Greg Ninness

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

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

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

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

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

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

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

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

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

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

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

Just 12 residential properties sold under the hammer at Barfoot & Thompson's latest auctions

House prices are now declining in all main urban districts according to the latest REINZ sales data

House prices are now declining in all main urban districts according to the latest REINZ sales data

Statistics NZ explains how it gathers migration data - and it doesn't involve someone standing at the airport with a clipboard

Statistics NZ explains how it gathers migration data - and it doesn't involve someone standing at the airport with a clipboard

June's median house prices lower compared to May in eight regions, higher in five

June's median house prices lower compared to May in eight regions, higher in five

Talk of a mass exodus of New Zealanders heading overseas to live may turn out to be nothing more than a beat up

Talk of a mass exodus of New Zealanders heading overseas to live may turn out to be nothing more than a beat up

Residential auction activity remains at low levels around New Zealand

Residential auction activity remains at low levels around New Zealand

New figures suggest residential construction may have been declining for the last 12 months

New figures suggest residential construction may have been declining for the last 12 months

Barfoot & Thompson auctioned 101 properties over the last week, half as many as a year ago, with less than a quarter selling under the hammer compared to two thirds last year

Barfoot & Thompson auctioned 101 properties over the last week, half as many as a year ago, with less than a quarter selling under the hammer compared to two thirds last year

BNZ provided incorrect information to Police about 50,000 cash transactions

BNZ provided incorrect information to Police about 50,000 cash transactions

Auckland, Wellington and Palmerston North experience the biggest falls in housing values

Auckland, Wellington and Palmerston North experience the biggest falls in housing values

Established home owners may be well placed to make the move up to their next dream home, but a range of factors could be making them cautious

Established home owners may be well placed to make the move up to their next dream home, but a range of factors could be making them cautious

CoreLogic says property values falling around the country - Waiheke Island had the biggest fall of $166,000 over the last three months

CoreLogic says property values falling around the country - Waiheke Island had the biggest fall of $166,000 over the last three months

Fewer properties were offered at auction last week but the sales rate edged up slightly to 29%

Fewer properties were offered at auction last week but the sales rate edged up slightly to 29%

Barfoot & Thompson's June sales at 12 year low, average price down by $120,000 from December peak

Barfoot & Thompson's June sales at 12 year low, average price down by $120,000 from December peak

Seventy-eight properties on offer and 15 sold under the hammer at Barfoot & Thompson's latest auctions

Seventy-eight properties on offer and 15 sold under the hammer at Barfoot & Thompson's latest auctions