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Federation News

March housing market strength no flash in the pan - BNZ (15 Apr 2011)
The recent recovery in the housing market highlighted by the REINZ March data is "not a flash in the pan that will fade," and may mark the start of housing market recovery, according to BNZ economist Tony Alexander.
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For landlords a feast in Auckland, famine elsewhere (14 Apr 2011)
Trade Me property figures have revealed that while Auckland landlords are spoilt for tenant choice, the picture is less rosy across the rest of the country.
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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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REINZ regional commentaries - March 2011 (13 Apr 2011)
The REINZ March 2011 regional commentaries
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Auckland house sales up 53.2% on month - REINZ (13 Apr 2011)
Auckland recorded more than 50% more house sales in March than February, and 11.4% more than in March 2010, according to the latest Real Estate Institute of New Zealand (REINZ) figures.
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The full Nelson - only one location keeps grip on property values - QV (12 Apr 2011)
Property values remain relatively stable at a national level, though variability continues to be seen between areas and only Nelson has values at same level as 2010, according to the latest QV report for March.
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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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New listings up in March, though still down on year earlier (01 Apr 2011)
New listing rose 9% in March with 12,247 properties brought to the market, however volumes are still 15% below the March 2010 level, according to the Realestate.co.nz March report.
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Government launches inquiry into housing affordability (31 Mar 2011)
An inquiry into housing affordability will be among the first tasks for the Government's Productivity Commission, Finance Minister Bill English announced today.
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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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Christchurch offers potential for property investment boom - maybe (29 Mar 2011)
Christchurch property investors could see boom times ahead – if the Government follows up on comments of a 10,000 home buy-out for residents and sells on the properties, according to Bayleys.
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Signs of improvement squashed by disasters home and away (23 Mar 2011)
Signs of improving housing market activity have been thoroughly quashed by uncertainty surrounding a local natural disaster and now a foreign one, according to the latest ANZ Property Focus.
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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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House prices, sales volumes and time to sell all up in February (14 Mar 2011)
February proved to be a mixed month for the housing market with volumes and the average median price up, but the average time to sell also increasing, according to the latest REINZ report.
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REINZ regional commentaries - February 2011 (14 Mar 2011)
The REINZ February 2011 regional commentaries.
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Floating home loan rates tumble (10 Mar 2011)
Major banks have lowered their floating rates this morning following the OCR cut. We explain who has made what changes here.
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Rent shock predicted as shortage gets worse (09 Mar 2011)
Auckland faces a rent shock as the Christchurch earthquake diaspora, rising insurance premiums and the loss of a landlords' tax break all affect demand on already scarce stock.
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Rent rise hopes boosted by consents figures (09 Mar 2011)
Hopes rents are set to increase have been given a boost by the latest figures from Statistics New Zealand (SNZ) on building consents.
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Only Auckland City values up on year earlier - QV (08 Mar 2011)
Auckland City is the only place in the country to see property values above this time last year, according to the QV indices for February.
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Reports of high demand not translating to higher Auckland rents (07 Mar 2011)
Despite press reports of skyrocketing rental demand in Auckland, rental prices appear to be holding steady according to the January Crockers Market Research.
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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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