Greg Ninness

A home unit in Hamilton fetched $300,000 at Bayleys' latest auctions but the cheapest sale in Auckland was a house in Papakura that went for $678,500

A home unit in Hamilton fetched $300,000 at Bayleys' latest auctions but the cheapest sale in Auckland was a house in Papakura that went for $678,500

Some commercial properties in Auckland are selling for half the price of an average house and providing better returns

Some commercial properties in Auckland are selling for half the price of an average house and providing better returns

Gross residential rental yields below bank deposit rates in parts of Auckland as investors chase capital gains. Yields on a slippery slope around the rest of the country

Gross residential rental yields below bank deposit rates in parts of Auckland as investors chase capital gains. Yields on a slippery slope around the rest of the country

Check the prices achieved at Harcourts' auctions in Auckland, Waikato, Hawkes Bay, Taupo, Palmerston North, Kapiti, Wellington, Christchurch, Queenstown and Wanaka

Check the prices achieved at Harcourts' auctions in Auckland, Waikato, Hawkes Bay, Taupo, Palmerston North, Kapiti, Wellington, Christchurch, Queenstown and Wanaka

First home buyers in Auckland were slightly better off in September but rapidly rising prices in other regions may be a problem for some

First home buyers in Auckland were slightly better off in September but rapidly rising prices in other regions may be a problem for some

Results from Barfoot & Thompson's auctions at Manukau, the North Shore and Auckland CBD

Results from Barfoot & Thompson's auctions at Manukau, the North Shore and Auckland CBD

Bayleys sells 59% at Auckland auctions. Houses flying out the door at Matamata auction

Bayleys sells 59% at Auckland auctions. Houses flying out the door at Matamata auction

Migration numbers continue to break all records, driven by strong growth from China, the UK and Australia

Migration numbers continue to break all records, driven by strong growth from China, the UK and Australia

Landlords getting no rental growth in Auckland and face falling rental income in Christchurch, but they'll be smiling in Wellington

Landlords getting no rental growth in Auckland and face falling rental income in Christchurch, but they'll be smiling in Wellington

Baby boomers are snapping up better quality apartments but traditional investment units becoming more difficult to move

Baby boomers are snapping up better quality apartments but traditional investment units becoming more difficult to move

Harcourts' auction results from Auckland, Hamilton, Taupo, Palmerston North, Wellington and Christchurch

Harcourts' auction results from Auckland, Hamilton, Taupo, Palmerston North, Wellington and Christchurch

Barfoot & Thompson's auction clearance rates ranged from 34% to 60% last week

Barfoot & Thompson's auction clearance rates ranged from 34% to 60% last week

Trade Me Property says house asking prices flattening out, especially for multi-unit properties such as home units and apartments

Trade Me Property says house asking prices flattening out, especially for multi-unit properties such as home units and apartments

At Bayleys' latest auctions only three Auckland homes sold for under $600,000; two of those were apartments but a three bedroom house on a reasonable section went for $485,000

At Bayleys' latest auctions only three Auckland homes sold for under $600,000; two of those were apartments but a three bedroom house on a reasonable section went for $485,000

Meth contamination is a big worry for landlords, especially in the Waikato, but it won't stop them buying more properties

Meth contamination is a big worry for landlords, especially in the Waikato, but it won't stop them buying more properties

Just over half sold under the hammer at the latest apartment auctions but it's getting harder to close the gap between the price vendors expect and what buyers are prepared to pay

Just over half sold under the hammer at the latest apartment auctions but it's getting harder to close the gap between the price vendors expect and what buyers are prepared to pay

Augusta's latest property syndicate offers relatively attractive returns but investors should think carefully about its upfront costs

Augusta's latest property syndicate offers relatively attractive returns but investors should think carefully about its upfront costs

Auckland's housing market takes a breather but the rest of the country is buoyant

Auckland's housing market takes a breather but the rest of the country is buoyant

Auction results: Auckland property sells for $5.86m. Buyers active at Harcourts' auctions in Auckland, Waikato, Taupo, Manawatu, Wellington and Christchurch

Auction results: Auckland property sells for $5.86m. Buyers active at Harcourts' auctions in Auckland, Waikato, Taupo, Manawatu, Wellington and Christchurch

Government rejigs immigration rules to require higher skills to gain residency, reduces the number of older migrants following their children and settling here

Government rejigs immigration rules to require higher skills to gain residency, reduces the number of older migrants following their children and settling here

Clearance rates at Barfoot's main auctions ranged from 28% to 60%

Clearance rates at Barfoot's main auctions ranged from 28% to 60%

Bayleys had fewer homes to auction but sold three quarters of them at last week's auctions

Bayleys had fewer homes to auction but sold three quarters of them at last week's auctions

House prices in Auckland climbing faster than London, Los Angeles, Tokyo, Melbourne or Sydney

House prices in Auckland climbing faster than London, Los Angeles, Tokyo, Melbourne or Sydney

Only a third of the units offered sold under the hammer at this week's major Auckland apartment auctions

Only a third of the units offered sold under the hammer at this week's major Auckland apartment auctions

Harcourts latest auction results show homes more likely to sell under the hammer in Christchurch and Wellington, less so in Auckland and Hamilton

Harcourts latest auction results show homes more likely to sell under the hammer in Christchurch and Wellington, less so in Auckland and Hamilton