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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 4 months

Latest articles

Average dwelling values in Auckland down an average of almost $9000 a month for the last six months, QV says
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Average dwelling values in Auckland down an average of almost $9000 a month for the last six months, QV says
Building work slowing to a trickle as more projects cancelled or put on hold
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Building work slowing to a trickle as more projects cancelled or put on hold
Still fairly quiet in the auction rooms with 36% selling under the hammer
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Still fairly quiet in the auction rooms with 36% selling under the hammer
Building costs stabilising except for retirement units, the average size of stand alone houses is shrinking
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Building costs stabilising except for retirement units, the average size of stand alone houses is shrinking
Almost 8% of all June quarter residential sales were made at a loss with 35% of apartment sales loss making
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Almost 8% of all June quarter residential sales were made at a loss with 35% of apartment sales loss making
Fewer properties being auctioned - more selling under the hammer
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Fewer properties being auctioned - more selling under the hammer
Big drop in selling prices pushes up sales at Barfoot & Thompson, with vendors 'prepared to meet the market' getting results
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Big drop in selling prices pushes up sales at Barfoot & Thompson, with vendors 'prepared to meet the market' getting results
Fewer farms are selling and lifestyle block sales are bouncing along the bottom
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Fewer farms are selling and lifestyle block sales are bouncing along the bottom
Du Val Group entities placed into interim receivership at request of Financial Markets Authority
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Du Val Group entities placed into interim receivership at request of Financial Markets Authority
Average national asking price on Realestate.co.nz down $110,515 since February, Auckland down by $143,000
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Average national asking price on Realestate.co.nz down $110,515 since February, Auckland down by $143,000
Housing values on a slippery slide for the last five months, CoreLogic says
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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
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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
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Fewer properties being auctioned and the sales rate remains at just under a third