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Federation News

Bollard takes a bob-each-way to OCR review (28 Jul 2011)
Reserve Bank governor Alan Bollard took a bob-each-way approach to reviewing interest rates which has left economists and financial markets scratching their heads.
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Not coming up Trumps (28 Jul 2011)
Just over a month after the sudden closure of Jericho Property Management another property management firm, Trump Assets Management, has closed its doors.
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Rents at two-and-a-half year high, but OCR set to rise (25 Jul 2011)
Rents are at a two-and-a-half year high "and will go higher", according to the latest ANZ Property Focus.
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Investors treading water in housing market (21 Jul 2011)
The latest BNZ-REINZ Market Survey suggests first home buyers are active in the market and investors are staying put.
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Capital gains tax won't move money from housing, claims BNZ economist (18 Jul 2011)
BNZ economist Tony Alexander has rejected the argument that a capital gains tax would result in additional money being invested in productive assets.
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Auckland great place to be a landlord: Skipper (14 Jul 2011)
The supply of rental housing grew only half as much as demand nationwide in the June quarter with the Auckland market showing a severe shortage of rentals, according to figures from the TradeMe.
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Auckland sales up 30% in June (12 Jul 2011)
With written sales 30% higher than June last year, Auckland is leading the real estate market recovery, according to Harcourts.
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Auckland leads nationwide property values higher (11 Jul 2011)
Property values increased in June driven largely by the Auckland market, according to the latest QV report.
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QV June 2011 Report - the regions (11 Jul 2011)
Analysis, comment and prices from QV Valuations staff across the country.
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SFO warns property investors of inflated valuations (08 Jul 2011)
Property investors have been warned to be wary of inflated property valuations when considering whether to invest in either properties or companies which had significant property development portfolios.
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New property tax will hit tenants, says investor lobby (06 Jul 2011)
There has been a suggestion tenants will be the ones to suffer if New Zealand introduces a capital gains tax.
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Landlords and tenants set to lose with capital gains (06 Jul 2011)
Labour proposals for a capital gains tax on investment property have been criticised as unfair on both investors and tenants, "who are going to end up paying for this."
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Available Auckland property near to four-year low (05 Jul 2011)
June saw the number of properties on the Auckland market slip to their lowest level in nearly four years, according to Barfoot & Thompson.
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Investors and first time buyers in ‘quiet battle' for property (05 Jul 2011)
Property investors are back in the market and doing battle with first home buyers for properties at the lower end of the market, according to First National general manager John Stewart.
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King sees potential pitfalls in state housing shake-up (30 Jun 2011)
Government plans to move more people out of state housing could prove to be a double-edged sword for private landlords, according to Property Investors Federation president Andrew King.
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Lack of funding brings the CHRANZ house down (30 Jun 2011)
The Centre for Housing Research Aotearoa New Zealand (CHRANZ) has announced its closure today after failing to secure ongoing cornerstone funding.
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Willems questions 2007 valuations (28 Jun 2011)
Canterbury Property Investors Association president Kim Willems has given a cautious welcome to Government plans to buy 5,100 Christchurch homes, though she questioned the 2007 valuation the Government has adopted.
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Weather man feels chill after Jericho Residential closure (25 Jun 2011)
MetService Weather Ambassador Bob McDavitt is among the Wellington landlords left in the cold – and out of pocket - by the unexpected closure of Jericho Residential Property Management.
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Government offers to buy 5,100 Christchurch homes (23 Jun 2011)
Earthquake Recovery Minister Gerry Brownlee has announced the Government will offer to buy 5,100 Christchurch homes at 2007 rateable values.
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Government to update on Christchurch tomorrow (22 Jun 2011)
Canterbury Earthquake Recovery Minister Gerry Brownlee says the Government will give an initial update on the state of land in greater Christchurch tomorrow at 1:30pm.
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Issues Paper on housing affordability released today (22 Jun 2011)
New Zealand housing affordability is to be examined as the newly established Productivity Commission releases its first Issues Paper today.
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Auckland house prices up over quarter, but ‘bumps ahead' says BNZ (17 Jun 2011)
Auckland house price rises over the three months to May are more than a simple recovery from the previous quarter, though "there will be bumps" according to BNZ.
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Wellington landlords out of pocket after company closure (16 Jun 2011)
Landlords with Wellington property management firm Jericho Residential Property Management have been left out of pocket after the company unexpectedly shut.
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Strong demand boosts Auckland rents, says Barfoot & Thompson (15 Jun 2011)
Auckland rents have continued on an upward trajectory, with the average weekly rent up $8 to $427 in May, according to Barfoot & Thompson.
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Auckland leading real estate recovery, says Harcourts (15 Jun 2011)
Auckland is "clearly leading the real estate market recovery" with a 27% increase in written sales over the year to May 2011, according to the latest Harcourts MarketWatch.
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