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
Migration flows back in positive territory but the numbers are tiny
ANZ's latest housing report says the housing shortage is reducing by around 6000 homes a quarter as construction ramps up and the borders stay closed
142
ANZ's latest housing report says the housing shortage is reducing by around 6000 homes a quarter as construction ramps up and the borders stay closed
The real estate industry has been one of the biggest beneficiaries of the Reserve Bank's low interest rate polices
67
The real estate industry has been one of the biggest beneficiaries of the Reserve Bank's low interest rate polices
ANZ economists says the Reserve Bank is likely to have to push up interest rates much more than previously expected
127
ANZ economists says the Reserve Bank is likely to have to push up interest rates much more than previously expected
First signs of rain from the dark clouds gathering over the housing market
The housing market was considerably slower in December compared to a year earlier
Some suburbs saw their median property values increase by more than $500,000 last year
Prices at the bottom of the market continued to rise steeply in November pushing home ownership further out of reach for those on average wages
154
Prices at the bottom of the market continued to rise steeply in November pushing home ownership further out of reach for those on average wages
Apart from a few soft spots the housing market has a long way to go before prices start falling, says Greg Ninness
41
Apart from a few soft spots the housing market has a long way to go before prices start falling, says Greg Ninness
Sales rate at Barfoot & Thompson's auctions halves over the last two months as a surge of new listings gives buyers more choice
176
Sales rate at Barfoot & Thompson's auctions halves over the last two months as a surge of new listings gives buyers more choice
More people left NZ than arrived long term in the year to October
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
29
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
170
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
10
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
50
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
53
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
44
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