Taranaki Property Investors' Association

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Archive: July 2012

Co-operative development plan for Christchurch

Some of the 8000 Christchurch homeowners forced out of their houses by last year’s earthquake could save themselves $50,000 each on the cost of a section if they pooled their resources, says Geoff Butcher, of Co-Operative Sections.
13-07-2012 more >>

Steve Goodey wins $396,000 judgement against Phil Jones

Property seminar provider Steve Goodey has won a $396,000 High Court judgement against fellow property guru Phil Jones of Richmastery fame but he may have difficulty collecting.
13-07-2012 more >>

Leaky buildings destroying wealth: Whitburn

Disclosure rules for people selling properties with defective cladding are not tight enough, says Auckland Property Investors Association president David Whitburn.
12-07-2012 more >>

Real estate agents say it's a sellers' market: BNZ survey

More potential house buyers are attending open homes and real estate agents rate it a sellers' market, according to the Bank of New Zealand's latest survey of more than 10,000 agents.
12-07-2012 more >>

Steps taken to speed up Tribunal process: Heatley

Landlords’ concerns about the timeliness of the formal tenancy dispute resolution process through the Department of Building and Housing and the Tenancy Tribunal are being heard, Housing Minister Phil Heatley says.
11-07-2012 more >>

House prices to rise further but only til mortgage rates rise: Westpac

House prices are likely to rise further all year but the strength will only last until mortgage rates start rising, according to Westpac chief economist Dominick Stephens.
11-07-2012 more >>

Housing advice for Cantabrians

A service set up to solve Christchurch’s housing shortage has a growing list of would-be tenants, its organiser says.
10-07-2012 more >>

National house prices up 4.2% on a year ago: QV

National house prices rose 4.2% over the past year with values rising in all major centres, according to Quotable Value.
10-07-2012 more >>

Housing market buzzing but not quite on fire

The housing market is buzzing, if not quite on fire. But it's the Auckland and quake-affected Christchurch markets which are to blame while markets in the rest of the country remain subdued.
10-07-2012 more >>

Christchurch owners go to court over leases

Hundreds of commercial landlords and their tenants in Christchurch have been forced to reach for their dictionaries since the city’s earthquakes.
09-07-2012 more >>

Invercargill property returns 54%

Invercargill’s real estate sector has been sent a shockwave by a house generating a rental yield of 54%.
06-07-2012 more >>

Heat on in Christchurch rental market: Trade Me

Christchurch’s rental market is soaring ahead of the rest of the country, according to Trade Me Property’s analysis for the April to June quarter.
06-07-2012 more >>

Southland owners get earthquake warning

Owners of un-reinforced masonry commercial buildings in Southland have been issue with land information memorandum (LIM) notices identifying their buildings as earthquake-prone.
05-07-2012 more >>

Super ministry will help landlords: Heatley

Housing Minister Phil Heatley says landlords should notice an improvement in the tenancy resolution services offered now that the Department of Building and Housing has been absorbed into the new super ministry.
05-07-2012 more >>

Information on supplement slow to arrive

Labour’s Housing spokeswoman Annette King is working through Treasury reports relating to policy work on the accommodation supplement.
04-07-2012 more >>

Auckland listings at seven-year low: Barfoot

More Auckland homes sold in June than in any June for the past five years, taking listings to a seven-year low, Barfoot and Thompson says.
04-07-2012 more >>

Not enough rentals available: Survey

There aren’t enough houses being built to satisfy rental demand, says First National. The results of its latest quarterly property management survey have been released and show rents are rising and tenants are struggling to find anywhere to live.
04-07-2012 more >>

Property finders in authority's sights

The Real Estate Agents Authority is threatening legal action against any licensees who offer properties to property finding services.
03-07-2012 more >>

Listings drop likely to fuel prices

The number of homes offered for sale nationwide has dropped to the lowest level since 2008, turning the market firmly in sellers' favour.
02-07-2012 more >>

Property investors' outlook positive: Survey

It’s a great time to be a property investor, according to the results of the latest landlords.co.nz and Mike Pero Mortgages survey.
02-07-2012 more >>

Federation supports ring-fencing concerns

Property investors should be very wary about Government moves to ring-fence losses on holiday homes, says Andrew King, president of the New Zealand Property Investors’ Federation.
02-07-2012 more >>

Rental Property back on top

Presidents Report: The latest quarterly investor confidence survey from ASB Bank confirmed that rental property is again the top investment that people felt would give them the best return. This is the first time that rental property has been at the top of the list for over two years.
01-07-2012 more >>


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