Articles tagged with 'property investment'
Investor lending falls to new lows
30 January 2024 - Mortgage lending to property investors sank to its lowest since 2014 for a December month, RBNZ data shows.
Pie's new funds could start with significant tailwind
19 November 2023 - Pie Funds is planning to launch two new funds, its first new funds since 2018.
Residential and industrial property development tanking
27 October 2023 - A sharp rebound in migration is bolstering demand for housing just as development slows.
[OPINION] Property investors just as guilty of short-termism as stock market investors
7 June 2023 - We make 20-year property investments then closely follow the news cycle, political opinions from all sides of the spectrum, and social media. We just can’t help ourselves.
Investors buying power plunges
17 May 2023 - Investors’ market share of new purchases has slumped to a new low of 19.9%.
[OPINION] Ever increasing risk for property investors
3 March 2023 - Phenomenal rain in Auckland and other areas causing destructive flooding is life as we know it in a world facing pandemics, climate change, and other challenges such as earthquakes and eruptions.
Will Election 2023 have an impact on property market activity?
8 February 2023 - Research undertaken by Colliers International on residential and commercial property market sales activity immediately before and after the past seven elections highlights they rarely disrupt the property market from its existing trends, unless there are significant government property-related policies in the limelight.
Five tips for new property investors’ success
1 February 2023 - Property has been among the best investments for many years.
Tips for claiming property expenses
11 April 2022 - Changes in tax deductibility for property investors that have passed into law haven’t prompted a major sell-off of rental properties.
New Zealanders have one very large egg in their wealth basket
2 November 2021 - Investors with all their eggs in the housing basket is not a good option as house prices are unsustainable, says Reserve Bank governor Adrian Orr.
Are significant rent rises on the way?
18 October 2021 - ANZ chief economist Sharon Zollner speaks with Sally Lindsay on the outlook for rents and the influencing forces at play.
New tax rules: What investors need to know
5 October 2021 - Although the Government has outlined details of the new legislation regarding the phasing out of property investors’ interest deductions, the new bill also has other effects for property investors.
Investors target newly built homes
29 September 2021 - A sizeable chunk of residential property investors were thinking about buying new builds even before yesterday’s announcement. The Government has confirmed that newly built houses will get a 20-year exemption from the tax deductibility rules set to kick in this week.
New builds: 20-year exemption from tax changes
28 September 2021 - New builds will be exempt from the Government’s tax deductibility rules for 20 years, irrespective of who the owner/s are over that period.
Tax deductibility rules could be revealed next week
24 September 2021 - Developers and landlords who have been waiting with bated breath for clarification around the tax deductibility rules on mortgage interest should get some answers next week.
Rents remain at all-time highs
17 September 2021 - Nationally rents remained at an all-time weekly high of $550 in August despite the country entering a nationwide lockdown.
Government torpedoes fail to sink housing market
13 September 2021 - Despite the Government’s best intentions and policy shifts Kiwi’s positive expectations of house price growth are hard to sink.
Lockdowns don’t stop market rumbling on
3 September 2021 - Enthusiasm for buying houses has not been dampened by lockdowns.
Property finance specialist joins the Eightfold Group
30 August 2021 - Experienced property finance specialist joins the Eightfold Group.
Huge profit in house resales
30 August 2021 - New Zealand house owners are selling their properties for a gross 99% profit – the highest on record.
Residential market confidence remains elevated
24 August 2021 - Before last week’s Covid lockdown, investor confidence in the residential property market hit the fourth highest score on record. Sally Lindsay reviews Colliers International's latest property stats across all sectors and regions.
Fall in real house prices expected by Reserve Bank
20 August 2021 - The Reserve Bank is now predicting house prices will actually start falling from the third quarter of next year.
Beating up investors with yet more regulations
10 August 2021 - Investors had best hope come the middle of 2022 that house prices have not gone up by another 10%, writes Sally Lindsay.
Valuation profession adapts and changes
22 July 2021 - While there are unprecedented challenges across many sectors, the valuation industry has adapted traditional operating models and adopted new ideas.
Accountants slam interest deductibility changes
22 July 2021 - Accountancy trade bodies have hit out at the Government's plans to restrict the deductibility of mortgage interest for investors, claiming the reforms will lead to unintended consequences and unnecessary complexity.
Small investors pull back
19 July 2021 - Investors with one or two properties are bearing the brunt of the Government's housing market reforms, according to mortgage advisers.
Housing supply at risk
12 July 2021 - Property investors keen on the build-to-rent market will be sorely disappointed if the Government does not carve this niche out as another asset class, says the Property Council NZ.
Housing market ‘stronger than a month ago’
12 July 2021 - Independent economist Tony Alexander has broken down the rampant housing market into layers to help investors understand where the market is headed.
West Coast best bet for investors
29 June 2021 - Residential property investors have been given a steer on where to invest – and it’s not Auckland.
Trade-ups out of reach for many
27 June 2021 - Investors wanting to trade up from three to four-bedroom properties to attract tenants may have hit a wall.
Commercial property returns all-time high
24 June 2021 - Commercial and industrial investment property returns have surged to multi-year highs of 15.9% the highest figure since December 2007, the figure was boosted by capital appreciation of 9.8%
Adviser concern over DTI threat
17 June 2021 - Mortgage advisers have raised concerns about the implementation of debt-to-income limits after the Reserve Bank paved the way for their future use.
Debt-to-income limits move closer
16 June 2021 - Debt-to-income limits on lending have moved a step closer to reality after the Reserve Bank added debt serviceability restrictions to its policy toolkit.
How office space will transform
16 June 2021 - The mass adoption of remote working across the globe has led to vociferous debate on the future role of commercial office space within cities, with the spotlight on CBDs.
Details emerge of property investor tax exemptions
11 June 2021 - Consultation opens today on how new builds will be exempted from investment property tax changes, in rules to be in place by October 2021.
Roaring industrial market heats up
20 May 2021 - The country’s industrial sector is continuing its boom with construction of storage buildings passing $1 billion for the first time.
APN Property Group asks for approval for buy-out by Dexus
18 May 2021 - Australia-based APN Property Group has announced it has entered into a scheme implementation deed with Dexus where it is proposed a subsidiary of Dexus...
Twists and turns in housing market
18 May 2021 - The latest REINZ data showing the housing market remained “perky” in April hasn’t offered much evidence of cooling, says Westpac.
Top of the South Island pops
11 May 2021 - In the past six months house price growth in Nelson Tasman has been consistent across the board, but lack of supply is now putting pressure on rises, writes Sally Lindsay
Investors pull back
10 May 2021 - Tighter loan-to-value ratio (LVR) rules have already had a significant dampening on investors.
No sign of house prices dipping yet
5 May 2021 - House prices are still streaming upwards, increasing by 3.1% across the country last month.
Landlords taking time to think
5 May 2021 - Data is starting to show property investors are pulling back from buying existing houses.
Investors – up and down
3 May 2021 - About 63% of property investors – about 182,219 taxpayers – have an average profit of $14,000 a year, but those who have substantial debt – abut 107,530 taxpayers – have losses of about $9,000 a year.
Interest rate rises scary for property investors
28 April 2021 - The possibility of rising interest rates will scare investors even more than the recent changes to the bright-line test and removal of mortgage interest tax deductibility, says the latest ANZ Property Focus report.
Next generation of industrial property
27 April 2021 - For many businesses, the extent to which they and their real estate partners invest in features which improve environmental, social and governance (ESG) standards is becoming an increasingly important consideration.
Winners from new housing policies
21 April 2021 - The new-build residential, build-to-rent projects and commercial property sectors will probably be the big beneficiaries of the Government’s housing package – extending the bright-line test and scrapping mortgage interest deductibility.
Mortgaged investors still buying, but the game has changed
14 April 2021 - March has continued a record peak for investors buying residential property.
Pandemic shifting the dial on residential design
13 April 2021 - From master planning entire communities to interior design, Covid-19 is reshaping the way developers, architects and designers are looking at houses and the environments around them.
Landlord polls: Rents will lift, sales will be low
9 April 2021 - Three recent landlord polls show the majority are going to lift rents in response to the Government’s decision to scrap mortgage interest deductibility against income.
Cash will be king for property investors
6 April 2021 - Cashed up investors along with owner occupiers will now be the ones determining house prices, says Westpac economist Satish Ranchhod.
Housing market on war footing
29 March 2021 - The Government is staking its political credibility on its war against soaring house prices, says BNZ chief economist Stephen Toplis.
The year for property politicking
25 March 2021 - Political pressure on the Government to “do something” about the housing market means 2021 will be remembered as the “year of property politics”, says CoreLogic senior economist Kelvin Davidson.
Scrapping tax deductibility not the way to go
23 March 2021 - Limiting tax deductibility for property investors’ mortgage interest would be a better game changer than scrapping it altogether, says Westpac acting chief economist Michael Gordon.
Policy ‘not rooted in reality’
23 March 2021 - NZPIF president Andrew King says he is astounded the Government has not done any work on the fiscal reality of its policy scrapping tax deductibility on landlord mortgages.
Challenging times ahead for investors: Westpac
23 March 2021 - The Government’s attempt to skew the housing market away from investors to first home buyers will have a chilling effect on investor demand, says Westpac senior economist Satish Ranchhod.
Years before changes make any difference
23 March 2021 - The Government’s crackdown on residential property investors through an extension of the bright-line test and removal of interest deductibility will have little effect for several years, says CoreLogic head of research Nick Goodall.
Interest-only lending changes loom
23 March 2021 - The Reserve Bank is "very likely" to introduce interest-only lending restrictions on investors as it aims to tackle the overheated housing market, according to CoreLogic.
Investors could be bitten hard this year
20 March 2021 - The game is about to change for property investors.
Meteoric market to continue until mid-year
16 March 2021 - Kiwibank economists believe that house price inflation will rise by 25% in the year to June, before easing to 14.5% in the year to December 2021.
Better research wanted for privacy probe into landlords
16 March 2021 - Residential tenants are being asked to spill the beans on what information landlords are requiring before renting them a property.
Investor activity waning?
9 March 2021 - Recently reimposed loan to value ratio restrictions are having a cooling effect on the investor market, according to a new survey.
Down to work within a week of forming partnership
25 February 2021 - Tauranga-based PMG Property Funds Management has wasted no time in getting down to work with Australia-based listed 360 Capital, which it formed a 50% equity partnership with last week.
ASB shut down new build investor loans
17 February 2021 - Despite new properties being exempt from new lending restrictions, ASB Bank has stopped providing new build loans to investors above 60% LVR.
Investors rush to beat LVRs
17 February 2021 - Investors rushed to get ahead of the Reserve Bank's new LVR rules, recording their highest share of property purchases on record, according to research firm CoreLogic.
ASB the latest to clamp down on investors
5 February 2021 - ASB is the latest big four lender to introduce strict LVR requirements for investors, following ANZ and BNZ in tightening the rules.
Turnaround time improvement?
27 January 2021 - Advisers have begun to note a slight improvement in bank turnaround times, according to economist Tony Alexander's latest survey of the market.
PROPERTY INVESTOR Survey - Please take part
29 December 2020 - Please take a few minutes to take part in the NZ Property Investor Magazine annual investor survey.
Big banks say no to 40% investor deposits
21 December 2020 - The other three big banks will not follow ANZ in making investors raise a 40% deposit for a home loan, following the lender's controversial decision.
How will 40% deposit requirements affect the market?
18 December 2020 - The 40% deposit requirements imposed by ANZ Bank – and possibly the RBNZ next year – are unlikely to slow the Auckland market to a halt, argues economist Tony Alexander.
Advisers react to ANZ's LVR decision
15 December 2020 - Advisers have responded to ANZ's move to raise deposit requirements for investors. Here's what the industry said:
ANZ gets tough on investors
15 December 2020 - ANZ New Zealand has lifted its deposit requirement for residential property investors to 40%, marking a major change in the lending market.
Jeff Royle and Resimac team up for investor loans
3 December 2020 - iLender's Jeff Royle has teamed up with Resimac to launch a new loan product for investors impacted by strict bank lending criteria.
Is a bright-line test extension imminent?
2 December 2020 - Speculation is mounting that the government will extend the bright-line test beyond five years, capturing a greater number of investment properties for taxation.
ANZ reintroduces investor LVRs
13 November 2020 - ANZ has followed ASB in bringing back deposit requirements for investors, after the Reserve Bank's u-turn on LVR speed limits.
ASB brings back investor LVRs
12 November 2020 - ASB has announced an immediate reinstatement of loan-to-value restrictions on investors, ahead of the Reserve Bank's consultation to reimpose them next March.
Tribunal divvies up blame in maintenance ruling
6 November 2020 - New Zealand’s aging housing stock and tradition of informal landlord-tenant relationships have the potential for complex disputes where fault lies with both parties – as illustrated by a recent Tenancy Tribunal ruling.
COMMENT: The importance of correct structuring
5 November 2020 - Structuring the ownership of a property portfolio is rarely the first – or even the second - thought for new investors. But it should be, argues property accountant Anthony Appleton-Tattersall*.
Strong market attracting investors
4 November 2020 - There has been a jump in investor demand and activity over the last month, according to the latest REINZ/Tony Alexander survey of real estate agents.
Auckland’s average price now $1million plus
4 November 2020 - New Zealand’s biggest market is booming with Barfoot & Thompson’s latest data revealing that Auckland’s average residential property price is over the $1 million mark for the first time.
Market influencers going forward...
2 November 2020 - Value growth is accelerating and one property expert is picking that Government construction plans and the role of LVRs will dominate market discussion of the trend going forward.
SuperCity property attracting overseas interest
2 November 2020 - International interest in Auckland property has increased recently and that could have helped the region’s average asking price hit a record high in Realestate.co.nz’s latest data.
Most expensive rental region a surprise
30 October 2020 - Think that rents in the Super City or the Capital are the highest in the country? Well, you’d be wrong. It’s Porirua which is the costliest district to rent in.
Dunedin in demand
29 October 2020 - A supply and demand imbalance together with improved housing stock mean Dunedin’s values are on the rise, writes Joanna Jefferies.
Always do your homework
27 October 2020 - With the housing market running hot there’s growing numbers of buyers out there and that’s left the Real Estate Authority (REA) reminding them to do their homework.
Education for landlords by landlords
23 October 2020 - Self-managing landlords are signing up in droves for the NZ Property Investors Federation’s new education programme which aims to help landlords run their properties like professionals.
COMMENT: Dunedin’s slowdown might last
22 October 2020 - Dunedin’s loss of value growth momentum in recent months could be a longer lasting trend, writes CoreLogic senior property economist Kelvin Davidson.
What lies ahead for investors
21 October 2020 - Election 2020 is done and dusted – and a red landslide has left the Labour Party firmly in charge of the next government. But what could that mean for property investors?
COMMENT: Is a post-election market surge likely?
20 October 2020 - Will the 2020 post-election period see the usual effect on housing, or will it be another anomaly, asks REINZ chief executive Bindi Norwell.
Negative OCR still needed - Westpac
20 October 2020 - Despite fears of an overheated housing market, Westpac economists believe the Reserve Bank will still need to lower the official cash rate next year.
Something’s gotta give on prices
16 October 2020 - House prices are on a relentless march upwards and BNZ is warning that “over-zealous investors” could push them to non-sustainable levels.
LVR limits will return for investors
16 October 2020 - The odds of LVR restrictions returning for investors next year are "fairly high" due to the strength of the residential property market, according to economist Tony Alexander.
COMMENT: Property investment tax advantages
15 October 2020 - Public opinion has it that there’s lots of tax advantages with property investment. But property accountant Anthony Appleton-Tattersall* is asking people to let him know if they see any, as he hasn’t found them yet.
Market correction? Don’t hold your breath.
14 October 2020 - The economic fallout from Covid-19 was supposed to lead to a housing market correction. It hasn’t – and now ASB says prices are only going to keep climbing.
Sales, prices skyrocket in defiant market
13 October 2020 - It’s official: New Zealand’s housing market is going crazy – and the skyrocketing prices have left economists revising their forecasts and worried it heralds a new bubble.
Investment in Auckland’s CBD will survive
12 October 2020 - Commercial property investors are not going to abandon Auckland’s CBD in the wake of the Covid-19 lockdowns, according to a specialist property financier.
COMMENT: Accessing commercial property assets
9 October 2020 - Small investors can access big commercial property assets, Craigs Investment Partners head of private wealth research Mark Lister explains how.
No sign of investor exodus
8 October 2020 - It looks as though residential landlords are not exiting the market in droves as a result of the Government’s tenancy law reforms and other investor-focused policy changes.
Are returning Kiwis really a market driver?
6 October 2020 - Returning New Zealanders have been touted as a major driver of housing demand going forward, but some think the flood has ended – and that will impact on the market.
Tenancy reforms, tax changes would go under National
5 October 2020 - Getting rid of the Government’s tenancy law reforms and tax changes that impact on rental property owners are a key feature of the National Party’s new housing policy.
Big damage pay-out awarded to landlord
5 October 2020 - Tenant liability for damage has long been a fraught issue but a new Tenancy Tribunal case shows that damage rulings can sometimes favour a landlord.
Labour plans to regulate property managers
2 October 2020 - Property managers will be regulated and subject to a Code of Conduct to ensure they meet professional standards if the Labour Party returns to power after the election.
Booming sales in the Super City
2 October 2020 - Market activity is not letting up in Auckland with the city’s biggest real estate agency announcing that September saw the highest number of sales in a month since 2017.
COMMENT: The true cost to build a house
2 October 2020 - Think price-per-square-metre gives an accurate idea of the cost to build a home? Think again! Landmark Homes’ Warwick Aldridge* explains what’s not included – and what to look out for when comparing quotes.
Values on the rise again - CoreLogic
1 October 2020 - Growth in property values stalled after the first lockdown – but that’s changing with signs of growth emerging in markets nationwide once again.
Low listings boosting prices
1 October 2020 - Auckland’s average asking price passed $1 million for the first time while other regions turned in record highs. The ongoing shortage of listings is a major factor in that.
Resilient consent numbers surprise
30 September 2020 - High numbers of residential dwelling consents are still being issued with Stats NZ’s latest data leaving economists surprised at the ongoing resilience of construction.
Wairarapa on the move
30 September 2020 - A tight rental market and low sales stock mean Wairarapa’s property market is on the up, writes Joanna Jefferies.
Adapting to commercial’s new normal
29 September 2020 - Economic headwinds may be threatening the commercial property sector but one property fund manager is opening a new offer on the back of a year that has been successful, despite Covid-19.
Southland is tops for investors
25 September 2020 - It seems you can’t just beat Southland for high performing investment properties, with the region coming up trumps yet again in a new REINZ report.
Call for rent caps after freeze ends
21 September 2020 - Rents are set to go up for many as the Covid-19 prompted freeze on rent increases comes to an end later this week, but tenant advocates are now calling for rents to be capped.
High demand keeps pushing prices up
18 September 2020 - Treasury might be expecting house prices to fall - but market data suggests otherwise, with Trade Me Property’s August data the latest to show rising prices and high demand.
COMMENT: Never a right time to invest – why buyers need to act now
16 September 2020 - New Zealanders who are apprehensive about buying property should be spurred on to take the jump as record low mortgage rates and a lesson from the current world backdrop settle in, argues iConsult’s Satyan Mehra*.
Ex-partner’s behaviour not a tenancy breach
15 September 2020 - Tenant responsibility for the behaviour of other people on the premises can have limits depending on the circumstances, a new Tenancy Tribunal ruling indicates.
Expect house prices to keep rising - Westpac
14 September 2020 - House prices are set to keep going up rather than down, one of the big banks now says – after reversing its earlier predictions of price declines.
Covid be damned – the market is booming
11 September 2020 - Those who were anticipating a Covid-prompted housing market collapse got it wrong with the latest REINZ data revealing strong growth in prices and sales.
Interest rates not bargains driving investors
9 September 2020 - Investors’ hopes of picking up a property bargain in the post-Covid market are fading, the latest joint survey from REINZ and economist Tony Alexander reveals.
COMMENT: Furore over Healthy Homes story misleading
8 September 2020 - Never let the truth get in the way of a good story. It’s a tried and tested adage – and it’s one the NZ Property Investors Federation president felt the brunt of yesterday, muses NZ Property Investor editor Miriam Bell.
Westpac not budging on investor LVR
7 September 2020 - Westpac is sticking to its 70% loan-to-value ratio limit for investor mortgages, despite rival banks loosening up following the end of LVR restrictions.
Where are properties selling most above CVs?
4 September 2020 - Auckland’s residential property prices might be on the rise again, but it’s actually the region where properties are currently selling closest to their CV*.
Super City powers through lockdown 2.0
2 September 2020 - Lockdown 2.0? What lockdown? Auckland’s residential property market sailed through the level three restrictions, according to the city’s largest real estate agency.
Moving rent tech out of the past
2 September 2020 - Recent tenancy law changes mean residential landlords will need to stay firmly on top of their rent collection processes – and a newly launched app aims to help them do that.
High consent issuance not expected to continue
1 September 2020 - Over 10,000 new dwelling consents were issued in the three months to July, a rolling total not seen since the 1970s. But economists don’t expect the trend to continue.
Market holds firm in Covid-19 storm
1 September 2020 - Covid-19 has not led to the bottom dropping out of the housing market, as some predicted. Rather housing values have held pretty firmly, particularly in provincial and rural areas.
Record housing stock lows round NZ
1 September 2020 - The amount of available housing stock for sale nationwide plummeted to record lows in August – and that’s helping keep prices bubbling up.
Consents no longer needed for low-risk work
31 August 2020 - Good news for those wanting to add a sleep-out, shed or carport to a property: today’s the day that consents are no longer needed for low-risk building work.
Online rent talk attracts ComCom attention
31 August 2020 - Think it’s okay to post about increasing rents on social media? Well, think again. That’s the warning contained in a Commerce Commission letter sent to property investor representatives last week.
Steady Southern star
31 August 2020 - Covid-19 and the closure of Tiwai Point might pose some challenges for Invercargill but the southern city’s market still has a lot to offer investors, writes Miriam Bell
Buyer sentiment at eight year high
28 August 2020 - More people now believe that it is a good time to buy a house than at any other time since 2012, ASB’s latest Housing Confidence Survey reveals.
Clouds remain over housing market
27 August 2020 - Falling mortgage rates will provide support to the housing market over the coming year – but a weakening of the market is still on the cards, according to bank economists.
Borrowing boom in July – before second lockdown
26 August 2020 - Home lending soared to $6.5 billion in July during New Zealand's Covid-free period, reaching its highest level since November last year.
No rent growth for first time in three years
25 August 2020 - The gap between the supply of available rental properties and demand for them is closing and that means rental growth is slowing.
Routine inspection pays off
24 August 2020 - Meth contamination was just one of the breaches uncovered during a routine property inspection that led to a firm Tenancy Tribunal ruling in favour of the landlord.
Investors' market share on the rise
20 August 2020 - Concerns about the rising costs of being a landlord aren’t deterring investors with new data showing that mortgaged investors’ share of purchases surged to a four year high in July.
Changes to RTA now in force
19 August 2020 - The Government’s controversial tenancy law reforms are now law after the Residential Tenancies Amendment Bill 2020 received Royal Assent on 11 August 2020.
Election not an issue for property buyers & sellers
19 August 2020 - This year’s general election may have been postponed to October 17 but a new survey reveals that the election is not a concern for a vast majority of property buyers and sellers.
Mortgage deferral scheme extended to March
17 August 2020 - The Reserve Bank has confirmed the mortgage deferral scheme will be extended until March next year following the second Covid-19 prompted lockdown in Auckland.
COMMENT: Real estate possible at level three
17 August 2020 - Never fear property buyers and sellers - alert level three is still workable for the Auckland real estate market, according to Century 21 owner Derryn Mayne.
Covid-19 return could derail market boom
14 August 2020 - The housing market was booming in July with price and sales up nationwide, new REINZ data shows, but the return of Covid-19 raises questions of how the market will fare going forward.
The return of Covid-19: what it means for landlords
12 August 2020 - After 102 days, Covid-19 is back and that means Auckland is returning to alert level three, while the rest of New Zealand will go to alert level two, on Wednesday. So what does that mean for landlords?
How elections impact on the market
11 August 2020 - Elections have an impact on property market activity, don’t they? Actually - it depends, new Colliers International research suggests.
Greens propose more landlord regulations
10 August 2020 - Rental Warrants of Fitness. Licensing for landlords and property managers. They are ideas long held dear by the Green Party and, sure enough, they both feature in the Green’s new housing policy.
Persistent RTA breaches cost landlord
6 August 2020 - Ongoing disregard for her obligations under residential tenancy law has resulted in a hefty fine for a notorious Christchurch landlord.
New rental laws will have unexpected outcomes
6 August 2020 - Watch out – some of the tenancy reforms now set to become law will have unintended consequences and cause more harm than good, REINZ is warning.
Radical tenancy reforms now law
5 August 2020 - Shock and dismay. That’s what landlords around New Zealand are feeling after Parliament passed the Government’s controversial tenancy law reforms into law late Wednesday.
Is the market resurgence coming to an end?
5 August 2020 - Steady declines in value growth are becoming evident – as QV’s latest data reveals – and that suggests the housing market’s resurgence could be coming to an end.
Auckland sees highest sales since 2015
4 August 2020 - The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.
ANZ eases servicing test
4 August 2020 - ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.
Prices not impacted by new listings surge
3 August 2020 - There was an influx of new listings on to the housing market in July but it is making little impact on the shortage of housing stock around New Zealand.
The final countdown
1 August 2020 - This week was supposed to see the second reading of the Residential Tenancies Amendment Bill in Parliament. That didn’t come about. So what happens now?
Queenstown rents take a nosedive
31 July 2020 - Covid-19 has hit the Queenstown rental market hard, with new data showing that rents in the holiday hotspot have plummeted by 28% on June last year.
200 issues: Top Regions Revealed
31 July 2020 - Joanna Jefferies takes a look at the top 12 locations for property price growth and gains across New Zealand since 2003 and discovers previously unknown property hotspots.
Covid-19 fog hangs over consents increase
30 July 2020 - New dwelling consents were up by 20% year-on-year in June. That’s a big increase but it doesn’t allay the concerns of economists going forward.
COMMENT: It’s not all doom & gloom
30 July 2020 - Uncertainty still casts its shadow over the property market but there are factors that could see a brighter outlook than some expect, writes CoreLogic's Kelvin Davidson.*.
Mortgage holidays set for extension
29 July 2020 - Minister of Finance Grant Robertson says the Reserve Bank could extend mortgage holidays for struggling borrowers.
Crunch time for tenancy law reforms
27 July 2020 - The Government’s tenancy law reforms are up for their second reading in Parliament this week – and landlord advocates are urging people to contact MPs with their concerns before midday Tuesday.
COMMENT: Extend mortgage holidays
27 July 2020 - The Covid-19 prompted mortgage “holiday” scheme is set to end in September but Century 21 New Zealand owner Derryn Mayne is calling for it to be extended.
New urban planning rules for Councils
24 July 2020 - Restrictive planning regulations have long been cited as a major contributor to New Zealand’s housing shortage – but new rules mean Councils will have to loosen up their rules in a bid to boost supply.
Demand is keeping prices resilient
23 July 2020 - Stronger than anticipated demand from property buyers is helping to keep prices nationwide buoyant – and solidly up on last year - in the post-Covid housing market.
Covid crisis will impact on market - in time
21 July 2020 - ASB continues to expect a 6% decline in nationwide house prices – even though the Covid-19 prompted economic adjustment to date been less severe than most expected.
Partner’s residence breached tenancy agreement
20 July 2020 - More people living in a rental property than allowed under the tenancy agreement is a common problem, but a recent Tenancy Tribunal ruling demonstrates why landlords should address this issue.
Servicing tests hinder home loan market
17 July 2020 - Tough servicing tests continue to hinder the home loan market, leaving borrowers unable to tap into attractive headline interest rates.
Mortgage demand picked to decline
16 July 2020 - Banks are expecting a fall in demand for mortgage lending in the second half of 2020, according to a new Reserve Bank Credit Conditions Survey.
Sales, prices surge up - defying expectations
14 July 2020 - The housing market’s post-Covid rebound continued in June with house prices rising further and sales volumes hitting a four year high – but economists are asking if it will last.
COMMENT: Disappointment with the RTA Bill
13 July 2020 - The NZ Property Investors’ Federation is disappointed only minimal changes made to the Residential Tenancies Amendment Bill.
Select Committee green lights tenancy law reforms
10 July 2020 - Extreme disappointment is the response of property professionals to the Select Committee report on the Government’s proposed tenancy law reforms which was released this week.
Investors not rushing to sell
9 July 2020 - There is no rush of investors looking to sell their properties in the post-Covid-19 market, according to the second joint survey from REINZ and economist Tony Alexander.
What tune will property play post Covid-19 lockdown?
9 July 2020 - Listed property was on song in 2019 before losing its mojo this year as the coronavirus struck. But are the real estate blues simply a crisis-triggered reversion to the mean or is something more fundamental at play? Mint Asset Management senior real estate portfolio manager, Carlie Eve, puts property in its place ...
Values settle into new normal
8 July 2020 - Covid-19’s impact on the residential property market is becoming clearer with QV’s latest data showing the pre-lockdown heat is dissipating as the market begins to settle.
COMMENT: A call to arms
7 July 2020 - Concerned about the Government’s tenancy law reforms? Well, there is now less than a week to speak up about them - so NZ Property Investor editor Miriam Bell urges landlords to make their views heard.
Advisers buoyed by strong property market
6 July 2020 - The New Zealand property market has emerged strongly out of lockdown, according to mortgage advisers, who say they are busy as ever this winter.
SuperCity sales defy expectations – for now
2 July 2020 - Auckland’s property market defied economic forecasts in June but that doesn’t mean it will continue to do so, according to the city’s largest real estate agency.
Consents rebound likely to be short-lived
1 July 2020 - There was a strong increase in residential building consents in May but economists say the rebound won’t last.
Four new buyers’ markets emerge
1 July 2020 - A surge in new property listings around much of New Zealand has turned four regions into buyers’ markets, new Realestate.co.nz data reveals.
COMMENT: Are Airbnb hosts in breach of the RTA?
30 June 2020 - Landlords could be using short term booking sites like Airbnb in an attempt to contract out of the Residential Tenancies Act, but by doing so they are exposing themselves to substantial risk and possible rent refunds, writes property management consultant David Faulkner.
Signs of confidence but early days yet
30 June 2020 - Tough economic times might be ahead but a new report from REINZ shows there are some early signs of confidence in the housing market post-lockdown.
Mortgage borrowing rebounds in May
25 June 2020 - New mortgage borrowing rose by roughly $1.6 billion in May as the property market showed signs of recovery from the Covid-19 lockdown.
SuperCity yields improving
25 June 2020 - Investors take note - record low mortgage rates mean the yields on Auckland rental properties are starting to look more attractive.
What’s going on in the rental market
25 June 2020 - There’s been a big increase in rental supply in some of New Zealand’s tourism hotspots, according to Trade Me Property’s latest rental data.
S&P forecast 10% house price fall
24 June 2020 - Global ratings agency Standards & Poors is the latest to join the chorus of predictions around potential house price falls in New Zealand – and they’re picking a 10% drop.
Mould complaint doesn’t warrant reduced tenancy term
23 June 2020 - Many landlords are concerned the Tenancy Tribunal tends to favour tenants but one recent decision shows that’s not always the case.
Market outlook: what economists have to say
19 June 2020 - Recent residential housing market data has not looked to bad – but, given the grim economic forecasts, that’s a bit confusing. So here’s a round-up of economists’ latest takes on the market…
Tenancy termination ban lifted
18 June 2020 - The end is nigh for emergency tenancy measures introduced during the Covid-19 lockdown with the Government today confirming the measures won’t be extended.
Huge surge in buyer demand
18 June 2020 - Is it the lure of a bargain? Is it a pent-up demand? Whatever the reason, buyer demand for residential property has soared, according to Trade Me Property.
Southland comes up trumps for investors
17 June 2020 - Investors keen to pick up a good deal should look south as a new REINZ report shows that Southland is, once again, the country’s highest performing region for residential property investors.
New-to-bank lending freeze
17 June 2020 - Banks have stopped taking on new borrowers above 80% LVR, despite the end of loan-to-value ratio restrictions last month.
COMMENT: Allow KiwiSaver for investment properties
16 June 2020 - It’s time to allow KiwiSaver to be used to buy investment properties as well as first homes, argues Century 21 New Zealand owner Derryn Mayne.
Wind up emergency tenancy provisions now - REINZ
12 June 2020 - Emergency tenancy provisions introduced because of Covid-19 are now doing more harm than good so it’s time to bring them to an end, the Real Estate Institute says.
Trading NZPIF places
12 June 2020 - It’s a case of trading places at the NZ Property Investors’ Federation now that it’s been announced that long-serving executive officer Andrew King has taken up the role of president.
Level one: the new normal
11 June 2020 - New Zealand is a few days into alert level one and that means the residential property sector is seeing some changes as we all adjust to the “new normal”.
Investors hunt for bargains
10 June 2020 - One in four real estate agents have reported an increase in investor buying activity, according to a new survey from the Real Estate Institute of New Zealand and economist Tony Alexander.
$75m on offer for new developments
9 June 2020 - Auckland ’s long-term future is sound as well situated residential developments will always sell and demand for affordable housing remains strong, a leading non-bank property financier says.
What lockdown meant for landlords’ finances
8 June 2020 - Many landlords were financially affected by the Covid-19 lockdown with nearly 50% seeing a reduced income, according to a new NZ Property Investors Federation (NZPIF) survey.
COMMENT: Will level one mean level one for residential landlords?
7 June 2020 - Cabinet is considering a move to alert level one tomorrow, so does that mean it will all be back to normal for New Zealand's 290,000 rental property owners and managers, Tenancies War spokesman Mike Butler* asks.
Bright spots in commercial outlook
5 June 2020 - Nearly 60% of commercial property investors think that opportunities lie ahead but they are also believe there are changes in store for the sector.
Concerns over commercial rent dispute plan
4 June 2020 - Too little, too late. That’s what commercial landlords’ advocates have to say about the Government’s newly announced $40 million commercial rent dispute package.
Bank LVR limits on hold
4 June 2020 - Banks have not relaxed loan-to-value ratio limits for investors, despite the Reserve Bank's move to scrap LVR rules.
Weak sales, resilient prices
3 June 2020 - Auckland’s housing market saw another slump in sales volumes in May but prices are holding steady, according to the city’s largest real estate agency.
Market teeters on cliff edge - QV
3 June 2020 - Signs of fragility might be present in the post-lockdown market yet value growth and demand are currently still going strong.
Compliance statement deadline extended
2 June 2020 - There’s some relief for struggling landlords with the announcement today that the Healthy Homes Compliance Statement deadline has been extended for an additional five months.
Consents fall could have been worse
2 June 2020 - New dwellings consents dropped in April. That didn’t surprise anyone but economists were surprised that the drop wasn’t bigger.
No post-Covid-19 dent in asking prices
2 June 2020 - Covid-19 has not diminished the price expectations of property sellers with new data revealing that average asking prices hit record highs in seven regions in May.
Major industrial development powers on
29 May 2020 - It’s full steam ahead for the Stevenson Group’s $800 million, 361-hectare industrial and residential development in South Auckland – despite the uncertainties of the post-Covid-19 era.
Resilience needed in face of change
28 May 2020 - The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Price expectations spiral down
27 May 2020 - Housing confidence has been dealt a hefty blow by the Covid-19 crisis with house price expectations plummeting to new lows.
Mortgage lending slumps to record low in April
26 May 2020 - Mortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.
COMMENT: Housing supply increase is being hampered
22 May 2020 - The much-needed increase in housing supply is being hindered by new legislation relating to rental properties, warns NZ Property Investors Federation executive officer Sharon Cullwick.
Downward pressures might push investors out
21 May 2020 - There’s a major housing market downturn coming and it’s likely to reduce the number of investors in the market, according to ANZ economists.
Rent arrears end tenancies in lockdown
20 May 2020 - The Covid-19 crisis saw the introduction of emergency rules which make it harder to terminate tenancies, but a recent Tenancy Tribunal ruling shows that racking up rental arrears can still mean the end of a tenancy.
Rent increase freeze to change the market
19 May 2020 - Lockdown restrictions made for an inevitable slow down in the rental market in April but Trade Me Property’s new data highlights questions over the future direction of the market.
Navigating level two: what landlords need to know
18 May 2020 - With around 95% of businesses now back at work and children returning to schools today, New Zealand is now fully ensconced in alert level two. So what does that mean for residential landlords?
House sales plummet in lockdown
15 May 2020 - [UPDATED] There was a massive nationwide drop in residential property sales in April while the country was in level four lockdown, new REINZ data reveals.
How Budget 2020 supports the housing market
14 May 2020 - Was Budget 2020 transformational? Experts are debating that now but, whether or not it turns out to be, it does provide some support for the residential property market going forward.
Industrial holdings leave Provincia in strong position
14 May 2020 - Tales of strife and problems abound in the commercial property world these days, but the impact of the Covid-19 pandemic has not been as devastating for all commercial players.
OCR reaction: Reserve Bank open to lower, negative rates
13 May 2020 - Economists say that the Reserve Bank has left the door open to lower or even negative rates, as it kept the official cash rate on hold in its Monetary Policy Statement (MPS) today.
Elephant in the room at level two
12 May 2020 - It’s official: New Zealand will be moving to alert level two by Thursday and thousands of workers will be returning to work, but issues remain for the commercial property sector.
Investors expect road ahead to be tougher
8 May 2020 - Most investors believe that conditions will get harder for property investors over the next year but not just because of the Covid-19 crisis, a new survey by NZ Property Investor has found.
Real estate in level two
7 May 2020 - Open homes. Rental viewings. Auctions. They look to be on the cards again soon, with the country heading towards alert level two.
Capital investor calls for commercial rates moratorium
6 May 2020 - Councils should offer a one-year moratorium on rates to commercial landlords who are struggling with the economic impact of the Covid-19 crisis, a prominent Wellington property investor argues.
Market enters unknown waters
6 May 2020 - There’s no doubt New Zealand’s housing market was performing strongly heading into lockdown but, as QV’s latest data makes clear, the market has now entered unknown waters.
Uncertain future for commercial development
5 May 2020 - Sixty percent of planned development projects worth several billion dollars are now uncertain due to the current economic climate, a new Property Council survey of its members suggests.
Contactless solution for rental viewings
4 May 2020 - Rental viewings are once again possible but in a post-lockdown world they have to be run very differently - and a new property tech solution could be the answer.
SuperCity sales fall 50% in lockdown
4 May 2020 - Auckland property sales in April were down by 50% on March but the true effect of the lockdown won’t show up until May’s trading data is compiled, according to Barfoot & Thompson.
Majority of MPs qualify as property investors
1 May 2020 - It’s impossible to ignore New Zealanders’ love for property as an investment – and this is highlighted by the holdings of our MPs, a majority of whom qualify as multiple property owners.
Insurance FAQs for uncertain times
1 May 2020 - COVID-19 is set to be with us for many months ahead, so the Insurance Council of New Zealand has answered some commonly asked questions for landlords…
Govt considers commercial rent relief solutions
30 April 2020 - Mounting costs for small businesses trying to deal with the economic fallout of Covid-19 have prompted the Government to consider rent relief options.
Covid-19 could strike REITs a hard blow
30 April 2020 - The hit from the Covid-19 crisis could last longer and deeper than just the lockdown period for Australian and New Zealand real estate investment trusts (REITs).
What alert level three means for landlords
29 April 2020 - New Zealand has now moved out of alert level four lockdown to alert level three and that means a few less restrictions for residential rental property owners. Here’s some guidance on what the new rules are…
House price drops are short-lived - Alexander
24 April 2020 - Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
House price drops are short-lived: Alexander
24 April 2020 - Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
Rental market showing signs of life again
23 April 2020 - Covid-19 bought New Zealand’s rental market to a standstill but recent activity on Trade Me Property suggests tenants are starting to return to the market.
Private property viewings allowed under level three
23 April 2020 - The property market has received a boost after Housing Minister Megan Woods confirmed that private viewings will be allowed under alert level three.
Share your views on what Covid-19 means for investors
21 April 2020 - We want to know how property investors in New Zealand are responding to the Covid-19 crisis and its effects on the market...
Reserve Bank to scrap LVR restrictions
21 April 2020 - [UPDATED] The Reserve Bank is set to remove loan-to-value ratio restrictions on mortgages in the wake of the Covid-19 outbreak.
NZPIF conference 2020 postponed
20 April 2020 - The New Zealand Property Investors' Federation annual conference, which was due to be held in October, has been postponed till next year.
COMMENT: The rental housing conundrum
20 April 2020 - Still simmering away below all the Covid-19 virus activity is the Government’s “reform” of the Residential Tenancy Act and that’s something we should all be concerned about, writes Auckland Property Investors Association vice-president Peter Lewis…
COMMENT: The ongoing fight for landlords’ rights
18 April 2020 - Proposed changes to tenancy law have left landlords fighting to retain the right to end difficult tenancies while students are fighting for the right to party, reports NZ Property Investors Federation executive officer Sharon Cullwick.
Life at level three for residential landlords
17 April 2020 - It won’t be a full release from lockdown but moving to alert level three will mean businesses that can operate safely will be able to reopen. So what does that mean when it comes to residential property?
More relief needed for commercial property sector
16 April 2020 - New measures to help out commercial landlords and tenants struggling with Covid-19 related lease issues have been announced – but the Property Council is warning that more support is needed.
[VIDEO] Don’t expect a buyers’ market immediately
15 April 2020 - Listings of properties for sale are likely to lift post-lockdown but CoreLogic’s head of research, Nick Goodall, says that doesn’t mean the housing market will immediately switch into a buyers’ market. [WATCH VIDEO]
Market strong before turbulence to come
15 April 2020 - Strong price growth and solid demand characterised the pre-lockdown housing market, new REINZ data shows – but the time period covered was the calm before the storm.
One in five tenancies could fall into arrears
14 April 2020 - The Covid-19 crisis will result in greater falls in rents and higher default rates in regions, or suburbs, with higher rents, according to property management companies.
“No access in emergency” lease clause: putting it in context
8 April 2020 - Much attention has focused on a commercial property lease clause which could mean commercial tenants don’t have to pay all their rent during lockdown, so the Auckland District Law Society is providing more information about it...
Tenancy reform Select Committee hearings to go ahead
7 April 2020 - The Covid-19 lockdown may have put a halt to most Parliamentary business but not, it turns out, to the progress of the Government’s controversial tenancy law reforms.
Life remains in real estate industry
7 April 2020 - Open homes are forbidden and real estate transactions are in hiatus during the lockdown, but that doesn’t mean it’s not possible for investors to find a deal.
Lockdown market sentiment
6 April 2020 - Caution might dominate property sector participants’ takes on the market, but independent economist Tony Alexander’s latest polling reveals that not all investors are taking a step back.
How the lockdown is affecting landlords
3 April 2020 - It’s not just tenants who are feeling the impact of the Covid-19 lockdown – residential landlords are too, with a new survey showing that the personal income of 59% of them has been affected.
COMMENT: Making sense of it all: COVID-19, the economy & property
2 April 2020 - The Covid-19 crisis means everything is changing fast, so CoreLogic’s Kelvin Davidson* has put together his 10 key points on what to be aware of when it comes to the property market.
Auckland market booming before lockdown
2 April 2020 - The Super City’s housing market was in full recovery mode with strong sales and a rise in listings, but the Covid-19 lockdown has stopped it in its tracks.
Uncertainty set to plague 2020’s market
1 April 2020 - New data from both QV and Realestate.co.nz shows the housing market was performing strongly prior to the Covid-19 lockdown – but there’s no escaping the question of what it will do now.
Covid-19 will impact on building activity
31 March 2020 - New dwelling consents hit a 45 year high in the year ending February 2020 – but that was before the Covid-19 crisis hit.
What lies ahead for the housing market
31 March 2020 - As New Zealand begins to settle into the “new normal” of the Covid-19 lockdown, commentators have started releasing their (tentative) outlooks for the housing market. Here’s a summary of some of them...
Moving properties during COVID-19 lockdown
30 March 2020 - Confused about whether tenants can move properties during the lockdown? If so, you’re not alone – so Tenancy Services has now released some advice around the issue.
Banks roll out mortgage holiday
30 March 2020 - Major lenders have launched mortgage holidays for borrowers affected by the Covid-19 outbreak, using online application forms to process customer requests.
Commercial sector facing hundreds of millions in lost revenue
27 March 2020 - Some large commercial tenants are refusing to pay rent and this could devastate the commercial property sector, the Property Council New Zealand is warning.
Landlords’ plea: don’t unfairly target us
27 March 2020 - There are growing concerns among many landlords about unreasonable expectations from tenants, and the Government, in relation to rent during the lockdown.
Emergency rules boost tenant protections
25 March 2020 - Landlords can't raise rents or evict tenants, expect in specific situations, during the Covid-19 lockdown – but tenants do have obligations too.
Covid-19 crisis: what landlords need to know
25 March 2020 - [UPDATED] The Covid-19 crisis means that New Zealand is now in a State of National Emergency and the nationwide lockdown begins tonight.
COMMENT: Property from the trenches
24 March 2020 - Covid-19's major impact on New Zealand's economy means job losses and that has implications for landlords. Veteran investor Debbie Van Den Broek offers some suggestions on how landlords can weather the storm.
Freeze on rent rises introduced - temporarily
23 March 2020 - The Government has introduced a freeze on rent increases on residential rental properties as part of the economic measures announced in the fight against Covid-19 and its impacts.
Put RTA reform proposals on ice
23 March 2020 - Now is not the time for the Government to push through its proposed tenancy law reforms, property market players say.
How to address tenant job loss in the age of coronavirus
20 March 2020 - Compassion should be key to how landlords deal with tenants affected by coronavirus job losses but, ultimately, they are running a business and still need to pay their mortgages.
Battle against RTA reforms continues
18 March 2020 - Coronavirus might be dominating the headlines but investor advocates are urging landlords not to forget about the threat posed by the proposed reforms to tenancy law.
ASB slashes house price forecasts
17 March 2020 - House price growth will drop away to zero over the coming year, according to ASB who have cut their forecasts in response to the coronavirus crisis.
What coronavirus means for property investors
16 March 2020 - Welcome to Fortress New Zealand. The coronavirus crisis means that strict travel bans are now in force and a recession is expected. So what does that mean for property investors going forward?
New loan to boost energy-efficient housing
13 March 2020 - There’s an ongoing push towards greener, healthier homes and now Westpac is joining the drive, with a new loan product for its home loan customers.
Syndicates take big share of commercial purchases
13 March 2020 - Investors thinking about joining up with a property syndicate can rest assured that New Zealand syndicates have been keeping busy of late.
Housing market powers on – for now
12 March 2020 - New Zealand’s housing market resurgence is showcased in new REINZ data which has the national median price at a new record and sales at a four-year high.
Get on top of boarding house rules
11 March 2020 - There’s a fair bit of uncertainty around boarding houses and Tenancy Services is warning landlords they need to know the law around this area.
National would ditch proposed rental regulations
9 March 2020 - The Government’s controversial tenancy law reforms would be among the first regulations National would throw on to the regulations “bonfire” it is planning if elected.
Will mortgage rates fall much further?
9 March 2020 - An official cash rate cut looks increasing likely amid the Covid-19 outbreak, but economists doubt mortgage rates will drop much further than current levels.
Failure to lodge bonds earns major penalty
6 March 2020 - A Tauranga property management company has been ordered to pay $16,417 for failing to lodge bonds within the required timeframe on multiple occasions.
More growth for co-working office space
5 March 2020 - The popularity of co-working office space is not just a fad. In fact, according to a new report, there’s room for continued growth in this part of the Auckland office market.
SuperCity sales soar up
4 March 2020 - Auckland sales activity soared back to life in February with Barfoot & Thompson recording its highest number of sales in five years.
Values escape coronavirus contagion
4 March 2020 - There’s no escaping the spectre of coronavirus right now but it hasn’t had an impact on the property market with new QV data showing it continues to strengthen.
On the brink of a crisis
3 March 2020 - Proposed tenancy law changes, which come in an environment of rental shortage, are on the brink of creating a low socioeconomic rental crisis.
Removal of no-cause notice opposed by 45% of tenants
2 March 2020 - It’s not just landlords who are opposed to the removal of the no-cause 90-day notice: a new REINZ survey reveals that close to half of tenants are too.
Drop the quarter-acre dream to address supply shortage
2 March 2020 - There’s been no change to the shortage of houses for sale nationwide and that’s keeping asking prices high in markets around New Zealand, the latest Realestate.co.nz data shows.
COMMENT: Act against radical tenancy changes
2 March 2020 - New Zealand’s 290,000 rental property owners should resist radical changes to the Residential Tenancies Act both by submission and by their vote in this year’s election, argues Tenancies War spokesman Mike Butler.
Manawatu on the move
28 February 2020 - Skyrocketing values and a serious supply shortage characterise the Palmerston North and Feilding markets, writes Joanna Jefferies.
Tenancy reform submissions due March 25
26 February 2020 - Worried about the government’s tenancy law reforms? You’d better speak up soon because there’s under a month to make a submission on the legislation.
The cost of overstaying tenants
26 February 2020 - Getting tenants to leave a rental property at the end of a tenancy can be problematic. Here’s a new Tenancy Tribunal ruling which serves as yet another example.
RTA reforms pile pressure on landlords
24 February 2020 - Less rental properties and higher rents could result from the reforms contained in the Residential Tenancies Amendment Bill, both Opposition MPs and government officials are warning.
Regions lead the price growth pack
24 February 2020 - Provincial markets stole the asking price spotlight from the main centres in January, according to the latest Trade Me Property Price Index.
Full steam ahead for tenancy reforms
21 February 2020 - Landlords won’t have long to have their say on the government’s tenancy law reform proposals after Parliament voted that the Select Committee dealing with the legislation should report back by 22 June.
The new face of the NZPIF
20 February 2020 - There’s been a changing of the guard fronting the NZ Property Investors Federation (NZPIF), with the current president taking over as executive officer from Andrew King.
Heartland launches reverse mortgages for investors
19 February 2020 - Heartland has expanded its reverse mortgage business and will now lend against investment properties and second homes, as the product becomes more popular in New Zealand.
Strong start for market in 2020
18 February 2020 - Auckland’s housing market has surged back into the game with its busiest January in four years, new REINZ data reveals.
Tenancy reform bill hits Parliament
17 February 2020 - Controversial tenancy law reforms, in the form of the Residential Tenancies Amendment Bill, were introduced into Parliament on Monday and property industry players are not happy about it.
REINZ & NZPIF join up to battle RTA changes
16 February 2020 - Concerns about the government’s proposed tenancy law changes are running high and this has prompted REINZ and the NZPIF to join forces to fight them.
Government brokers to match landlords with tenants
14 February 2020 - A newly established housing broker service will be reaching out to private landlords to get them on board to support the government’s $300 million homelessness action plan.
Rental contaminated, not damaged by meth
11 February 2020 - Establishing meth contamination of a rental property, and working out the penalties for any damage, can be a complex business these days - as a recent Tenancy Tribunal decision illustrates.
Headwinds for the commercial market
10 February 2020 - Tightening credit conditions could impact on New Zealand’s booming commercial property market, according to the Property Council’s chief executive.
COMMENT: Checking in on insulation
7 February 2020 - Sizzling summer temperatures might be hitting towns all round New Zealand yet the insulation of rental properties remains a hot topic, writes NZ Property Investor editor Miriam Bell.
Steady demand makes for rising values
5 February 2020 - The property market recovery just keeps stepping up the pace, with QV’s latest data revealing that all sixteen of the major cities they monitor saw quarterly value growth in January.
New growth cycle for Auckland
4 February 2020 - It’s confirmed: Auckland’s housing market is entering a new growth cycle with Barfoot & Thompson’s latest data revealing a stellar start to the year.
Don't use KiwiSaver for investment property - yet
4 February 2020 - The Interim Retirement Commissioner’s proposal to allow KiwiSaver first-home withdrawals to be used for investment properties came tantalisingly close but didn’t quite make it to the recommendation phase.
Could a shift in the listings shortage be coming?
3 February 2020 - More properties are coming on to the housing market but there’s still a nationwide shortage with the number of homes for sale down by over 20% year-on-year.
SuperCity rents moving up - slowly
31 January 2020 - Auckland rents may be high but they’re not going up at the rate often suggested, with new data showing rental prices rose more slowly in 2019 than in previous years.
COMMENT: The truth about flexible workspaces
30 January 2020 - Think you know about flexible workspaces? Odds are - you don’t, so IWG's Alexander Sykes* busts some myths about flexible workspaces for curious landlords.
Australian giant in Augusta takeover bid
29 January 2020 - Commercial property investment company Augusta Capital today announced a surprise takeover bid from Australian listed Centuria Capital.
Confidence in rental returns at new low
29 January 2020 - Belief that rental property will provide the best investment returns has fallen to a 15 plus year low, the latest ASB Investor Confidence Survey reveals.
Why house price growth will continue
28 January 2020 - House price inflation is unlikely to radically slow this year after a strong end to 2019, according to leading economist Tony Alexander.
Looking outside the box
27 January 2020 - The property market is heating up again – and that means more competition for good deals – but there are still options out there for keen property investors.
Getting heating right
24 January 2020 - Heating requirements for rental properties are currently a source of confusion for many landlords and property managers so REINZ has issued a reminder of what is required.
Demand for rentals running hot
23 January 2020 - Rents are set to rise to record highs as new Trade Me Property data shows demand for rental property nationwide has continued to grow.
A decade of property price growth
23 January 2020 - Recent years have seen some spectacular house price growth around New Zealand but just how much have asking prices gone up in different markets over the last 10 years?
Upping the ante on price growth
22 January 2020 - ANZ economists have become the latest commentators to revise up their house price inflation predictions and are now picking 8% growth by mid-2020.
Call for apartment law reform petition support
17 January 2020 - The campaign to reform apartment law is heating up once again with National MPs urging property owners to sign a petition calling for changes to the law.
Highest sales in December for three years
16 January 2020 - New Zealand’s property market ended the decade on a high with new REINZ data putting sales at their highest volume in years and median prices up around the country.
Evidence needed to support Tribunal claims
13 January 2020 - Landlord concerns about tenants angling for legal compensation for problems with their rental properties might be allayed a little by a recent Tenancy Tribunal ruling.
Proptech the future for commercial investment
9 January 2020 - Commercial property start-up Jasper is the new kid on the block but some have asked how it differs from traditional property syndicates. Jasper’s founders explain the points of difference for us…
Book excerpt: Financial Freedom - 5 Steps 5 Years
6 January 2020 - Property investment is the way to financial freedom, argues property investment mentor Lucia Xiao* in her new book which aims to help people take control of their lives. Here’s an excerpt from her book…
COMMENT: What lies ahead in 2020?
3 January 2020 - It’s that time of year when we are all contemplating what the year ahead has in store… So here’s GRA managing director Matthew Gilligan’s property market predictions for 2020.
Hot demand in Hawke’s Bay
31 December 2019 - A severe housing shortage in Napier and Hastings means house values and rents are on the rise, writes Joanna Jefferies.
COMMENT: Off-the-plan investing in 2020
27 December 2019 - Interested in the idea of investing off-the-plan? Propellor Property Investments founder Nikki Conners* explains what you need to know about off-the-plan investing going into 2020.
Bachcare convicted of misleading consumers
20 December 2019 - Misleading consumers – via the editing and withholding of online reviews - has earned holiday rental accommodation company Bachcare a conviction and a hefty fine.
Commercial confidence at three year high
19 December 2019 - Booming regional centres are driving positivity in the market and that’s left commercial property investors more confident than they have been in three years.
Strong market upturn picked for 2020
18 December 2019 - Expect price growth to hit 7% by April 2020 as the housing market continues its emphatic upturn, Westpac’s chief economist says.
Share your views on property investing
17 December 2019 - It's that time of the year where we run the NZ Property Investor's survey of investor. Take part and be in to win.
New infrastructure funding tool announced
16 December 2019 - Funding for infrastructure in new developments has long been a bottleneck in the drive to boosting housing supply so the Government is introducing a new tool to address the problem.
Record prices see upturn gathering pace
13 December 2019 - New Zealand’s housing market resurgence continues to gain momentum with the latest REINZ data showing record prices around the country.
Who loves apartments the most
12 December 2019 - New Zealanders may have finally started to embrace apartments as homes but it is investors who buy them the most, according to new analysis from CoreLogic.
Defining “clean and tidy”
10 December 2019 - The issue of exactly how clean and tidy rental properties should be when tenants vacate has long been a battleground but a recent Tenancy Tribunal decision provides some guidance.
COMMENT: Landlords obligations to tenants
10 December 2019 - Do landlords have moral and social obligations towards their tenants, asks Auckland Property Investors Association vice-president Peter Lewis.
Buyer sentiment at seven year high
9 December 2019 - Housing market expectations have improved significantly in ASB’s latest Housing Confidence Survey – and record low interest rates are playing a major part in that.
Share your views on property investing
4 December 2019 - It's that time of the year where we run the NZ Property Investor's survey of investor. Take part and be in to win.
Values pick up the pace
4 December 2019 - There’s a more upbeat feel to the property market and it’s obvious in this month’s QV data which has values firmly on the rise.
Auckland’s November sales at four year high
3 December 2019 - Sales activity continues to improve in Auckland with new Barfoot & Thompson data revealing their best November sales numbers since 2015.
Supply remains tight nationwide
2 December 2019 - Many regional markets hit record high asking prices in November but that’s not deterring property-seeking Aucklanders, Realestate.co.nz’s latest data shows.
Wellywood on the rise
29 November 2019 - Wellington Central property is in high demand, despite challenges faced by the apartment market, writes Joanna Jefferies.
Commercial disrupter proves popular
28 November 2019 - New commercial property disrupter, Jasper, has hit the ground running with their first investment offering achieving full subscription in just 36 hours.
LVRs kept on hold
27 November 2019 - The Reserve Bank has kept its LVR speed limits on hold amid fears low interest rates "could lead to a resurgence in higher-risk lending".
COMMENT: Unlawful premises – moving past Anderson v FM Custodians
26 November 2019 - Curious about the law around the use of non-residential property for residential purposes? Auckland Property Investors Association member Kristine King* explains the situation now that there’s new legislation in place.
LVR restrictions to stay put: Westpac
25 November 2019 - Westpac economists believe the Reserve Bank will keep LVR speed limits at their current levels, amid fears over house price stability.
SFO deception charges for investors
22 November 2019 - Four Auckland property investors have been charged with fraudulently obtaining millions of dollars in home loans.
Pre-summer pick up for rental market
22 November 2019 - The rental market is heating up for summer with both tenant demand and rents on the rise around the country, new Trade Me data suggests.
COMMENT: Removing 90-day notices - the impacts
20 November 2019 - Being a successful landlord is all about managing risk but getting rid of “no cause” 90-day’ notices means risk will skyrocket, argues NZ Property Investor Federation executive member Brian Kerr.
Mortgage rates may be at cycle low: ASB
20 November 2019 - Take note, investors: It is "quite possible" fixed rate mortgages have hit their lowest point in this cycle, according to economists at ASB.
Key reform will only protect bad tenants
18 November 2019 - Getting rid of “no cause” termination notices only serves to protect bad tenants and will have a negative impact on the broader community, not just landlords, according to landlord advocates.
Changes to RTA announced
17 November 2019 - The Government announced its long awaited tenancy law reforms on Sunday and they mean that landlords will no longer be able to get rid of tenants without reason.
ComCom warning for property trader
15 November 2019 - A property trader, who has attracted unfavourable media attention in recent years, has received a formal warning from the Commerce Commission.
Record prices round NZ
14 November 2019 - It looks like the sleeping giant of New Zealand’s housing market could be stirring, with new REINZ data showing that both sales and prices in Auckland are up.
More than fair “wear and tear”
12 November 2019 - Proving tenant liability for damage has long been a major worry for landlords but a recent Tenancy Tribunal ruling shows that it can be done.
Southland “standout” region for investors
11 November 2019 - Investors looking for both strong capital gains and good rental yields should head to Southland – if they heed the results of new REINZ research.
The getting of wisdom
11 November 2019 - Landlords concerned about the increasing amount of rules and regulations it’s necessary to comply with can now get training to help them out.
Low property expectations
7 November 2019 - Confidence in investments across the board has fallen to a three and a half year low – and a decline in sentiment about housing has played a big part in this.
Record low rates fuel market resurgence
6 November 2019 - A widespread resurgence in value growth of late means that all eyes are now on the Reserve Bank’s next OCR call which could give the market another push.
COMMENT: The truth about tenancy terminations
5 November 2019 - The Government wants to get rid of “no-cause” tenancy terminations. Auckland Property Investors Association vice president Peter Lewis explains why that is a bad idea.
SuperCity on the rise?
4 November 2019 - Auckland’s housing market saw a noticeable increase in sales in October – and it’s due to an increase in listings, according to Barfoot & Thompson’s managing director.
Tight supply, rising prices
1 November 2019 - A significant year-on-year drop in the total number of houses on the market nationwide could start to drive up asking prices going forward, new Realestate.co.nz data suggests.
Strong growth in multi-unit dwelling consents
31 October 2019 - The number of dwelling consents being issued just keeps going up, with September seeing the highest number in any 12-month period since the year to October 1974.
Boiling Hot Property
31 October 2019 - A supply shortage and accessible price points mean demand for investment properties in Rotorua is red hot, writes Joanna Jefferies.
Demand challenges for commercial sector
31 October 2019 - Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.
Smaller properties, better rent growth
29 October 2019 - Two-bedroom properties and central city apartments are seeing the strongest growth in rents in the Auckland region, new Barfoot & Thompson data reveals.
LVR loosening likely - ANZ
23 October 2019 - LVR restrictions were never meant to be a permanent feature of New Zealand’s housing market and ANZ economists argue that some further relaxing of them could soon be on the cards.
Strong meth suspicions call for testing
21 October 2019 - Panic around the meth contamination of rentals has diminished, but a Tenancy Tribunal decision reinforces that landlords still have an obligation to test properties when contamination is suspected.
[The Wrap] Millennial investors, KiwiSaver and property investment
19 October 2019 - It was a surprise to see the Retirement Commissioner drop a press release suggesting KiwiSaver should be able to be used to buy investment property.
Surge in rental demand in Palmerston North
18 October 2019 - Palmerston North’s rental market is running hot with enquiries about rental properties skyrocketing up by 50% year-on-year in September, new Trade Me Property data shows.
COMMENT: Sign of changing times
17 October 2019 - Fletcher Building opened a flash, new, high tech, prefabricated house building factory yesterday. Great things are expected of it, but Miriam Bell ponders what it means for your average investor.
Return to market form
15 October 2019 - There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.
Allow KiwiSaver withdrawals for investment properties
15 October 2019 - KiwiSaver rules should be relaxed so that first home withdrawals can include investment properties, the Interim Retirement Commissioner is proposing.
Prefab changes don’t address finance issue
14 October 2019 - Reforms to the Building Act will make it easier to carry out a prefab build - but it will be large scale projects that benefit rather than smaller-scale investor projects.
New ring-fencing rules in play
11 October 2019 - Landlords - don’t forget about the Government’s changes to the rules around the ring-fencing of rental losses as they are now in force, Inland Revenue is warning.
Collaboration key to urban development
11 October 2019 - Central and local government and industry must work together to ensure that the Government’s proposed new urban development strategy is successful.
Green light for property investment crowdfunding
9 October 2019 - The Financial Markets Authority (FMA) has approved a secondary market for The Property Crowd and that enables the residential property crowd funder to relaunch its trading platform.
COMMENT: Getting to grips with tenancy disputes
7 October 2019 - Widespread ignorance of tenancy law is behind current representations of residential tenancy disputes which feature tenants as victims, writes Auckland Property Investors Association vice president Peter Lewis…
Airbnb room rental not bylaw violation
4 October 2019 - Renting a spare bedroom on Airbnb was a breach of the tenancy agreement but it did not constitute an unlawful act - under a local body by-law - by the tenant, the Tenancy Tribunal has found.
Spring bounce in Auckland market
2 October 2019 - There was an increase in activity in the Auckland housing market over September with both new listings and sales up, according to Barfoot & Thompson.
Signs of life in market
2 October 2019 - They might be tentative but there are signs the property market is strengthening with new QV data showing that most main urban areas have seen a lift in values.
New listings remain limited
1 October 2019 - There was no uptick in market activity in the first full month after the Reserve Bank’s big OCR cut, with listings still at low levels, realestate.co.nz’s latest data shows.
COMMENT: Let the buyer beware! But what about the seller?
1 October 2019 - Where would you stand if a property you have contracted to buy or sell is damaged on or before the settlement day? Buddle Findlay* partner John Buchan and senior associate Julia Gabrielle explain.
Consents up again in August
30 September 2019 - Ongoing growth in the number of new dwellings being consented demonstrates an increasing focus on densification particularly in Auckland.
Bad behaviour behind most 90-day notices
27 September 2019 - Getting rid of “no cause” terminations won’t benefit good tenants but it will help bad tenants - as most 90-day notices are due to poor tenant behaviour, landlords are warning.
LVR limits slow down investors
26 September 2019 - LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.
Govt must regulate property managers - REINZ
25 September 2019 - REINZ has stepped up its campaign to introduce national regulation for property managers with the launch today of a new website devoted to the cause.
No stopping Capital price rises
23 September 2019 - There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
New Government housing agency established
20 September 2019 - It’s official: the Government’s new urban development and housing authority, Kāinga Ora, has been given the go-ahead after the necessary legislation passed its third reading in Parliament this week.
PMG closes fund early as oversubscribed
20 September 2019 - PMG Property Funds Management has closed its latest offer ahead of schedule due to unprecedented interest from investors. The Pacific Property offer raised...
The truth about flipping
19 September 2019 - Claims about the sky-high gains generated by property flippers ignore the costs and taxes that come with trading properties – and that means the profit assumptions are wrong, property experts say.
Price fixing earns Ronovationz $400k penalty
18 September 2019 - Property investment guru, Ron Hoy Fong’s, company has been handed down a $400,000 penalty by the High Court after admitting to price fixing in Auckland’s real estate market.
NZ proptech start-up scores major investor
17 September 2019 - Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
COMMENT: Prospects strong for yielding assets
16 September 2019 - Commercial property can offer investors better options as the search for yields intensifies so NZ Mortgages & Securities director James Kellow provides his rundown on the outlook for the commercial market.
Sales fall highlights sluggish market
13 September 2019 - The Reserve Bank’s dramatic OCR cut in August was meant to prompt a pick-up in the housing market but new REINZ data shows sales have slumped again.
Changing the game
11 September 2019 - Investors keen to minimise the costs that come with selling properties might want to look to a new real estate agency which is aiming to disrupt the industry.
Ronovationz faces $400k fine for price fixing
9 September 2019 - “Super” investor Ron Hoy Fong’s property coaching company, Ronovation Ltd, is staring down the barrel of a hefty $400,000 fine for price fixing.
What Aucklanders value in property
6 September 2019 - Properties with more permissive zoning have clearly higher values, according to new research from Auckland Council’s Chief Economist’s Unit.
COMMENT: How much is too much
5 September 2019 - New regulations around rental properties mean that being a landlord is becoming increasingly unattractive. Auckland Property Investors Association vice president Peter Lewis asks how much is too much…
Decline in value growth slows
4 September 2019 - Property value growth nationwide has been waning for months. But now QV’s latest data suggests the rate of decline is starting to ease up.
Hints of market resurgence
3 September 2019 - Lower interest rates are prompting renewed interest in the property market with Realestate.co.nz reporting a surge of activity in August.
Mortgage servicing rate cuts
2 September 2019 - Several banks have cut their servicing rates recently, with more expected to follow, and advisers believe such changes will mean more for borrowers than low rates do.
Gisborne grows up
30 August 2019 - Tairawhiti Gisborne is experiencing growth late in the cycle, and there are still accessible opportunities for investors, writes Joanna Jefferies.
Commercial property focus for new non-bank lender
30 August 2019 - There’s a new commercial property non-bank lender on the block after two New Zealand property and investment heavyweights joined up with an Australian property finance company.
Build-to-rent momentum grows
29 August 2019 - The Government needs to better enable the growth of New Zealand’s fledgling build-to-rent sector if it wants to alleviate the country’s housing shortage.
COMMENT: The dangers of neglecting code compliance certificates
28 August 2019 - It’s a legal requirement for commercial buildings to have a Code Compliance Certificate yet many don’t. Building compliance expert Rosie Kilip explains why this is not a good thing...
The staggered rise of big city rents
27 August 2019 - Rents in Auckland and Wellington are up from this time last year – but they have been flatlining in recent months, according to new data from Trade Me Property.
Are property investors returning to the market?
26 August 2019 - Property investors are said to be returning to the housing market, CoreLogic says but, if they are, it’s not evident in the Reserve Bank’s latest mortgage lending data.
Housing market confidence growing
26 August 2019 - The housing market could be turning a corner as a new ASB survey shows that price expectations and buyer confidence are both on the rise.
New policy to address “failing” cities
21 August 2019 - Restrictive planning laws mean New Zealand cities are “failing” so the Government has announced a new urban development initiative to tackle the problem.
Low rates boost NZ’s housing affordability
21 August 2019 - Declining house prices and low interest rates have improved housing affordability across New Zealand over the first half of 2019, a new report from Moody’s Investors Service shows.
A tale of two cities prices
20 August 2019 - Asking prices in Auckland continue to decline while Wellington’s asking prices are still running hot, according to the latest Trade Me Property Price Index.
New privacy guidelines welcomed
19 August 2019 - Confusion over what information landlords can ask for when selecting tenants should be eased by a new set of guidelines from the Office of the Privacy Commissioner (OPC).
Development focus for new Hamilton-Auckland partnership
16 August 2019 - Investors looking for future growth hotspots should keep an eye on the “Hamilton-Auckland Corridor” after New Zealand’s first urban growth partnership was signed on Thursday.
Stronger market on the cards
13 August 2019 - Those predicting a property market crash might have to reconsider as the latest REINZ data reveals signs of an improving market nationwide, including an increase in sales activity.
Improvements in affordability nationwide
9 August 2019 - Lack of affordability has long been a problem for New Zealand’s housing market, but a new report suggests the tide could be turning.
Tenants need to know about insurance
7 August 2019 - Take note landlords – if you are worried about liability for tenant damage, the time to talk to your tenants about insurance is now.
Affordability key to value growth
7 August 2019 - Whether values are going up or down in markets around the country, new QV data highlights that affordability – or the lack of – is a key determinant.
Tribunal fines landlord for insulation fail
7 August 2019 - Failure to install insulation into a rental property by the July 1 deadline has earned a Bay of Plenty landlord a $1,500 penalty and a work order.
Investor confidence in property softens
5 August 2019 - There have been some positive housing market developments of late but they haven’t served to boost investor confidence about residential rental property.
Greens renew call for tougher tenancy laws
4 August 2019 - Getting rid of no cause rental terminations and the introduction of a Warrant of Fitness for rentals are critical parts of the Green Party’s renewed focus on housing announced at their Annual Conference over the weekend.
Lower prices driving Auckland sales
2 August 2019 - The Auckland market may be down but it’s not out: the city’s largest real estate agency is reporting a surge in sales volumes in July.
Pushing up the national average price
1 August 2019 - The main centres used to drive New Zealand’s market but it was strong provincial markets that contributed to the national average asking price’s rise in July.
Pace of rent growth slows in Super City
31 July 2019 - Auckland rents might be steep but new data from Barfoot & Thompson reveals the rate they are increasing at has been slowing for the last three years.
Auckland consents hit all time high
30 July 2019 - The Super City has seen the number of new dwelling consents being issued surge to a record high - but economists believe house building activity is nearing its peak.
COMMENT: The coming rental housing crisis
30 July 2019 - Failure of government to reverse policies will result in a calamitous fall in houses to rent and escalating rents in a crisis unseen since the 1930’s, writes veteran property investor Jonathan Bidmead.
Rental stock can’t match demand
29 July 2019 - Pressure continues to build in the rental market as Trade Me Property’s latest rental data shows soaring demand and a decline in available stock.
New tenant damage, meth measures are only partial solutions
26 July 2019 - Changes to the legislation around tenant damage and meth contamination have been years in the making but now they are finally here are they any good for landlords?
Tenants liable for careless damage – to a point
25 July 2019 - Tenants will now have to take some responsibility for careless damage to rental properties after the Residential Tenancies Amendment Bill (No. 2) passed its final reading in Parliament on Wednesday.
The costs of rental policy changes
24 July 2019 - The deluge of policy changes to the regulations governing rental property are a key headwind for the housing market, according to ANZ economists.
Asking prices defy winter odds
22 July 2019 - There’s little sign of the traditional winter slowdown in Trade Me Property’s new data with strong demand pushing asking prices up in many markets around the country.
A world of declining yields
21 July 2019 - There was gold in regional rental yields in recent years but that’s changing as property prices in smaller markets go up and their yields go down.
It’s all about supply
19 July 2019 - New Zealand’s housing shortage is getting worse, not better, and that’s why huge price falls are unlikely going forward, according to Kiwibank economists.
Mum & Dad investors on the rise
18 July 2019 - Tax and housing policy changes seemed likely to deter smaller investors but new CoreLogic research shows their market share is actually increasing.
Bachcare charged with misleading consumers
16 July 2019 - The Commerce Commission alleges the online holiday rental booking platform has manipulated online user reviews it has received.
Super City changes enabled by Unitary Plan
16 July 2019 - Investors – take note: Auckland’s housing stock is changing with nearly two thirds of the new dwelling consents in May for apartments and townhouses.
Changes to quake prone building system
15 July 2019 - Owners of earthquake-prone buildings (EPBs) will now be able to conduct modest building alterations without having to undertake seismic strengthening work at the same time.
Shining the light on unit titles
12 July 2019 - The unit title sector is one of the most misunderstood areas of property ownership so Tenancy Services has launched a new website to help out those affected.
Five year low for sales
12 July 2019 - Sales volumes nationwide tumbled to a five year low in June’s REINZ data, highlighting that the heady days of the property market’s boom are winding down.
Mixed post peak value bag - REINZ
10 July 2019 - National property values continue to fall with the rate of annual growth dropping from 3.8% in June 2018 to 1.7% in June 2019, the latest REINZ House Price Index reveals.
COMMENT: Loss ring-fencing ups war on renters & owners
10 July 2019 - New rules around the ring-fencing of rental property losses came into force late in June and Stop the War on Tenancies spokesman Mike Butler believes they’ll have a negative impact on the rental market...
ComCom takes Ronovationz to court
8 July 2019 - Property investment guru Ron Hoy Fong’s company is being prosecuted by the Commerce Commission over allegations of price fixing.
Getting end of tenancy clean ups right
5 July 2019 - Confusion over what leaving a property “reasonably clean and tidy” at the end of a tenancy means has prompted a call for prescriptive guidelines from Tenancy Services.
Those who benefit should pay
5 July 2019 - Property owners who benefit from new public infrastructure projects could end up paying a tax on their gains – if new Productivity Commission recommendations get adopted.
Join the office space revolution
4 July 2019 - Flexible working spaces are more than just a fleeting trend and the launch of a new co-working serviced office franchise programme will open up the market to investors.
Values on the edge of town
3 July 2019 - It’s best to look to the outskirts of the main centres for value increases these days as value growth continues to slow around the country.
Limited stock makes for muted market
2 July 2019 - It has the lowest amount houses available to sell in nearly a year, but Auckland’s biggest real estate agency sees positive trends in the market.
COMMENT: The Sound of One Hand Clapping
2 July 2019 - Two of our Lords and Masters have recently been laid low yet landlords are still treated as the problem rather than part of the solution, argues Auckland Property Investors Association vice president Peter Lewis…
Prices under pressure
1 July 2019 - Supply squeeze is continuing to put pressure on asking prices with new Realestate.co.nz data showing four regions hitting record high prices.
Insulation D-Day
1 July 2019 - Today’s the day that all rental properties must have ceiling and underfloor insulation under the Residential Tenancies Act – and it looks like the majority will be compliant.
The takeover: more mortgages for FHBs
28 June 2019 - First home buyers have now taken over from investors in the mortgage lending stakes, new Reserve Bank data reveals.
10 market predictions for the rest of 2019
28 June 2019 - It’s been an eventful year for the residential property market so far but now’s a good time to look at what might be in store for the rest of 2019, declares Core Logic senior property economist Kelvin Davidson.
No monolithic cladding, no price stigma
27 June 2019 - Investors worried about the value of a leaky home they own can take heart from new research showing there’s no price stigma when it comes to tactically remediated properties.
Foreign buyer ban impacts Queenstown Lakes
27 June 2019 - The foreign buyer ban impact was felt the most in Queenstown Lakes, but despite slowing growth, the market has attractive features for buyers, writes Joanna Jefferies.
COMMENT: The compliance struggle
26 June 2019 - For many property investors, the end goal is setting themselves up for retirement – but new requirements are making that harder. Investor Dale Young explains how his retirement project is turning into a compliance nightmare...
It’s not just about mortgage rates
24 June 2019 - Historically low mortgage rates might boost the housing market but they are not the only factor at play in the market, according to ASB economists.
Transforming commercial investment
18 June 2019 - Many investors are switching from residential to commercial property and now a new platform aims to makes access to the sector easier.
Urgent building law reform needed - Goff
17 June 2019 - Problems with building law have long been rife. Now Auckland’s Mayor is calling for radical reform of the Building Act and Code to deal with the housing crisis.
Regional markets step up the pace
14 June 2019 - [UPDATED] Price growth in regional housing markets has stepped it up again with Gisborne accelerating at the front of the pack, new REINZ data shows.
Market rebound coming - Westpac
13 June 2019 - The cancellation of a capital gains tax combined with lower mortgage rates will be game changing for the housing market, believes Westpac’s chief economist.
COMMENT: Ditching Accommodation Supplement not the answer
12 June 2019 - Tenant advocates have long claimed the Accommodation Supplement benefits landlords over tenants but those demanding it be scrapped are ignoring some relevant facts, says NZ Property Investors Federation executive officer Andrew King.
Call to license landlords
10 June 2019 - There’s a fresh demand for the mandatory licensing of landlords – and this time it comes from property manager representatives.
Super City sales down 20% on last May
6 June 2019 - Residential sales activity in the Auckland region remains subdued, with Barfoot & Thompson revealing that its sales fell by 20% year-on-year in May.
Serial failure to lodge bonds earns massive fine
6 June 2019 - The importance of lodging tenants’ bond money is demonstrated by a new Tenancy Tribunal ruling which orders an Auckland landlord to pay nearly $180,000.
Manage your value expectations
6 June 2019 - Property owners thinking of selling up are being told to manage their expectations as the latest QV data highlights that New Zealand’s housing market is slowing, but steady.
Tale of two halves
4 June 2019 - Over half of the North Island’s regions registered falls in their average asking price in May – in contrast to the South Island, the latest Realestate.co.nz data reveals.
COMMENT: Tenant selection turned into a lotto draw
1 June 2019 - The Privacy Commissioner has created a lotto draw for tenant selection with the recent release of some ill-conceived guidelines, writes property management consultant David Faulkner.
What’s up with home building?
30 May 2019 - More new dwellings desperately need to be built but recent construction data and outlook releases leave us asking what is going on in the residential building sector.
Don’t wait - get compliant
30 May 2019 - Radical, costly and with issues? Yes. But the new Healthy Homes minimum standards are warranted and will improve New Zealand’s housing stock, according to one property management consultant.
Riding out the cycle
29 May 2019 - Fasten your seatbelts – the market is heading to the bottom of the cycle, but one property expert says that serious investors shouldn’t panic if prices fall.
Golden rates age set to last
28 May 2019 - There’s no need to worry about interest rates in connection to mortgage debt for the next few years, according to Kiwibank’s chief economist.
Gloomy expectations around Super City
27 May 2019 - Auckland house price expectations have turned negative for the first time since 2009 with a new ASB survey turning in a gloomy outlook on the market.
Applying for a tenancy like applying for a job
25 May 2019 - Credit checks should only be conducted after someone becomes the preferred candidate for a tenancy - not in the early stage of the application process, according to the Office of the Privacy Commissioner.
Credit check ban unreasonable
23 May 2019 - Preventing landlords from running credit checks on prospective tenants - as mandated by new privacy guidelines - is not reasonable, tenancy experts say.
COMMENT: Why the new standards are not the answer
23 May 2019 - The final version of the Government’s new Healthy Homes minimum standards came out last week. Stop the War on Tenancies spokesman Mike Butler tells us what he thinks about them…
What landlords can't ask tenants
22 May 2019 - Think you know what you can ask a prospective tenant? It might pay to check out the Privacy Commissioner’s new guidelines to see if what you are asking really is acceptable.
Warning: insulation deadline looming
21 May 2019 - Landlords take note: there’s only 40 days left to insulate rental properties before a $4,000 fine from the Ministry of Business, Innovation and Employment (MBIE) comes into play.
Wellington City price glow spreads
20 May 2019 - Remember Auckland’s “halo effect”? Well, it’s happening again but this time it’s at play in the Wellington region as the capital’s market powers along.
Don’t count on a market upturn
17 May 2019 - It’s been a spectacular run for the market but this property cycle has done its dash and recent positive developments aren’t likely to cause a major upturn, one top economist says.
Rental property confidence dims
15 May 2019 - Confidence in rental property as an investment option is flatlining nationwide – thanks to the uncertainty surrounding the housing market.
NZ sales on downbound train
14 May 2019 - There’s no escaping the downward trend in sales exposed by new REINZ data but some commentators believe last week’s OCR cut could counter the fall.
It’s the law: Healthy Homes standards
13 May 2019 - The Government’s Healthy Homes minimum standards will be law from 1 July 2019 – even though their final form won’t be released until later this week.
COMMENT: Ring-fencing impact likely to be limited
13 May 2019 - The new rules around the ring-fencing of rental losses are unlikely to cause a sea-change in investor behaviour, according to CoreLogic senior property economist Kelvin Davidson.
Who loves property the most?
11 May 2019 - New Zealanders love buying property – despite popular hostility to investors – and so too do our elected representatives. This year’s register of MP’s pecuniary interests reveals how much.
Opportunity in Auckland bitcoin house sale
10 May 2019 - Investors keen to convert some digital currency into a hard asset should check out New Zealand’s first official bitcoin house sale
OCR cut to boost market
9 May 2019 - New Zealand has never seen the Official Cash Rate (OCR) go so low. Now commentators are saying it will reignite the cooling embers of the property market.
Beware unauthorised trades work
8 May 2019 - Property owners are being warned not to fall into the trap of using unlicensed people to conduct plumbing work on renovation projects.
No let-up in Kiwis love for property
7 May 2019 - Property investors get a bad rap and yet nearly half of New Zealanders believe property is the best way to generate wealth for retirement.
COMMENT: Punishing landlords won’t solve crisis
6 May 2019 - The capital gains tax debate is over, but landlords are still being scapegoated as the focus turns to Healthy Homes, argues Auckland Property Investors Association vice president Peter Lewis…
Tardy repairs earn $2000 fine
3 May 2019 - Slow action on a leaky roof has earned a property management company and an absentee landlord a fine and a reprimand from the Tenancy Tribunal.
Gone: foreign buyers leave market
2 May 2019 - Overseas buyers have dropped out of the market with new Stats NZ data revealing that the number of property transfers they are responsible for has plummeted this year.
Market uncertainty thumps Auckland sales
2 May 2019 - Uncertainty around prices and the spectre of a capital gains tax had a hefty impact on Auckland sales volumes in April.
Gateway to returns
2 May 2019 - Upper Hutt has long been overlooked as an investment option but its affordable prices, strong yields and tight rental market mean it is now attracting attention, reports Miriam Bell.
SuperCity back to “old normal”
1 May 2019 - The Auckland region’s average asking price dropped to its lowest level since 2016 in April, according to the latest Realestate.co.nz figures.
Regional value stars in slow market
1 May 2019 - Looking for growth areas in a modest market? New QV data shows that smaller, regional markets like Gisborne and Horowhenua are turning in the best performances.
Investor lending weak in March
30 April 2019 - The latest Reserve Bank lending data reveals investors borrowed more than $1 billion in March, the highest figure since November, but a 10% fall on the same period last year.
IAG boosts premiums to reflect risks
30 April 2019 - New Zealand’s largest general insurer will be taking more account of risk in its premiums and that means customers in disaster-prone areas will face bigger costs.
High demand makes for rent rises
29 April 2019 - Strong demand for rental properties nationwide means Trade Me Property’s latest data shows year-on-year rent rises in every region.
COMMENT: Why Takapuna is worth a look
27 April 2019 - It’s no surprise that new REINZ data shows Takapuna’s median house price has climbed 30% over the past year, writes Takapuna Beach Association chief executive Terence Harpur.
Revealed: Auckland hotspots
24 April 2019 - Auckland’s price growth might be flatlining overall but new data shows the SuperCity still has some hot spots where prices are on the rise.
New flames to fan housing market
18 April 2019 - The demise of the capital gains tax proposal and record low mortgage rates will led to a pick-up in housing demand and boost the market, ASB economists say.
CGT reprieve
17 April 2019 - New Zealand will not see the introduction of a capital gains tax after the Coalition Government was unable to reach a consensus on the issue.
Swap keys, save sale costs
17 April 2019 - Swapping house keys could be a way for investors to avoid much of the hefty costs involved in the traditional sale process.
Super City rental market star
16 April 2019 - Two-bedroom rental properties are the clear best performer across the Auckland market, new Barfoot & Thompson rental data reveals.
Low mortgage rates vs CGT
16 April 2019 - Plunging mortgage rates will stimulate the housing market but it is the prospect of tax change that will have the bigger market impact, Westpac’s chief economist says.
Rising from the ashes
15 April 2019 - INVESTOR PROFILE: Lorraine Rishworth’s marriage breakup was the catalyst for a property investment journey that’s yielded great results and allowed her to be mortgage free in her own home.
Auckland sales at lowest since 2008
12 April 2019 - Sales in Auckland plummeted by nearly 20% to the lowest number in a March month for eleven years, new REINZ data reveals - but sales activity nationwide also took a fall.
Changing world, changing property market
11 April 2019 - Technology and changes to the way people work are set to transform the commercial property sector and investors need to be attuned to these developments.
Capital gains battle heats up
8 April 2019 - There are now two declared armies in the battle over taxing capital gains, with the launch of a new pro-capital gains tax campaign on Monday.
Policy king hit
8 April 2019 - Investors have recently been dealt a double whammy with the concurrent release of the Tax Working Group’s recommendations on capital gains and the Healthy Homes minimum standards.
Yields creeping upwards
5 April 2019 - After many years in the wilderness, yields on rental properties are picking up – which should appeal to those trying to adapt to the changing property investment landscape.
Auckland a “buyers market”
4 April 2019 - Prices remain high in the Auckland region but new data from two real estate websites indicates the market has shifted to favour buyers.
COMMENT: Tax deductibility of rental property upgrades
4 April 2019 - Rental property upgrades required by the Healthy Homes minimum standards will make the area of tax deductibility even more thorny, writes Auckland Property Investors Association vice president Peter Lewis…
Realism needed in Auckland market
3 April 2019 - Auckland house prices remain stable despite muted sales activity, according to the city’s biggest real estate agency.
Brakes on value growth
3 April 2019 - Affordability constraints are applying the brakes to value growth nationwide but QV’s new data proves values are not plummeting at the rate of those across the Tasman.
Top yields in City of Sales
1 April 2019 - Investor-style apartment sale prices have taken a hit recently: does this represent an opportunity for investors? Joanna Jefferies investigates.
Investor slump continues in February
27 March 2019 - The latest Reserve Bank figures show investors borrowed just $886 million in February, down on the same month in 2017 and 2018, as first home buyers narrow the gap.
Niche options
25 March 2019 - Investors interested in a property that’s a bit different, but provides good returns, should check out one of the niche sectors on offer in the commercial sphere.
Decline in new investor mortgages
22 March 2019 - New mortgage registrations for investors have continued to slide over the past year, according to the latest Property Institute/Valocity Regional Insights Report.
Investors hold properties for longer
20 March 2019 - Public perception has it that investors spend their time flipping properties on a regular basis but new analysis shows they hold properties for longer than other buyers.
On the property beat
18 March 2019 - INVESTOR PROFILE: From the police academy to a property academy, Tua Saseve’s property journey is one with a difference and now he’s teaching others how to build a successful portfolio.
Migration confusion
15 March 2019 - Is migration into New Zealand going up or down? Stats NZ’s new migration measuring system is making it hard to tell.
CGT threat barely dents market confidence
15 March 2019 - Confidence in the market remains solid among both residential and commercial property owners – despite the threat of a capital gains tax.
Boom time in student rental market
14 March 2019 - Landlords who are active in the student rental market are reaping the benefits as the academic year kicks off, according to Trade Me Property.
Sales plunge by nearly 10%
13 March 2019 - Residential property sales nationwide took a big tumble in February – but capital gains tax related uncertainty could be to blame.
COMMENT: Capital gain vs cash flow
12 March 2019 - There are two very different types of property investors and the introduction of a capital gains tax would affect one far more than the other, explains veteran property investor Graeme Fowler.
Revisiting apartments
11 March 2019 - Kiwis are traditionally resistant when it comes to buying and living in apartments but the time is right for investors to take a fresh look at them as an investment option.
Regions driving value growth
6 March 2019 - Values continue to bubble up in New Zealand’s more affordable regions but the latest QV data shows just how much heat has come out of the broader market.
COMMENT: Property reno - where are the tradies?
5 March 2019 - What seemed like a straight-forward renovation job on a rental property left Auckland Property Investors Association vice president Peter Lewis wondering where all the tradies have gone when we need them so much…
Auckland sales lowest in 10 years
4 March 2019 - Property sales in Auckland reached new lows in February while prices were also down, according to Barfoot & Thompson’s latest data.
Garden City gears up
4 March 2019 - A plateau in values and rents has been a feature of the southwest Christchurch market for some time, but this year the market looks on the up, writes Joanna Jefferies.
NZ market more secure than Australia’s
1 March 2019 - Stability reigns in New Zealand’s property market which leaves it in a much better place than Australia’s, new data from Realestate.co.nz shows.
Scope of CGT likely to narrow
26 February 2019 - Government assurances that they are not bound by the Tax Working Group’s recommendations are increasing concerns that a capital gains tax will be applied to rental properties alone.
What you need to know about body corporates
26 February 2019 - Body corporate issues regularly turn up in court. So Auckland District Law Society president Joanna Pidgeon explains what investors need to know about them to avoid ending up in a legal battle.
Cost of standards will hit tenants
25 February 2019 - Parts of the Government’s new Healthy Homes minimum standards are not cost-effective and that will impact on tenants, according to investor advocates.
Revealed: Healthy Homes minimum standards
24 February 2019 - The Government’s minimum standards to make rental properties healthier for tenants have finally been released – but landlords will have five years to comply with them.
Outrage over CGT recommendation
21 February 2019 - Introducing a capital gains tax on rental properties will have a detrimental effect on both the rental market and house prices in the long-term, property investors warn.
Capital gains tax on the cards
21 February 2019 - The Tax Working Group (TWG) has recommended that income from capital gains – especially those made on residential rental properties – should be taxed more.
Capital gains tax on the cards
21 February 2019 - The Tax Working Group (TWG) has recommended that income from capital gains – especially those made on residential rental properties – should be taxed more.
War over capital gains tax begins
19 February 2019 - An anti-capital gains tax campaign was launched by ACT on Tuesday – even though the Tax Working Group’s final report is not due to be made public till Thursday.
The DIY landlords
18 February 2019 - INVESTOR PROFILE: One young Masterton couple have amassed a portfolio with 13 income streams in four years and their story proves that the DIY route is a strategy to seriously consider.
A good time to buy?
15 February 2019 - There’s slowing price growth and subdued sales nationwide – and yet a new survey shows the number of people who think it’s a good time to buy a house is at a five and a half year high.
Auckland prices at 35 month low
14 February 2019 - The City of Sails’ median price has fallen to its lowest point in over three years although there are still pockets of price growth around the region.
Song of subdued values remains the same
13 February 2019 - New data from QV leaves little doubt that property value growth is slowing around the country, but that doesn’t mean a major decline is coming.
No let-up in affordability issues
12 February 2019 - Housing affordability has improved in New Zealand’s most expensive regions but it’s deteriorating on a nationwide basis.
COMMENT: Ring-fencing rules could mean 116,000 less rentals
12 February 2019 - Ring-fencing of rental losses on rental properties could end up resulting in 116,000 fewer rentals, Stop the War on Tenancies spokesman Mike Butler cautions.
Confidence in rental property at 4 year low
11 February 2019 - Investors’ belief that rental property is the investment most likely to generate good returns just keeps diminishing, the latest ASB Investor Confidence Report shows.
Altered landscape for investors
7 February 2019 - This year’s Squirrel property investors’ survey reveals that uncertainty over government policy changes reigns supreme and that’s impacting on how investors go about their business.
Super City sales up, prices down
5 February 2019 - Acceptance that Auckland is now a buyer’s market has set in as Barfoot & Thompson’s latest data reveals a modest start to the year.
Harbourside metropolis
4 February 2019 - Strong economic and population growth and a tight rental market mean Tauranga remains an appealing option for investors, writes Miriam Bell.
Regional prices hit record highs
1 February 2019 - A lack of housing stock on the market is the driving force behind a slew of record high asking prices in markets around the country.
It’s a capital gains waiting game
30 January 2019 - Introduction of a capital gains tax might be closer than ever before but many in the property investment sector have made sure to strongly voice their opposition.
Office business
29 January 2019 - New Zealand’s office sector is currently shaped by a shortage of supply but, going forward, it’s flexible workspaces which are set to reshape the market.
Tribunal rules for landlord in damage case
24 January 2019 - Damage done to a Porirua rental property by a dozen dogs was intentional and that means the tenants have to pay, the Tenancy Tribunal has found.
Wellington rents highest in NZ
23 January 2019 - There’s been a changing of the guard in the rent stakes with Wellington overtaking Auckland as the city with the highest rents in the country.
Slow Auckland rent growth unlikely to go on
22 January 2019 - Auckland is seeing the slowest rate of rent increases in years, the city’s biggest property manager has revealed – but don’t expect it to continue.
Strategies for new investors
21 January 2019 - Whether you want to dip your toe into the market or jump right in, it pays to find out all about the top strategies for new investors.
Foreign buyer ban bites
18 January 2019 - Recent housing market data suggests the foreign buyers ban is biting – although the price impact remains uncertain, according to Westpac’s chief economist.
Drama absent from market
16 January 2019 - There’s been no dramatic changes to property values of late and the traditional holiday season slowdown is likely to be one of the reasons.
Time of change: 2019 forecast
15 January 2019 - New Zealand’s property market might be in a better place than Australia’s but investors still need to brace themselves for major change in 2019.
COMMENT: How to fix the housing crisis
10 January 2019 - Dealing with the housing “crisis” doesn’t need rocket science, just a clearly articulated set of steps and fast action, argues property commentator Ashley Church.
Time for a sea change
7 January 2019 - Nelson-Tasman is famed for its lifestyle attractions but its solid price growth and tight rental market make it a good option for investors too, writes Miriam Bell.
December rental stats available now
4 January 2019 - The latest rental data from Tenancy Bond Services is now available.
The outlook for 2019
3 January 2019 - 2019 is set to be a year of massive change as the Government’s suite of housing and tax policies start to bed in. Here’s what property market commentators have to say on the coming year…
2018 – a year of uncertainty
31 December 2018 - If last year was a year of disruption, this year was one in which the movement towards change took off – and many investors were left floundering and uncertain.
Top 5 Tribunal tips for landlords
27 December 2018 - Love it or loathe it, many landlords find they need the Tenancy Tribunal so it pays to know how it works.
Landlords urged to act on insulation
24 December 2018 - Warnings that landlords need to step up and ensure their rental properties meet insulation requirements are coming thick and fast as the year ends.
Mortgage lending to investors plummets
21 December 2018 - Investors may not be selling up en masse but they aren’t buying either – going by new data which shows the amount getting mortgage lending has dropped significantly.
Mortgage lending to investors plummets
20 December 2018 - Investors may not be selling up en masse but they aren’t buying either – going by new data which shows the amount getting mortgage lending has dropped significantly.
2018’s best performing suburbs
20 December 2018 - Curious to know which of New Zealand’s suburbs has turned in the top results in measures like value growth and rental yields? A new report tells all.
Monitoring rental home quality
19 December 2018 - Landlords concerned about whether or not their rental properties qualify as “healthy homes” can now look to new high-tech monitoring tool for help.
Healthy Homes benefits overstated - economist
17 December 2018 - Claims made about the benefits of ensuring New Zealand’s rental properties meet the Government’s Healthy Homes minimum standards are exaggerated, according to a new report.
Landlording like a parent
17 December 2018 - INVESTOR PROFILE: NZPIF 2018 landlord of the year Leilani Driessen says landlording has parallels to parenting and being a landlord has enabled her to be present for her kids.
Summer bounce means record prices
14 December 2018 - House prices hit record highs around the country – apart from in Auckland where they are flat-lining, the November data from REINZ shows.
Static Auckland rents suggest underlying problem
13 December 2018 - Overcrowding could be the real reason that Auckland rents haven’t budged for months while Wellington rents have rocketed up to match those in the SuperCity.
What lies ahead in 2019
12 December 2018 - Wondering what is in store for residential and commercial property across the spectrum in the coming year? Here’s what Colliers International New Zealand’s have to say in their annual predictions…
Has the sun set on holiday rentals?
11 December 2018 - With all the talk of increased council rates and compliance for short term rentals, do they still make investment sense? This month NZ Property Investor magazine investigates.
New record for Wellington prices
10 December 2018 - Wellington asking prices hit a new high in November – for the third month in a row, according to new Trade Me Property data.
Ring-fencing Bill hits Parliament
7 December 2018 - [UPDATED] The Bill which will put an end to the practice of negative gearing on investment properties has now been introduced into Parliament.
Strong value growth in affordable centres
5 December 2018 - Affordability is the critical factor in the ongoing strong value growth seen in a number of markets around the country, notably Dunedin and Wellington.
COMMENT: Setting policies good practice for landlords
4 December 2018 - Landlords need to establish strict policies around their rental properties rather than just winging it, Auckland Property Investors Association vice president Peter Lewis believes…
Queenstown price chill post-ban
3 December 2018 - The Central Otago-Lakes District could be feeling the effects of the foreign buyer ban with new data showing a sharp drop in the region’s average asking price.
Climate change insurance threat
30 November 2018 - Sceptical about climate change? If you own coastal property it would pay not to be, both the Reserve Bank and the Insurance Council are warning.
Boom times for Auckland consents
30 November 2018 - Residential building activity is hitting new heights in Auckland with the city now seeing the highest level of new dwelling consents being issued since the early 1970s.
Late Cycle Growth in Kapiti Coast & Horowhenua
30 November 2018 - In the south west of the North Island, property prices and rents are experiencing late-cycle growth, writes Joanna Jefferies.
Wellington rents riding high
29 November 2018 - Rents are on the rise in markets around the country – but it is Wellington’s rental market which is running red hot, new Trade Me Property data shows.
COMMENT: Embedded networks - what to watch out for
29 November 2018 - Developers are increasingly seeking to maintain control of embedded networks in apartments and that means both buyers and body corporates need to know what to watch out for, Auckland District Law Society president Joanna Pidgeon explains.
LVR easing will prompt modest growth
28 November 2018 - Don’t expect the housing market to take off at a runaway pace following the Reserve Bank’s announcement that the LVR restrictions will be eased from early next year.
LVR restrictions eased for investors
28 November 2018 - The Reserve Bank has today loosened the LVR restrictions for both investors and owners-occupiers, with changes coming into effect in January.
Halt to apartment law reform plan
27 November 2018 - There’ll be no immediate reforms to apartment law after the Housing Minister declined to adopt a new Unit Titles Bill drafted by two National MPs.
CGT would be repealed under National
26 November 2018 - If a capital gains tax is put in place by the Labour-led government, it will be repealed by a National government, National Party leader Simon Bridges says.
Belief in rental investment returns cools
26 November 2018 - New Zealand investors’ love of rental property is waning, with confidence in its potential returns now at its lowest level in four years.
Migration at lowest since 2015
22 November 2018 - The number of people moving to New Zealand is at lowest level in three years but economists say that doesn’t mean a rapid fall in migration is coming.
Growth in NZ demand for co-working space
22 November 2018 - Developing co-working and flexible spaces in commercial properties offers big opportunities for landlords, the results of a major new survey suggest.
COMMENT: War on tenancies should stop
21 November 2018 - Life for rental property owners may become tougher as Labour’s newbie Housing Minister Phil Twyford tries to “make life better for renters”, Stop the War on Tenancies founder Mike Butler warns.
Spring magic makes for price rises
20 November 2018 - Prices are on the rise around the country with every region seeing a year-on-year increase in October, Trade Me Property’s latest data reveals.
Insurance essentials
19 November 2018 - Too often investors do a quick once-over on the insurance front. But when it comes to commercial property that’s a mistake – instead it’s worth getting to grips with the fundamentals.
Fierce opposition to tenancy proposals
16 November 2018 - Nearly 100% of landlords who completed a simplified tenancy law reform submission form believe it should be possible to buy and sell properties without sitting tenants.
Landlords to bear letting fee costs
15 November 2018 - Growing numbers of property managers are announcing that they will be replacing letting fees with new charges for landlords.
Sales activity bounces back to life
14 November 2018 - The number of sales nationwide was up by 15.5% year-on-year to reach the highest level in five months in October, according to the latest REINZ data.
Infrastructure “tax” for buyers in new development
13 November 2018 - Additional infrastructure rates will be paid by people who buy properties in a newly announced housing development in Wainui, north of Auckland.
Taking the plunge
13 November 2018 - INVESTOR PROFILE: Kids TV presenter Walter Neilands had a fear of diving into property investment, but with the help of key mentors he’s built a portfolio of high-yielding properties.
PMG announces new market offer
9 November 2018 - Interested in testing the commercial property waters? Property Managers Group (PMG) has just put its largest retail offer in its diversified, unlisted commercial property fund on to the market.
Defiant Wellington values keep rising
7 November 2018 - The Capital City’s property values have been on the rise again in recent months – even though they have already increased by 45% in the last three years.
COMMENT: Landlording is a business
6 November 2018 - Governments from both sides of the political equation have failed to recognise residential landlording as a business - but it is, argues Auckland Property Investors Association vice president Peter Lewis.
Auckland market wakes from slumber
5 November 2018 - Higher sales volumes and prices characterised Auckland’s market in October, according to Barfoot & Thompson’s latest data.
Investor exodus unlikely
2 November 2018 - Disappointment is on the cards for the Government as their policy changes are unlikely to cause a mass exodus of investors from the housing market, experts believe.
Auckland yields improving
2 November 2018 - There has been a slight rebound in rental returns for Auckland landlords – but it’s not due to a rapid rise in rents.
Letting fees banned
1 November 2018 - It is no longer legal to charge tenants letting fees after Parliament today voted to pass legislation banning them from 12 December.
SuperCity now a buyers market
1 November 2018 - Take note, investors - Auckland is now a buyers’ market for the first time since 2011, Realestate.co.nz’s October data reveals.
Changing consent landscape
31 October 2018 - Record levels of new dwelling consents are still being issued but commentators say trends within the consents data reveal the changing face of residential building in New Zealand.
COMMENT: Reforms would increase rental shortage
31 October 2018 - Feelings on tenancy law reform continue to run high as MBIE considers submissions on the Government’s proposals. Here’s a summary of what landlord Naveen Goel had to say in his…
Stately southern star
30 October 2018 - Dunedin is a market of two distinct parts but its affordable prices and healthy returns make it attractive for investors, discovers Miriam Bell.
Tight supply means rent rises
29 October 2018 - A further decline in available rental properties leads Trade Me Property to warn tenants there are “ominous signs” that rent rises are on the horizon.
Don’t remove 90 day notice - NZPIF
26 October 2018 - If 90 day no cause termination notices are removed, the NZ Property Investors Federation says a “two strike” notice system should be adopted instead.
Making insurance easier
26 October 2018 - Modifying or adding to their rental property insurance has just got a lot easier for landlords – if they have a policy with Initio.
COMMENT: Have we hit the bottom?
25 October 2018 - It looks like New Zealand's property market may have reached a floor, and the worst could be over for property market activity, argues CoreLogic's head of research Nick Goodall.
Is commercial the answer?
23 October 2018 - Investors dreaming of financial freedom should look to commercial property, argues Jeff Brill who is the author of New Zealand’s first book on commercial property investment since the GFC.
Cooling migration pressure
19 October 2018 - Migration flows into New Zealand continue to ease and that should help to ease some housing market demand pressure.
Housing affordability improves
18 October 2018 - Falling house prices and historically low mortgage rates have led to an improvement in housing affordability around New Zealand.
COMMENT: Clear the red tape - get 100,000 houses
17 October 2018 - Housing and Urban Development Minister Phil Twyford must cut through the red tape if he wants to solve the housing shortage, argues Classic Developments’ Peter Cooney…
Capital price gains
17 October 2018 - Looking for capital gains? Best look to Wellington as the latest Trade Me Property data reveals ongoing strong price growth.
Unlawful tenancies back in Tribunal scope
16 October 2018 - Landlords worried about full rent refunds to tenants due to non-consented work can take hope from a new High Court ruling that challenges the precedent.
Small beginnings, big dreams
15 October 2018 - INVESTOR PROFILE: A Lower Hutt investor couple started small but they are well on the road to investment success – and now they are sharing how they got there.
Tribunal to adopt Gluckman's meth standard
13 October 2018 - The Tenancy Tribunal will, generally, accept 15 micrograms per 100cm2 as the minimum standard for meth contamination in rental properties.
COMMENT: Reform word games
12 October 2018 - Everyone is talking about residential rental reform at the moment - or are they? Here's what Auckland Property Investors Association vice president Peter Lewis has to say about it...
September sales at 7 year low
11 October 2018 - Sales activity nationwide is down to new lows with new REINZ data showing that September saw the lowest number of properties sold since January.
Calls for property management regulation grow
10 October 2018 - The Government should regulate the property management sector as part of its current reform of the rental market, according to industry insiders.
Harbour homes in on real estate
4 October 2018 - Harbour Asset Management has rolled out a new real estate PIE fund to give investors a defensive investment home.
New venture to drive down construction costs
5 September 2018 - A new business in Christchurch plans to cut the cost of new build homes for developers and buyers, and make it easier for advisers to secure financing.
Property news for brokers
31 August 2018 - It's been another quiet week for rate changes. As a bit of an FYI we now run more property investment related news on TMMOnline. It sits here in...
An update on meth standards
12 July 2018 - There continues to be confusion in the market on what appropriate standards are for meth contamination, following the bombshell report from the Government's...
Regional rents soar
21 May 2018 - Strong demand for rental properties in the regions means rents broke the seasonal trend and went up in April, new rental price data reveals.
LVR changes impact on lending
27 March 2018 - The slight easing of the LVRs appears to be encouraging investors into mortgages with new Reserve Bank data showing a pick-up in lending to investors.
Acting RBNZ Governor reignites DTI ratio debate
14 March 2018 - Outgoing Grant Spencer calls debt servicing ratios “natural complement” to existing system
Auckland property gains halved in two years
25 January 2018 - A growing number of investors are seeing the sale of their properties result in a loss rather than a profit as the property market slows.
Negative gearing to go...under Labour
15 March 2017 - It’s game over for negative gearing if the Labour Party wins power in this year’s election but an investor advocate says that it is tenants who will...
Auckland house prices down - again
13 March 2017 - Auckland’s market cooldown continued in February with another fall in median house prices but regional markets remained steady, new REINZ data shows...
Bringing clarity to meth drug haze
9 March 2017 - There are no rate changes today but this is an interesting piece on how one insurance group is dealing with meth claims. [Read On] ...
Slow down in investor lending quantified
1 March 2017 - Reserve Bank's latest mortgage lending data and highlights the housing market's slowdown.
House prices hit new records
1 February 2017 - Asking prices hit new records in markets around the country but the formerly supercharged Auckland market was not among them, according to realestate.co...
No relief in demand pressures
1 February 2017 - Another month, another record: migration levels just keep going up, with new data showing December’s inflow smashing the previous record – which keeps...
Demand for planning change
27 January 2017 - Calls for changes to planning, land supply and infrastructure funding laws have been flowing as public concern over housing issues grows. Read more. ...
Navigating shaky ground
27 January 2017 - Attention has been focused on the business risks seismic events can pose since last year’s Kaikoura earthquakes – and yet many people are still unclear about what they need to do.
Slow building consent trend concerning
20 January 2017 - Dwelling consents may have just hit a new high, but the trend is slowing – and that’s a worry, particularly for supply-strapped Auckland, economists...
Regional market in spotlight
13 January 2017 - Auckland’s housing market has had its star turn and regional markets are now moving into the spotlight, new Trade Me Property data reveals. Read more...
Further lending restrictions 'not needed'
12 January 2017 - The slower housing market means the latest LVRs are working and no more restrictions are needed, according to one real estate head. Read more. ...
Rising rates, quieter market
19 December 2016 - Higher mortgage rates will have a more sustained impact on the housing market than the LVR restrictions have, according to Westpac. Read more. ...
Rising rates, quieter market
16 December 2016 - Higher mortgage rates will have a more sustained impact on the housing market than the LVR restrictions have, according to Westpac.
Tax proposal targets property owners
8 December 2016 - Property investors are firmly in the sights of Gareth Morgan’s new political party’s freshly announced tax reform policy – but a tax specialist says...
Investor success bubbling away
29 November 2016 - Often described in the Bay of Plenty as Tauranga’s poorer cousin, Rotorua is now giving investors reasons to smile. Read more. ...
Debate rages over foreign buyer data
18 November 2016 - Debate over the presence of foreign buyers in New Zealand’s housing market has flared up once again following the release of new tax residency data....
Insuring houses tougher post quakes
17 November 2016 - Getting house insurance at settlement time has just got harder for property buyers with many insurers placing an embargo on new policies in parts of New Zealand following Sunday night’s earthquakes.
House sales drop nationwide
16 November 2016 - Residential property sales have dropped nationwide and yet median prices have set new records in several regions. Read more. ...
Drop in mortgage-free properties
15 November 2016 - New Zealand’s hot property market has led to a decline in the number of mortgage-free properties, according to new data from myvalocity.co.nz. Read more...
Pace of growth slows as LVRs impact - QV
2 November 2016 - Less established investors are looking to the regions as the Reserve Bank’s latest set of LVR rules start to impact on the market, QV’s latest data...
Investor activity down
1 November 2016 - The number of investors active in the housing market has declined significantly in recent months, new mortgage registration data shows. Read more. ...
Green light for Crown land developments
27 October 2016 - It’s full steam ahead for the government’s Crown Land Housing programme in Auckland with two progress announcements from the Housing Minister. Read...
Migration spurs housing demand
25 October 2016 - Pressure on housing demand is set to continue as the latest Statistics New Zealand data shows migration has jumped back up to record highs. Read more. ...
Market in cruise mode
20 October 2016 - Moderate growth continues to mark house prices but the property market is now levelling off, according to the latest Trade Me Property data. Read more...
Watch housing market update
17 October 2016 - CoreLogic head of research Jonno Ingerson says the Reserve Bank's lending restrictions are having an impact on the market but property investors are looking...
The state of the housing market
14 October 2016 - CoreLogic head of research Jonno Ingerson says the Reserve Bank's lending restrictions are having an impact on the market but property investors are looking for ways around them.
Tough times for Kiwi investors
11 October 2016 - Mortgage brokers are warning of steeper funding costs for investors as banks charge higher margins and the lending environment tightens. Read more...
Govt ramps up building programme
10 October 2016 - Auckland’s private housing market looks likely to be the beneficiary of a ramped up government building programme – if signals from the Finance Minister...
MPs urged to heed calls of landlords
6 October 2016 - Political solution to unjust new rules relating to tenant damage of rental properties could be on the cards – if MPs heed the call of landlord advocates...
Fixed rates start rising - slowly
5 October 2016 - This week we have had a number of lenders increase fixed home loan rates including BNZ, The Co-operative Bank, Kiwibank and NZ Home Loans. The key market...
Investors face cancellation of pre-approvals
4 October 2016 - Banks have had to cancel some preapprovals for investors, which were issued before the recent change to loan-to-value restrictions. Read more. ...
New LVR rules kick in
3 October 2016 - Banks have had to cancel some preapprovals for investors, which were issued before the recent change to loan-to-value restrictions.
The “Affordability” of Unaffordable Homes
30 September 2016 - We all seem to agree. New Zealand home prices look extremely high. But if they are so grossly unaffordable then how come so many people are willing and able to buy them?
New numbers on real estate activity
28 September 2016 - A report out this morning says that nearly half a million New Zealanders (484,000) are planning to purchase, sell the property they live in, or sell another...
Investors look to commercial market
23 September 2016 - Restrictions and pressure on residential property investors keeps growing and many investors are looking for possible solutions: commercial property is...
Top five rental hot spots
21 September 2016 - Landlords with a focus on cash flow might want to look out of Auckland and towards one of the five regional markets experiencing stellar rental growth...
Aussie property fund open to NZ
20 September 2016 - Australian commercial property fund manager Charter Hall Group has offered its unlisted Direct Office Fund (DOF) to New Zealand investors for the first time.
Severe lack of supply pushing house prices
15 September 2016 - Decline in investor activity has had a limited impact on the booming housing market – yet in Auckland prices are at a record high, new REINZ data shows...
Apartment appeal on the rise
14 September 2016 - Auckland apartments are gaining in popularity as Trade Me Property’s latest data records a spring surge in average asking prices around New Zealand....
Impact of RBNZ's latest restrictions about to be revealed
13 September 2016 - There is still little happening with home loan rate changes at the moment. A lot of focus is on the next set of REINZ data, which should be out tomorrow...
Restrict investors to new builds?
12 September 2016 - Investors could face further lending restrictions if a new plan being touted by the Property Institute gains traction. Read more. ...
Urgent housing debate derailed
8 September 2016 - The government’s efforts to extend Special Housing Area (SHA) legislation under urgency this week have been disrupted by the Opposition. Read more. ...
The truth behind multiple property owners
7 September 2016 - Investors’ share of Auckland property sales may have gone up recently, but the truth behind new data on multiple property owners is more complex than...
Latest Auckland house price data out
5 September 2016 - This week expect to hear lots about the housing market with monthly data being released. Out this morning ins Barfoot and Thompson's latest Auckland update...
Speculators, land banking - election hot topics
30 August 2016 - Property speculators and land-banking will be targeted if former Labour Party leader Phil Goff becomes Auckland’s mayor in October. Read more. ...
Developers flocking to non-bank finance
26 August 2016 - Housing supply shortage and tighter bank lending requirements mean small-scale property developers are flocking to non-bank alternatives to secure finance...
LVRs to impact on mortgage lending
25 August 2016 - New LVR restrictions seem to be affecting mortgage demand already, with the Reserve Bank’s latest residential lending data showing a big dip in mortgage...
Finding solutions to investor LVR
18 August 2016 - The Reserve Bank’s new investor-targeted LVR rules come into effect on 1 October, but there are solutions to the restrictions for investors willing to...
QV: Prices still running hot
3 August 2016 - Reports of waning interest in the Auckland market – due to sky-high prices and increased investor restrictions – may be premature with the latest QV...
BNZ moves rates; Foreign buyer report called misleading
2 August 2016 - BNZ has tweaked its one and two year Special Rates, increasing them. Meanwhile, the second report on the tax residency of people buying property in New...
No looming price crash
27 July 2016 - House prices may start to taper off in the coming years as supply finally starts to meet demand - but no one should be holding out for a huge price correction...
New lending rules shuts young people out
20 July 2016 - New Reserve Bank rules to limit lending to property investors will stop young people becoming landlords, but won’t do anything to stop those who have...
Crackdown on investor lending
19 July 2016 - The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) in the midst of the current property boom...
Reserve Bank targets investor lending
19 July 2016 - The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) to further reduce risks to financial stability arising from the current boom in house prices.
Interest rates key to affordability
15 July 2016 - Housing affordability remains at the forefront of public consciousness, but Massey University’s new affordability data shows there has been a year-on-year...
Investors boost small home prices
14 July 2016 - Investors are snapping up units and smaller houses around the country, new data from Trade Me Property shows. Read more. ...
Investors a target in tax proposals
12 July 2016 - Labour’s new property tax proposals target rental property owners not traders and speculators, the NZ Property Investors Federation says. Read more. ...
Warnings fly following RBNZ proposal
8 July 2016 - Frantic investor buying and increased squeeze on the rental market could be the end-result of further LVRs, investor advocates are warning.
Frozen funds raise concern
8 July 2016 - British open-ended property funds are the latest to feel the impact of Brexit and there are fears that Kiwi investors could be exposed to some of the fallout.
Brush up on your 2008 playbook
7 July 2016 - ANZ economists provided a saluatory reminder to investors in property funds. They said, in a recent email, "investors are starting to learn the hard way...
Key tells RBNZ to target property investors
6 July 2016 - The one little rate change today is overshadowed by Prime Minister John Key's comments that the Reserve Bank should target property investors. Here is...
Rents spike in regions
23 June 2016 - Auckland’s average weekly rents might be the highest, but new data reveals rental growth in other parts of the country is far stronger. Read more. ...
Extra rates for investors?
21 June 2016 - Auckland landlords with empty houses, land and commercial properties may face extra rates if one mayoral candidate wins in October. Read more. ...
Westpac revises house price forecasts
20 June 2016 - Westpac says it has revised upwards its forecast for house price growth. It is now predicting a 14% increase in house prices nationwide this year. That...
What's the home for direct-owned and listed property in a portfolio?
20 June 2016 - Investors seeking exposure to property should consider listed as well as direct property given the returns, diversification and volatility of the asset classes are very similar over the long term, AMP Capital says.
Regions hot, Auckland cooling
16 June 2016 - Auckland’s housing market slowed for the second consecutive month in May – in stark contrast to many regional markets, new REINZ data reveals. Read...
LVR restrictions stopped $20 bill of lending
9 June 2016 - The Reserve Bank governor Graeme Wheeler says the LVR restrictions introduced by the bank have been "very successful".
'Drastic' lending changes to challenge investors
8 June 2016 - ANZ surprised mortgage advisers recently when it announced a raft of changes to its lending policy which will make it even harder for property investors...
ANZ's lending changes surprise mortgage advisers
7 June 2016 - ANZ surprised mortgage advisers on Friday when it announced a raft of changes to its lending policy which will make it even harder for property investors.
Don't believe all the hype about property flipping
2 June 2016 - You will, no doubt, heard stories about properties being flipped multiple times for big profits. Apparently it doesn't actually happen that often. Here's...
Investors dominating housing market
27 May 2016 - New Reserve Bank lending data leaves little doubt that investors are busy in the current market. Read more. ...
Investors brace for higher interest rates
24 May 2016 - Property investors need to be prepared to pay higher interest rates on their loans in response to changes made by the Reserve Bank. Read more. ...
Investors under fire
10 May 2016 - All eyes are on the Reserve Bank’s upcoming Financial Stability Review (FSR) as rising house prices and the minimum rental standards debate have left...
OCR guessing game - what economists think
26 April 2016 - An OCR cut this week is a live call, but most economists think the Reserve Bank will wait a bit longer before cutting again. Read more. ...
New technology to streamline property deals
22 April 2016 - Cutting edge technology is set to make property transactions easier, according to Land Information New Zealand (LINZ). Read here. ...
Capitalising on the capital
21 April 2016 - It is Wellington, not Auckland, which is set to offer some of the best house price prospects in New Zealand, an economist has suggested. Read here. ...
More restrictions on the way?
20 April 2016 - Auckland’s reinvigorated housing market, along with the ongoing strength of regional markets, has left economists suggesting further Reserve Bank restrictions...
Sellers' confidence soaring high
13 April 2016 - Property sellers’ confidence returned in March and the average asking price for a property in New Zealand increased to a new record of $573,000, according...
Property market reignites
13 April 2016 - Property sellers’ confidence returned in March and the average asking price for a property in New Zealand increased to a new record of $573,000, according to the latest Trade Me Property Price Index.
The rise of renters
12 April 2016 - Growing numbers of renters nationwide only add to the demand for rental properties, but there are questions about what it all means. Read more. ...
Perils of dodging due diligence
8 April 2016 - Mortgage brokers are among a large body of professionals who regularly see the fallout from poor or non-existent due diligence. Read here. ...
End of Super City's downward trend?
7 April 2016 - While Super City values went against the national grain of rising values in March, that trend is unlikely to last, Quotable Value (QV) suggests. Read more...
Fund manager to lose PIE status
24 March 2016 - Property investor Augusta Capital may lose its PIE tax status due to an increase in the market value of its funds management business. This loss of PIE...
Big falls in days to sell in regions
25 February 2016 - Markets around New Zealand are experiencing big drops in number of days to sell and property for sale, new data reveals. Read here. ...
Rent loss set to drop
22 February 2016 - Landlords lose five weeks of rent per year on average - but those losses are set to decline, a tenancy debt specialist has said. Read more. ...
Tax could stifle housing development
10 February 2016 - Warnings about the negative impact a new property tax could have on housing supply come as the submission period on the Bill ends. Read here. ...
Record high prices in regions
3 February 2016 - Ongoing house price strength in regions sees Central Otago overtaking Auckland in the latest realestate.co.nz data. Read here. ...
Halo effect caution
29 January 2016 - Investors looking out of Auckland, due to the 'halo effect', should tread carefully. Read here. ...
Record highs for regions
20 January 2016 - Slowing Auckland market contrasts with strength in regional markets, reveals new Real Estate Institute of New Zealand data. Read here. Also,...
Red tape hurdles
19 January 2016 - Claims that residential construction regulations are to blame for Auckland’s housing crisis are making waves again. Read here. ...
Bay of Plenty picking up heat
14 January 2016 - Auckland’s property market might be cooling, but the Bay of Plenty’s is booming, reveals the latest Trade Me Property data. Read here. ...
Return to reality for market
12 January 2016 - Property market growth is set to return to more normal levels in 2016, predicts one major agency. Read here. Also read how building consents are...
Forums to discuss 'contentious' FAA overhaul
9 January 2016 - Forums on the Financial Advisers Act being held next month are likely to be dominated by questions about potential licensing of entities, rather than individual...
Listings fall, prices hold firm
7 January 2016 - Auckland's biggest real estate agency says prices are holding firm but there is a shortage of listings going into 2016. Read here. ...
Rezoning windfall?
23 December 2015 - Auckland property investors may find the value of their portfolios increases sharply due to the city’s proposed zoning changes. Read here. Also keep...
Times are changing
21 December 2015 - There's still time to catch up on the New Zealand Property Investor magazine's annual lending survey results. Read how here. ...
Rents on the rise
17 December 2015 - Good news for landlords as new data shows rents in a number of markets – including Auckland - are on the rise again. Full story. Also, the Block...
What tenants want
16 December 2015 - “Periodic tenancies” are the most popular rental arrangement, new Barfoot & Thompson data shows. Read here. ...
Momentum shifting
11 December 2015 - Prices are flattening as some of the heat evaporates from the Auckland property market, Real Estate Institute figures show. But around the country,...
End of an era for Fidelity Life chief
7 December 2015 - Fidelity Life chief executive Milton Jennings is stepping down from the role next year, after being with the company almost three decades. Read here, Also,...
Market softening in the Super City
2 December 2015 - Values are still increasing in Auckland but the rate is noticeably slower, QV data reveals. See full story. Also, read how the FMA wants more clarity for...
'Clear mistakes' in MJW report
24 November 2015 -
KiwiSaver advisers 'pushing products'
18 November 2015 - KiwiSaver providers are focusing more on pushing products than providing advice to ensure their members are in the right funds, the Financial Markets Authority...
Rental WOF still on the cards
16 November 2015 - The Green Party has not let Labour's failed attempt to pass rental WOF legislation deter them with their Residential Tenancies (Warm, Safe and Secure Rentals)...
New law may sting landlords dodging capital gains tax
13 November 2015 - The 'bright-line test' was passed into law yesterday sending a strong message to landlords to no longer expect to avoid capital gains tax just by holding...
Labour cuts CGT from party policies
9 November 2015 - The Labour Party will not be campaigning on a Capital Gains Tax in the 2017 election. Its elimination from the party's policies was decided at Labour's...
Confidence in rising house prices dwindling
6 November 2015 - Fewer people expect house prices to rise, ASB's latest survey shows.
More OCR cuts likely – despite housing concerns
14 October 2015 - Global economic concerns mean more “easing” of the OCR is likely, even though this could further fuel the already-hot housing market, the Reserve Bank Governor has said.
Lending up but profits flat
7 September 2015 - New Zealand’s five major banks* profits flattened in the second quarter of 2015, although lending growth continued, according to a new analysis by PricewaterhouseCoopers (PWC).
Investors increasing Auckland price pressure – RBNZ
24 August 2015 - Growing investor demand for Auckland property has exacerbated the price pressures arising from the underlying supply shortage, the Reserve Bank says.
Banks net interest income falls - PwC
24 June 2015 - A decrease in the net interest income of New Zealand’s major banks reflects the current highly competitive lending environment.
Auckland landlords face new lending restrictions
13 May 2015 - Auckland property investors now have to have a 30% deposit to buy a rental under new rules proposed by the Reserve Bank. Here is what the bank said.
Property borrowing to get easier with arrival of LendMe
12 May 2015 - New Zealand’s residential property borrowing environment is set to blow wide open with the news that LendMe has received New Zealand’s second peer to peer (P2P) lending license.
SPI directors fined for breaching financial reporting rules
30 April 2015 - The two directors of SPI Property Fund Limited have today been fined $25,312 each for breaches of the Financial Reporting Act in the Auckland District...
CGT for property investors would create interesting possibilities
16 April 2015 - Fund manager Harbour Asset Management has waded into the debate on a capital gains tax for property investors.
Property prices impact on S&P’s assessment of NZ banking sector
27 March 2015 - A plunge in property prices is a key risk factor for banks in New Zealand, according to a new report from Standard & Poor’s.
Reserve Bank comes up with new definition for property investors
5 March 2015 - Property investors are the target of a new Reserve Bank lending restriction, but the bank says it’s not a macro-prudential tool.
Simple and better: RESIMAC's new loan offerings
2 March 2015 - Greater flexibility for investors is contained in a raft of new offerings from non-bank lender RESIMAC Home Loans.
