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House slump. Don't blame the messenger
(21 May 2008)
BNZ Chief Economist, Tony Alexander, is defending the media against real estate industry accusations that it is to blame for the housing market slump
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The Good News Road Show is steaming ahead
(16 May 2008)
There is a definite synergy about the title of this year's NZPIF Conference Steaming ahead and the message speaker, Dean Letfus, will be delivering in his workshop and keynote presentation
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OCR cut of 50 points forecast
(16 May 2008)
If you are in the market for a mortgage you should be able to obtain a fixed rate deal that is significantly cheaper than what you would have paid a week or two ago.
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Boom time for renters
(11 May 2008)
Potential homebuyers are choosing to remain long-term renters - freeing up thier savings for less volatile investments.
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Two steps forward, one step back
(09 May 2008)
This is probably a fitting description for progress in the mortgage market at present.
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Property investment yields down but optimism remains, says ANZ survey
(07 May 2008)
Property investors are becoming more circumspect, although they continue to expect strong returns from housing in the medium-term, figures from the fifth annual ANZ Property Investors Survey show.
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