New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
Residential property values have slowed just gradually enough this year to avoid eroding values the Real Estate Institute of New Zealand (REINZ) says.
One of NZ's property hot spots is one of its coldest, with one expert predicting big things for Invercargill next year.
Legislation affecting property investors has either been introduced to the house this month or will be early next year.
Given that the Reserve Bank held the Official Cash Rate (OCR) at 8.25% following its final rate review of the year last week, it is not surprising that there have been few movements in home loan rates since then.
Cliff Seque, President of the Otago Property Investors' Association, looks at the trends in the property market.
QV's October statistics released today report growth in national property values of 12.7% over the past year.
The government's major initiative to help first-time buyers, Welcome Home Loans, into their own home has reached 3000 loans.
Responding to the Government's energy efficient plans announced yesterday, the NZ Property Investors' Federation (NZPIF) President Martin Evans said the Federation was opposed to any measures to make its members compulsorily insulate their homes.
James Weir reports in the Dominion Post today that house prices are likely to increase by just 5 percent this year.
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