http://www.compasspropertyinvestments.com/blog Property Investment News Thu, 21 Feb 2008 03:51:41 +0000 http://backend.userland.com/rss092 en Part One SOURCE NZ Herald 4.00AM Monday February 11, 2008 By Maria Scott 4:00AM Monday February 11, 2008 By Maria Scott Don't expect Alan Bollard to announce a steep drop in the cash rate. Photo / Mark Mitchell These must be troubling times for many property investors. Those reared on a diet of freely available credit and ... http://www.compasspropertyinvestments.com/blog/property-time-to-take-care-out-there/ Part One SOURCE NZ Herald 5.00AM Sunday February 10, 2008 By Anna Rushworth Olly Newland has been a property consultant and investor for 47 years but says 'a million doesn't tinkle the teacups' in today's Auckland market. A million-dollar home was once the ultimate symbol of a highly successful life. But times have changed - ... http://www.compasspropertyinvestments.com/blog/millionaires-row-is-now-just-main-st/ SOURCE NZ Herald 5.00AM Monday January 21, 2008 By Anne Gibson New Zealand has the least affordable houses in the world. It scores worst in an international survey of the world's six most expensive housing markets, passing Australia for the first time. Demographia, an international survey business run by Hugh Pavletich of Christchurch and Wendell Cox ... http://www.compasspropertyinvestments.com/blog/nz-houses-worlds-least-affordable/ SOURCE NZ Herald 5.00AM Tuesday January 15, 2008 The demand for apartments may be cooling. New Zealand's home-building approvals fell for a third month in November adding to signs that record-high interest rates are dampening demand for property, particularly apartments. Approvals to build new houses and apartments declined 0.1 per cent from October, when ... http://www.compasspropertyinvestments.com/blog/apartments-out-of-fashion-in-cooling-market/ SOURCE NZ Herald 5.00AM Monday January 14, 2008 Residential property prices rose at a slower pace in December for the fourth consecutive month, a trend expected to continue this year, according to national valuer QV. Property values rose 10 per cent for the December year, slowing from growth of 11.4 per cent in ... http://www.compasspropertyinvestments.com/blog/property-prices-slowing/ SOURCE NZ Herald 5.00AM Tuesday January 08, 2008 By Anne Gibson Devonport houses. Photo / Herald on Sunday Auckland house owners got much richer last year, despite a levelling-off in the super-heated property market. Figures from the city's largest agency, Barfoot & Thompson, and the Real Estate Institute showed Aucklanders got spectacular returns on housing, ... http://www.compasspropertyinvestments.com/blog/auckland-housing-gains-defy-warnings/ Part One SOURCE NZ Herald 5.00AM Tuesday January 08, 2008 By Anne Gibson Waiheke Island is one of the Auckland region's hottest real estate areas, according to SuburbWatch. More like a stone skimming the surface of the water than a rock sinking - that's how the housing sector's fortunes are being forecast for the year ahead by ... http://www.compasspropertyinvestments.com/blog/soft-landing-or-real-estate-hell/ SOURCE NZ Herald 5.00AM Thursday December 13, 2007 By Maria Slade Mortgage brokers face tough times as the dramatic slowdown in house sales and a cut in the commission they earn from banks eat into their incomes. Mike Pero Mortgages says it processed a third fewer loans last month than it did in November ... http://www.compasspropertyinvestments.com/blog/brokers-feeling-pinch-in-house-sales-slowdown/ SOURCE NZ Herald 5.00AM Thursday December 13, 2007 By Maria Slade While the numbers of house sales have slowed, house prices appear to have held up - so far. Real Estate Institute figures show the national median sale price was $352,000 last month, up from $350,000 in October and compared with $330,000 in November ... http://www.compasspropertyinvestments.com/blog/longer-to-sell-home-but-prices-holding-up/ SOURCE NZ Herald 5.00AM Wednesday December 12, 2007 New York - Plentiful jobs and big bonuses in the financial sector have supported home prices in New York City's richest borough even as other once red-hot property markets have cooled. But with financial markets hitting a rough patch this year, even Manhattan could feel ... http://www.compasspropertyinvestments.com/blog/wall-st-woes-to-hit-ny-housing-market/