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Federation News

iPhone rental app proves popular home and away (29 Sep 2011)
In the space of one month 27,000 people have downloaded Realestate.co.nz’s upgraded iPhone app which allows users to search for rental property.
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DIY attitude and cost concerns prompt landlords’ to reject property managers (27 Sep 2011)
A do-it-yourself attitude is the main reason landlords opt not to use a property manager, followed by concerns over expense.
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Quake repair work prompts surge in demand for short term tenancies (23 Sep 2011)
Christchurch landlords’ willing to modify their tenancy expectations could seize opportunities presented by the earthquake repair work. That's the view of Department of Building and Housing service delivery deputy chief executive Maria Robertson.
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Central Otago Lakes and Auckland most expensive for property (23 Sep 2011)
Central Otago Lakes and Auckland remain the most expensive places in New Zealand to buy property, though nationwide home affordability improved slightly over the last quarter.
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Calls for earthquake strengthening costs to be depreciable (16 Sep 2011)
A Dunedin property investor is lobbying the Government to change its tax laws for earthquake strengthening to make the work depreciable.
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Floating mortgage rates unlikely to rise this year as OCR remains on hold (15 Sep 2011)
Floating mortgage rates are unlikely to rise this year after Reserve Bank governor Alan Bollard took his cue from deteriorating sentiment about the global economy and kept interest rates on hold, as expected.
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QV August 2011 – the regions (13 Sep 2011)
A lack of quality listings is helping push values up in Auckland, while Wellington remains in a “holding pattern” according to the QV Index for August.
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Parts of Auckland see property values above 2007 peak (13 Sep 2011)
Property values in parts of Auckland are above the market peak of 2007, while Wellington values languish 7.7% below.
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Sir Bob Jones expands Auckland office portfolio (12 Sep 2011)
High profile commercial property investor Sir Robert Jones has expanded his Auckland office portfolio with the purchase of a six story office and retail block in Takapuna.
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Bollard likely to keep interest rates on hold this week (12 Sep 2011)
Continuing turmoil in global financial markets is likely to stay Reserve Bank governor Alan Bollard's hand on Thursday but the big question is how long will it keep him on hold.
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