Hawke's Bay Property Investors' Association

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Hawkes Bay News

NZPIF slams ‘Super Ministry' plans

Plans to fold the Department of Building and Housing (DBH) into a new Super Ministry "may disadvantage everyone in the rental industry," claim the Property Investors Federation (NZPIF).
16-03-2012 more >>

King calls for talks with Ministers over ‘bombshell’ DBH plans

UPDATE: New Zealand Property Investors Federation (NZPIF) president Andrew King plans urgent talks with Government Ministers to get answers about the proposed merger of the Department of Building and Housing (DBH).
16-03-2012 more >>

DBH to be merged into new Ministry of Business, Innovation and Employment

Property investors are surprised and concerned about the implications of the Department of Building and Housing being merged with the ministries of Labour, Economic Development and Science and Innovation.
15-03-2012 more >>

Auckland rent crisis at record high

Auckland's rental crisis has intensified - average weekly rent for a three-bedroom house has jumped $55 in a month and rents in popular suburbs have risen 25 per cent in the last year.
14-03-2012 more >>

REINZ Regional round-up

The REINZ Regional Report reveals just two regions failed to record double-digit sales growth on last year.
13-03-2012 more >>

Mortgagee sales hit record levels

Ombudsman Deborah Battell says New Zealanders need to be aware of what might happen if they can't service their mortgage payments and how they can help themselves.
13-03-2012 more >>

February sales hit four-year high

Figures from the Real Estate Institute of New Zealand (REINZ) revealed there were 6,168 unconditional sales in February 2012, up 37% or 1,666 sales compared to the same month last year.
13-03-2012 more >>

Prices up but value growth ‘very modest,' says QV

Nationwide values are up 1.1% over the past three months, 2.9% up over the past year and are now 2.9% below the previous market peak of late 2007.
13-03-2012 more >>

Another Ha company goes belly up

Another company owned by Don Ha has been placed into liquidation, the latest in a string of company collapses for the self-styled property king.
06-03-2012 more >>

Govt pays $600m to repair state houses

State houses are costing about $3000 a year each to repair and maintain.
05-03-2012 more >>

Auckland sales soar in February but price growth muted

Auckland saw the largest number of house sales in the February month for five years but listings remain low and price rises modest, according to Barfoot & Thompson.
05-03-2012 more >>

Your dream home: Buying vs building

Home ownership has long been the New Zealand dream, and many of us are turning that fantasy into reality.
05-03-2012 more >>

Building activity picks up from historic low

Residential building work and the Canterbury reconstruction helped building activity increase 2.9% in the December quarter from the previous quarter's decade-low.
05-03-2012 more >>

February sees leap in sales and asking price

New property listings in February were up 58% from January and the national average asking price hit $426,575 - a 3% rise on the same time last year, according to Realestate.co.nz.
01-03-2012 more >>

Should you be putting your rents up?

There has been quite a bit of media attention on increasing rental prices recently. This is a common occurrence at this time of the year, as many people are change their circumstances in the new year and University Students are coming back at the start of the new academic year. But does that mean we can all put our prices up?
01-03-2012 more >>

Apartments lead rise in housing consents

The number of new home approvals rose in January 2012 compared to the year earlier, with apartments accounting for almost half of the increase.
29-02-2012 more >>

Nationwide prices up but provinces see falls: QV

Nationwide residential property values have continued to rise with Auckland leading the charge, according to the latest QV monthly index.
14-02-2012 more >>

Sales soar 25% in January

January 2012 saw a 25.2% rise in house sales making it the best January for sales volumes since 2008, according to the Real Estate Institute of New Zealand (REINZ).
14-02-2012 more >>

REINZ Regional Commentaries - January 2012

Many regions record double-digit sales growth in January with Waikato/Bay of Plenty seeing 35% more sales than this time last year.
14-02-2012 more >>

Auckland and Chch housing hotspots

The gulf between the Auckland housing market and the rest of the country appears to be widening according to the latest ASB Housing Confidence Survey.
13-02-2012 more >>

Rent optimism trumps tax changes to spark investor activity

Property investors have been spurred back into action by stories of rising rents and accommodation shortages and are back in the market, according to the first
10-02-2012 more >>

Warm Rentals Bill proposals may get landlords hot under collar

Property investors and landlords may be legally required to ensure their properties meet Government standards for heating and energy efficiency if a Bill proposed by Green MP Gareth Hughes becomes law.
07-02-2012 more >>

Auckland market sees strongest January for four years

The Auckland property market saw its strongest January in four years with prices reaching the highest average ever for the month, according to Barfoot & Thompson.
03-02-2012 more >>

‘No end in sight' to rent rises, tenant bidding wars

More property investors are set to return to Auckland and will eventually branch out to other centres, according to BNZ economist Tony Alexander.
03-02-2012 more >>

Migration turnaround likely to underpin housing market

The housing market recovery is likely to be underpinned by a turn-around in net migration from the second half of this year and into next. The Department of Labour is predicting annual net migration will go from a net inflow of just below 4,000 people in the year ended June last year to an outflow of about 4,000 in the near term before turning back to a net inflow of about 6,000 in mid to late 2012 and early 2013.
02-02-2012 more >>


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