Rotorua Property Investors' Association

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Rotorua News

Number of private sales drops slightly: Trade Me

The number of private sales listed on Trade Me has declined slightly on this time last year.
25-06-2012 more >>

Fix mortgages now: Westpac

Westpac chief economist Dominick Stephens says there are only “limited downsides” to fixing a mortgage now.
25-06-2012 more >>

Flow of migrating Kiwis eases

Migration out of New Zealand looks to have started to slow but BNZ chief economist Tony Alexander says it’s too soon to gauge its impact on house prices yet.
22-06-2012 more >>

Signs point up for property prices: ANZ

Mortgage approvals were worth almost 50% more in the May 2012 quarter than they were a year earlier, according to ANZ’s property focus.
22-06-2012 more >>

Kiwibank best for first-timers: Report

KiwiBank has been given the First-Home Buyer Award from financial research and ratings group CANSTAR for the second year in a row.
21-06-2012 more >>

Bank discounts not a right: Ombudsman

Homeowners are being reminded banks are not required to cut them a deal.
20-06-2012 more >>

More sales but prices stagnant in provinces

Almost 25 per cent more properties sold in May this year compared to the same time a year ago, data from realestate.co.nz shows.
20-06-2012 more >>

No surprise property finding favour

It’s not hard to see why investors are returning to the property market.
19-06-2012 more >>

Residential investment not best bet: Hawes

Investors are taking too myopic a view if they think now is a good time to buy residential property, says adviser Martin Hawes.
19-06-2012 more >>

Heritage properties face 500% increase in insurance bills

Owners of heritage buildings are being warned they may find it hard to get insurance - and if they do, it will come with a high pricetag.
18-06-2012 more >>

Prices set to rise further: Newland

Property prices are likely to rise considerably further in New Zealand's main centres, says property investment specialist Olly Newland.
18-06-2012 more >>

Auckland rent rises outstrip rest of country

Most Auckland landlords are increasing the rents they charge much more quickly than the rest of New Zealand, according to the latest Crockers Auckland rental price table.
15-06-2012 more >>

More sales? Don't blame the interest rates: Harcourts

Increased real estate sales are being driven by more than just low interest rates, says Harcourts chief executive Hayden Duncan.
15-06-2012 more >>

It's a seller's market: Survey

New Zealand’s real estate market appears to be favouring sellers for the first time in years, according to the latest BNZ/REINZ residential market survey.
15-06-2012 more >>

Bollard keeps rates on hold; OCR cut an outside chance

Reserve Bank governor Alan Bollard's latest monetary policy statement suggests mortgage rates aren't going up any time soon although the likelihood they might fall further remains an outside chance.
14-06-2012 more >>

No dispute over mortgagee figures: Helm

Reports that Terralink's data on increasing mortgagee sales is at odds with the information from realestate.co.nz are inaccurate, says realestate.co.nz chief executive Alistair Helm.
13-06-2012 more >>

Property investment safe bet with so many MPs on side

If investing in property is such a bad thing, you have to wonder why so many of our politicians are landlords.
12-06-2012 more >>

Buyers get heavy discount at mortgagee sales

Properties going under the hammer at mortgagee sales are selling for about 25% below their market value.
12-06-2012 more >>

REINZ May 2012 regional review

Auckland see an almost 30% surge in sales and a new all time price high, sales up in Wellington but prices slip and Taranaki sees strongest sales rise for five years.
12-06-2012 more >>

Prices almost as high as they've ever been, experts agree

House prices around the country are now almost back to their peak, according to both Quotable Value and the Real Estate Institute (REINZ).
12-06-2012 more >>

OCR to stay low: Poll

Alan Bollard won’t be raising the official cash rate this Thursday, according to a poll of Landlords.co.nz and Property Investor magazine readers.
11-06-2012 more >>

"Mums and Dads" lose out in mortgagee sales: Terralink

There’s no sign of relief for homeowners in the latest Terralink mortgagee-sale figures.
09-06-2012 more >>

Water changes outrage landlords

Auckland property investors are furious about changes to the way water is paid for in the city.
08-06-2012 more >>

Barfoot reports busiest May in seven years, record price

Auckland house prices rose to a new high of $582,285 in May as sales hit their highest level since 2005, according to Barfoot & Thompson.
06-06-2012 more >>

Residential slowdown leads building slump

A decline in residential activity led a 0.4 per cent drop in building work in the March 2012 quarter, Statistics New Zealand has revealed.
06-06-2012 more >>


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