Latest immigration statistics reveal migration inflows have dropped rapidly since the start of the year, from 13,000 in January, to below 5000 in June.

Independent property managers have rubbished claims by property managers affiliated to the Real Estate Institute that property managers, letting and leasing agents should be included in new regulatory changes to the Real Estate Agents Act 1976 on the same basis as real estate agents and salespeople.

Home Loan report: Falls in some interest rates for fixed term home loan rates appear to be an illusion of a market turnaround.

A strong regional economy and a supply of housing still seen as affordable are contributing to a stable real estate sector in Manawatu.

One in five complaints to the Real Estate Institute concerns letting, leasing and property management, says institute president Murray Cleland. Yet the government is not currently proposing to bring property managers, letting and leasing agents into the new regulatory changes to the Real Estate Agents Act on the same basis as real estate agents and salespeople.

One bank is forecasting that the boom is over for the housing market and interest rate raises are wiping significant value off investments.

Work is now in full swing on Tauranga’s major new residential development, The Lakes, and Auckland property investors have snapped up eight of the first ten homes.

REINZ president Murray Cleland says the government’s review of the Real Estate Agents Act do not go far enough and will leave the public vulnerable.

We are currently “pretty near” the top of the current property cycle, and investors need to prepare for the coming downturn when “things will get really gloomy,” author and television personality Martin Hawes told an Auckland Property Investors’ Association meeting this week.

Contrary to recent reports, the residential property market cooled its heels in June, with signs that the market may be in for a period of consolidation, according to the Real Estate Institute (REINZ).

Mike Pero Mortgages is advising people with existing home loans to talk to a mortgage broker about KiwiSaver before committing to join the scheme.

What's happening to house prices in the main urban areas:

Despite the continuing rise in interest rates this year, rental property investment is showing remarkable resilience, remaining the most favoured investment vehicle for investors.

QV’s June statistics show growth in national property values at 12.2% over the past year; an increase from the 11.1% reported in May.

Owning your own home in Queenstown has become more difficult, if not impossible, for new entrants to achieve, new research by MAC Property shows. This could mean more people looking to rent accommodation and higher rents.

The Property Council has asked the Ombudsman to investigate Housing Minister Chris Carter’s decision not to release information about possible government proposals to introduce an affordable housing development contribution scheme.