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Federation News

Property Tutors defended in wake of FMA warning (01 Nov 2011)
Property Tutors – whose recent newspaper advert triggered a Financial Markets Authority (FMA) warning – has been defended by Gilligan Rowe & Associates (GRA) Matthew Gilligan.
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Home consents see ‘large decrease’ in September but trend still rising (31 Oct 2011)
The number of new homes authorised in September fell a seasonally adjusted 17% - though the trend continues to rise after dropping to some of the lowest levels since records began.
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Property Tutors "no income property investment" adverts criticised by FMA (28 Oct 2011)
The Financial Markets Authority (FMA) is warning potential property investors with no income – currently being targeted by newspaper adverts from Property Tutors Ltd – to seek legal and financial advice.
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Bollard spooks market (27 Oct 2011)
Reserve Bank governor Alan Bollard spooked financial markets slightly into thinking he may raise interest rates sooner than they had anticipated although, as expected, he's left rates unchanged for now.
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Christchurch City exodus a shot in arm for suburban landlords (26 Oct 2011)
The departure of almost 10,000 people from Christchurch City has proved to be a boon for landlords and property managers on the outskirts of the city.
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Mid-price rental property in short supply (19 Oct 2011)
Just over half of First National’s property managers believe a good balance exists between supply and demand, while 41% believe there is a shortage of rental properties.
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Birkenhead rents continue to rise (18 Oct 2011)
The average median rent for a one-bedroom property in Birkenhead has soared 42% in the year to September 2011, while the same size property in Epsom has seen rents fall 24% over the same period.
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Auctions increase in popularity - but have potential to hammer investors’ (17 Oct 2011)
Property investors are back in the auction rooms, according to Barfoot & Thompson auction manager Tim Carter.
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Sales up almost 20%, led by surge in auctions (12 Oct 2011)
The New Zealand real estate market is climbing out of the doldrums, with September written sales up 19.8% on the year earlier, according to Harcourts.
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Property values up with Auckland leading the charge (12 Oct 2011)
Property values in Auckland are above the market peak of late 2007 and are leading national values on a gradual rise, according to the latest QV residential property index.
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