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Federation News

Optimism and house prices on the wane (07 May 2010)
Optimism in the housing market is waning and the direction for house prices is downward, according to ASB's latest Housing Confidence Survey.
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Procrastinate while one has the chance (06 May 2010)
If monetary policy tightening starts in June as BNZ still expects, then for those planning to have a mortgage exposure for three years there is a forecast benefit near 0.5% for fixing three years rather than floating, says BNZ economist Tony Alexander.
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Auckland house sales dip (05 May 2010)
Auckland house sales fell last month, coming off a stronger track in March, suggesting property investors are becoming tentative ahead of the 2010 budget, which will curb tax breaks.
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Conditions ripe for rent rises (04 May 2010)
Conditions look set for rents to rise over the coming year, despite overall downward pressure on house prices, according to ANZ’s Property Gauges.
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The Crombie Lockwood focus (03 May 2010)
This focus is to protect the one thing that matters most to you - your property and it all provides to you, your family and your future. They specialise in insurance advice.
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Investors not out of the woods yet (03 May 2010)
New Zealand mortgagee sales held near their 2009 highs and may rise, showing the property market's sluggish recovery, according to Terralink.
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Building consents fall in March (30 Apr 2010)
New Zealand residential building consents fell for the third month in four in March, underlining the tepid pace of recovery in a housing market that is facing tighter tax rules and less activity from developers.
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Market continues trucking down (29 Apr 2010)
The property market continues to deteriorate, according to the Mike Pero Mortgages/Infometrics Property Cycle Indicator (PCI).
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Agent found guilty over misleading commission costs (28 Apr 2010)
An Auckland real estate agent has been censured under the Real Estate Agents Act after he mislead a client over his commission fee.
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Property round-up (26 Apr 2010)
Auckland sales prices have jumped, which research company Crockers finds unusual considering the lack of sales numbers, plus IRD is looking at what it constitutes as a mortgagee sale in relation to collecting GST.
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IRD shifts approach on GST applied to land (23 Apr 2010)
Inland Revenue has signalled a further shift in its approach on GST when applied to land sales.
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Rents set to rise as demand increases (22 Apr 2010)
Rent levels look set to rise, as pressure builds due to declining properties available and increasing demand.
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Website stats point to rise in renters (17 Apr 2010)
Rents may be flat at present but not for much longer, if the latest figures from Trade Me Property are anything to go by.
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REINZ residential highlights – March 2010 (16 Apr 2010)
Sales have lifted throughout the country, but the market remains weighted in favour of buyers. Find out what's happening in the main regions throughout the country.
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House sales still in soft patch (16 Apr 2010)
House sales are still in a "soft patch" as the usual strong month of March edged up from February, according to the latest Real Estate Institute of New Zealand (REINZ) figures.
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Think about fixing at a two-year rate soon (16 Apr 2010)
Borrowers could think opportunistically about hopping into, at the longest, a two-year rate in the next two or three months just ahead of the Reserve Bank tightening monetary policy, says BNZ economist Tony Alexander.
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Complaints to REAA pouring in (14 Apr 2010)
The new Real Estate Agents Authority (REAA) has already received over 320 complaints in its first five months of operation.
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Income tax cuts admirable, but let's look again at winners and losers (12 Apr 2010)
If income tax rates are to fall, then someone has to pay for it. We will all contribute through higher GST, which is fair. And many think it is fair for tenants and rental property owners to make up the shortfall. The main reasons suggested are that property investors have a tax advantage and that they take money out of the tax system. It is understandable why people may feel that increasing rental property tax is reasonable, but have we been told all the facts and the ramifications of these tax changes?
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Property round-up (12 Apr 2010)
Take-up of the government's insulation scheme has been hot throughout the summer months, HSBC has substantially dropped its home loan rates and now has the lowest rates on offer, plus a national real estate company has seen sales rise 30% over the past month.
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QV regional snapshot - March 2010 (12 Apr 2010)
The residential property market has been changing dramatically over the past few months. Find out what has been happening in the main urban areas in March.
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Property market to stay flat while uncertainties remain (12 Apr 2010)
New Zealand property values will probably stay flat until all of the uncertainties weighing on home owners are cleared up, according to QV Valuations.
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North Shore suburbs booming (12 Apr 2010)
Investors in North Shore property over the last year will be pleased to see the QV statistics for the past 12 months which reveal that house values jumped by around 20%.
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Auckland central: Money in metropolis (08 Apr 2010)
After a tumultuous few years, the Auckland central business district apartment market is finally regaining lost ground. Vicki Holder explores the concrete jungle for investment potential
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Auckland house sales pick up in March (07 Apr 2010)
House sales in Auckland picked up last month after early signs that the property market was running out of steam, according to Barfoot & Thompson.
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Two Gold medals at Royal Easter Show for Conference sponsor Hunter's Wines (06 Apr 2010)
Hunter's Wines Ltd has been award two gold medals at the 2010 Royal Easter Show. The medals were awarded to Hunter's Marlborough Pinot Noir 2008 and Hunter's MiruMiru Non Vintage.
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