Federation News

Expert advice: wait for housing crisis sales (13 Mar 2008)
Don't buy yet, don't sell right now and polish the nugget you're sitting on .
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Sections and apartments becoming more vulnerable (29 Feb 2008)
The feature article in the February 15 ANZ Property Focus says that the rising supply of sections and apartments on the market relative to total stock of houses is one sign of unease.
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HOUSING AFFORDABILITY – Oral testimony (29 Feb 2008)
Parliament resumed for the year on 12 February. The Federation (on 21st February) was invited by the Commerce Select committee to present its oral testimony to the inquiry into housing affordability.
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Rates still on the rise (29 Feb 2008)
Mortgage rates are continuing to rise without any prompting from the Reserve Bank.
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Probe into property hard sell (26 Feb 2008)
The Commerce Commission is investigating several alleged breaches of the Fair Trading Act by Blue Chip which may have broken a string of laws.
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Blue Chip landlords advised to terminate leases (19 Feb 2008)
Urgent notices are being issued to investors who bought properties from real estate businesses associated with Blue Chip telling them to terminate their lease deals
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Volatility abounds (15 Feb 2008)
Mortgage rates remain volatile as lenders grapple with difficult conditions in financial markets.
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A new kind of investment (11 Feb 2008)
First the LivingSpace brand was a new kind of accommodation, now it is behind a new type of investment, writes Liz McDonald of The Press
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Bank five-year rates fall (25 Jan 2008)
Mortgage rates are being pushed and pulled in all directions as lenders grapple with conflicting pressures in their businesses.
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No mortgage relief as Bollard holds rate (24 Jan 2008)
Reserve Bank governor Alan Bollard today signalled no relief for mortagage holders in the near future as he held interest rates steady at 8.25 percent
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Dramatic changes to home loan rates (18 Jan 2008)
Up until recently there have been no changes to rates since late last year, however in the past two weeks there have been wholesale changes across the board, and big ones at that.
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NZ building consents take a hammering (15 Jan 2008)
Building consent figures have dropped for the 5th month running, driven by falling apartment developments.
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Inquiry into Housing Affordability (10 Jan 2008)
The Federation has been invited by the Commerce Select Committee to appear before it and present oral testimony on its written submission on 21 February 2008.
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Upward pressure on rents (09 Jan 2008)
The NZ Property Investor reports Westpac economists are predicting that rents are set to rise 6% per annum driven mainly by three economic fundamentals.
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Auckland housing gains defy warnings (08 Jan 2008)
Anne Gibson reports that Auckland house owners got much richer last year, despite a levelling off in the super-heated property market.
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Own a fraction of your dream bach (06 Jan 2008)
Just about now, thousands of people up and down the country will be day dreaming of buying a bach.
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Looking ahead - areas of importance (02 Jan 2008)
Thomas Chin looks at the areas of critical importance in terms of how the regulatory and political environment will unfold in the next 12 months
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Slow progress for mortgage auction site (02 Jan 2008)
A website allowing borrowers to put their mortgage up for auction has been making slow progress since it launched.
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Residential values slow enough to stay stable (30 Dec 2007)
Residential property values have slowed just gradually enough this year to avoid eroding values the Real Estate Institute of New Zealand (REINZ) says.
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Can't afford to buy in Ak? Look south (24 Dec 2007)
One of NZ's property hot spots is one of its coldest, with one expert predicting big things for Invercargill next year.
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President of NZPIF to address Commerce Select Commiitte in Feb 2008 (21 Dec 2007)
Legislation affecting property investors has either been introduced to the house this month or will be early next year.
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Rates higher for longer (14 Dec 2007)
Given that the Reserve Bank held the Official Cash Rate (OCR) at 8.25% following its final rate review of the year last week, it is not surprising that there have been few movements in home loan rates since then.
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Present is only the past repeating itself (12 Dec 2007)
Cliff Seque, President of the Otago Property Investors' Association, looks at the trends in the property market.
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QV statistics confirm slowing property market (11 Dec 2007)
QV's October statistics released today report growth in national property values of 12.7% over the past year.
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3000 first home buyers take up Welcome Home Loans (10 Dec 2007)
The government's major initiative to help first-time buyers, Welcome Home Loans, into their own home has reached 3000 loans.
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