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
Upper Hutt and Franklin in south Auckland had the biggest house price falls last month
Big drop in the number of overseas workers arriving in New Zealand during April
April a disastrous month for the housing market with lowest sales volumes, excluding 2020, in more than 31 years
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April a disastrous month for the housing market with lowest sales volumes, excluding 2020, in more than 31 years
There's a gathering storm in the residential construction industry
Average New Zealand dwelling value down $161,264 since it peaked at the start of last year
There are signs vendors may be trimming their price expectations to meet the market and achieve a sale
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There are signs vendors may be trimming their price expectations to meet the market and achieve a sale
Immigrants now make up about 12.5% of NZ home buyers and their market share is rising
Big drop in building consent numbers suggests the construction industry is headed for a sharp downturn
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Big drop in building consent numbers suggests the construction industry is headed for a sharp downturn
Residential property values are continuing to slide as the market heads towards winter
Barfoot & Thompson's median selling price slips below $1 million, now down $245k from November 2021 peak
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Barfoot & Thompson's median selling price slips below $1 million, now down $245k from November 2021 peak
Very little movement either up or down at last week's residential property auctions
Housing market headed for a hard winter with stock levels up, sales down and new listings at a record low
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Housing market headed for a hard winter with stock levels up, sales down and new listings at a record low
March sales to first home buyers up 7.7% compared to March last year. Prices higher, mortgages bigger than pre-Covid
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March sales to first home buyers up 7.7% compared to March last year. Prices higher, mortgages bigger than pre-Covid
The commercial property market remains subdued with demand for retail and office space in negative territory
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The commercial property market remains subdued with demand for retail and office space in negative territory
ANZ slightly more optimistic on the house price front, thinks they will bottom out in June
Rising wages are moderating the effect of rising interest rates on first home buyers
Real estate agents are leaving the industry as commission levels tumble
More homes on offer and an apparent lift in prices achieved at the latest auctions
The gap between asking prices and selling prices increased from $8861 in March 2021 to $108,823 last month
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The gap between asking prices and selling prices increased from $8861 in March 2021 to $108,823 last month
Total residential real estate commissions in Auckland down by 58% compared to two years ago
Median house price declines from peak range from -$25,000 in Southland to -$299,400 in Auckland
The peak summer real estate sales season finished on a 12-year low
High numbers of new homes are being completed in Auckland and they're taking less time to build as supply constraints ease
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High numbers of new homes are being completed in Auckland and they're taking less time to build as supply constraints ease
Fewer properties being auctioned, less than a third selling under the hammer
Signs that rents are stabilising or even starting to decline in some areas of New Zealand