News archive for 2023

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December 2023

18 Dec 2023   Listings surge and prices up

13 Dec 2023   Housing market still at a low ebb despite lift in sales

11 Dec 2023   Emotional harm award to tenant after power and water cut off

7 Dec 2023   Apartment market takes a dive

6 Dec 2023   Auckland housing market rebounding

5 Dec 2023   Tenant left with damages bill despite not being responsible

4 Dec 2023   Private landlords should be included in bill – Property Brokers

November 2023

30 Nov 2023   Too expensive and wrong – new property manager regulations needed

29 Nov 2023   Weaker than expected

28 Nov 2023   New Government – new property rules

21 Nov 2023   Solving the rental shortage – new legislation and a change of attitude

20 Nov 2023   Auckland – globally expensive rents and not enough places to live

16 Nov 2023   Fire leaves landlord thousands of dollars out of pocket

14 Nov 2023   Many buyers, not enough properties again fuelling housing market

9 Nov 2023   Market share soars for first home buyers

8 Nov 2023   Changes expected to bill regulating property managers

6 Nov 2023   New faces but not enough places

2 Nov 2023   Housing slump over

1 Nov 2023   [OPINION] How to make 20% from commercial property

October 2023

31 Oct 2023   Gap biggest ever between building new and buying an existing home

30 Oct 2023   Auckland’s average weekly rent tips over $650

27 Oct 2023   Residential and industrial property development tanking

26 Oct 2023   Drug destruction proved despite no pre-tenancy test

24 Oct 2023   BTR on cusp of becoming a major housing sector

20 Oct 2023   Subdued market recovery over past five months

18 Oct 2023   Investors show market return

16 Oct 2023   Aucklanders lead the way in seeing a bullish housing market

12 Oct 2023   Green shoots appearing in housing market

12 Oct 2023   Higher rents for fewer rentals

10 Oct 2023   Housing market turns but big bounce not expected

4 Oct 2023   Flood of new investors unlikely even if Government changes

3 Oct 2023   The tax benefits of a new build

September 2023

29 Sep 2023   Loosened LVRs push up mortgage lending

27 Sep 2023   New Zealand’s next top town

26 Sep 2023   House price rises revised upwards

22 Sep 2023   Significant recovery underway

19 Sep 2023   [OPINION] How the next Government can help tenants

18 Sep 2023   Properties selling faster and prices increase

13 Sep 2023   Housing market perkier than expected as it turns around

12 Sep 2023   A healthier market in sight

8 Sep 2023   [OPINION] New Zealand’s broken property market

8 Sep 2023   Raid on commercial investors depreciation of assets detrimental

7 Sep 2023   Freeing up foreign investment

6 Sep 2023   Dunedin’s buy-up plan to mitigate climate change

5 Sep 2023   House sales rise more than 50% on a year ago

4 Sep 2023   Not a huge market for foreign buyers

August 2023

31 Aug 2023   Waiting for election day and possible relief

29 Aug 2023   Restoring housing affordability

25 Aug 2023   Proposed new RTA clause not needed

24 Aug 2023   Surge in migration a double edged sword

23 Aug 2023   Further step to regulation of property managers

21 Aug 2023   Migration helps housing find a floor

17 Aug 2023   House prices stabilised earlier than RBNZ expected

16 Aug 2023   Holding on to investment property

15 Aug 2023   Lift in sales but prices still declining

11 Aug 2023   [OPINION] The country needs freedom from crazy council zoning laws

8 Aug 2023   Wages rises and number of houses available biggest influences on rents

8 Aug 2023   Downturn slowly running out

7 Aug 2023   A step too far

7 Aug 2023   Sales numbers lift from the doldrums but prices drop slightly

2 Aug 2023   Buyer confidence far from bullish

July 2023

28 Jul 2023   Movers return to market could be slow

28 Jul 2023   First home buyers’ mortgage market share hits a record

26 Jul 2023   [OPINION] Social stigma scaring off mom-and-pop investors

26 Jul 2023   Operation moonshot

21 Jul 2023   Housing price surges can be interest driven

21 Jul 2023   Listings fall as property sales rise

19 Jul 2023   Serious threats lead to eviction

18 Jul 2023   Landlords keen on KiwiSaver for tenancy bonds

17 Jul 2023   First property due diligence platform in New Zealand

13 Jul 2023   House value rises predicted for early next year

12 Jul 2023   [OPINION] Kiwi property vs Kiwi shares

10 Jul 2023   Sales slowly getting back to market driven cycle

6 Jul 2023   The Greens chaotic thinking over rent controls

4 Jul 2023   Property market listings stay at the bottom of the barrel

3 Jul 2023   [OPINION] When a Bill’s objective is vague, its provisions are rudderless

June 2023

30 Jun 2023   Unqualified chartered engineer flouts rules and signs off hundreds of homes

29 Jun 2023   House prices and rents on the cusp of lifting

27 Jun 2023   Rents lift for suburban retail property

26 Jun 2023   [OPINION]Housing crisis makes growth all about ‘up-and-out’ not ‘up-or-out’

23 Jun 2023   Property sales finally stop falling

22 Jun 2023   Fresh highs for rents

20 Jun 2023   West Coast joins the property price decline for the first time

15 Jun 2023   Confidence returning to the housing market slowly

14 Jun 2023   Where to buy property

14 Jun 2023   House values hold where first home buyers active

13 Jun 2023   Nearly $300,000 wiped off Auckland house values

9 Jun 2023   Illegal car park storage could mean end of tenancy

9 Jun 2023   Weighing up objectives when it comes to investing

9 Jun 2023   Medium density housing keeps rents lower

8 Jun 2023   Scrutinise borrowing in light of trust tax rise

7 Jun 2023   Huge amount of income to service investment property

7 Jun 2023   [OPINION] Property investors just as guilty of short-termism as stock market investors

6 Jun 2023   Tenant who never resided at rental still liable for damages

1 Jun 2023   Property prices fall at slower rate as trough is close

May 2023

31 May 2023   Running backwards into a housing deficit again

30 May 2023   Interest rate changes top priority for investors

25 May 2023   Investors coming off the fence

24 May 2023   World of pain coming and landlords give up

24 May 2023   Retail on the tipping point

23 May 2023   [OPINION] No-cause terminations not the answer

22 May 2023   The questions landlords rarely ask

18 May 2023   No lolly scramble for landlords

18 May 2023   Reminder to check property tax status

17 May 2023   Investors buying power plunges

15 May 2023   The end of the housing cycle

12 May 2023   First home buyer sales slump but market share high

11 May 2023   Market keeps getting worse as sales collapse

4 May 2023   How DTIs will affect investors

3 May 2023   Auckland sales at 22 years low

2 May 2023   Snail’s pace for new listings

1 May 2023   Work from home lifts rents in outer suburbs

April 2023

28 Apr 2023   House price falls predictions drop

28 Apr 2023   Droves of landlords want to raise rents

24 Apr 2023   Mental suffering underlined in failed eviction bid

24 Apr 2023   How to set rents when inflation is rampant

20 Apr 2023   Worst of house price drops could be at an end

18 Apr 2023   March better but housing still in the doldrums

17 Apr 2023   Building costs growth slows

14 Apr 2023   Rent drops bad news for landlords

13 Apr 2023   Australian real estate giant hopes to shake up NZ market

12 Apr 2023   House values drop by $250,000 in Wellington and Auckland

11 Apr 2023   A $1.5 trillion wall of debt looming for US commercial properties

6 Apr 2023   House price falls in hundreds of thousands

5 Apr 2023   House sales up slightly but still way off peak

3 Apr 2023   What a wobbly global financial market could do to NZ housing

March 2023

30 Mar 2023   On the cusp of a big downturn for residential builders

29 Mar 2023   Rents reach all-time weekly highs

29 Mar 2023   What commercial real estate investors want

28 Mar 2023   [OPINION] Property always goes up or does it?

27 Mar 2023   Wealth drops for the rich but opportunities ahead

24 Mar 2023   More landlords than ever thinking of selling

23 Mar 2023   Biggest property sales slump in nearly 40 years

22 Mar 2023   Government legislation drives rents and higher house sales

21 Mar 2023   Harsh land and investment laws will prevent new supermarket entrants

14 Mar 2023   Doing repairs and renovations the right way

13 Mar 2023   Buyers walking away from deals over flood risk

10 Mar 2023   Home values still nowhere near pre-pandemic levels

8 Mar 2023   Questions to consider before becoming a landlord

7 Mar 2023   Compensation bid fails for landlord falsely accused of using drugs

6 Mar 2023   Housing market likely to reach GFC lows

3 Mar 2023   [OPINION] Ever increasing risk for property investors

3 Mar 2023   Severe sales slump as market hobbled by February’s extreme weather

2 Mar 2023   Wellington’s affordability lifts out of the doldrums

1 Mar 2023   The effects of flooding and cyclone on housing

1 Mar 2023   Homeowners are holding back from putting their property on the market

February 2023

27 Feb 2023   Retail bouncing back in all main centres

24 Feb 2023   [OPINION] What to do when you are not buying property

24 Feb 2023   Property prices doubled since 2013

23 Feb 2023   Mum and dad investors selling

22 Feb 2023   Record highs for rents and record drops for house prices

21 Feb 2023   The benefits of regular home inspections

20 Feb 2023   House resale profits slump markedly

16 Feb 2023   Thrive and survive in year of challenges

14 Feb 2023   House sales plummet to lowest ever

14 Feb 2023   Rents higher under property managers

13 Feb 2023   How landlords can survive the cost of living crisis

10 Feb 2023   Property investor comeback not likely for a while

10 Feb 2023   Tenancy Tribunal slices rent increase

9 Feb 2023   Not the time for rent freeze calls

8 Feb 2023   Construction costs rise expected in wake of floods

8 Feb 2023   Will Election 2023 have an impact on property market activity?

2 Feb 2023   Slow 2023 start to residential market

1 Feb 2023   Five tips for new property investors’ success

January 2023

31 Jan 2023   One change could help renters’ cost of living crisis

30 Jan 2023   Tips for landlords to get through the Auckland flooding

26 Jan 2023   Rent increases slow

24 Jan 2023   What active Investors are planning this year

23 Jan 2023   Housing policy curve balls and election inertia

18 Jan 2023   Disappointing year end to tough housing market

18 Jan 2023   From squeeze to crush

17 Jan 2023   Five big questions commercial real estate is asking

16 Jan 2023   [OPINION] New Zealand LVRs not likely to be loosened this year

12 Jan 2023   Tribunal decisions interfering with landlords rents

10 Jan 2023   Cost of building a new house skyrockets

10 Jan 2023   Investor tax burden already affecting rental property

9 Jan 2023   Tough year for Barfoot & Thompson

9 Jan 2023   House prices drop in nearly every suburb across the country

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