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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REINZ Regional Commentaries – October 2011 (11 Nov 2011)
REINZ rounds up the sales numbers, open home volumes, prices and days to sell data from across the country.
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House prices up $9,000 in October (11 Nov 2011)
The national median house price rose by $9,000 in October and sales were up almost 30% on the year earlier, according to the latest Real Estate Institute of New Zealand (REINZ) report.
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Investors still active in capital, Hutt Valley, muted elsewhere (10 Nov 2011)
Wellington and the Hutt Valley have again topped the BNZ-REINZ Residential Market Survey for investor activity, with 37.9% of real estate agents reporting investors active in the market.
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Investor confidence in rental property at decade low (09 Nov 2011)
The popularity of rental property among investors has hit an almost 10-year low, according to the latest ASB Investor Confidence survey.
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QV October 2011 - the regions (09 Nov 2011)
Property prices up nationwide, parts of Auckland above 2007 peak
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Property prices up nationwide, parts of Auckland above 2007 peak (09 Nov 2011)
National property values continued to gradually rise across the country and are above 20007 peak levels in parts of Auckland, according to the QV residential property index for October.
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Auckland sales down, listings and prices up (04 Nov 2011)
The arrival of spring has seen a modest increase in interest in the Auckland housing market with more homes listed, the average price edging up though the number of sales fell slightly.
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October sales rise but enquiries hit by RWC, holidays and Greek tragedy (03 Nov 2011)
Property sales rose in October despite the Rugby World Cup, school holidays and confidence issues negatively affecting buyer enquiry levels, according to First National’s monthly residential property survey.
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Show me the (mentoring) money (02 Nov 2011)
Rent isn’t the only money to be made from rental property, as the growth in investment property seminars and mentoring shows, and for Property Investors Federation president Andrew King, it’s a concern.
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Asking prices hit new high in October (01 Nov 2011)
Property asking prices hit their highest level since 2007 in October at $434,161, according to the latest Realestate.co.nz NZ Property Report.
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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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