Property News
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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.
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Auckland’s November sales at four year high
Sales activity continues to improve in Auckland with new Barfoot & Thompson data revealing their best November sales numbers since 2015.
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Finance clause change to hit home buyers: REINZ
Home buyers will no longer be able to use a finance clause to pull out of a property purchase without proof, REINZ has warned.
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Supply remains tight nationwide
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.
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SFO deception charges for investors
Four Auckland property investors have been charged with fraudulently obtaining millions of dollars in home loans.
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Key reform will only protect bad tenants
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.
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Changes to RTA announced
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.
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ComCom warning for property trader
A property trader, who has attracted unfavourable media attention in recent years, has received a formal warning from the Commerce Commission.
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Record prices round NZ
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.
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More than fair “wear and tear”
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.
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Southland “standout” region for investors
Investors looking for both strong capital gains and good rental yields should head to Southland – if they heed the results of new REINZ research.
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The getting of wisdom
Landlords concerned about the increasing amount of rules and regulations it’s necessary to comply with can now get training to help them out.
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Low property expectations
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.
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Record low rates fuel market resurgence
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.
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SuperCity on the rise?
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.
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