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
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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
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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
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
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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
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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
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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
A lift in new dwelling completion numbers suggests Auckland's building industry may be on the road to recovery after its recent slump
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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
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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?
National median rent unchanged at $600 a week for the last two years, but rental activity was up strongly in the March quarter
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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
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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
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'
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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
The number of properties selling under the hammer dropped below a third at the latest residential property auctions
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The number of properties selling under the hammer dropped below a third at the latest residential property auctions
Substantial downturn in construction of new factories and industrial buildings
Fewer New Zealanders leaving the country and more migrants arriving is pushing up migration-driven population growth
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Fewer New Zealanders leaving the country and more migrants arriving is pushing up migration-driven population growth
House prices and sales volumes both declined in April - Auckland market particularly soft: REINZ April data
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House prices and sales volumes both declined in April - Auckland market particularly soft: REINZ April data
More than 40% of first quarter apartment resales were sold at a loss with almost one-in-five Auckland residential sales loss making
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More than 40% of first quarter apartment resales were sold at a loss with almost one-in-five Auckland residential sales loss making
Number of new homes consented in Q1 up 14.6% with average build costs up 2.2%
Number of new homes consented in Q1 up 14.6% with average build costs up 2.2%
Housing values as flat as a millpond in April - QV House Price Index
More homes selling under the hammer at the latest residential property auctions
Over 1000 new homes were completed in Auckland in February but residential construction in the region remains relatively subdued
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Over 1000 new homes were completed in Auckland in February but residential construction in the region remains relatively subdued