New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
Economic forecasts for robust housing market activity to appear in tandem with rising interest rates over the next two years are “off with the fairies,” according to Rodney Dickens.
New Zealand's commercial property sector stayed in the doldrums last month with permits for new construction down to a five-month low, while consents for new homes, excluding apartments, slid to their weakest level since January.
New residential housing construction has already picked up over the first half of 2010 and is predicted to lift by 23% in 2011 as New Zealand's housing shortage continues, according to Westpac.
All of the major banks have now lifted their short term mortgage rates with Westpac and BNZ the last two to make changes following the Official Cash Rate (OCR) hike of 25 basis points to 2.75% earlier this month.
House prices don't look set to rise any time soon, according to the latest ANZ Property Focus.
Taranaki's main centre is a hive of activity with good investment potential due to the stable nature of the housing market.
If ASB had not kicked off mortgage rate increases yesterday, then the Reserve Bank would have started thinking in terms of boosting the Official Cash Rate (OCR) 0.5% in July simply to force the response it wants, says BNZ economist Tony Alexander.
The Auckland residential property market has come into line with the rest of the country after being ahead in terms of momentum, according to the latest Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI).
Residential home buyers have a slight edge over sellers with a solid number of listings and longer selling periods eroding vendors' ability to pick and choose the best bid.
BDO tax partner Alan Scott says property investors need to look at some of the overlooked parts of the Budget and start preparing for change now.
A group of Christchurch property investors are selling up due to high debt levels, unrealised gains and Budget issues.
If the Budget was designed to put residential property investors off their stride then it appears to have failed.
The Real Estate Institute is saying that the increase in the official cash rate, which will lead to higher mortgage rates, is good for the property market.
Borrowers shouldn't panic about the Official Cash Rate (OCR) increase to 2.75% today says ANZ chief economist Cameron Bagrie.
Values throughout the main urban areas have flattened or declined over the three months to May, according to QV's latest statistics. Find out what's happening in the story below.
The residential property market is a mixed bag in terms of activity but looks set to "potter along" for the next while, according to QV.
An increasing volume of residential building in the March quarter has offset a continuing fall in commercial construction, to post an overall lift in all building work of 0.7% across its three month measurement period.
The biggest single receivership sale of residential investment property ever seen in New Zealand is placing seven large-scale multi-tenanted units on the market for sale – encompassing some 153 rental units.
An increase in GST will have a significant impact on property investors with substantial portfolios.
Auckland house sales and prices rose last month after a soft April, though the property market still faces headwinds with interest rates likely to rise and more people looking to head across the Tasman.
Property prices are still under pressure as households keep debt repayments as a top priority for the year ahead, according to the ANZ New Zealand property gauges.
Just like a leaky home, a house that has been used to manufacture methamphetamine (P) can cost tens of thousands of dollars to clean or repair before it is safe to be inhabited again.
Sellers are being forced back down to earth in terms of price expectations if they want to shift properties, amidst sagging sales.
Big Bad Bill English puffed a lot of hot air over property investors’ heads in the lead up to the May Budget. But what do the announced changes really mean for the future of property investment.
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