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Federation News

Investor activity muted nationwide, large variations across regions (08 Sep 2011)
Nationwide real estate agents have reported little evidence investors are looking to buy in the current market – though investors are buying in some locations.
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Residential building activity near to 20-year low (08 Sep 2011)
Residential building activity has fallen to its lowest level for 18 years, down 12% in the June quarter and 24% over the year.
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Some valuers are scaremongering about panel system: PropertyIQ (07 Sep 2011)
Property IQ says some valuers are scaremongering in suggesting the valuation clearing house system it is trialling with ANZ Bank will lead to a lowering of standards and inferior valuations.
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New listings rise may herald a strong Spring housing market (02 Sep 2011)
The housing market may be in for a strong Spring season if new listings are any guide.
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Bank looks to eliminate fraudulent valuations (01 Sep 2011)
ANZ Bank and PropertyIQ have been trialing a valuation clearing house system aimed at eliminating fraudulent valuations.
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EQC earthquake liability increased by $4 billion (30 Aug 2011)
The Earthquake Commission (EQC) has increased its estimated Canterbury earthquakes liability by around $4 billion to $7.1 billion, Finance Minister Bill English has announced.
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Limited house price growth the new normal (24 Aug 2011)
Median rent growth has eased from its two-and-a-half year high last month and the housing market looks set to “continue muddling along” as opposing forces interact, according to ANZ.
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Capital gains tax would distort market further, says Reserve Bank (24 Aug 2011)
The Reserve Bank does not favour the kind of capital gains tax the Labour Party is proposing, saying it would only distort the property market further.
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King counters taxing solution to misdiagnosed problem (23 Aug 2011)
A “huge misconception” exists that investment property receives favourable tax treatment, and additional taxes could “spark an investor exodus,” according to NZ Property Investors Federation president (NZPIF) Andrew King.
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Price expectations up, confidence down (19 Aug 2011)
Despite an increasing number of people expecting house prices to rise, overall confidence in the housing market fell during the July quarter, according to the latest ASB Housing Confidence Survey.
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