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
Building consent figures suggest slowdown in construction activity is likely to last beyond 2026
ANZ Property Focus Report says ample supply of homes for sale is keeping a lid on prices - expects mortgage rates to bottom out around the end of the year
4
ANZ Property Focus Report says ample supply of homes for sale is keeping a lid on prices - expects mortgage rates to bottom out around the end of the year
Residential construction continues to decline in Auckland and still has some way to go before it hits the bottom
1
Residential construction continues to decline in Auckland and still has some way to go before it hits the bottom
A slight improvement in the rental yield and cash flow figures for residential investment properties but in the absence of capital gains the numbers are still pretty grim
12
A slight improvement in the rental yield and cash flow figures for residential investment properties but in the absence of capital gains the numbers are still pretty grim
Just over 40% of mortgages approved to first home buyers in April were low equity loans
Big increase in the number of people aged 65 and older gaining NZ residence visas
More properties on offer at the latest auctions, 37% sold under the hammer
Advertised rents on Trade Me Property continue to slide due to high levels of rental stock
No change to affordability for first home buyers as house prices move sideways and the market waits for news on further interest rate cuts
10
No change to affordability for first home buyers as house prices move sideways and the market waits for news on further interest rate cuts
National median rent stagnates at $600 a week with no sign of rental growth in the current market
24
National median rent stagnates at $600 a week with no sign of rental growth in the current market
Just over a third of auctioned properties sold under the hammer, with 60% of selling prices below rating valuation
9
Just over a third of auctioned properties sold under the hammer, with 60% of selling prices below rating valuation
The amount of unsold housing stock on the market is worryingly high heading into winter
Housing sales and selling prices both edged lower in April, with REINZ saying buyers are being picky
43
Housing sales and selling prices both edged lower in April, with REINZ saying buyers are being picky
The percentage of residential properties being sold at a loss continues rising
Population growth from migration declined by almost three quarters in year to March as fewer migrants arrived and more people left NZ long-term
11
Population growth from migration declined by almost three quarters in year to March as fewer migrants arrived and more people left NZ long-term
NZ's average dwelling value increased by just 0.1% in the three months to the end of April, Auckland values continue to decline
10
NZ's average dwelling value increased by just 0.1% in the three months to the end of April, Auckland values continue to decline
Commercial building construction looking a bit sad with new warehouse space the bright spot
Commercial building construction looking a bit sad with new warehouse space the bright spot
Although fewer properties were on offer at the latest auctions the overall sales rate was one of the best so far this year
10
Although fewer properties were on offer at the latest auctions the overall sales rate was one of the best so far this year
Property developers and investors in IRD's sights for under-reporting GST and income tax
Large fall in the estimated build costs of retirement village units possibly signals a shift towards more affordable housing in the retirement sector
4
Large fall in the estimated build costs of retirement village units possibly signals a shift towards more affordable housing in the retirement sector
Trade Me Property warns anyone selling a home will need to have realistic price expectations to achieve a sale
17
Trade Me Property warns anyone selling a home will need to have realistic price expectations to achieve a sale
New home completions in Auckland during February slumped 43% year-on-year
Total number of homes Barfoot & Thompson has available for sale hits 17-year high
Fewer properties on offer, fewer selling under the hammer
New dwelling consents picked up in March perhaps signalling the start of an upturn for residential construction
8
New dwelling consents picked up in March perhaps signalling the start of an upturn for residential construction