Recent articles in the NZ Herald have focused on the drastic increase in New Zealand property prices. Just the other day in fact, a couple purchased a house on the edge of Auckland’s city centre for $1M, $400,000 above its valuation. Supply is low, and demand is high and people are willing to stretch their limits to get on the ladder. While this is good news for sellers, the same can’t be said for investors. Many individuals looking to rent their properties are struggling to find tenants. REINZ suggests this could be a result of renters moving into home ownership, or simply staying for longer periods in their rental properties. Regardless, many investors are left to consider whether to drop…

For the super rich, having a residence in nearly every country in the world is a must. Just last year a Russian billionaire purchased a condo in New York City for his daughter, valued at approximately $88M. While this price tag isn’t attainable to the majority, fortunately the vast amount of property available in the United States is. With confidence in the economy on the rise, and prices remaining low, homes are being snatched up across the country. According to The Wall Street Journal it’s not just the locals making the purchases though; overseas property investment rose from $66B in 2011 to $82.5B by April last year. Simply stated, American real estate can be a smart investment for forei…

Just over a week ago Reuters magazine reported that America dominates the list for overseas property investment. For the first time in a decade, four out of the top five cities in the world on the list are in the United States. While the view was rather dismal for 2012, optimism is the theme for 2013, with many overseas investors expressing an interest in increasing their U.S. holdings this year. The survey, conducted by the Association of Foreign Investors in Real Estate (AFIRE), showed that buyers feel America provides the most stable global real estate investment. Over half of those surveyed also said it offers the best price appreciation, compared to competitors such as Canada, Australi…