Northland Property Investors' Association


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Archive: January 2011

Caution remains the watchword for property - ANZ

December saw a further pick-up in recorded house sales, however this comes from a very low base and mortgage lending remained flat, according to the latest ANZ Property Focus.
31-01-2011 more >>

Bollard keeps interest rates on hold

Home-owners can be confident floating mortgage rates won't be rising for some time following Reserve Bank governor Alan Bollard's expected decision to keep interest rates on hold.
27-01-2011 more >>

OCR unchanged at 3%

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.
27-01-2011 more >>

Housing market unlikely to be able to withstand rate rises

Despite stabilising, the housing market "remains very fragile and unlikely able to withstand rate increases for some time, particularly as house prices continue to decline," said ASB economist Nick Tuffley.
27-01-2011 more >>

Wellington's rental pain is Auckland's gain

Rental vacancies remain low in Auckland while Wellington is suffering, and across the country vacancy rates are double the level of last year as house sales continue to dawdle, according to First National Group.
25-01-2011 more >>

Auckland and Tauranga top New York for unaffordable houses

Housing in New Zealand is "severely unaffordable", with property in Auckland and Tauranga less affordable than New York, according to new research.
24-01-2011 more >>

Bidding wars as rentals in crisis

The Kiwi dream of owning a home is long out of sight for many people, and now the chances of even renting a quality house are fading fast.
23-01-2011 more >>

Now's a good time to buy a house

Buying a house this year is “fundamentally a good idea” as inflation looks set to rise around the world, according to Tower Investments chief executive Sam Stubbs.
21-01-2011 more >>

Report reveals stark differences in rents across Auckland

Auckland suburbs Remuera and Takapuna/Milford have seen rents for three bedroom properties increase by 25% over the past year, while rents for a one-bedroom property in Birkenhead have fallen 47% over the same period.
20-01-2011 more >>

Shaking up the Canterbury property market

The September 4 earthquake that struck Canterbury left over 95% of properties with no significant damage, according to a QV assessment of the regions property market.
18-01-2011 more >>

Little optimism in wake of REINZ report

Weak demand for property prompted falls in residential house prices over 2010, and tax measures preventing property investors offsetting their losses against income and other taxes saw real estate demand fall considerably, according to JP Morgan economist Helen Kevans.
18-01-2011 more >>

What's happening with house prices across the regions

House sales volumes were down across all regions in December and the median price also fell in all but three main regions, according to the Real Estate Institute.
18-01-2011 more >>

Sales and median price fall in December

December saw both residential property values and sales slide from November, though both market activity and median prices remained up on figures from earlier in the year, according to the Real Estate Institute (REINZ).
18-01-2011 more >>

Low sales volumes the theme for 2010 - QV

Residential property values continued to decline across the country in December, with values 0.9% below the same time last year, according to the latest QV Residential Property Market update.
13-01-2011 more >>

January '12 Issue

Sky clears - Our experts predictions for 2012
01-01-2011 more >>

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