Marlborough Property Investors' Association

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Archive: 2012

House price hopes on the up, spreading from Auckland and Christchurch

Housing markets in Auckland and Christchurch are "heating up" and across the country an increasing number of people expect house prices to rise, according to the latest ASB Housing Confidence Survey.
15-05-2012 more >>

No ‘boom' but investor activity on the up, survey reveals

Estate agents are reporting an increasing number of investors' active in the property market, according to the latest BNZ-REINZ survey.
11-05-2012 more >>

REINZ April 2012 regional review

Auckland sees sales slip from March but remain well above year-earlier levels, Government belt tightening continues to hamper the Wellington market and Hawkes Bay records the strongest sales rise and a new median price high.
10-05-2012 more >>

Prices and sales slip in April

House prices retreated from March's record high in April and sales volumes also took a dip, though both remain above year-earlier levels.
10-05-2012 more >>

Property prices continue steady rise in April, says QV

Nationwide property values continued on an upward trend in the three months to April, according to the latest QV index.
10-05-2012 more >>

No house price bubble on horizon, says Reserve Bank

In its Financial Stability report the Bank notes that housing market activity has been subdued over the last five years but has recently returned to more normal levels of activity, largely due to lower interest rates.
09-05-2012 more >>

Auckland sales slip almost 40% in April

April house sales in Auckland fell almost 40% on March, but prices remained relatively stable, according to the latest Barfoot & Thompson figures.
03-05-2012 more >>

NZPIF Survey shows long wait for Tribunal

The announcement that the Department of Building and Housing (DBH) was to be moved into the new “Super” Ministry came as a shock to the industry last month. DBH had already been restructured for “efficiencies” and the general perception from all industry participants was that the service level had fallen dramatically.
01-05-2012 more >>

"Chronic shortage" pushes Auckland house prices to new high

Asking prices for Auckland homes hit a new all time high in April of $568,820 - the third high in eight months.
01-05-2012 more >>


WELLINGTON BREIFINGS – Housing Spokespersons SUPER MINISTRY – Merger of DBH PRODUCTIVITY COMMISSION – Final report released WELFARE BILL - Direct rent payments ISSUES UNDER WATCH – Summary
30-04-2012 more >>

Housing consent numbers hit four-year high

The number of housing consents issued both nationwide and in Auckland hit a four-year high in March.
30-04-2012 more >>

Reserve Bank leaves OCR unchanged at 2.5%

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5%.
26-04-2012 more >>

Floating mortgage rates unlikely to rise this year and may even fall

The chances of floating mortgage rates rising this year remain remote and they might even fall if the New Zealand dollar remains so strong.
26-04-2012 more >>

House price data reveals ‘fragmented' Auckland market

Auckland house price rises continued to climb above the nationwide average in March, up 5% against a 1% nationwide rise, according to the latest Crockers Auckland sales price table.
23-04-2012 more >>

Going, going, gone goes up in popularity across Auckland

Auctions accounted for 50% or more of sales across 13 Auckland suburbs last month as going under the hammer becomes the preferred method of selling in many parts of the city.
20-04-2012 more >>

Auckland rent rises continue to outstrip rest of country

Auckland rent rises continued to far outstrip the rest of the country in March, according to the latest Crockers Auckland rental price table.
18-04-2012 more >>

REINZ March 2012 regional review

Auckland sales up almost 40%, Wellington sees second lowest sales increase, Northland retains longest days to sell in country and sales volumes more than double in Canterbury.
16-04-2012 more >>

House prices march to new heights

Nationwide and Auckland house prices both high new record median highs last month at $370,000 and $495,200 respectively, according to the latest Real Estate Institute of New Zealand (REINZ) data.
16-04-2012 more >>

Christchurch rental shortage "crisis for some" says Parker

Christchurch Mayor Bob Parker has rejected claims by Earthquake Recovery Minister Gerry Brownlee that the city's rental shortage is not at crisis level.
16-04-2012 more >>

NZPIF backs Productivity Commission tax findings

The Productivity Commission's Housing Affordability report findings around the tax treatment of property have been welcomed by the New Zealand Property Investors Federation (NZPIF).
12-04-2012 more >>

House price rises stall in March, says QV

Nationwide property values eased slightly in March but are still up 0.5% over the past three months and 3% up over the past year, according to the latest QV report.
12-04-2012 more >>

Productivity Commission rejects CGT, calls on DBH to review rental laws

The Productivity Commission has rejected calls for the introduction of a capital gains tax and called for a review of the legislation and regulations around rental accommodation.
11-04-2012 more >>

Auckland sales hit five year peak in March

Strong buyer interest saw Barfoot & Thompson experience its busiest March trading for five years.
05-04-2012 more >>

Professionalism and Profitability

Having recently re-let a rental property, some of the comments from prospective tenants made me think about the service level of some rental property providers. Our rental was a nice place in nice condition and somewhere I would happily live. But it was by no means a mansion. It had not been renovated or improved for some time and we had just provided some basic extra cleaning in addition to the previous tenant’s efforts.
01-04-2012 more >>


Updates on Housing, Capital Gains Tax, the Super Ministry and the Welfare Bill.
31-03-2012 more >>

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