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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

There are early signs that first home buyer activity could be starting to stabilise
58
There are early signs that first home buyer activity could be starting to stabilise
The Budget doesn't seem to have had much effect on activity at the latest residential property auctions
161
The Budget doesn't seem to have had much effect on activity at the latest residential property auctions
Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago
104
Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago
More pain and less gain in the housing market as more homes sell at a loss, says CoreLogic
122
More pain and less gain in the housing market as more homes sell at a loss, says CoreLogic
About 13,000 recent home buyers could now be facing negative equity
116
About 13,000 recent home buyers could now be facing negative equity
Fewer properties on offer, fewer selling under the hammer at the latest auctions
162
Fewer properties on offer, fewer selling under the hammer at the latest auctions
First home buyers benefit from rising incomes in a stalled property market - but only slightly
43
First home buyers benefit from rising incomes in a stalled property market - but only slightly
A significant downturn is likely for the entire building industry, not just housing
24
A significant downturn is likely for the entire building industry, not just housing
The current high level of new homes being built in Auckland probably won't last
45
The current high level of new homes being built in Auckland probably won't last
Auction room activity appears to have settled into a steady pace as the weather cools
38
Auction room activity appears to have settled into a steady pace as the weather cools
Upper Hutt and Franklin in south Auckland had the biggest house price falls last month
41
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
31
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
193
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
144
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
213
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
179
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
57
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
58
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
79
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
112
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
18
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
120
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
49
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
4
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
88
ANZ slightly more optimistic on the house price front, thinks they will bottom out in June