Latest Property Headlines

Property Institute of New Zealand Chief Executive Ashley Church says the impact of the election on the New Zealand property market can already be largely predicted – even though the final make-up of the next Government could be weeks away. Church says that the role of NZ First as ‘King or Queen maker’ in coalition […]

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Plans to prevent a Wellington housing crisis have been given the green light. Wellington City Council voted unanimously on Thursday to forge ahead with the largest reform of the city’s housing policies in decades. Council chief executive Kevin Lavery warned councillors implementing the plan was going to be tough and achieving its goals could require […]

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Prime Minister Bill English has defended his government’s record on housing supply and demand responses, saying demand had both been underpinned by government subsidies for first home buyers while also being cut by way of loan-to-value ratio restrictions and introduction of a two-year capital gains tax which excludes the family home. Supply was set to be […]

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Latest data from the Real Estate Institute of New Zealand indicates that not one region in NZ experienced an increase in the number of properties sold for the year ended in August – a phenomenon that has only happened three times in the last seven years. The number of properties sold fell by 20% in […]

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 Labour’s rent plan has had many landlords saying they would push up rents if changes come after this month’s election. 816 landlords answered a New Zealand Property Investors’ Federation survey, 73.6% said they would increase rents if a ‘suite of policies aimed at making it harder for them to provide rental properties was introduced,” the federation […]

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The Jacinda effect is taking hold of me. As a full time property investor, and long-time National supporter, I’ve never been so tempted to vote for Labour. The value of my property portfolio is sure to rise. Capital gains tax has long been touted by Labour as the solution to rising house prices. Precisely the […]

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Warnings of mortgage rate rises and the upcoming election are key to a sea change in sentiment about house price growth, according to the Property Institute. The Institute’s latest poll shows the number of people expecting house prices to rise in the next six months is down to 30%. This is the lowest level since […]

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The 1 NEWS poll has found that 58% of people surveyed supported a capital gains tax on properties other than the family home, with 34% opposing it, and eight% unsure. Political editor Corin Dann said Labour would be buoyed by the result, considering leader Jacinda Ardern has said she won’t rule out the possibility of […]

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