The REINZ reaction
(13 Apr 2011)
The REINZ report signalled that house values picked up in March, but according to JPMorgan's Helen Kevans, "we suspect there is limited upside to house prices in the very near term."
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Fix mortgage rates now - Tower
(11 Apr 2011)
Inflation is the "Gorilla in the room" increasingly making its presence felt, and as interest rates rise, now is the time to fix your mortgage rate, according to Tower Investments CEO Sam Stubbs.
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$200,000 fine for ‘Why rent' promoter
(07 Apr 2011)
The man behind a property scheme that promised home ownership to vulnerable Kiwi's has been sentenced at the Auckland District Court of breaching the Fair Trading Act, fined $237,048 plus $42,764 in repatriation.
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Government prepared to bail out AMI
(07 Apr 2011)
The Government is prepared to pump up to $500 million of equity into AMI Insurance after it reportedly had $1 billion of capital and reinsurance cover wiped out by the two Canterbury earthquakes.
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Record rents for Auckland
(06 Apr 2011)
Rents in Auckland reached their highest recorded level in March, increasing by $32 on February to $434, according to the latest Barfoot & Thompson sales data.
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Cold water poured on overheating market claims
(04 Apr 2011)
Despite media coverage of increased competition among Auckland renters – and corresponding reports of rising rents – average rental inflation across the Auckland region was just 3% in February, according to Crockers Market Research.
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Housing consents hit two-year low
(30 Mar 2011)
The seasonally adjusted number of new houses authorised in February, excluding apartments, has fallen 7.8% from January, the lowest level for two years, according to Statistics New Zealand.
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Mortgage holders question banks on rate cuts
(23 Mar 2011)
Mortgage holders are questioning why their banks are making them wait between two and three-and-a-half weeks to pass on Reserve Bank governor Alan Bollard's cut in official interest rates to their floating home loan rates.
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Rents down, sales up in Auckland
(03 Mar 2011)
Auckland's average weekly rent fell by $14 in February from the all-time high of $416 in January, according to the latest Barfoot & Thompson housing market report.
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