Marlborough Property Investors' Association

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marlborough@nzpif.org.nz

News & Updates

Recent updates

Archive: 2010

Homestar launch prompts cost concerns

Property investors have given a lukewarm welcome to the launch of the Homestar property ratings scheme, citing costs and the possibility of compulsory accreditation as problematic.
10-11-2010 more >>

Property loses top place to term deposits

Falling investor confidence has prompted a flight towards the safety of term deposits at the expense of property investment, according to the latest ASB Investor Confidence Survey.
09-11-2010 more >>

Property values continue slide

Property values continue to gradually decline and are now 5.5% below the market peak of late 2007, according to the latest QV residential property report. However the news is not all bad.
08-11-2010 more >>

Auckland house sales fall to 20-month low

Monthly home sales in New Zealand's biggest city have fallen to their lowest level in 20 months as the lingering effects of the stalled economic recovery continue to weigh on households.
03-11-2010 more >>

Survey reveals property investor caution

Property investors are eager to reduce debt and increase savings, mirroring the financial changes many New Zealanders are making, according to the latest ANZ Property Investment Survey.
02-11-2010 more >>

November '10 Issue

NZ Property Investor presents its annual health check of the residential investment market and finds out what investors are doing and how they have changed their approach in the past 12 months.
01-11-2010 more >>

Wanted: Four bedroom properties

There is a shortage of four-bedroom rental properties across the country, demand for all types of rental accommodation in Auckland and a small overall increase in rents, according to First National’s latest quarterly residential property management survey.
01-11-2010 more >>

Housing market remains weak

The housing market remains weak, with sales and average selling prices falling further in September according to the latest ANZ Property Focus, which described a housing market “lost at sea and struggling to keep its head above water.”
01-11-2010 more >>

Top landlord named

Nancy Caiger of the Waikato Property Investors Association was named Landlord of the Year.
30-10-2010 more >>

Housing consents weakness intensifies

The residential property sector remained soft in September, measured by building consents, with the effects of the Canterbury earthquake adding to the woes of the struggling residential construction sector.
29-10-2010 more >>

Timing of OCR increases under discussion

The decision to leave the official cash rate at 3% today came as no surprise. The interesting part of the statement from Reserve Bank governor Alan Bollard was his comments around monetary policy tightening, in other words, when will the OCR and home loan rates start rising.
28-10-2010 more >>

Immigration increase good for house prices

A rise in immigration numbers in September is seen as a good sign for the housing market.
22-10-2010 more >>

Rent increases will keep us in the game: King

Many landlords are facing the dilemma of whether or not to increase rents. An industry expert says now is the time to raise them.
21-10-2010 more >>

Property investors got off lightly: Heatley

Housing minister Phil Heatley told property investors they got off lightly in this year’s Budget.
20-10-2010 more >>

ComCom to tackle dodgy bids in construction sector

The Commerce Commission is to launch an education campaign to target anti-competitive practices construction sector, after research found non-residential builders in Auckland, Christchurch and Wellington engaging in "cover pricing".
19-10-2010 more >>

Property investors learn new LAQC rules

Changing to a look-through company is one of the alternatives for investors under new proposed tax rules.
17-10-2010 more >>

Pick-up in residential property market expected next year

Fletcher Building expects the residential property market to pick-up next year when rebuilding begins in Canterbury and the government's response to ‘leaky homes' comes into effect.
15-10-2010 more >>

Economists give their views on house prices

REINZ released its latest data on the housing market today. Here we summarise what three economists think is happening in the housing market.
14-10-2010 more >>

Avoid tenant issues by knowing the law: DBH

Property investors are being encouraged to get up-to-speed with changes to the Residential Tenancies Act if they haven't already.
14-10-2010 more >>

REINZ residential highlights - September 2010

House sales in Canterbury/Westland were dramatically affected by the September earthquake. Find out how other regions fared in September as well.
14-10-2010 more >>

House sales ease up slightly

The residential housing market remained relatively steady in September, although sales showed a slight improvement from the previous month, according to the Real Estate Institute (REINZ).
14-10-2010 more >>

Clarifying changes to qualifying company rules

Withers Tsang property tax specialist Mark Withers says Monday's release from Revenue Minister Peter Dunne was ambiguous and confusing, as it appeared the government was planning to ring fence losses within qualifying companies.
13-10-2010 more >>

Investors need to review company structures

Changes to qualifying company regimes are definitely on their way - despite details still pending - which means investors need to thoroughly review their structures.
12-10-2010 more >>

LAQC changes to be announced

The Government will be introducing new rules preventing loss attributing qualifying companies (LAQCs) from passing losses on to their shareholders said Minister of Revenue, Peter Dunne today.
11-10-2010 more >>

Mortgagee sales up again

The latest mortgagee sales figures show embattled homeowners are continuing to lose homes at rates unthinkable before the recession.
10-10-2010 more >>


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