Greg Ninness

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

Housing market turned slightly in first home buyers' favour in April but how long will it last?

Housing market turned slightly in first home buyers' favour in April but how long will it last?

National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter

National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter

Auction results bouncing around with 37% of the properties offered sold under the hammer at the latest auctions

Auction results bouncing around with 37% of the properties offered sold under the hammer at the latest auctions

Children of foreign workers one of the main drivers of growth in student visa numbers

Children of foreign workers one of the main drivers of growth in student visa numbers

ANZ NZ says short term mortgage rates are cheaper but the certainty provided by longer term rates has value in the current economic climate because 'things could change quickly'

ANZ NZ says short term mortgage rates are cheaper but the certainty provided by longer term rates has value in the current economic climate because 'things could change quickly'

A huge overhang of unsold properties does not bode well for the housing market this winter

A huge overhang of unsold properties does not bode well for the housing market this winter

The number of properties selling under the hammer dropped below a third at the latest residential property auctions

The number of properties selling under the hammer dropped below a third at the latest residential property auctions

Substantial downturn in construction of new factories and industrial buildings

Substantial downturn in construction of new factories and industrial buildings

Fewer New Zealanders leaving the country and more migrants arriving is pushing up migration-driven population growth

Fewer New Zealanders leaving the country and more migrants arriving is pushing up migration-driven population growth

House prices and sales volumes both declined in April - Auckland market particularly soft: REINZ April data

House prices and sales volumes both declined in April - Auckland market particularly soft: REINZ April data

More than 40% of first quarter apartment resales were sold at a loss with almost one-in-five Auckland residential sales loss making

More than 40% of first quarter apartment resales were sold at a loss with almost one-in-five Auckland residential sales loss making

Number of new homes consented in Q1 up 14.6% with average build costs up 2.2%

Number of new homes consented in Q1 up 14.6% with average build costs up 2.2%

Housing values as flat as a millpond in April - QV House Price Index

Housing values as flat as a millpond in April - QV House Price Index

More homes selling under the hammer at the latest residential property auctions

More homes selling under the hammer at the latest residential property auctions

Over 1000 new homes were completed in Auckland in February but residential construction in the region remains relatively subdued

Over 1000 new homes were completed in Auckland in February but residential construction in the region remains relatively subdued

Average rents flattening in Auckland, still declining in Wellington, Realestate.co.nz says

Average rents flattening in Auckland, still declining in Wellington, Realestate.co.nz says

Residential real estate sales commissions up 4% in the first quarter year-on-year, and up 19% compared to two years ago

Residential real estate sales commissions up 4% in the first quarter year-on-year, and up 19% compared to two years ago

Barfoot & Thompson's sales numbers and selling prices both declined in April but stock levels were at an 18 year high for the month

Barfoot & Thompson's sales numbers and selling prices both declined in April but stock levels were at an 18 year high for the month

Very high number of new residential tenancies in February but rents were slightly softer

Very high number of new residential tenancies in February but rents were slightly softer

Auction rooms much quieter with fewer properties on offer and less than a third selling under the hammer

Auction rooms much quieter with fewer properties on offer and less than a third selling under the hammer

Total value of building work consented in the year to March was $28.4 billion, a 7.2% increase

Total value of building work consented in the year to March was $28.4 billion, a 7.2% increase

Housing stock for sale in April at 12-year high and asking prices declining on Realestate.co.nz as the market heads into winter

Housing stock for sale in April at 12-year high and asking prices declining on Realestate.co.nz as the market heads into winter

NZ's median dwelling value inched up 0.1% in April but Auckland and Wellington values still going backwards

NZ's median dwelling value inched up 0.1% in April but Auckland and Wellington values still going backwards

Low equity mortgage lending to first home buyers almost hit $1 billion in March

Low equity mortgage lending to first home buyers almost hit $1 billion in March