House prices to fall, rents to rise (28 Jul 2010)
House prices look set to continue falling, with Westpac predicting they could fall around 4.7%, while rents look set to rise.
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House prices likely to stay flat (27 Jul 2010)
While house prices increased in June from a month earlier, the general trend over the past three months has been flat at best, according to ANZ.
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Greens want new standards for rental properties (24 Jul 2010)
The Green Party is looking to impose more costs on landlords by having minimum standards for insulation and heating in rental properties.
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IRD's property focus getting sharper (23 Jul 2010)
The Inland Revenue Department's focus on the property market has not let up due to the recession. The department's latest annual Compliance Focus publication, released today, shows, if anything, an increased focus on getting more tax out of the property investment sector.
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SFO starts new Blue Chip probe (22 Jul 2010)
The Serious Fraud Office is to investigate allegations against an employee of the failed property investment group, Blue Chip, for alleged misinformation to investors and altering loan documents to induce financiers to lend.
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RTA amendments finally passed (22 Jul 2010)
The Residential Tenancies Amendment Act was passed by Parliament yesterday, with no last-minute changes to what was previously on the table.
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Canterbury investment properties hard to move (19 Jul 2010)
Only a third of a portfolio of 20 investment properties put up for sale in Christchurch have been sold, reflecting the difficult market conditions.
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Soft housing activity predicted for the rest of the year amid weak REINZ data (15 Jul 2010)
Economists are predicting the housing market will stay soft for the rest of the year after Real Estate Institute data showed sales volumes stayed under pressure last month.
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Big bill hits fire family (15 Jul 2010)
A Piopio family who lost all their belongings in a [rented] house fire have been slapped with a $200,000 insurance bill.
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Govt came close to changing capital gains tax rules on property (14 Jul 2010)
Toughening existing tax rules about when the capital gain on a property can be taxed were still under consideration by ministers until relatively late before this year’s Budget, papers released by the Treasury show.
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