Northland Property Investors' Association


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Archive: October 2012

House price rise slow and steady: QV

Nationwide house prices are ahead of the 2007 market peak, according to the latest statistics from QV. But research director Jonno Ingerson said the rate of increase was still relatively slow – about 5% per year compared to the up to 15% that was seen last decade.
09-10-2012 more >>

National house price up 6%: REINZ

A lack of listings is driving prices up around the country, according to the latest data from the Real Estate Institute.
08-10-2012 more >>

Five rental properties a business: IRD

An investor with as few as five rental properties can be said to be running a business, says Lindsay Ng, New Zealand Institute of Chartered Accountants tax manager.
08-10-2012 more >>

National house price up 6%: REINZ

A lack of listings is driving prices up around the country, according to the latest data from the Real Estate Institute.
08-10-2012 more >>

Property a strong investment: RBNZ

A Reserve Bank analysis of investment returns has shown the strength of property investment compared to other asset classes. It comes after a report from Camelot Financial Group, which said property investor should consider shares for better returns. Its findings were heavily criticised – partly because the data did not take into account income from rent.
07-10-2012 more >>

Transitional period over for unit titles

Apartment-owners will find themselves caught out when they go to sell their properties if their body corporates have not kept up with the requirements of the Unit Titles Act 2010. The transitional period for bodies corporate ended on October 1.
07-10-2012 more >>

Greens call for capital gains tax

The Green Party has called for a capital gains tax to bring the New Zealand dollar under control. Co-leader Russel Norman said the high dollar had meant a loss of jobs in the export sector.
07-10-2012 more >>

Digital TV a tenant's responsibility: DBH

Switching to digital television is a tenant’s responsibility, according to the Department of Building and Housing.
05-10-2012 more >>

Hospice house sale beats price expectations

Hospice West Auckland sold its Woodford Avenue, Henderson, property for $830,000 more than its rateable value.
05-10-2012 more >>

Auckland house prices drop: Barfoot

Auckland house prices rises have stalled, according to Barfoot and Thompson. The agency reported that the average price fell 1.1% in September compared to the month before, to $585,838.
03-10-2012 more >>

Auckland inventory at five-year low

The number of houses for sale in Auckland is at a five-year low, says.
02-10-2012 more >>

NZPIF rejects call for Rental Property WOF

The Childrens’ Commissioner established the grandly titled “Experts Advisory Group on Solutions to Child Poverty” in March this year. This group has recently produced its first report which included a number of proposals that the group claimed were “ambitious, but they are also realistic, cost-effective, based on evidence, and take into account New Zealand's economic and fiscal context”.
01-10-2012 more >>

Fewer sweeteners in industrial deals: Bayleys

Commercial landlords are cutting down on the incentives they offer their industrial tenants, according to Bayleys.
01-10-2012 more >>

Heat off rents in some parts of Auckland

Auckland’s rental crisis appears to be easing off, with statistics showing rents in some areas dropping compared to the year before.
01-10-2012 more >>

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