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Property tax change will deter offshore investors, says group

31 May 2010: The Government's move to scrap depreciation on listed commercial property is "completely out of whack" with the rest of the OECD and may make it harder to attract offshore investment, the Property Council says. read more >>

Housing consents soar 15pc in April

28 May 2010: The trend for new housing consents jumped 15.5 per cent in April, to reach the highest level in two years, says Statistics New Zealand. read more >>

Property pundits at odds over Budget

25 May 2010: A property seminar promoter says the Budget will not force out landlords and drive down house prices. read more >>

Key confirms new leaky homes package

17 May 2010: The Government will today present a new package to local authorities on how to divvy up payment of the billions it will take to repair thousands of leaky buildings, Prime Minister John Key confirmed today. read more >>

Property prices, sales down in April

14 May 2010: Property prices and sales fell in April, but the New Zealand residential property market is holding steady, says Real Estate Institute of New Zealand president Peter McDonald. read more >>

Mortgage break fees 'reasonable'

12 May 2010: Home owners hoping for compensation from their bank after being stung with high mortgage break fees may be out of luck after an investigation by the competition watchdog found most banks were charging reasonable fees. read more >>

House prices on Budget brink

10 May 2010: Uncertainty over next week's Budget with its potential for tax increases for landlords is being blamed for a sluggish property market. read more >>

Backyard renovations turning buyers away

9 May 2010: Home improvement is a national pastime in New Zealand, but DIY could actually be slashing your property's value. read more >>

Confidence in housing market weakens

7 May 2010: Confidence in the housing market has weakened as people await details of expected tax changes in the Budget on May 20 and the start to a series of interest rate rises from the Reserve Bank. read more >>

Auckland house sales dip last month, prices rise

5 May 2010: Auckland house sales fell last month, coming off a stronger track in March, suggesting property investors are becoming tentative ahead of the 2010 budget, which will curb tax breaks. read more >>


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