New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.

Phone: (03) 357 9243

Email: www@nzpif.org.nz

News & Updates

Recent updates

Tuesday, Jun 30, 2009

POLITICAL & REGULATORY REPORT for June 2009

HOME OWNERSHIP – Govt policy During the month the Minister of Housing Phil Heatley announced that State house tenants would have the option to buy the house they are living in from Housing New Zealand Corporation from mid September. This is a fulfilment of the National Government’s election promise.

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Tuesday, Jun 30, 2009

Building approvals climb again, helped by rates

New Zealand home building approvals rose for a second month, spurred by consents for apartments, stoking optimism the central bank's policy of record-low interest rates and a pick-up in net migration is reviving demand in the property market.

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Tuesday, Jun 30, 2009

Property slump hits small-time investors

Buy-to-let landlords who invested in "cheap" areas are at the sharp end of a housing slump which has seen a record number of mortgagee sales.

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Tuesday, Jun 30, 2009

Unit Titles Bill makes management easier

The Unit Titles Bill currently before Parliament's Social Services committee will make setting up unit title developments easier and more flexible.

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Thursday, Jun 25, 2009

Immigrants not all good news for market

The accidental landlord syndrome is being perpetuated by immigrants unable to sell their properties back home.

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Tuesday, Jun 23, 2009

Housing set to prosper on strong migration

The housing market will continue to prosper after net migration increased to its strongest rate in nearly six years last month, as migrants stoke demand for new property.

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Sunday, Jun 21, 2009

Auckland house prices hammered in new survey

The Nelson suburb of Stoke survived the housing slump in the strongest shape - while Central Auckland copped the heaviest hammering.

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Friday, Jun 19, 2009

Banks back insulation scheme

All main trading banks have agreed to join the government's insulation and heating scheme, and have agreed to waive fees for top-up loans home owners get as part of insulation retrofits.

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Thursday, Jun 18, 2009

No magic bullet for sunset dates

Delayed settlements can be a risky strategy for property investors, with no magic bullet clause purchasers can insert into the agreement that will protect them.

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Thursday, Jun 18, 2009

Deposit rates delaying property price recovery

A recovery in property prices will be delayed by rising deposit rates as they put pressure on long-term lending costs, according to the ANZ National Bank.

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Tuesday, Jun 16, 2009

Migration underpins lift in property, outlook still unclear, ANZ

ANZ National Bank’s eight gauges of the housing market found property was underpinned by strong net migration, but the outlook was still hazy with the correction “yet to fully pan out.”

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Friday, Jun 12, 2009

Outlook brighter on house price fall

The Reserve Bank has revised downward a prediction median house prices will fall up to 20 per cent in the recession, though sales volumes appear to be falling.

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Thursday, Jun 11, 2009

RBNZ keeps key rate at 2.5% amid signs of stabilisation

Reserve Bank of New Zealand Governor Alan Bollard held the official cash rate at 2.5%, pointing to signs of stabilisation in global economic activity and resilience in the domestic economy.

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Thursday, Jun 11, 2009

REINZ residential highlights - May 2009

May figures from the Real Estate Institute of New Zealand (REINZ) show prices have fallen slightly across the country, but volumes remain steady. Find out how your region is doing.

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Thursday, Jun 11, 2009

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).

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Tuesday, Jun 09, 2009

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.

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Tuesday, Jun 09, 2009

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.

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Monday, Jun 08, 2009

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.

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Monday, Jun 08, 2009

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.

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Monday, Jun 08, 2009

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.

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Friday, Jun 05, 2009

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.

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Friday, Jun 05, 2009

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.

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Friday, Jun 05, 2009

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.

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Thursday, Jun 04, 2009

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.

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Tuesday, Jun 02, 2009

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.

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