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
House prices continuing to rise strongly but sales numbers are looking wobbly
New home completions in Auckland bounced back strongly after lockdown but may have passed their peak
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New home completions in Auckland bounced back strongly after lockdown but may have passed their peak
Average rents up by more than $70 a week in September year in parts of Auckland, declining in parts of Wellington
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Average rents up by more than $70 a week in September year in parts of Auckland, declining in parts of Wellington
A buyer's market and bargain house prices could be on the cards in 2022, says CoreLogic
QV says average house values are still rising strongly in spite of storm clouds on the horizon
Overall sales rate at Barfoot & Thompson's auctions drops to 43%
Construction activity declined by $307m in Auckland due to the Level 4 restrictions while activity appears to have increased in the rest of the country
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Construction activity declined by $307m in Auckland due to the Level 4 restrictions while activity appears to have increased in the rest of the country
Construction costs for industrial buildings are rising but their larger size is producing efficiencies
Construction costs for industrial buildings are rising but their larger size is producing efficiencies
Barfoot & Thompson's sales strongest at the top end of the market, pushing the average selling price up to $1,250,886
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Barfoot & Thompson's sales strongest at the top end of the market, pushing the average selling price up to $1,250,886
Housing market could be at a turning point over summer as the the number of homes being listed for sale ramps up
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Housing market could be at a turning point over summer as the the number of homes being listed for sale ramps up
Almost 48,000 new homes consented in the year to October, nearly 20,000 of them in Auckland
The average value of New Zealand homes rose $17,227 in the month of November, CoreLogic says
The number of homes auctioned by Barfoot & Thompson is up strongly but the sales rate is slipping
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The number of homes auctioned by Barfoot & Thompson is up strongly but the sales rate is slipping
Declining rental yields are making residential investment property a less attractive option
Sharply higher house prices, rising interest rates and tightening credit criteria are creating a perfect storm for first home buyers
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Sharply higher house prices, rising interest rates and tightening credit criteria are creating a perfect storm for first home buyers
Prices at the bottom end of Auckland's housing market increased $85,000 in October making home ownership the preserve of the highly paid
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Prices at the bottom end of Auckland's housing market increased $85,000 in October making home ownership the preserve of the highly paid
Average farm sales prices up 18% in the last 12 months, the Real Estate Institute of New Zealand says
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Average farm sales prices up 18% in the last 12 months, the Real Estate Institute of New Zealand says
Plenty of properties being offered at Barfoot & Thompson's latest auctions but the sales rate is dropping away
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Plenty of properties being offered at Barfoot & Thompson's latest auctions but the sales rate is dropping away
New homes are getting smaller but the cost of building them is getting bigger
Overall sales rate of 59% at Barfoot & Thompson's latest auctions, almost unchanged from 60% this time last year
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Overall sales rate of 59% at Barfoot & Thompson's latest auctions, almost unchanged from 60% this time last year
Net migration gain of just under 800 in the 12 months to September this year, down from gain of 65,000 in year to September 2020
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Net migration gain of just under 800 in the 12 months to September this year, down from gain of 65,000 in year to September 2020
Annual house price inflation hit 40% in a couple of places over the last year and nowhere had price inflation below 20%
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Annual house price inflation hit 40% in a couple of places over the last year and nowhere had price inflation below 20%
The number of people in New Zealand on work or student visas is down 78,273 since March 2020
Residential property sales volumes down 22% in October year-on-year, but prices were through the roof
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Residential property sales volumes down 22% in October year-on-year, but prices were through the roof
The average value of New Zealand homes passes $1 million for the first time, Quotable Value says
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The average value of New Zealand homes passes $1 million for the first time, Quotable Value says