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Federation News

Auckland leads 11% home consents rise (01 Dec 2011)
New home consents were 11% up in October compared to the previous month, with Auckland leading the charge.
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‘Flood' of new listings in wake of RWC (01 Dec 2011)
New property listings soared 18% in November as homes held back during the Rugby World Cup come to market.
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Former Don Ha properties sold (30 Nov 2011)
A mass mortgagee auction of nine rental properties formerly owned by real estate agent and mentor Don Ha was successful, with all the properties selling.
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Mum and Dads bearing brunt of mortgagee sales rise (29 Nov 2011)
The number of mortgagee sales has increased over the last quarter - and this time it's mum and dad owners being hit rather than over-stretched property investors.
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Property guru goes bust (28 Nov 2011)
Massive Action property mentor Dean Letfus has declared himself bankrupt following the collapse of his business and property investment empire.
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Average weekly rent up 7.4% in year to June (28 Nov 2011)
The average weekly rent rose 7.4% in the year to June 2011, and 35% of New Zealand households made rent payments over that period.
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Housing market confidence slips over quarter (24 Nov 2011)
Expectations that house prices will rise have fallen over the October quarter, and less people believe now is a good time to buy a house.
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Potential - and pitfalls - in mortgagee sales (21 Nov 2011)
Almost three times more mortgagee properties came to market this year than before the global financial crisis in 2007.
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Ha portfolio sale includes rentals with ‘solid returns’ (16 Nov 2011)
A portfolio of 10 properties – eight of them with tenancies in place – will be auctioned by Bayleys in what the estate agent has described as one of Auckland’s biggest residential portfolio sales.
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CGT and planners get both barrels from Brash (15 Nov 2011)
Bursting the housing bubble – and making homes more affordable – will not be achieved by a capital gains tax, claimed ACT leader Don Brash.
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