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
Huge decline in the number of properties being auctioned by Auckland's largest real estate agency with the sales rate down even more
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Huge decline in the number of properties being auctioned by Auckland's largest real estate agency with the sales rate down even more
More than a year's worth of capital gains have evaporated, the REINZ House Price Index shows
Auction sales rate dropped from a third to a quarter last week
The Housing market slump deepened in July with sales at a 12-year low for the month
Value of new office and warehouse buildings being consented running at record levels
Average dwelling values declining throughout NZ with values in Wellington, Palmerston North and Dunedin having the sharpest falls
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Average dwelling values declining throughout NZ with values in Wellington, Palmerston North and Dunedin having the sharpest falls
Cost increases appear to be driving the push to more intensive housing especially in Auckland
Overall sales rate of just 15% at Barfoot & Thompson's latest weekly auctions
Building industry disruptions reduced the construction of new homes in Auckland by 10.6% over the June year
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Building industry disruptions reduced the construction of new homes in Auckland by 10.6% over the June year
The housing market may have hit peak gloom already, with no sign of a wave of distressed sales - Tony Alexander/REINZ survey
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The housing market may have hit peak gloom already, with no sign of a wave of distressed sales - Tony Alexander/REINZ survey
Average housing values in Auckland down by more than $85,000 since March
A third of properties sold under the hammer at last week's auctions, up from a quarter the week before
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A third of properties sold under the hammer at last week's auctions, up from a quarter the week before
Barfoot & Thompson's median price down $130,000 from its November 2021 peak as July sales hit 22 year low
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Barfoot & Thompson's median price down $130,000 from its November 2021 peak as July sales hit 22 year low
$31.5 billion of new building work consented in the year to June
The number of homes for sale has more than doubled year-on-year, with the national average asking price declining by $87k from its peak
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The number of homes for sale has more than doubled year-on-year, with the national average asking price declining by $87k from its peak
Less than 100 homes sold to foreign buyers in the June quarter, while foreign owners sold more than 200 of their NZ properties
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Less than 100 homes sold to foreign buyers in the June quarter, while foreign owners sold more than 200 of their NZ properties
First home buyers paying $736,000 on average for a home and borrowing $588,000
ANZ's economists now think house prices will fall by more than they previously forecast
The number of properties going to auction remains low with about a quarter selling under the hammer
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The number of properties going to auction remains low with about a quarter selling under the hammer
Estimated real estate agency commissions at their lowest level since NZ went into its first Covid lockdown in March 2020
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Estimated real estate agency commissions at their lowest level since NZ went into its first Covid lockdown in March 2020
Just a dozen properties a week selling under the hammer at Barfoot & Thompson's latest auctions
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
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First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
The number of residential properties being auctioned slumped further last week - just over a quarter sold under the hammer
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The number of residential properties being auctioned slumped further last week - just over a quarter sold under the hammer
Overseas student numbers starting to pick up and more working holiday visas being issued
Just 12 residential properties sold under the hammer at Barfoot & Thompson's latest auctions