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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 3 months

Latest articles

Housing values on a slippery slide for the last five months, CoreLogic says
117
Housing values on a slippery slide for the last five months, CoreLogic says
Total annual value of building work on new homes down nearly $5 billion over the last two years
82
Total annual value of building work on new homes down nearly $5 billion over the last two years
ANZ's economists expect the Reserve Bank to cut interest rates sooner rather than later but say house prices will remain weak for the time being
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ANZ's economists expect the Reserve Bank to cut interest rates sooner rather than later but say house prices will remain weak for the time being
Sharp drop in the number of first home buyers getting into a home of their own in June, but they are now the single biggest buying group in the housing market
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Sharp drop in the number of first home buyers getting into a home of their own in June, but they are now the single biggest buying group in the housing market
Reserve Bank OCR cuts may not signal the return of happy days for the housing market
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Reserve Bank OCR cuts may not signal the return of happy days for the housing market
Sales rate at the latest residential property auctions edges passed a third by the finest of margins
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Sales rate at the latest residential property auctions edges passed a third by the finest of margins
Residence visa holders made up 12% of home buyers in the June quarter, Statistics NZ figures show
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Residence visa holders made up 12% of home buyers in the June quarter, Statistics NZ figures show
Current residence visa approvals about a third higher than pre-Covid levels
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Current residence visa approvals about a third higher than pre-Covid levels
The number of new homes being built in Auckland is slowly declining from last year's peak
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The number of new homes being built in Auckland is slowly declining from last year's peak
Improving affordability for first home buyers could mark a turning point in the housing market
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Improving affordability for first home buyers could mark a turning point in the housing market
An icy blast hits the auction rooms with the number of properties on offer at an 11 month low
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An icy blast hits the auction rooms with the number of properties on offer at an 11 month low
May's national median weekly rent for newly tenanted properties up $30 year-on-year to $600
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May's national median weekly rent for newly tenanted properties up $30 year-on-year to $600
Residential sales commissions dived in June and the outlook for July is not much better
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Residential sales commissions dived in June and the outlook for July is not much better
Housing sales crashed to GFC levels in June - REINZ describes the market as 'a little chilly'
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Housing sales crashed to GFC levels in June - REINZ describes the market as 'a little chilly'
Fewer properties being auctioned and the sales rate remains at just under a third
53
Fewer properties being auctioned and the sales rate remains at just under a third
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
73
The cost of building a standard three bedroom house declined by 1.1% in the June quarter
A sharp increase in the number of NZ citizens leaving the country long term has pushed the country into negative population growth from migration
138
A sharp increase in the number of NZ citizens leaving the country long term has pushed the country into negative population growth from migration
QV says house hunters are going into hibernation as values continue to fall
236
QV says house hunters are going into hibernation as values continue to fall
Average estimated price first home buyers are paying for a home has declined by more than $60,000 over the last two years
142
Average estimated price first home buyers are paying for a home has declined by more than $60,000 over the last two years
CoreLogic says average dwelling values have been slowly declining for the last three months and earlier increase was a dead cat bounce
116
CoreLogic says average dwelling values have been slowly declining for the last three months and earlier increase was a dead cat bounce
Average asking price of homes listed for sale on Realestate.co.nz down $90,071 since February, Auckland down by more than $100,000
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Average asking price of homes listed for sale on Realestate.co.nz down $90,071 since February, Auckland down by more than $100,000
Value of new residential construction work consented down by $3.3 billion in year to May
9
Value of new residential construction work consented down by $3.3 billion in year to May
Barfoot & Thompson's sales were at a 14 year low in June while stock levels were at a 14 year high
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Barfoot & Thompson's sales were at a 14 year low in June while stock levels were at a 14 year high
More homes being auctioned compared to a year ago but the sales level is lower
65
More homes being auctioned compared to a year ago but the sales level is lower
Rural property market experiencing a significant downturn according to the REINZ
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Rural property market experiencing a significant downturn according to the REINZ