City Bay a riser while Devonport sinks (18 Aug 2011)
The average median rent for a two-bedroom property in City Bays rose 13% in the year to July 2011, while the same size property in Devonport saw an 8% fall.
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More Christchurch properties red zoned (18 Aug 2011)
The Government has today offered to buy an additional 940 earthquake affected properties in Kaiapoi and Pines Beach north of Christchurch.
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The holiday’s over for holiday home tax treatment (18 Aug 2011)
IRD moves to reform the tax treatment of holiday homes will remove a “perverse” tax incentive for people to buy second, holiday homes.
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Rental property seen as second-best investment type (16 Aug 2011)
The popularity of rental property as an investment took a dip in Auckland, bucking the nationwide trend, though it still remains Kiwi’s second favourite type of investment, according to the latest ASB Investor Confidence Survey.
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Rent and the regions (15 Aug 2011)
Infometrics New Zealand Housing Outlook report examines rental levels and trends across various regions of the country over the year to June 2011.
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Tax changes prompt some investment property sales, report claims (15 Aug 2011)
Government tax changes have hit landlords’ future cash flows and left investors requiring a higher yield from their properties, according to Infometrics New Zealand Housing Outlook report.
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$30,000 fine for property finder “sets a clear precedent” (12 Aug 2011)
Property finder Dorien Forster has been fined $30,000 for acting without a license in a case Real Estate Agents Authority (REAA) chief Keith Manch said “sets a clear precedent on the role of property finders.”
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REINZ July 2011 Report - the regions (11 Aug 2011)
The REINZ July 2011 regional commentaries.
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Property sales and prices down in July (11 Aug 2011)
There were 301 fewer property sales in July compared to June, and the national median house price fell by $15,000, according to the latest Real Estate Institute of New Zealand report.
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Auckland July rents down on June, still above year earlier (10 Aug 2011)
The average weekly rent for Auckland properties in July was $417, and for the second consecutive month moved downwards, according to Barfoot & Thompson.
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