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
Auction activity has dipped for two weeks in a row but the sales rate is steady at just over a third
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Auction activity has dipped for two weeks in a row but the sales rate is steady at just over a third
Latest figures suggest homes are selling for around $100,000 less than their asking price
Almost 18,000 foreign workers and 14,000 overseas students arrived in New Zealand last month
Dramatic slide in house prices affecting both Auckland's most expensive and cheapest suburbs
Housing sales down, prices down, listings down, stock levels up as properties sit on the market unsold
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Housing sales down, prices down, listings down, stock levels up as properties sit on the market unsold
Median housing values in upmarket suburbs such as Auckland's St Mary's Bay & Wellington's Karaka Bay down more than $300k over the last 12 months
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Median housing values in upmarket suburbs such as Auckland's St Mary's Bay & Wellington's Karaka Bay down more than $300k over the last 12 months
Auction prices appear strongest in Christchurch, weakest in central Auckland
The decline in property values is gathering pace according to the latest QV figures
More new homes being built but they are taking longer to finish as the effect of industry disruptions come home to roost
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More new homes being built but they are taking longer to finish as the effect of industry disruptions come home to roost
Dramatic slide in the number of homes being auctioned but the sales rate has barely changed over the last year
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Dramatic slide in the number of homes being auctioned but the sales rate has barely changed over the last year
Latest Statistics NZ figures suggest building activity peaked in Q3 2022 and started to decline in Q4
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Latest Statistics NZ figures suggest building activity peaked in Q3 2022 and started to decline in Q4
ASB economist doesn't expect housing market to improve any time soon
Auction rooms reasonably busy given the state of the market but buyers remain cautious
Real Estate Institute of New Zealand says lifestyle block sales are down 45% on a year ago
Barfoot & Thompson's residential sales plunged in February while stock levels rose substantially
Housing market awash with unsold properties at what should be its busiest time of the year
Fewer new homes being consented, non-residential building activity also shows signs of tapering off
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Fewer new homes being consented, non-residential building activity also shows signs of tapering off
Average value of NZ homes down $99k from March 2022 peak, Auckland values down $186k, Wellington values down $215k
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Average value of NZ homes down $99k from March 2022 peak, Auckland values down $186k, Wellington values down $215k
Just over a third selling under the hammer looks like the new normal in the auction rooms
Almost a third of first home buyers have less than a 20% deposit and the average amount they're paying for a home is down $58,300 since April last year
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Almost a third of first home buyers have less than a 20% deposit and the average amount they're paying for a home is down $58,300 since April last year
Big regional differences in median rent movements last year, with rents in New Plymouth and Napier up $60 a week, rents in Whakatane down $28, Auckland rents unchanged
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Big regional differences in median rent movements last year, with rents in New Plymouth and Napier up $60 a week, rents in Whakatane down $28, Auckland rents unchanged
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
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Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
The auction sale rate edged up slightly to 38% last week
A third of properties sold under the hammer at Barfoot & Thompson's latest auctions
More homes are being resold at a loss with apartments being particularly badly hit