Rotorua Property Investors' Association

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Archive: January 2013

Newland: Best option? Do nothing

Reserve Bank Governor Graeme Wheeler should leave the market well alone, says property commentator Olly Newland.
31-01-2013 more >>

Economists surprised by Wheeler's optimistic tone

Economists have expressed surprised at the optimistic nature of the latest Official Cash Rate announcement.
31-01-2013 more >>

Volatile apartments push consent figures up

Building consent numbers for new houses, including apartments, increased by 9.4% in December, Statistics New Zealand said.
30-01-2013 more >>

Schemes benefit a lucky few

Something that both the Green and Labour housing affordability policies have in common is that they are great for those in a position to buy houses through them. They are less good for everyone else.
29-01-2013 more >>

Shearer: No $300k houses in Auckland

Labour leader David Shearer has tempered his plans for a large-scale affordable housing scheme.
28-01-2013 more >>

Auckland prices 10% above last peak: QV

National residential property values are up 1.9% over the past three months, 5.7% up on the same time last year, and 1.5% higher than the last market peak, according to QV.
25-01-2013 more >>

Greens' scheme slammed

The Green Party’s proposals to get low-income earners into housing have been panned by the New Zealand Property Investors Federation.
25-01-2013 more >>

Green Party calls for stricter tenancy laws

Warrants of fitness for rentals and restrictions on rent hikes are high on the Green Party list of priorities in its new housing policy, released today.
24-01-2013 more >>

Housing market heat infectious: ANZ

ANZ’s latest Property Focus report says the increasing strength of house sales volumes is spreading to provincial New Zealand.
24-01-2013 more >>

Council heralds construction lift

Auckland’s council says signs of increasing activity in the city’s construction sector indicate more sustained economic growth ahead for the region.
22-01-2013 more >>

Heatley loses Housing

Housing Minister Phil Heatley was told only this morning that he will be replaced.
22-01-2013 more >>

Government predicts house price boom

New Zealand’s Government is expecting another house price boom but won’t be intervening with measures such as rent control or public housing schemes, Finance Minister Bill English says.
21-01-2013 more >>

Capital gains tax support: Poll

More than half of New Zealanders support the introduction of a capital gains tax on residential investment properties, a new poll has shown.
21-01-2013 more >>

Mortgage approvals at 2009 levels

Mortgage approval rates are back at levels not seen for more than three-and-a-half years, Reserve Bank data reveals. In the week before Christmas, there were more than 8000 home loans approved.
18-01-2013 more >>

CVs no price guide: Newland

Buyers in Auckland cannot expect to use CVs as a guide to house prices, commentator Olly Newland says.
18-01-2013 more >>

Price rises to become sharper: Alexander

House prices will rise more quickly this year than they did during 2012, BNZ chief economist Tony Alexander says.
18-01-2013 more >>

Lifestyle sales hit five-year high

Lifestyle properties near the main centres are in solid demand, says the Real Estate Institute, and sales are at levels not seen since 2007.
17-01-2013 more >>

Property a productive investment: Newland

Hundreds of thousands of jobs rely on the turnover of housing stock in this country, says property commentator Olly Newland.
16-01-2013 more >>

HNZ 'referring clients to Salvation Army'

The Salvation Army says Housing New Zealand is referring clients to it because of the rising cost of buying and renting homes in Auckland.
16-01-2013 more >>

Auctions big news of 2012: REINZ

New Zealand’s median house price reached a new record of $389,000 in December, up almost 10% on December 2011, the Real Estate Institute says.
15-01-2013 more >>

Newland slams Trade Me stats

Property market commentator Olly Newland has reacted with scepticism to the news that the rental market appears to be softening.
14-01-2013 more >>

Rental listings up, interest down: Trade Me

It’s not good news for landlords right across New Zealand in the latest Trade Me Property analysis. Head of Trade Me Property Brendon Skipper said the national scenario in the last quarter of 2012 was similar to that of the September quarter.
14-01-2013 more >>

Listings restrain growth: Bayleys

A shortage of listings is holding back property market growth in Rotorua, real estate agency Bayleys says.
11-01-2013 more >>

House prices up as Auckland leads the way

Rising property values in Auckland helped spur nationwide increases in house prices in December, according to the latest QV monthly property value index.
10-01-2013 more >>

200 properties on market since before 2008

Just under 20% of properties on the market have been listed for sale for more than a year. More than 200 of them were listed before the property downturn in 2008. And more than 1400 have been on the market for more than 1000 days.
10-01-2013 more >>

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