Greg Ninness

Housing sales slumped and prices eased slightly in May according to the REINZ

Housing sales slumped and prices eased slightly in May according to the REINZ

Less than 300 properties offered at the latest auctions around the country for the second week in a row but the sales rate edged up to just over a third

Less than 300 properties offered at the latest auctions around the country for the second week in a row but the sales rate edged up to just over a third

Population growth from migration up strongly with the number of New Zealanders migrating overseas declining

Population growth from migration up strongly with the number of New Zealanders migrating overseas declining

Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated

Prospective tenants have plenty of properties to choose from with vacant rental stock remaining elevated

National average asking price on Trade Me Property down $50,000 over the last three months with Auckland's down $91,300

National average asking price on Trade Me Property down $50,000 over the last three months with Auckland's down $91,300

Mortgage top ups accounted for nearly half of new mortgage approvals in April

Mortgage top ups accounted for nearly half of new mortgage approvals in April

New Zealand's average dwelling value up 0.3% to $912,190 in three months to May, QV says

New Zealand's average dwelling value up 0.3% to $912,190 in three months to May, QV says

Fewer properties on offer, fewer selling under the hammer and prices easing - a chilly first week of winter at the latest auctions

Fewer properties on offer, fewer selling under the hammer and prices easing - a chilly first week of winter at the latest auctions

Diesel costs declined 18.9% in May but that wasn't enough to offset other price rises in the building industry with some costs increasing by 25% according to QV CostBuilder

Diesel costs declined 18.9% in May but that wasn't enough to offset other price rises in the building industry with some costs increasing by 25% according to QV CostBuilder

The value of non-residential building work being undertaken is declining faster than residential builds

The value of non-residential building work being undertaken is declining faster than residential builds

Housing values becalmed in May according to the Cotality Home Value Index

Housing values becalmed in May according to the Cotality Home Value Index

Residential building consents up strongly in April year, non-residential building work flat

Residential building consents up strongly in April year, non-residential building work flat

Barfoot & Thompson's sales numbers and selling prices were firmer in May but stock levels were at their highest since 2008

Barfoot & Thompson's sales numbers and selling prices were firmer in May but stock levels were at their highest since 2008

Homes for sale on Realestate.co.nz at 12-year high for the month of May while asking prices declined for the third consecutive month

Homes for sale on Realestate.co.nz at 12-year high for the month of May while asking prices declined for the third consecutive month

Currently low rental yields suggest negative cash flows could be a possibility for mortgaged investors

Currently low rental yields suggest negative cash flows could be a possibility for mortgaged investors

Exactly a third of the properties on offer sold under the hammer at the latest auctions

Exactly a third of the properties on offer sold under the hammer at the latest auctions

A lift in new dwelling completion numbers suggests Auckland's building industry may be on the road to recovery after its recent slump

A lift in new dwelling completion numbers suggests Auckland's building industry may be on the road to recovery after its recent slump

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

Housing market turned slightly in first home buyers' favour in April but how long will it last?

Housing market turned slightly in first home buyers' favour in April but how long will it last?

National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter

National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter

Auction results bouncing around with 37% of the properties offered sold under the hammer at the latest auctions

Auction results bouncing around with 37% of the properties offered sold under the hammer at the latest auctions

Children of foreign workers one of the main drivers of growth in student visa numbers

Children of foreign workers one of the main drivers of growth in student visa numbers

ANZ NZ says short term mortgage rates are cheaper but the certainty provided by longer term rates has value in the current economic climate because 'things could change quickly'

ANZ NZ says short term mortgage rates are cheaper but the certainty provided by longer term rates has value in the current economic climate because 'things could change quickly'

A huge overhang of unsold properties does not bode well for the housing market this winter

A huge overhang of unsold properties does not bode well for the housing market this winter

The number of properties selling under the hammer dropped below a third at the latest residential property auctions

The number of properties selling under the hammer dropped below a third at the latest residential property auctions