New Zealand's total building work fell 6% in the three months through September, extending its decline for the seventh quarter amid a slump in new construction permits. 08-12-2009 more >>
The latest statistics from QV valuations show improvement in values for the second straight month, driven in part by the main centres. Find out what's happening in the main urban areas throughout the country. 07-12-2009 more >>
New Zealand property values continued to recover lost ground and stayed above their 2008 level for a second month in a row, as sellers remain skeptical about the time it takes to sell their house. 07-12-2009 more >>
Auckland house prices edged up to a 23-month high in November as new listings held above 1,600 and demand was underpinned by stronger migration. 03-12-2009 more >>
An Inland Revenue brochure issued on off-the-plan property sales contains potentially misleading advice, says the New Zealand Institute of Chartered Accountants (NZICA). 02-12-2009 more >>
Economist and fund manager Gareth Morgan, who is a member of the Tax Working Group, has proposed a radical tax restructure to the group's final public conference that would impose a Comprehensive Capital Tax (CCT) on all land, buildings, plant and equipment to raise $19 billion. 01-12-2009 more >>
TAX WORKING GROUP – Rental properties taxes
The government appointed Tax Working Group, comprising academics, regulators and other experts is due to release a set of far reaching tax reform recommendations at a public conference to be held in Wellington on 1 December. The Federation will be attending the meeting. 30-11-2009 more >>
The housing market is showing signs of stabilising after a sizeable recover (off lows) with volumes and days to sell stable for three months. Limited listings, however, are underpinning prices. Migration continues to rise but so, of course, is the unemploymnet rate. 30-11-2009 more >>
New Zealand home-building approvals jumped last month, extending their gains for a fourth month, ensuring a key element to the nation's economic recovery remains in place as interest rates remain low. 30-11-2009 more >>
As the government contemplates tax changes which would alter the tax rules for property investors, much of the commentary around perceived "tax benefits" has become misleading. 30-11-2009 more >>
October has been a timely reminder that "it's not all plain sailing for the real estate market" and house prices are probably going to ease, according to ANZ National Bank's property gauges. 27-11-2009 more >>
Inventor ot the game, Frank Newman, is delighted with the Judging Panel's decision. The panel consisted of students and teachers from a cross section of New Zealand schools and regions. 26-11-2009 more >>
Andrew King was quoted recently in the media about the increase in numbers of vacant rental properties in some North Island centres. In addition, the overall national total has increased but numbers in some centres, such as Hawke's Bay, Taranaki and Canterbury have reduced. slightly. 26-11-2009 more >>
Mortgagee sales, which reached a record in September, will probably continue through 2010 as high levels of household debt and rising unemployment make it harder for kiwis to meet interest payments. 24-11-2009 more >>
Regional towns across New Zealand are feeling the squeeze as mortgagee sales hit another historic high in September, according to the latest figures from Terralink International. 23-11-2009 more >>
Funding for the government's insulation scheme is changing to become more flexible, in order to bring funding forward and meet increasing demand. 23-11-2009 more >>
The Commerce Commission is chasing bigger fish in Auckland after it successfully prosecuted CMA Property Investments over its role in a property scheme in Invercargill which mislead people into believing they were buying their own homes. 19-11-2009 more >>
The housing market continued to gain in momentum, adding to the positive numbers seen in the previous two months, according to the latest Mike Pero Mortgages/Infometrics Property Cycle Indicator. 18-11-2009 more >>
Property finders, the people who match properties to potential investors, may cause the newly-active Real Estate Agents Authority (REAA) a few headaches in the coming months, with some confusion over whether or not they will need to be licensed under the new regime. 17-11-2009 more >>
Harcourts latest figures show the good volume of written sales that occurred across the country in October was not matched by the traditional upsurge in new listings normally seen in spring. 16-11-2009 more >>
Leaky home owners are being warned to watch out for cowboys looking to make a quick buck from over-priced repair work, says the NZ Building Industry Federation. 13-11-2009 more >>