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Greg Ninness

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. 

Member for

12 years 3 months

Latest articles

Another slow week in the auction rooms with just over a third selling under the hammer
11
Another slow week in the auction rooms with just over a third selling under the hammer
Fewer foreign migrants arriving in this country and more NZers leaving are pushing down migration-driven population growth
35
Fewer foreign migrants arriving in this country and more NZers leaving are pushing down migration-driven population growth
Average asking rents on Trade Me Property 3.1% lower in July compared to a year ago
1
Average asking rents on Trade Me Property 3.1% lower in July compared to a year ago
REINZ says buyers in no rush to make a purchase as prices cool slightly in July and listings edge up
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REINZ says buyers in no rush to make a purchase as prices cool slightly in July and listings edge up
More than one-in-six residential property sales in Auckland in Q2 was loss-making
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More than one-in-six residential property sales in Auckland in Q2 was loss-making
QV says housing market remains subdued as values decline over winter
9
QV says housing market remains subdued as values decline over winter
The average sizes of new warehouses and retail premises are increasing while their average build costs are decreasing
8
The average sizes of new warehouses and retail premises are increasing while their average build costs are decreasing
Houses are still getting more expensive to build even as their average size gets smaller
15
Houses are still getting more expensive to build even as their average size gets smaller
Fewer properties on offer at the latest auctions but no change in the sales rate
29
Fewer properties on offer at the latest auctions but no change in the sales rate
Vendors may be becoming more realistic in their price expectations as asking prices slide on Trade Me Property
49
Vendors may be becoming more realistic in their price expectations as asking prices slide on Trade Me Property
Renters have more properties to choose from and asking rents are declining
8
Renters have more properties to choose from and asking rents are declining
Cotality says housing market conditions remain subdued and it's still a buyer's market in Auckland
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Cotality says housing market conditions remain subdued and it's still a buyer's market in Auckland
Barfoot & Thompson's July sales at a four year high - stock levels at a 17 year high
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Barfoot & Thompson's July sales at a four year high - stock levels at a 17 year high
The average auction sales rate has hovered around 40% for the last six weeks
11
The average auction sales rate has hovered around 40% for the last six weeks
The slump in residential building may have hit the bottom but costs have hit a record high
2
The slump in residential building may have hit the bottom but costs have hit a record high
Average asking prices in Auckland down for five consecutive months, with drop of $112,805 since February
22
Average asking prices in Auckland down for five consecutive months, with drop of $112,805 since February
The number of building consents issued for residential building alterations has declined by 20% over the last three years
23
The number of building consents issued for residential building alterations has declined by 20% over the last three years
Latest figures suggest new dwelling completions in Auckland are roughly in balance with building consents
Latest figures suggest new dwelling completions in Auckland are roughly in balance with building consents
The latest auctions had the lowest number of properties on offer since the three day week between Easter and Anzac weekend - sales rate dropped to 38%
14
The latest auctions had the lowest number of properties on offer since the three day week between Easter and Anzac weekend - sales rate dropped to 38%
ANZ economists expect three further rate cuts to take the OCR to 2.5% in February, although the effect on house prices will be "less potent" than in previous interest rate declines
13
ANZ economists expect three further rate cuts to take the OCR to 2.5% in February, although the effect on house prices will be "less potent" than in previous interest rate declines
The estimated average price paid by first home buyers in June was $682,000
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The estimated average price paid by first home buyers in June was $682,000
New work experience requirements mean fewer young people are coming to New Zealand on work visas
1
New work experience requirements mean fewer young people are coming to New Zealand on work visas
Home ownership now affordable for typical first home buyers in most parts of the country except Auckland and Tauranga
27
Home ownership now affordable for typical first home buyers in most parts of the country except Auckland and Tauranga
Residential auction sales rate tops 40% for only the third time this year
22
Residential auction sales rate tops 40% for only the third time this year
Real estate agencies estimated to have earned almost $2 billion in residential commissions in year to June
36
Real estate agencies estimated to have earned almost $2 billion in residential commissions in year to June