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
Falling interest rates not having much affect on the amount first home buyers are paying for a home
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Falling interest rates not having much affect on the amount first home buyers are paying for a home
People who bought their first home 10 years ago should now be well placed to move up the property ladder into something more expensive
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People who bought their first home 10 years ago should now be well placed to move up the property ladder into something more expensive
BNZ report sees 7% house price growth this year but warns of downside risks too
Housing now considered affordable in most parts of the country but major pressure points remain for first home buyers in Auckland, Tauranga, Kapiti Coast and Queenstown
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Housing now considered affordable in most parts of the country but major pressure points remain for first home buyers in Auckland, Tauranga, Kapiti Coast and Queenstown
Auction sales rate stuck on 37% for the last four weeks
Latest rental yield and cash flow figures suggest one bedroom apartments are the way to go for investors
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Latest rental yield and cash flow figures suggest one bedroom apartments are the way to go for investors
February's housing sales were pretty ordinary even though mortgage rates were in decline
National median house price rose 2.9% in February from January, reaching $772,000
Overall sales rate at housing auctions stuck at 37% for the last three weeks
The outflow of NZ citizens to other countries has passed its peak and appears to be stabilising
High stock levels on Trade Me Property giving buyers plenty of choice as the summer season winds down
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High stock levels on Trade Me Property giving buyers plenty of choice as the summer season winds down
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