Otago Property Investors Association Inc

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News & Updates

Recent updates

Archive: 2008

Otago Invester September issue

Receiving each issue of the Otago Investor is one of the benefits of membership of the Otago Property Investors' Association
20-10-2008 more >>

Rate falls and flat prices nudge house market towards buyers

Falling interest rates and flat house prices pushed house affordability to a two-year high in September, a survey shows.
17-10-2008 more >>

Govt-owned sections for lower-income earners

Labour has announced lans to open up areas of public land in pricey areas such as Auckland so modest income earners can build their own homes.
16-10-2008 more >>

Mortgage rates tipped to stay high

The Reserve Bank of NZ is tipped to cut the official cash rate this month, but mortgage holders and first home buyers are warned not to expect lower interest rates yet.
14-10-2008 more >>

Bollard: we don't need a rate cut yet

The Reserve Bank won't make an early cut to its interest rate, bu tis taking action to ease movement of money in the financial system
10-10-2008 more >>

The pressure is on for a BIG interest cut

In a shock-and-awe move, the Reserve Bank of Australia has cut its official cash rate by a full percentage point, putting pressure on its New Zealand counterpart to follow suit.
08-10-2008 more >>

House prices 'to keep falling until March'.

House prices are expected to hit bottom in March, and could fall to as much as 25 per cent down on boom levels, according to Treasury's pre-election report.
07-10-2008 more >>

Auckland home sales pick up with Spring

The number of homes sold in Auckland rose last month, reflecting a pickup in demand with the start of Spring. The average price fell, possibly reflecting the global credit crisis, according to real estate firm Barfoot & Thompson.
06-10-2008 more >>

Kiwis free to take up DIY tools

Kiwi DIY culture is set to flourish after the Government announced on 30 September relaxed building standards, but some builders are concerned about faulty construction from amateurs.
03-10-2008 more >>

Coming to grips with Building and Construction portfolio

Shane Jones says that coming to grips with the Building and Construction portfolio has been a bit like running straight off the bench into a rugby scrum...crouch, touch, and engage!
03-10-2008 more >>

Building code red tape cut

Landlords can look forward to some changes to the Building Code that come into effect on October 16, designed to make the building process less complicated for minor work.
03-10-2008 more >>

Beginning of the end for fixed rates?

Is it the beginning of the end for the fixed rate mortgage so beloved of New Zealand home owners?
02-10-2008 more >>

October '08 Issue

  • 10 Rental Safe Havens
  • Election '08: housing policies
  • Day in the life of a Mortgage Broker
    01-10-2008 more >>
  • Update on legislation of interest to property investors

    The election date is November 8 and the Real Estate Agents Bill comes into effect around November 2009. Other bills stay on the table until after the election.
    30-09-2008 more >>

    Building approvals fall to 22-year low

    New Zealand home-building approvals fell to a 22-year low last month, reflecting an economy that may not climb out of recession until the final quarter of the year.
    30-09-2008 more >>

    Looking for a straight swap.

    Royce Brazier is among the first to list a property in the new house trading website www.realestate.co.nz - but he' not new to trading properties.
    29-09-2008 more >>

    Hot property specials on Generation Homes member only section

    Specials from Generation Homes can now be accessed through a member only section of www.generation.co.nz. Have a look now!
    25-09-2008 more >>

    Hot property specials on new NZPIF member only section

    Specials from Generation Homes can now be accessed through a member only section of www.generation.co.nz. Have a look now.
    25-09-2008 more >>

    Hot property specials on new NZPIF member only section

    Specials from Generation Homes can now be accessed through a member only section of www.generation.co.nz. Have a look now.
    25-09-2008 more >>

    Housing New Zealand is suing a drug ring.

    Housing New Zealand is suing a drug ring after one of its homes had to be demolished because it was contaminated by the chemicals the group used to make methamphetamine with. Ten people have been convicted of charges relating to the manufacture of methamphetamine at the Napier state house.
    23-09-2008 more >>

    President's September report

    In Martin's absence, Andrew King writes about the Housing NZ 'P' case, tenant damage in Christchurch, importance of regular inspections and of checking the details of the cover your insurance policy provides you.
    23-09-2008 more >>

    Housing NZ sues drug ring

    Housing NZ is suing a drug ring after one of its homes had to be demolished because it was contaminated by the chemicals the group used to make methamphetamine with.
    22-09-2008 more >>

    Keep fixing short and sweet

    Now that interest rates have started along their downward path the recommended borrowing strategy is to go short. By short we are talking six months or one year.
    19-09-2008 more >>

    Keep mortgage terms short, says bank

    Following last week's half a percentage point cut to official interest rates, the ANZ is advising mortgage borrowers to keep their borrowing at relatively short terms.
    18-09-2008 more >>

    House affordability improves on back of house price, interest rate falls

    Housing affordability improved by a record amount in August to its best level since January last year after house prices fell sharply and fixed mortgage rates fell below 9 per cent.
    16-09-2008 more >>


    Results: 51-75 of 194

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