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
Government establishes taskforce to investigate ways of increasing plasterboard supplies
Just under a quarter of properties selling under the hammer at auction
The number of properties offered dropped well below 100 and just 16% sold under the hammer at Barfoot & Thompson's latest auctions
67
The number of properties offered dropped well below 100 and just 16% sold under the hammer at Barfoot & Thompson's latest auctions
Foreign student numbers down 61% on pre-pandemic levels, foreign workers down 36%
House prices are now falling significantly in all major centres
Median prices in Auckland now lower than they were a year ago, Median price on the North Shore down by $145,000 in May
220
Median prices in Auckland now lower than they were a year ago, Median price on the North Shore down by $145,000 in May
Sales rate at residential property auctions increased to 31% from 27% over the last few weeks
Average asking prices on Trade Me Property declining in all regions while the number of listings skyrockets
133
Average asking prices on Trade Me Property declining in all regions while the number of listings skyrockets
No sign of mass exodus of New Zealand citizens in latest migration figures
Overall sales rate of 19% at Barfoot & Thompson's latest auctions
Average rents range from $388 a week in Timaru to $640 in Porirua
Forget about FOMO, FOOP now rules the roost as housing market cools rapidly
QV House Price Index shows average dwelling values are now declining in almost every part of the country
70
QV House Price Index shows average dwelling values are now declining in almost every part of the country
The latest auction sales rates improved slightly in Canterbury and Bay of Plenty and were unchanged in Auckland
51
The latest auction sales rates improved slightly in Canterbury and Bay of Plenty and were unchanged in Auckland
New home construction in Auckland is down 9.4% on a year ago
Sales rates at Barfoot & Thompson's latest Auckland auctions ranged from zero in Rodney and Papakura to 58% on the North Shore
61
Sales rates at Barfoot & Thompson's latest Auckland auctions ranged from zero in Rodney and Papakura to 58% on the North Shore
New residential construction work is still showing growth, non-residential work has slowed
'The surprise, if anything, is that they [house price expectations] didn't fall further,' says ASB
50
'The surprise, if anything, is that they [house price expectations] didn't fall further,' says ASB
The highest auction sales rates were recorded in Rodney and Waikato last week
Barfoot & Thompson's stock levels at 11-year high for time of year, selling prices falling
Slump in housing sales pushes stock levels up 77% compared to this time last year
CoreLogic House Price Index shows decline in housing values that began in Auckland is now spreading around New Zealand
71
CoreLogic House Price Index shows decline in housing values that began in Auckland is now spreading around New Zealand
New dwelling consents declined 30% in April compared to March
ANZ expects the OCR to peak at 3.5% in February next year and house prices to fall 11% this year
Sales rates at the latest auctions ranged from zero in Waikato to 51% in Canterbury