Independent economist Tony Alexander says there are plenty of reasons for investors not to leave the housing market.

It was another bloodbath in the housing market during May, according to the latest REINZ market data.

Over the next few years, capital gains will be harder to come by for property investors, which means the “nuts and bolts” of being a landlord are likely to become more important.

Any profits investors made on their rentals since November have been wiped out.

Kiwis’ house price expectations have crashed back down to earth, the latest ASB Housing Confidence Survey shows.

Auckland’s median house price have dropped 9.3% from its peak in November last year.

A massive increase in the number of properties on the market comes at the same time as sales plummet.

A six month extension is being proposed to the date at which better insulation for new houses will be required.

Mortgage lending to investors fell sharply last month as the housing market takes a nosedive, the latest Reserve Bank figures show.

In its Monetary Policy Statement outlining a 50 basis points Office Cash Rate increase to 2%, the RBNZ says it expects a total fall of 14% in house prices by early 2024.

A Hamilton tenant who claimed his landlord removed two ‘classic Japanese’ cars from his rented home without his knowledge or permission has been awarded $1500 compensation and $2000 in exemplary damages.

Rents charged by residential landlords in most parts of Auckland has risen by about 3% year-on-year to hit $616.32 a week, figures to the end of March show.

More than $2.6 billion of commercial property was sold across the country in the second half of last year beating the long-term average.

Private space tourism took a giant leap forward last year and this has pundits wondering about hotels and other buildings popping up any time soon.

CBD retail has been the most tested sector since the onset of the pandemic.

Rising interest rates are really starting to hurt the housing market.