About
Greg Ninness is the Property Editor of interest.co.nz. He has worked as a business journalist since 1990 and covered the commercial and residential property markets since 2005.
Greg Ninness
Latest articles
High stock levels and large number of properties being withdrawn from sale suggest buyers remain firmly in control of the housing market
15
High stock levels and large number of properties being withdrawn from sale suggest buyers remain firmly in control of the housing market
REINZ's August sales numbers and median prices both dropped month-on-month
Auction rooms busier but fewer properties selling under the hammer
Housing market to remain subdued this year before house price rises next year, Westpac economist Kelly Eckhold says
17
Housing market to remain subdued this year before house price rises next year, Westpac economist Kelly Eckhold says
Cotality says supply of housing has overtaken population growth in some parts of NZ, contributing to downward pressure on property values
24
Cotality says supply of housing has overtaken population growth in some parts of NZ, contributing to downward pressure on property values
Net population gain from migration down to 13,066 in 12 months to July this year from 115,785 in July 2023 year
2
Net population gain from migration down to 13,066 in 12 months to July this year from 115,785 in July 2023 year
Average asking prices on Trade Me Property declined by $41,100 over autumn/winter - Auckland asking prices down by $72,700
15
Average asking prices on Trade Me Property declined by $41,100 over autumn/winter - Auckland asking prices down by $72,700
QV says Nelson and Wellington leading the way as housing market slump deepens
Residential property auction activity struggling to shrug off winter
The building industry contracted by $3.571 billion in the year to June
Cotality says caution dominates the housing market, and it's 'unlikely people will be rushing out to bid up house prices aggressively over the rest of 2025'
33
Cotality says caution dominates the housing market, and it's 'unlikely people will be rushing out to bid up house prices aggressively over the rest of 2025'
The 1208 new homes completed in Auckland in June was down 8.6% year-on-year
Barfoot & Thompson's sales dip slightly in August - stock levels remain high
Average residential construction costs increased by just 1.2% in 12 months to August according to QV Costbuilder
Average residential construction costs increased by just 1.2% in 12 months to August according to QV Costbuilder
Residential building slump appears to have bottomed out in 12 months to July - fewer townhouses/home units being built and more apartments
2
Residential building slump appears to have bottomed out in 12 months to July - fewer townhouses/home units being built and more apartments
A jump in new listings on Realestate.co.nz keeps total stock levels at an 11 year high at the start of spring
12
A jump in new listings on Realestate.co.nz keeps total stock levels at an 11 year high at the start of spring
Sales rate drops to 43% from 49% at the latest residential property auctions
Low equity mortgage lending to first home buyers is at record levels
ANZ economists expect the OCR to be cut to 2.5% by the end of the year but point to it going back up at some stage
24
ANZ economists expect the OCR to be cut to 2.5% by the end of the year but point to it going back up at some stage
First home buyers have benefited considerably from falling house prices and interest rates over the last few years
13
First home buyers have benefited considerably from falling house prices and interest rates over the last few years
Shortcomings in the Reserve Bank's current mortgage lending database should be resolved by new reporting system currently being developed
Shortcomings in the Reserve Bank's current mortgage lending database should be resolved by new reporting system currently being developed
The latest auctions achieved the highest overall sales rate in almost two years
Cotality says the rest of 2025 for the housing market may be just as subdued as the first 7-8 months of the year, despite Wednesday's OCR rate cut
8
Cotality says the rest of 2025 for the housing market may be just as subdued as the first 7-8 months of the year, despite Wednesday's OCR rate cut
Easing residential rents will be good news for tenants in most areas - not much fun for landlords
45
Easing residential rents will be good news for tenants in most areas - not much fun for landlords
House prices are languishing even as interest rates decline but sales volumes are holding up