Greg Ninness

More properties passed through Barfoot & Thompson's auction rooms last week but the sales rate was down compared to previous weeks

More properties passed through Barfoot & Thompson's auction rooms last week but the sales rate was down compared to previous weeks

Average housing values have increased by more than 25% over the last year in some rural districts

Average housing values have increased by more than 25% over the last year in some rural districts

The number of new dwelling consents issued in Auckland in September was up 52% compared to a year earlier

The number of new dwelling consents issued in Auckland in September was up 52% compared to a year earlier

Auckland property listings up 37% in October compared to October last year - national listings up 13.8%

Auckland property listings up 37% in October compared to October last year - national listings up 13.8%

Smaller Auckland apartments popular as rentals for students and short stay travellers are selling at discounts to rating valuations, while prices are stronger for larger, owner-occupier apartments

Smaller Auckland apartments popular as rentals for students and short stay travellers are selling at discounts to rating valuations, while prices are stronger for larger, owner-occupier apartments

More residential properties are being purchased by overseas buyers but they are still selling more New Zealand properties than they buy

More residential properties are being purchased by overseas buyers but they are still selling more New Zealand properties than they buy

Overall sales rate of 62% in Barfoot & Thompson's auction rooms in the week after the election compared to 60% before the election

Overall sales rate of 62% in Barfoot & Thompson's auction rooms in the week after the election compared to 60% before the election

The number of new homes being completed in Auckland appears to be easing back from recent highs

The number of new homes being completed in Auckland appears to be easing back from recent highs

House prices at the bottom of the market have been largely flat in Auckland for several months but have kept rising in most of the rest of the country

House prices at the bottom of the market have been largely flat in Auckland for several months but have kept rising in most of the rest of the country

Activity remains strong in Barfoot & Thompson's auction rooms

Activity remains strong in Barfoot & Thompson's auction rooms

Lifestyle blocks sales up 70% compared to a year ago, prices up 8.6% over the same period

Lifestyle blocks sales up 70% compared to a year ago, prices up 8.6% over the same period

Work visa numbers down 10% from March peak, student visa numbers down 20% from a year ago

Work visa numbers down 10% from March peak, student visa numbers down 20% from a year ago

BNZ report warns the renewed surge in house prices could increase the wealth gap between the haves and have nots

BNZ report warns the renewed surge in house prices could increase the wealth gap between the haves and have nots

No pre-election slow down in real estate auction rooms

No pre-election slow down in real estate auction rooms

Rents for central Auckland apartments down by $60 a week over the last four months

Rents for central Auckland apartments down by $60 a week over the last four months

First home buyers and investors now accounting for just over half of all residential property sales as existing home owners sit tight

First home buyers and investors now accounting for just over half of all residential property sales as existing home owners sit tight

The sales rates at Barfoot & Thompson's auctions ranged from 56% to 80% last week

The sales rates at Barfoot & Thompson's auctions ranged from 56% to 80% last week

Westpac's economists say they underestimated the impact of interest rate cuts and wonder if the Reserve Bank has over-stimulated the housing market

Westpac's economists say they underestimated the impact of interest rate cuts and wonder if the Reserve Bank has over-stimulated the housing market

Best September housing sales in 14 years, record median prices in nine regions

Best September housing sales in 14 years, record median prices in nine regions

The net population gain from migration, including returning NZ citizens, was just 1700 in the five months to August, down from 21,500 the previous year

The net population gain from migration, including returning NZ citizens, was just 1700 in the five months to August, down from 21,500 the previous year

Labour can claim line honours in the race to build more homes but National also ran a good race in its last two terms in government, with the much maligned Resource Management Act in place

Labour can claim line honours in the race to build more homes but National also ran a good race in its last two terms in government, with the much maligned Resource Management Act in place

Auction activity has already edged ahead of where it was at the peak of last summer's selling season

Auction activity has already edged ahead of where it was at the peak of last summer's selling season

Rather than cashing up, landlords are buying more properties after changes to the Residential Tenancies Act

Rather than cashing up, landlords are buying more properties after changes to the Residential Tenancies Act

Many auction deals are being finalised prior to the properties going under the hammer, suggesting premium prices are being paid

Many auction deals are being finalised prior to the properties going under the hammer, suggesting premium prices are being paid

First home buyers' share of the mortgage market has almost doubled over the last five years, while investors' share is down by more than a third

First home buyers' share of the mortgage market has almost doubled over the last five years, while investors' share is down by more than a third