Taranaki Property Investors' Association

taranaki@nzpif.org.nz

News & Updates

Recent updates

Taranaki (TPIA) News

Collecting your debts

Glenn Morris tells landlords how to ensure debts are paid when the Tenancy Tribunal awards a money order
16-04-2009 more >>

Insider's guide to building law

Available from June, this new book bridges the gap between building inspectors and building owners.
16-04-2009 more >>

Drug case outcome sets the bar

The outcome of a recent drug case has set the legal bar for landlords to deal with drugs being manufactured by tenants, or friends of tenants, in their rental properties.
16-04-2009 more >>

Get real and quick recovery will follow, owners told.

A leading corporate lawyer says a recovery might occur quite quickly once business and building owners become realistic about the value of their assets.
14-04-2009 more >>

Action on the home front

Home buyers - including expats with an eye for a bargain - have returned to the market in strength, hunting both high end and investment property
13-04-2009 more >>

NZ property values drop 9.3%

New Zealand property values fell 9.3% last month, led by declines in Auckland City and Manukau, as rising unemployment and waning job security counters the benefits of lower borrowing costs.
09-04-2009 more >>

QV residential highlights - March 2009

The residential property market is picking up, but values are still dropping, according to the latest numbers released by QV Valuations. Find out how the main centres are faring below.
09-04-2009 more >>

Review survey of Rental Property Owners

Download the results of the Property Managers
09-04-2009 more >>

Residential Real Estate market spikes: REINZ

March sales figures released today by the Real Estate Institute of New Zealand (REINZ) reveal a spike in terms of sales volume.
09-04-2009 more >>

Residential Highlights – March 2009

An increase in market activity over the past month has seen median house prices pushed higher in most of the main areas throughout the country, according to the latest Real Estate Institute of New Zealand (REINZ) stats, released today.
09-04-2009 more >>

Eco-My-Flat competition encourages better tenants

A competition organised by the University of Canterbury’s Sustainability Initiatives is creating better relationships between landlords and students.
08-04-2009 more >>

Figures show baby boomers after property bargains

Cashed-up baby boomers take advantage of perceived bargains in the property market, Veda Advantage says. It reports that mortgage applications were up 38% in March, compared to the same month last year. It says these were the highest monthly total since November 2007.
07-04-2009 more >>

Auckland house sales hit 20-month high

Auckland property sales reached a 20-month high as the decline in prices helped revive confidence, according to Barfoot & Thompson.
03-04-2009 more >>

Falling interest rates making property more attractive

Residential property investors believe that falling interest rates are making residential property investment more attractive, according to the latest quarterly survey of investors run by Mike Pero Mortgages and Landlords.co.nz.
03-04-2009 more >>

POLITICAL & REGULATORY REPORT for MARCH 2009

UNIT TITLES BILL – At Select Committee First introduced back in May 2008, the Unit Titles Bill completed its first Parliamentary stage on 5 March.
01-04-2009 more >>

Kiwibank hikes 2 to 5-year mortgage rates

Kiwibank has raised its 2, 3, 4 and 5 year mortgage rates this morning, bringing them into line with the rate hikes announced by the other bigger banks over the last week.
01-04-2009 more >>

'Mortgagee sale' can be trick to lure buyers

Estate agents are dressing down houses displayed on websites to look like mortgagee sales so they will entice bargain hunters.
31-03-2009 more >>

Predicted growth surge positive for housing

A predicted surge in population growth will have a huge impact on the housing market, says BNZ chief economist Tony Alexander.
31-03-2009 more >>

Landlords warned over drug rings

Landlords are being warned to watch their vacant rental properties, as they are increasingly becoming used as pick-up and drop-off zones for drug makers.
31-03-2009 more >>

One plan to cut resource management inertia

Good news for developers and investors is on its way. The Royal Commission on Auckland Governance intends to cut the red tape associated with the Resource Management Act.
30-03-2009 more >>

Mortgagee sales reach new high

Mortgagee sale figures have reached a new high, with Auckland hardest hit, latest figures show.
30-03-2009 more >>

Home-building approvals rise

New Zealand home-building approvals rose for the first time in three months, driven by apartment consents as declining short-term mortgage rates help lure investors back into the property market.
30-03-2009 more >>

Investment houses 'back to fair value'.

House prices have fallen below a fair price that investors should be willing to pay - the first time this has happened since late 2006 - says Westpac Bank.
24-03-2009 more >>

President's March report

Meeting with Minister of Housing. Assisting with revision of RTA Amendment Bill (no 2). Second survey on property managers. CHRANZ Aged Housing Workshop.
24-03-2009 more >>

Complaints about stubborn landlords

Complaints against landlords are increasing, with failure to carry out repairs or return bonds the biggest problems for tenants.
23-03-2009 more >>


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