An increase in market activity over the past month has seen median house prices pushed higher in most of the main areas throughout the country, according to the latest Real Estate Institute of New Zealand (REINZ) stats, released today. 09-04-2009 more >>
A competition organised by the University of Canterbury’s Sustainability Initiatives is creating better relationships between landlords and students. 08-04-2009 more >>
Cashed-up baby boomers take advantage of perceived bargains in the property market, Veda Advantage says. It reports that mortgage applications were up 38% in March, compared to the same month last year. It says these were the highest monthly total since November 2007. 07-04-2009 more >>
Residential property investors believe that falling interest rates are making residential property investment more attractive, according to the latest quarterly survey of investors run by Mike Pero Mortgages and Landlords.co.nz. 03-04-2009 more >>
UNIT TITLES BILL – At Select Committee
First introduced back in May 2008, the Unit Titles Bill completed its first Parliamentary stage on 5 March.
01-04-2009 more >>
Kiwibank has raised its 2, 3, 4 and 5 year mortgage rates this morning, bringing them into line with the rate hikes announced by the other bigger banks over the last week. 01-04-2009 more >>
Landlords are being warned to watch their vacant rental properties, as they are increasingly becoming used as pick-up and drop-off zones for drug makers. 31-03-2009 more >>
Good news for developers and investors is on its way. The Royal Commission on Auckland Governance intends to cut the red tape associated with the Resource Management Act. 30-03-2009 more >>
New Zealand home-building approvals rose for the first time in three months, driven by apartment consents as declining short-term mortgage rates help lure investors back into the property market. 30-03-2009 more >>
House prices have fallen below a fair price that investors should be willing to pay - the first time this has happened since late 2006 - says Westpac Bank. 24-03-2009 more >>
Meeting with Minister of Housing.
Assisting with revision of RTA Amendment Bill (no 2).
Second survey on property managers.
CHRANZ Aged Housing Workshop.
24-03-2009 more >>
Proposed changes to laws surrounding no asset procedures (NAPs), introduced to Parliament this week have been welcomed by property managers. But some say they don’t go far enough. 20-03-2009 more >>
The Ministry of Justice is conducting a review of Property Managers to consider if their services to property investors should be regulated in any way. The review has been instigated following changes to the real Estate Agents Act, which used to include regulations of Property Managers who were members of the Real Estate Institute. 16-03-2009 more >>
More than 196,000 bonds to the value of $161 million were refunded by the Department of Building and Housing last year. Getting a bond refund is a simple and speedy process, but irregularities in tenant details can result in frustrating delays.
16-03-2009 more >>
