Manawatu Property Investors' Association

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Manawatu News

Buying a house 'more than twice as dear as renting'.

Buying a house is now almost two to two and a half times as expensive as renting, according to figures to be presented at a seminar today.
22-07-2008 more >>

Get rent wise

Becoming a landlord in a slow property market can be daunting particularly if you don't know the first thing about tenancy law.
19-07-2008 more >>

Rollercoaster rates

Borrowers face renewed uncertainty over the future direction of home loan rates following events of recent days in New Zealand and overseas. The general direction of rates is still downward but the descent looks set to include some hairpin bends.
18-07-2008 more >>

President's July Report

Code of Ethics launched. New Landlord of the Year Award. Comments to politicians on RTA Amendment Bill. Online transaction facility organised. High profile speaker’s tour of 7 Associations.
17-07-2008 more >>

Kiwis told to be wary of Aussies bearing gifts

High profile Australian property investor and author Michael Yardney warns New Zealanders they could be ripped off by Australian property marketers
16-07-2008 more >>

Veda Advantage releases six-month economic review as times get tougher for Kiwis

New Zealand's largest credit information provider today released its first biennial snapshot of the NZ economy, based upon comprehensive information collated from its Credit Bureau.
16-07-2008 more >>

Property keeps falling - June prices down 2 percent.

The winter housing slump is showing no sign of abating, with median prices falling by 2.15 per cent in June - from $345,000 in May to $340,000 according to official numbers released today by the Real Estate Institute.
11-07-2008 more >>

Make it short

Finally it seems there is some good news for borrowers at the moment. After a long period of rising home loan rates there are clear signs that things area turning around.
11-07-2008 more >>

Investors seek farm exposure

Growing investor demand for exposure to the booming dairy industry is expected to stimulate New Zealand Exchange (NZX) listings, with six diary company floats likely within the next three years.
10-07-2008 more >>

Houses rented out as sales stall

Activity in the housing rental market market is surging as vendors back off on selling during the housing slump
04-07-2008 more >>

Surprise! Funding costs rise again

Just as we had got accustomed to the idea that the worst might be over for mortgage rates, the market has sprung another surprise.
04-07-2008 more >>

RESIDENTIAL TENANCIES AMENDMENT BILL - Introduced

The RTA Bill is on Parliament’s agenda for its first reading. The Bill is to be referred to the Social Service Select Committee for consideration.
30-06-2008 more >>

NZPIF President's June Report

RTA Amendments tabled in Parliament. Annual Communications Meeting held. New National Sponsor - Generation Developments. 08/09 Agreement with DBH - New Landlord Seminars
27-06-2008 more >>

Light at the end of the tunnel?

Sections and apartments are often talked about as the most vulnerable part of the property market. In the June ANZ Property Focus, tables have been updated showing which regions have the most exposure to sections and apartments, relative to other types of sales
27-06-2008 more >>

Slow trickle

Rate changes have slowed to a trickle over the past week as the mortgage market settled following the latest cut in funding costs.
27-06-2008 more >>

Drop-off in rental prices a surprise, says market expert.

The median rent has slipped $5 a week to $295, according to a quarterly report on the residential rental market.
24-06-2008 more >>

Good home loan news mixed with caution

More of the same is probably the best way to sum up developments in the home loan market over the past week.
20-06-2008 more >>

The boom has turned to bust

The property downturn is not a blip and Auckland's top suburbs are suffering, with the desirable suburbs of Kohimarama, Greenlane, Westmere, Point Chevalier and Epsom declining more than any other.
15-06-2008 more >>

Building wealth: New view of a familiar slump

There is not too much that is good about getting older, says Martin Hawes. The only silver lining he can find on an age cloud is you have experience - you are able to look at things with experience and recognize that you have seen similar situations before.
15-06-2008 more >>

Mexican stand off in housing market

A Mexican stand-off between house buyers and sellers continues, according to some interpretations of the latest real estate prices.
13-06-2008 more >>

Flurry of rates

After months of little movement in home loan rates there has recently been a flurry of conflicting movements, making it a difficult time for people wanting to refinance or take out a new loan.
06-06-2008 more >>

House prices may fall 13 per cent - Bollard

While mortgage interest rates may be coming down soon, house prices are also heading south, says Reserve Bank Governor Alan Bollard.
05-06-2008 more >>

Global house prices suffer severe slump

From Dublin to Tokyo, house prices have slumped in the past year as the credit crunch has restricted lending and stunted growth in the biggest economies, new figures have shown.
03-06-2008 more >>

Softer tone expected from Reserve Bank

Dene McKenzie reports that the Reserve Bank is expected to adopt a softer tone in its monetary policy statement on Thursday in recognition the economic outlook has deteriorated sharply.
03-06-2008 more >>

Greater protection for tenants under new RTA bill

The Residential Tenancies Act (RTA) amendment bill introduced to Parliament yesterday will give greater protection to vulnerable tenants and help both landlords and tenants to understand and enforce their respective rights.
30-05-2008 more >>


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