New Zealand property values rose in June as a general shortage of properties for sale saw vendors boost their prices in what's beginning to look like a sellers' market. 05-07-2009 more >>
A review has found that additional regulation of property managers is not justified, says Associate Minister of Justice, Nathan Guy. 03-07-2009 more >>
Auckland home sales extended their gains last month, suggesting confidence in the sector is beginning to stabilise, according to real estate firm Barfoot & Thompson (B&T). 03-07-2009 more >>
Far reaching changes to associated persons tax rules have had some of the sharp edges removed from them - but the thrust of the changes remain. 02-07-2009 more >>
HOME OWNERSHIP – Govt policy
During the month the Minister of Housing Phil Heatley announced that State house tenants would have the option to buy the house they are living in from Housing New Zealand Corporation from mid September. This is a fulfilment of the National Government’s election promise. 30-06-2009 more >>
New Zealand home building approvals rose for a second month, spurred by consents for apartments, stoking optimism the central bank's policy of record-low interest rates and a pick-up in net migration is reviving demand in the property market. 30-06-2009 more >>
Buy-to-let landlords who invested in "cheap" areas are at the sharp end of a housing slump which has seen a record number of mortgagee sales. 30-06-2009 more >>
The Unit Titles Bill currently before Parliament's Social Services committee will make setting up unit title developments easier and more flexible. 30-06-2009 more >>
The housing market will continue to prosper after net migration increased to its strongest rate in nearly six years last month, as migrants stoke demand for new property. 23-06-2009 more >>
The Nelson suburb of Stoke survived the housing slump in the strongest shape - while Central Auckland copped the heaviest hammering. 21-06-2009 more >>
All main trading banks have agreed to join the government's insulation and heating scheme, and have agreed to waive fees for top-up loans home owners get as part of insulation retrofits. 19-06-2009 more >>
Delayed settlements can be a risky strategy for property investors, with no magic bullet clause purchasers can insert into the agreement that will protect them. 18-06-2009 more >>
A recovery in property prices will be delayed by rising deposit rates as they put pressure on long-term lending costs, according to the ANZ National Bank. 18-06-2009 more >>
ANZ National Bank’s eight gauges of the housing market found property was underpinned by strong net migration, but the outlook was still hazy with the correction “yet to fully pan out.†16-06-2009 more >>
The Reserve Bank has revised downward a prediction median house prices will fall up to 20 per cent in the recession, though sales volumes appear to be falling. 12-06-2009 more >>
Reserve Bank of New Zealand Governor Alan Bollard held the official cash rate at 2.5%, pointing to signs of stabilisation in global economic activity and resilience in the domestic economy. 11-06-2009 more >>
May figures from the Real Estate Institute of New Zealand (REINZ) show prices have fallen slightly across the country, but volumes remain steady. Find out how your region is doing. 11-06-2009 more >>
New Zealand residential property prices slipped in May, after three straight monthly gains, while the volume of sales held up in a market suffering from "an acute shortage of houses," according to the Real Estate Institute (REINZ). 11-06-2009 more >>
Tenancy groups are concerned over the proposed changes to the Residential Tenancies Amendment (RTA) Bill, saying they should encourage good practice rather than trying to bring fines and charges against tenants. 09-06-2009 more >>
New Zealand's total building work fell by a smaller-than-expected 0.7% in the first quarter, though the decline is set to accelerate in the latest three months following a slump in construction permits. 09-06-2009 more >>
The property market is showing signs of stabilising, but an industry expert says the latest QV statistics are merely a "blip" and the market will continue to slide. 08-06-2009 more >>
New Zealand property values continued to stabilise in May with cheaper mortgage rates making housing more affordable, after a rough year in 2008. 08-06-2009 more >>
The latest figures from Quotable Value reflect the pick-up in the housing market, with property values improving across the country. 08-06-2009 more >>
