GoodReturns | NZ’s financial adviser news-item centre

Market transferring in buyers’ favour

Wellington switched to a buyers’ market last month, while Auckland might soon follow.according to the Real Estate Institue.

Thu, Apr 7th 2022 11:10AM

Changes styming tax deductibility become law

3 min read

Drug using tenant cops damages awards twice in one year

3 min read

Investors back in the market with bigger mortgages

2 min read

Earning power should stop huge house price falls

Although the ANZ Bank has lifted its prediction of house prices falling to 10% from the 7% it forecast last month, it says its optimistic view is any greater drop will be tempered by household incomes.

3 min read

Earning power should stop huge house price falls

Drugs testing not enough to evict tenant

An attempt to evict a tenant has floundered at the Tenancy Tribunal despite methamphetamine being used at the rented house.

5 min read

Drugs testing not enough to evict tenant

Sellers hold on to price expectations as FOOP rears its head

The new fear in the housing market is one of over-paying (FOOP) .

4 min read

Sellers hold on to price expectations as FOOP rears its head

Don’t worry about prices - buying opportunities improving fast

Now that the housing market has turned and bargaining power lies strongly with investors and owner-occupier buyers and opportunities to get a property they want are now improving quickly.

2 min read

Don’t worry about prices - buying opportunities improving fast

Residential property sales hit a trough

February sales figures have dropped to the lowest number in a February month since 2011.

3 min read

Accountants provide simple answer to brightline test

Members of Parliament’s Finance and Expenditure Committee have been taken on a deep dive into the complexities of the new residential property tax rules.

4 min read

Accountants provide simple answer to brightline test

Records to topple for commercial and industrial sales

Commercial and industrial property sales last year are expected to zoom past $12 billion for the first time.

6 min read

Records to topple for commercial and industrial sales

Record hotel transactions despite tourism and pandemic woes

Hotel transactions across the country hit the highest level on record last year despite the pandemic and international tourism being on its knees.

3 min read

Record hotel transactions despite tourism and pandemic woes

Landlords: Don’t forget breach notices

A case recently before the Tenancy Tribunal reinforces the need for landlords to give anti-social breach notices if they want to evict a tenant for unacceptable behaviour upsetting neighbours.

5 min read

The rising OCR and its effect on mortgages

The Reserve Bank is predicting an annual fall in house prices of more than 5% by March next year and a total fall of about 9% starting from this quarter.

5 min read

The rising OCR and its effect on mortgages

Housing downturn faster than expected - Westpac

While Westpac Bank has long forecast a cooling in the housing market, the pullback has been faster than it expected.

5 min read

Housing downturn faster than expected - Westpac

Investors immune so far to credit crunch

CoreLogic’s Buyer Classification data for January shows the Credit Contracts and Consumer Finance changes from the end of last year are having little impact on investors.

3 min read

Investors immune so far to credit crunch

Landlords still hold the upper hand - just

While landlords are struggling to pay higher costs of owning a residential rental property, rents are absorbing 22% of gross average household income.

3 min read

Landlords still hold the upper hand - just

The key to being a commercial landlord

Ongoing periods of Covid-fuelled disruption to office tenancies in the past two years have not seen businesses give up their commercial leases en masse, despite predictions this would happen.

5 min read