Tuesday, June 22, 2010

Real Estate Websites Fight It Out In New Zealand

A recent Nielsen research survey has some findings that will affect were future real estate advertising dollars are spent.

realestate.co.nz Reveals Market Share | Property Portal Watch

Nielsen figures published by realestate.co.nz show the portal is second in the marketplace with less than half trademe.co.nz's unique visitor numbers.

Publish Date: 06/15/2010 10:04

http://www1.propertyportalwatch.com/2010/06/realestate-co-nz-reveals-market-share/

Thursday, June 17, 2010

NZ Real Estate News From Around The Country

Harcourt's Nelson Office Gets Honoured

Harcourts' Nelson franchise honoured | Harcourts Newsroom

Harcourts' franchise Property Sales (Nelson) Real Estate Limited was honoured at the recent Harcourts New Zealand conference, receiving a special award in.

Publish Date: 06/17/2010 14:16

http://news.harcourts.net/news/harcourts-nelson-franchise-honoured/


Impact Of Tax Increases On Real Estate Investments

Tax Increase On New Zealand Real Estate Could Prompt Price Declines

The impact to New Zealand's property market from tax changes in latest Budget, depends largely on landlord response. Nearly half of the landlords surveyed reported an intent to raise rents in order to offset the additional burden.

Publish Date: 05/27/2010 0:57

http://www.nuwireinvestor.com/articles/tax-increase-on-new-zealand-real-estate-could-prompt-price-55266.aspx


New Zealand House Prices - How They Compare

NZ house prices 15th | Real Estate Buzz

New Zealand house prices are ranked 15th on a list of 47 countries based on percentage change compiled by property consultancy Knight Frank. NZ was up 6.8 per cent comparing the first quarter of last year with this year's first… ...

Publish Date: 06/18/2010 3:20

http://www.realestatebuzz.com.au/nz-house-prices-15th/

How to get cottage for rent from realtor | Publish article New Zealand

For this reason, the safest way to get a flat is to cooperate with a real estate broker, that will let you to save time and gain confidence that you definitely will find a really good flat. Once the client contacts the agency, ...

Publish Date: 06/17/2010 19:52

http://newzealandprop.com/how-to-get-cottage-for-rent-from-realtor/


Latest New Zealand Real Estate Tweets:


Relevant Articles Update: Real Estate Guide to Buy or Rent Whangarei Northland and Coastal Property in New Zealand http://bit.ly/a7mhBF

By jackskin2 at 06/17/2010 20:47



Wednesday, June 16, 2010

$100 Million Residential Mortgage Sale

17 June 2010

New Zealand financial services company NZF Group has hit a milestone.

NZF Group completed a $100 Million Sale of Residential Mortgage. A $100 million sale of residential mortgage-backed securities was completed by NZF Group, a financial services Company, successfully, which is the first such New Zealand sale since the global financial crisis hit the world economy.

Sec Com unclear on where mortgage and insurance advisers stand ...

The New Zealand Mortgage Brokers Association (NZMBA) chairman Darren Pratley says he has told the Select Committee the Association's happy with the revised changes but it is disappointed that the opportunity to be an AFA has been taken ...

http://www.goodreturns.co.nz/article/976496865/sec-com-unclear-on-where-mortgage-and-insurance-advisers-stand.html


Measures to Hit Consumer Interests | TopNews New Zealand

The new measures are also being criticized by the New Zealand Mortgage Brokers Association. It represents 650 mortgage and insurance advisers across the country and feels that the new measures will severely harm the interests of the ...

Tuesday, June 15, 2010

New Zealand Interest Rate Rise

Recent blog posts relating to the rise in the official cash rate announced by the Reserve Bank of New Zealand.

New Zealand raises interest rate to 2.75 percent | Business

Wellington, June 10 - New Zealand's central bank Thursday raised the benchmark interest rate by 25 basis points to 2.75 per cent, the first hike in over a year. Reserve Bank governor Alan Bollard had kept the official cash rate (OCR) at ...

Publish Date: 06/10/2010 12:01

http://www.indiatalkies.com/2010/06/zealand-raises-interest-rate-275-percent.html


New Zealand could go bankrupt within next 5 - interest.co.nz ...

Interest - the leading provider of interest rate news to the New Zealand public. ... With New Zealands prosperity linked heavily to our agricultural exports, as a country we live and die by the quality of our biosecurity. ...

Publish Date: 06/10/2010 8:41

http://www.interest.co.nz/news/housing-bubbles-deceit/node/49690


Halo Financial: Currency - GBP / New Zealand Dollar

Having raised their interest rate last week the Reserve Bank of New Zealand set its stall out that it was not seeking to hike interest rates unless it was truly necessary. IF China does act to slow its economy, the fall in commodity ...

Publish Date: 06/15/2010 19:18

http://blog.halofinancial.com/2010/06/currency-gbp-new-zealand-dollar.html


In periods like this of scarce liquidity the best thingis to | G1Tube

In New Zealand, interest rate swaps dipped one to two basispoints along the curve, reversing some of Friday's rise asinvestors speculated upbeat jobs data had raised the prospectof more rapid tightening once the current easing period ...

Publish Date: 06/16/2010 3:34

http://www.g1tube.com/entertainment/in-periods-like-this-of-scarce-liquidity-the-best-thingis-to.html

Monday, June 14, 2010

One Less House Sold in New Zealand In May 2010

15 June 2010

As winter approaches, it is traditionally a quieter time for New Zealand real estate sales. Surprisingly enough, only one less house was sold across the entire country in May 2010 when compared to April 2010. Residential property sales in May 2010 were 5,206 whereas 5,207 residential properties were sold in April 2010.

Latest figures released by the Real Estate Institute Of new Zealand (REINZ) show residential house prices across the country dropped 1.4 per cent in May 2010.


Prices are more than 5 percent under the 2007 high. However, in the 3 months up to May 2010, housing prices went up 0.7 percent.

The median house price of $350,000 in May was $6,000 below the April medium price of $356,000.

Figures for major urban areas were as follows:
Wellington - May 2010 was 4.4 per cent higher than May 2009.
Christchurch - an increase of 4.2 percent.
Auckland - an increase of 3.7 percent

In other centres the figures for residential real estate sales in May were:

North Island suburbs - a decrease of 0.4 per cent.
South Island suburbs - an increase of 2.5 percent.