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Owner-occupier house finance falls 5.5%
Home loan approvals retreated for a third straight month in December after a reduction in government subsidies and interest rate rises dampened enthusiasm for mortgages, economists say.Australian...
- AAP Wednesday February 10, 03:53 PM -
Sigh of relief from property investors
Property investor and consultant Olly Newland is relieved the Tax Working Group's recommendations on property tax have been dumped.The Prime Minister has ruled out a comprehensive capital gains tax,...
- Newstalk ZB Wednesday February 10, 07:04 AM -
NZ residential building rebound lingers
A rebound in home building consents in New Zealand is expected to continue in coming years, but in a new report industry analyst BIS Shrapnel says the cycle will peak at a lower level of activity...
- AAP Tuesday February 9, 09:32 AM -
Don't clobber us, says property industry
There is a last gasp plea from the commercial property industry ahead of today's speech from Prime Minister John Key to mark the opening of Parliament.As part of a revamp of the tax system, Mr Key is...
- Newstalk ZB Tuesday February 9, 08:32 AM -
Residential building rebound tipped to continue
A rebound in home building consents is expected to continue in coming years, but in a new report industry analyst BIS Shrapnel says the cycle will peak at a lower level of activity compared to the...
- NZPA Tuesday February 9, 06:43 AM -
Kiwibank cuts variable mortgage rate
State-owned Kiwibank is cutting its variable mortgage rate by 14 basis points to 5.65 percent and hiking its 18 month fixed rate by 10 basis points to 6.49 percent.A spokesman for the bank said about...
- NZPA Monday February 8, 01:18 PM -
NZ property market up 4.4%
Property values in New Zealand were 4.4 per cent above the corresponding point last January, and 4.3 per cent below the peak of the market in late 2007, according to QV Valuations.The average sales...
- AAP Monday February 8, 08:58 AM -
Property market slow to pick up
Property values were 4.4 percent above the same time last January, and 4.3 percent below the peak of the market in late 2007, according to QV Valuations.The average sales price across New Zealand...
- NZPA Monday February 8, 06:25 AM -
Possible tax changes worry property investors
A lower than expected level of activity in the property market last month is likely to have been partly due to investors being cautious about the possibility of tax and interest rate changes.Figures...
- Newstalk ZB Monday February 8, 06:21 AM -
Auckland property market mixed in January
Auckland houses sold for an average $505,301 in January, down 8.6 percent on December and up 0.5 percent on January 2009, according to real estate company Barfoot & Thompson."This reflects that the...
- NZPA Thursday February 4, 02:10 PM -
Land prices, sales rise in Sept quarter
The dream of building a home has become dearer for Australians as land prices have risen to a new high, a survey says.The Housing Industry Association (HIA)-RP Data residential land report released...
- AAP Wednesday February 3, 09:17 PM -
Devine reports strong residential sales
Property developer Devine Ltd has reported strong first half residential housing and land sales ahead of the release of its interim financial results this month.Devine said that for the six months to...
- AAP Wednesday February 3, 03:56 PM -
Property groups welcome unchanged rates
Housing groups and mortgage brokers have welcomed the central bank's decision to leave the official interest rate unchanged, saying it is an opportunity to see the effect of previous...
- AAP Tuesday February 2, 09:03 PM -
Property trusts urged clarity on debt
Australia's listed property groups should disclose their complex debt structures to investors as their gearing levels are continuing to rise, an accounting firm says.With the launch of a new...
- AAP Tuesday February 2, 07:13 PM -
New home sales fall to 11-month low
Sales of new homes fell to a 11-month low in December as rising interest rates and a cut in government subsidies lowered demand for property, a leading industry body says.New home sales fell by 4.6...
- AAP Monday February 1, 05:22 PM
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