New Zealand Property Investors' Federation, (NZPIF) is the umbrella body for 20 local Property Investors' Associations throughout New Zealand.
Phone: (03) 357 9243
Rents have reached a two-and-a-half year high and are set to increase further, according to the latest ANZ Property Focus.
Housing market confidence has improved slightly over the March quarter and lower mortgage rates have made property an increasingly attractive investment, according to the latest ASB Housing Confidence survey.
The Real Estate Agents Authority (REAA) hopes the launch of a new complaints handling system will reduce the number of official complaints against real estate agents.
Aucklanders rate rental property as their preferred investment class, bucking the national trend for favouring term deposits, according to the latest ASB Investor Confidence Survey.
The average rent for a four-bedroom property in Auckland's Ponsonby has risen 57% over the past year, while Epsom has seen a 40% fall, according to the latest Crockers Auckland rental price table.
More estate agents are seeing increased activity from first home buyers and sustained interest from property investors, according to the second BNZ-REINZ Market Survey.
The REINZ April 2011 regional commentaries
The housing market saw a lift in volumes over April with a seasonally adjusted 3% rise in sales compared to March, according to the latest Real Estate Institute (REINZ) report.
House prices in New Zealand are over-valued by as much as 25% compared to the average over the past 20 years, according to the International Monetary Fund (IMF).
Property values appear to be stabilising across the country, according to QV's report on the regions.
A flattening of house price values in Auckland helped residential property values remain relatively stable at a national level across April, according to the latest QV report for April.
For the new Property Investors Federation president Andrew King, taking on the top job in an election year has given an extra focus to the Federation's role lobbying on behalf of property investors.
Auckland property investors would "always have a letting market" for the city council's proposed smaller inner city dwellings, according to Bayleys managing director Mike Bayley.
The lack of new houses being built and construction industry capacity issues as the Christchurch rebuild begins will lead to an inevitable rise in house prices, according to BNZ economist Tony Alexander.
With the Reserve Bank keeping interest rates low more home buyers will move to floating rate mortgages, according to Westpac New Zealand chief executive George Frazis.
The average weekly rent in Auckland fell by $13 during April compared to March, while the average weekly rent stood at $421, according to Barfoot & Thompson.
Consents for new homes have fallen to the lowest level since records began - 1982.
The average house sales price for Auckland stood at $544,975 in April, $3,500 above April last year and the highest April figure achieved by Barfoot & Thompson, the estate agent revealed today.
The property market is beginning to show signs of renewed activity with the average asking price for a home at its highest level in four years, according to the Realestate.co.nz NZ Property Report.
Confusing comments from market 'soothsayers' may be spooking possible buyers, but a more relaxed attitude from banks to mortgage lending offers some silver lining, claimed First National Group.
Rents for two and three-bedroom properties in Auckland have seen sharp rises over March, and in one area the average four-bedroom rent rose 50%, according to Crockers Market Research.
Renovating is the new black Add rooms and you'll add value to your property, says Property Investor's May issue, out now.
It was the end of a very special era last month, when NZPIF President Martin Evans decided not to stand for re-election after four years in the job.
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