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Federation News

Auckland sales slip almost 40% in April (03 May 2012)
April house sales in Auckland fell almost 40% on March, but prices remained relatively stable, according to the latest Barfoot & Thompson figures.
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"Chronic shortage" pushes Auckland house prices to new high (01 May 2012)
Asking prices for Auckland homes hit a new all time high in April of $568,820 - the third high in eight months.
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Housing consent numbers hit four-year high (30 Apr 2012)
The number of housing consents issued both nationwide and in Auckland hit a four-year high in March.
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Reserve Bank leaves OCR unchanged at 2.5% (26 Apr 2012)
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5%.
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Floating mortgage rates unlikely to rise this year and may even fall (26 Apr 2012)
The chances of floating mortgage rates rising this year remain remote and they might even fall if the New Zealand dollar remains so strong.
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House price data reveals ‘fragmented' Auckland market (23 Apr 2012)
Auckland house price rises continued to climb above the nationwide average in March, up 5% against a 1% nationwide rise, according to the latest Crockers Auckland sales price table.
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Going, going, gone goes up in popularity across Auckland (20 Apr 2012)
Auctions accounted for 50% or more of sales across 13 Auckland suburbs last month as going under the hammer becomes the preferred method of selling in many parts of the city.
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Auckland rent rises continue to outstrip rest of country (18 Apr 2012)
Auckland rent rises continued to far outstrip the rest of the country in March, according to the latest Crockers Auckland rental price table.
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REINZ March 2012 regional review (16 Apr 2012)
Auckland sales up almost 40%, Wellington sees second lowest sales increase, Northland retains longest days to sell in country and sales volumes more than double in Canterbury.
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House prices march to new heights (16 Apr 2012)
Nationwide and Auckland house prices both high new record median highs last month at $370,000 and $495,200 respectively, according to the latest Real Estate Institute of New Zealand (REINZ) data.
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Christchurch rental shortage "crisis for some" says Parker (16 Apr 2012)
Christchurch Mayor Bob Parker has rejected claims by Earthquake Recovery Minister Gerry Brownlee that the city's rental shortage is not at crisis level.
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NZPIF backs Productivity Commission tax findings (12 Apr 2012)
The Productivity Commission's Housing Affordability report findings around the tax treatment of property have been welcomed by the New Zealand Property Investors Federation (NZPIF).
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House price rises stall in March, says QV (12 Apr 2012)
Nationwide property values eased slightly in March but are still up 0.5% over the past three months and 3% up over the past year, according to the latest QV report.
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Productivity Commission rejects CGT, calls on DBH to review rental laws (11 Apr 2012)
The Productivity Commission has rejected calls for the introduction of a capital gains tax and called for a review of the legislation and regulations around rental accommodation.
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Auckland sales hit five year peak in March (05 Apr 2012)
Strong buyer interest saw Barfoot & Thompson experience its busiest March trading for five years.
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Housing consents down in February (30 Mar 2012)
Housing consents fell 6.7% in February after an 8.1% rise the month before, but Statistics New Zealand said the overall consents trend remains upward.
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Rise, stall then fall predicted for house prices (28 Mar 2012)
House prices will rise 5% this year before higher interest rates put the brakes on, and the rapid price rises in Auckland and Christchurch will not be repeated elsewhere.
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Nationwide home affordability improves (28 Mar 2012)
Auckland has retained its position as the least affordable location to buy a house in New Zealand, according to the latest Massey University Home Affordability Report.
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Development obstacles helping push rents up (28 Mar 2012)
Difficulties securing finance, council red tape and the imminent depreciation changes are acting as disincentives to rental property development at the same time as shortages are driving up rents.
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Auckland suburbs buck nationwide static price trend (22 Mar 2012)
The latest Crockers Auckland sales price table revealed that despite the large year-on-year increase in both nationwide and Auckland sales, prices are up just 1%.
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Rental crisis hampering Christchurch rebuild (19 Mar 2012)
The Christchurch rebuild is being hampered by a severe lack of rental accommodation, according to a Real Estate Institute (REINZ) survey.
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Joyce defends ‘more efficient' Super Ministry (17 Mar 2012)
Property Investors have questioned why the Department of Building and Housing (DBH) will be merged with the ministries of Economic Development, Labour and Science and Innovation.
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DBH merger plans 'ideologically driven and dangerous' (17 Mar 2012)
Plans to merge the Department of Building and Housing (DBH) into a ‘Super Ministry' have been branded as ideologically driven and dangerous for the county's building, housing and construction sectors.
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NZPIF slams ‘Super Ministry' plans (16 Mar 2012)
Plans to fold the Department of Building and Housing (DBH) into a new Super Ministry "may disadvantage everyone in the rental industry," claim the Property Investors Federation (NZPIF).
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King calls for talks with Ministers over ‘bombshell’ DBH plans (16 Mar 2012)
UPDATE: New Zealand Property Investors Federation (NZPIF) president Andrew King plans urgent talks with Government Ministers to get answers about the proposed merger of the Department of Building and Housing (DBH).
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