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
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Despite a backdrop of falling interest rates, QV says average dwelling values had a flat summer
The national median rent kicked off 2025 with its first increase in 12 months
Fewer new shops and warehouses being developed as build costs remain high
The busiest week for housing auctions may have been the last week of February
Non-residential building work is starting to follow residential construction into negative territory
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Non-residential building work is starting to follow residential construction into negative territory
Construction costs flatten out as weak demand keeps a lid on prices, QV says
CoreLogic says median value of NZ homes was $807,164 in February with values slowly rising around the country
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CoreLogic says median value of NZ homes was $807,164 in February with values slowly rising around the country
A total of 15,668 fewer new homes a year are being consented compared to two years ago
Barfoot & Thompson's median selling price declines for three consecutive months as stock levels surge
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Barfoot & Thompson's median selling price declines for three consecutive months as stock levels surge
House buyers spoiled for choice in February with stock for sale up 13.6% and average asking prices down 4.6% year-on-year
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House buyers spoiled for choice in February with stock for sale up 13.6% and average asking prices down 4.6% year-on-year
Auction rooms exceptionally busy with more than 600 properties auctioned over the last week
A turnaround in home loan affordability for first home buyers has happened quite quickly
The average construction cost of new homes is now just under $450,000 - excluding land
The number of new homes completed in Auckland last year fell 5.2% year-on-year
People generally optimistic about house price gains but are less confident than they were a year ago - ASB Housing Confidence Survey
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People generally optimistic about house price gains but are less confident than they were a year ago - ASB Housing Confidence Survey
Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
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Almost 500 properties went under the hammer at the latest auctions with 41% selling under the hammer
Buyers spoiled for choice as the housing market gears up for its busiest time of the year
Auckland's median price dropped $51,000 in January, national median down $30,000
The outflow of NZ citizens appears to have peaked while inflows of foreign migrants have declined
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The outflow of NZ citizens appears to have peaked while inflows of foreign migrants have declined
Listings on Trade Me Property at a five year high in January while asking prices were in decline
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Listings on Trade Me Property at a five year high in January while asking prices were in decline
Auction activity little changed from late last year with no big upturn or major drop in activity
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Auction activity little changed from late last year with no big upturn or major drop in activity
Landlords will be lamenting the lack of rental growth in 2024 while tenants got some relief from rising rents
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Landlords will be lamenting the lack of rental growth in 2024 while tenants got some relief from rising rents
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
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First home buyers are becoming increasingly active in the housing market but they are choosing carefully
A total of 196,137 people were in NZ on work visas at the end of January, plus another 66,147 on student visas
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A total of 196,137 people were in NZ on work visas at the end of January, plus another 66,147 on student visas
QV sees some small value increases creeping into the housing market