Greg Ninness

Downturn hits Auckland housing market with prices and sales volumes falling substantially last month

Downturn hits Auckland housing market with prices and sales volumes falling substantially last month

New Colliers report shows capital gains from residential property declining and rental income returns going nowhere

New Colliers report shows capital gains from residential property declining and rental income returns going nowhere

Average asking prices on Trade Me Property drop in Auckland, mixed in the rest of the country

Average asking prices on Trade Me Property drop in Auckland, mixed in the rest of the country

Average house values drop in Auckland, with houses in coastal suburbs of the North Shore leading the fall

Average house values drop in Auckland, with houses in coastal suburbs of the North Shore leading the fall

Yields on Colliers' recent commercial property sales in 7.5% to 8% range, prices from under $1m to $2.75m

Yields on Colliers' recent commercial property sales in 7.5% to 8% range, prices from under $1m to $2.75m

Augusta's latest property syndicate is a whopper but it's not for everyone

Augusta's latest property syndicate is a whopper but it's not for everyone

Commercial building consents surged to an all time high of $5.9 billion last year with Auckland and Canterbury neck and neck

Commercial building consents surged to an all time high of $5.9 billion last year with Auckland and Canterbury neck and neck

Barfoot & Thompson's median price took a big drop in January but sales volumes were strong

Barfoot & Thompson's median price took a big drop in January but sales volumes were strong

Yield Indicator report show prices rising more quickly than rents in most places but prices and rents both falling in Christchurch

Yield Indicator report show prices rising more quickly than rents in most places but prices and rents both falling in Christchurch

The number of homes being listed for sale on Realestate.co.nz is well down on a year ago, asking prices dropping in Auckland, rising elsewhere

The number of homes being listed for sale on Realestate.co.nz is well down on a year ago, asking prices dropping in Auckland, rising elsewhere

Receivers put 1235ha dairy farm milking 2500 cows up for sale by international tender

Receivers put 1235ha dairy farm milking 2500 cows up for sale by international tender

Bayleys has 71% clearance rate at first auctions of 2016

Bayleys has 71% clearance rate at first auctions of 2016

Building consent numbers rising but still well short of what's needed to ease Auckland's housing shortage

Building consent numbers rising but still well short of what's needed to ease Auckland's housing shortage

Barfoots sells three out of seven under the hammer at first auction of the year

Barfoots sells three out of seven under the hammer at first auction of the year

First home buyers have been getting squeezed out of the Auckland market for more than two years

First home buyers have been getting squeezed out of the Auckland market for more than two years

Housing confidence is waning, especially in Auckland, according to ASB's latest Housing Confidence Survey

Housing confidence is waning, especially in Auckland, according to ASB's latest Housing Confidence Survey

Colliers' latest sales ranged from a small shop with a flat above it to large industrial buildings - yields within 6-8% range

Colliers' latest sales ranged from a small shop with a flat above it to large industrial buildings - yields within 6-8% range

Dairy farm prices dropped 10.8% last year but sales of lifestyle properties boomed

Dairy farm prices dropped 10.8% last year but sales of lifestyle properties boomed

Asking rents on Trade Me Property rose 7.6% in Auckland last year but declined by 6.7% in Christchurch

Asking rents on Trade Me Property rose 7.6% in Auckland last year but declined by 6.7% in Christchurch

Housing sales dived in Auckland last month but were setting records in the rest of the country - REINZ

Housing sales dived in Auckland last month but were setting records in the rest of the country - REINZ

Property syndicate suffers huge loss in value, investors to stump up with additional cash to fix problems

Property syndicate suffers huge loss in value, investors to stump up with additional cash to fix problems

Shamubeel Eaqub says there could be a modest correction in Auckland house prices but a potentially major downturn in Christchurch and Chinese investors won't be coming back

Shamubeel Eaqub says there could be a modest correction in Auckland house prices but a potentially major downturn in Christchurch and Chinese investors won't be coming back

Ratings agency Fitch expects house price growth of 4% in NZ this year, just 2% in Australia

Ratings agency Fitch expects house price growth of 4% in NZ this year, just 2% in Australia

ASB's Nick Tuffley thinks Auckland house prices will moderate this year as the action moves to other centres

ASB's Nick Tuffley thinks Auckland house prices will moderate this year as the action moves to other centres

Asking prices on Trade Me Property ended the year flat in Auckland, down in Wellington and Christchurch

Asking prices on Trade Me Property ended the year flat in Auckland, down in Wellington and Christchurch