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Friday 12th February

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Have a great weekend.
The Landlord

Latest News

Falling house sales may indicate faltering economy
Falling New Zealand house sale volumes and prices in January may indicate a domestic economy that's struggling to maintain momentum, according to economists. View More

Key's silence on depreciation indicates it's a focus
KPMG believes the silence on depreciation today in the Prime Minister's speech on tax indicates that this remains very much a focus for the government in its tax reforms. View More

Key kicks for touch on property tax
The government has ruled out almost all the property tax changes proposed by the Tax Working Group. View More

House values rise last month in 'patchy' market: QV
House values rose 4.4% in the year through January in what was a "patchy" first month for 2010. View More

Mortgage Rates

TSB followed Kiwibank's move earlier in the week, reducing its variable mortgage rate yesterday. TSB's variable and revolving credit rates both decreased by 40 basis points from 6.39% to 5.99%.

The latest REINZ house sales data is due out today, but we can tell you it will show the housing market was quiet in January. View more

L A T E S T   H O T   L I S T I N G S

20% Below Value, Brick and Tile Unit in Good Condition Mt Maunganui: $296,000 Two bedroom brick and tile unit in good condition with internal access garaging. North facing unit with private fully fenced landscaped garden, brick construction with aluminum joinery and a tile roof. [More] Do you want to receive a news feed every time a new Gem is added, direct to your inbox? Click here to subscribe

Ask an expert your question

The Ask an Expert section is a free service provided for property investors in conjunction with a panel of selected property experts.

The latest Q&A's are:

	Finance  Are there any risks with serviced apartment investing?
	Tax/LAQC  Leasing land tax implications?
	Tenancy  The ultimate answer: who pays for water charges?
	Conveyancing  What do I need to include on my sale & purchase agreement?

Do you have a burning property investment question you need answered? Click here to ask now.

Have you checked out our Ask an Expert archive yet?

Diary

Meetings:
Next week Andrew King visits Auckland West members and discusses becoming a more professional landlord/property investor; Capital PIA commence their Practical Residential Landlord Workshops; and APIA host Dan Edgerton who gives ANZ's Economic Forecast for 2010.

Seminars:
Ready to step up your wealth creation plans? Why not attend a FREE Wealth Seminar hosted by StepLadder: Straight Up Property Investing. Be sure to check out the details in our Diary page.

If you want your event to be listed please email info@landlords.co.nz