House prices will fall gently for the next two years before levelling out, but rents will rise because property investment is now returning less because of the October personal tax cuts, says Westpac in its latest housing market update. 02-07-2010 more >>
Economic forecasts for robust housing market activity to appear in tandem with rising interest rates over the next two years are “off with the fairies,†according to Rodney Dickens. 30-06-2010 more >>
New Zealand's commercial property sector stayed in the doldrums last month with permits for new construction down to a five-month low, while consents for new homes, excluding apartments, slid to their weakest level since January. 29-06-2010 more >>
New residential housing construction has already picked up over the first half of 2010 and is predicted to lift by 23% in 2011 as New Zealand's housing shortage continues, according to Westpac. 25-06-2010 more >>
All of the major banks have now lifted their short term mortgage rates with Westpac and BNZ the last two to make changes following the Official Cash Rate (OCR) hike of 25 basis points to 2.75% earlier this month. 23-06-2010 more >>
If ASB had not kicked off mortgage rate increases yesterday, then the Reserve Bank would have started thinking in terms of boosting the Official Cash Rate (OCR) 0.5% in July simply to force the response it wants, says BNZ economist Tony Alexander. 18-06-2010 more >>
The Auckland residential property market has come into line with the rest of the country after being ahead in terms of momentum, according to the latest Mike Pero Mortgages-Infometrics Property Cycle Indicator (PCI). 18-06-2010 more >>
Residential home buyers have a slight edge over sellers with a solid number of listings and longer selling periods eroding vendors' ability to pick and choose the best bid. 15-06-2010 more >>
BDO tax partner Alan Scott says property investors need to look at some of the overlooked parts of the Budget and start preparing for change now. 14-06-2010 more >>
The Real Estate Institute is saying that the increase in the official cash rate, which will lead to higher mortgage rates, is good for the property market. 10-06-2010 more >>
Values throughout the main urban areas have flattened or declined over the three months to May, according to QV's latest statistics. Find out what's happening in the story below. 10-06-2010 more >>
The residential property market is a mixed bag in terms of activity but looks set to "potter along" for the next while, according to QV. 10-06-2010 more >>
An increasing volume of residential building in the March quarter has offset a continuing fall in commercial construction, to post an overall lift in all building work of 0.7% across its three month measurement period. 08-06-2010 more >>
The biggest single receivership sale of residential investment property ever seen in New Zealand is placing seven large-scale multi-tenanted units on the market for sale – encompassing some 153 rental units. 06-06-2010 more >>
Auckland house sales and prices rose last month after a soft April, though the property market still faces headwinds with interest rates likely to rise and more people looking to head across the Tasman. 03-06-2010 more >>
Property prices are still under pressure as households keep debt repayments as a top priority for the year ahead, according to the ANZ New Zealand property gauges. 02-06-2010 more >>
Just like a leaky home, a house that has been used to manufacture methamphetamine (P) can cost tens of thousands of dollars to clean or repair before it is safe to be inhabited again. 01-06-2010 more >>
