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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 4 months

Latest articles

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
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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
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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
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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
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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
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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
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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
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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
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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
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House prices are languishing even as interest rates decline but sales volumes are holding up
Another slow week in the auction rooms with just over a third selling under the hammer
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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
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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
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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
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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
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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
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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
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The average auction sales rate has hovered around 40% for the last six weeks