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
Negative cash flows squeezing residential property investors out of the market
Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023
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Residential building cost inflation dropped to 1.8% in 12 months to May this year from 4.9% in the 12 months to December 2023
Fewer properties being auctioned and the sales rate hasn't changed
The much anticipated building industry slowdown has arrived with residential and non-residential construction work both down
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The much anticipated building industry slowdown has arrived with residential and non-residential construction work both down
House value growth 'has completely petered out,' CoreLogic says, with the large volume of homes for sale to continue weighing on the market
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House value growth 'has completely petered out,' CoreLogic says, with the large volume of homes for sale to continue weighing on the market
Barfoot & Thompson's sales up as vendors drop asking prices to meet the market
Asking prices, new listings and total stock levels all sinking as the housing market heads into winter
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Asking prices, new listings and total stock levels all sinking as the housing market heads into winter
Auction sales rate appears to be settling at just under a third for winter
The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
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The number of new homes being consented continues on a downward spiral, Statistics NZ figures show
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
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The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
Real Estate Institute of NZ says farm sales subdued with a 'general decline in farming sales across multiple sectors'
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Real Estate Institute of NZ says farm sales subdued with a 'general decline in farming sales across multiple sectors'
New Zealand's population grew 6% in the 5 years to 2023 while the number of dwellings increased 9%
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New Zealand's population grew 6% in the 5 years to 2023 while the number of dwellings increased 9%
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
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ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
The number of real estate agencies and salespeople is declining as the housing market cools
Banks are lending more to first home buyers with less than a 20% deposit
Overall national sales rate of 30% at the latest residential property auctions, 27% in Auckland
Small declines in mortgage rates, static house prices and rising incomes improving home ownership prospects for first home buyers
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Small declines in mortgage rates, static house prices and rising incomes improving home ownership prospects for first home buyers
Work visa flows now back to pre-pandemic levels with 13,410 arrivals in April
The number of new homes being built in Auckland is likely to decline by more than 25% over the next two years
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The number of new homes being built in Auckland is likely to decline by more than 25% over the next two years
The national median housing rent increased by $35 a week in the year to March, Auckland rents up by $50 a week
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The national median housing rent increased by $35 a week in the year to March, Auckland rents up by $50 a week
Relatively flat residential auction numbers and sales rates
A huge overhang of unsold properties is squeezing the housing market in buyers' favour
The number of properties selling at a loss is rising, CoreLogic says
Almost 100,000sqm of new office space consented in the first quarter, but less than 26,000sqm of new retail space
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Almost 100,000sqm of new office space consented in the first quarter, but less than 26,000sqm of new retail space
Influx of 238,964 migrants arrived in New Zealand in the year to March, with Stats NZ also reporting a record annual net loss of NZ citizens
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Influx of 238,964 migrants arrived in New Zealand in the year to March, with Stats NZ also reporting a record annual net loss of NZ citizens