Rotorua Property Investors' Association

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News & Updates

Recent updates

Rotorua News

Traditional spring market true to form

Confidence continues to build in the residential property market, with sales showing continued signs of buoyancy for September, as well as a rise in new listings.
19-10-2009 more >>

Is there a housing shortage?

Housing has been a key driver of the economy over recent years, both in creating strong growth and the recent recession. NZEIR comments on the sustainability of the recovery suggested by recent house prices, house sales and building consents data.
14-10-2009 more >>

Numbers of available rental properties back to level of November 08

The numbers of rental properties being advertised on Trade Me and on www.realestate.co.nz have dropped right back to the totals listed on 1 November 08. This is a drop of about 1,000 across the country.
14-10-2009 more >>

REINZ regional highlights - September 2009

The latest figures from the Real Estate Institute of New Zealand (REINZ) show slow and steady improvement throughout the country. To find out what's happening with sales prices and turnover in the main regions, use the links in the story below.
14-10-2009 more >>

House prices extend gains in September

New Zealand house prices extended their gains in September, recovering to levels last seen in 2007, as confidence seeps back into the housing market.
14-10-2009 more >>

Property managers to register as authorised financial advisers

Property managers who receive rent or payments from tenants on behalf of landlords will need to become authorised financial advisers, according to new legislation.
13-10-2009 more >>

Martin Hawes: Taxing times are on the way.

Whether it is tax, rules ofr tenancies, state housing or incentives for home ownership, one of the difficulties with residential property investment is that it has always been a political football.
11-10-2009 more >>

Tax Working Group say property investors pay no tax

The $200 billion rental property sector not only pays no tax but is actually getting refunds when it might be fairly contributing tax of $500 million to $900 million a year, says a report from the last meeting of the influential Tax Working Group.
09-10-2009 more >>

Brian Fallow: Wider tax base bitter pill NZ has to swallow

Broadening the tax base is critical in the longer term, to avoid large increases in personal income tax and GST.
08-10-2009 more >>

It can be tricky finding the ideal tenant

Home leasing with Housing New Zealand means a long term lease and guaranteed rent for your property.
07-10-2009 more >>

Diana Clement: When investing becomes gambling

I'm taking a punt on this investment. How often have you heard this?
05-10-2009 more >>

POLITICAL & REGULATORY REPORT for September 2009

RESIDENTIAL TENANCIES AMENDMENT BILL – Select Committee report out The Social Services Select Committee presented its report and recommendations on the Bill to Parliament on 25 September. In an unusual move, the committee actually reported early as the paper was originally due for tabling on 5 October.
30-09-2009 more >>

Property managers to charge letting fees

Property managers will be able to compete with the real estate industry in charging letting fees.
30-09-2009 more >>

Sensible Tribunal decision helps protect communities

The NZPIF is pleased with yesterday's decision from the Lower Hutt District Court, confirming the previous decision of the Tenancy Tribunal that allowed HNZ to give a group of tenants 90 day notices.
30-09-2009 more >>

Changes to the RTA move into the final stretch

The select committee has reported back to Parliament.
29-09-2009 more >>

RTA changes reach next phase

Changes to the Residential Tenancies Act (RTA) have finally moved into the home stretch, with the bill being reported back to Parliament from select committee.
29-09-2009 more >>

Building approvals climb for second month

Total issuance of permits for dwellings climbed for a second month, which may herald a turning point in slack building activity.
29-09-2009 more >>

Latest ANZ Property Focus gives findings of recent survey

The ANZ in association with the NZPIF undertook the annual survey of property investors in June of this year.
28-09-2009 more >>

Listed property stocks set to soar

Listed property trust shares are set to soar if New Zealand enters a sustained period of inflation, according to NZ Funds Management.
28-09-2009 more >>

Mortgagee sales at all-time high

Mortgagee sales reached an all-time high in July and for the first time since records began, sales exceeded 300 for a single month.
28-09-2009 more >>

Housing affordability 'fair', borrowers locking in longer mortgages

ANZ National Bank's eight gauges of the property market found house affordability is back to "fair" levels, and the turnaround in sentiment has seen borrowers lock in longer mortgages as the prospect of rate hikes begins to grow.
25-09-2009 more >>

Numbers up, but don't get too excited just yet

Spring it seems came early to much of the residential property market, although warnings resound over not mistaking a slight recovery for another housing boom.
25-09-2009 more >>

New website listing not-for-sale properties, for sale

A new online listing service for commercial property has been launched, featuring not-for-sale properties.
24-09-2009 more >>

Housing market continues positive growth

The New Zealand housing market gained further momentum in August following a mid-winter turnaround, according to latest Mike Pero Mortgages/Infometrics Property Cycle Indicator.
23-09-2009 more >>

Taxing matters

Calls for a capital gains tax are gaining momentum, but unfortunately the capital gains debate thus far has been tainted with misinformation and a lack of clarity as to what a capital gains tax would hope to achieve. Frank Newman, who is a writer on investment and a part-time lecturer at Massey University, gives his views.
22-09-2009 more >>


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