Wellington Property Investors' Association

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Archive: 2011

Strong demand boosts Auckland rents, says Barfoot & Thompson

Auckland rents have continued on an upward trajectory, with the average weekly rent up $8 to $427 in May, according to Barfoot & Thompson.
15-06-2011 more >>

Auckland leading real estate recovery, says Harcourts

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.
15-06-2011 more >>

Auckland City Centre rents down 31% over year to May, Crockers

The average median rent for a one-bedroom property in Auckland City Centre fell 31% in the year to May, while a four-bedroom property in One Tree Hill/Ellerslie saw its rent increase by 31%, according to the latest Crockers Auckland rental price table.
15-06-2011 more >>

REINZ regional commentaries - May 2011

A round up from around the regions.
14-06-2011 more >>

Auckland leads national sales volumes up, but prices down

The housing market saw a further lift in volumes in May, with the seasonally adjusted number of sales up 2.6% on April, according to the latest REINZ report.
14-06-2011 more >>

Agents spy slight rise in property investor interest in June

There was a slight increase in the number of investors looking to buy property in June, nationwide sales prices remain flat and sellers are generally more motivated than buyers, according to the BNZ-REINZ Market Survey.
10-06-2011 more >>

Auckland and Wellington values a tale of two cities, QV

Property values have remained flat across the country in May while Auckland and Wellington trends contrast, according to the latest QV report for May.
08-06-2011 more >>

QV May 2011 Report - the regions

A review of QV's Residential Price Index for May.
08-06-2011 more >>

The perpetuity problem pertaining to property

Proposed changes to New Zealand's trust laws have the potential to alter the transfer of property and are long overdue, according to NZ Trustees Services director Jonathon Cron.
08-06-2011 more >>

Economic confidence up but property sector optimism mixed, BNZ

Property management sector feedback to the BNZ Confidence Survey appears to mirror recent housing market data, with Wellington flat, rising rents in Auckland and a mixed picture for Christchurch.
07-06-2011 more >>

After three months of rises, average Auckland house price slips in May

Auckland house prices took a dip in May after three months of rises, while sales lifted 3.3% to climb 12.2% above year-ago levels, according to the latest Barfoot & Thompson data.
03-06-2011 more >>

2011 on course for least number of houses built

April saw a 32% year-on-year fall in new home consents to 893, according to Statistics New Zealand figures.
03-06-2011 more >>

Getting REAL about property management education

Real estate training organisation REAL ITO is consulting with the property management industry on qualifications for letting agents and property managers.
02-06-2011 more >>

Otago oil boom ahead

Dunedin Property Investors could expect house values to increase in the long term if the Dunedin City Council's attempts to entice oil companies to the region work out, Otago Property Investors were told at their annual meeting.
01-06-2011 more >>

Auckland property market shifts in favour of sellers

The sluggishness of new listings over the past two years has seen the Auckland property market finally tip in favour of sellers, according to the latest Realestate.co.nz Property Report.
01-06-2011 more >>

June '11 Issue

The June issue of NZ Property Investor also offers tips from the experts on how to get a great deal. Among the tips in this market are being able to act quickly by having all your research done, making the deal clean, and dealing only with the listing agent, who has the power to work with the owner first-hand.
01-06-2011 more >>

Property dodges budget bullet, but still in some sights

The Minister of Finance did not include any surprise new taxes for property in this years’ budget. He has obviously seen that the changes from last years budget, which came into affect in April this year, have had quite an impact on the industry already and that we have made our contribution to these tough economic times.
01-06-2011 more >>

Housing market improves, but from low base, says ANZ

Rents have reached a two-and-a-half year high and are set to increase further, according to the latest ANZ Property Focus.
30-05-2011 more >>

Low rates increasing appeal of investment property, ASB

Housing market confidence has improved slightly over the March quarter and lower mortgage rates have made property an increasingly attractive investment, according to the latest ASB Housing Confidence survey.
30-05-2011 more >>

New system aims for fewer estate agent complaints

The Real Estate Agents Authority (REAA) hopes the launch of a new complaints handling system will reduce the number of official complaints against real estate agents.
23-05-2011 more >>

Rental property top investment choice for Aucklanders

Aucklanders rate rental property as their preferred investment class, bucking the national trend for favouring term deposits, according to the latest ASB Investor Confidence Survey.
16-05-2011 more >>

Ups and downs, Auckland year-on-year rents revealed by Crockers

The average rent for a four-bedroom property in Auckland's Ponsonby has risen 57% over the past year, while Epsom has seen a 40% fall, according to the latest Crockers Auckland rental price table.
16-05-2011 more >>

First time buyers, investors an increased presence in market

More estate agents are seeing increased activity from first home buyers and sustained interest from property investors, according to the second BNZ-REINZ Market Survey.
12-05-2011 more >>

REINZ regional commentaries - April 2011

The REINZ April 2011 regional commentaries
11-05-2011 more >>

Prices down, sales up and a new all-time median high for Auckland

The housing market saw a lift in volumes over April with a seasonally adjusted 3% rise in sales compared to March, according to the latest Real Estate Institute (REINZ) report.
11-05-2011 more >>


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