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
Work, student and residence visa approvals steadily rising, Ministry of Business Innovation and Employment figures show
22nd Jul 20, 9:25am
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Work, student and residence visa approvals steadily rising, Ministry of Business Innovation and Employment figures show
Barfoot & Thompson's auction rooms consistently handling around 120 properties a week and achieving sales on about half of them
21st Jul 20, 10:10am
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Barfoot & Thompson's auction rooms consistently handling around 120 properties a week and achieving sales on about half of them
The number of farms being sold and farm prices are both in decline, the Real Estate Institute of New Zealand says
20th Jul 20, 2:40pm
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The number of farms being sold and farm prices are both in decline, the Real Estate Institute of New Zealand says
Sales achieved on 46% of the properties at the auctions monitored by interest.co.nz
18th Jul 20, 6:12am
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Sales achieved on 46% of the properties at the auctions monitored by interest.co.nz
Average rents in Queenstown-Lakes declined by $89 a week in the second quarter of this year, Wellington City rents down by $16 a week
17th Jul 20, 6:06am
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Average rents in Queenstown-Lakes declined by $89 a week in the second quarter of this year, Wellington City rents down by $16 a week
"The worm seems to have turned for property values in the main centres" - CoreLogic
16th Jul 20, 10:10am
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"The worm seems to have turned for property values in the main centres" - CoreLogic
New Zealand residents have been leaving the country at a greater pace than they have been arriving back
16th Jul 20, 8:27am
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New Zealand residents have been leaving the country at a greater pace than they have been arriving back
Property prices were probably a bit stronger in Auckland than they were in many other parts of the country in June
15th Jul 20, 9:13am
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Property prices were probably a bit stronger in Auckland than they were in many other parts of the country in June
Barfoot & Thompson is continuing to auction twice as many properties as it did at this time last year
14th Jul 20, 12:46pm
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Barfoot & Thompson is continuing to auction twice as many properties as it did at this time last year
The real estate industry has just had its best June sales in four years
The popularity of smaller commercial properties is keeping their net yields under 5% and they may even go a bit lower
11th Jul 20, 9:46am
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The popularity of smaller commercial properties is keeping their net yields under 5% and they may even go a bit lower
Eight out of 10 apartments passed in at auction suggests significant differences between vendors' and buyers' price expectations
11th Jul 20, 8:59am
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Eight out of 10 apartments passed in at auction suggests significant differences between vendors' and buyers' price expectations
More than twice as many homes were sold at auction in the first week of July as in the same week last year
10th Jul 20, 8:58am
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More than twice as many homes were sold at auction in the first week of July as in the same week last year
QV House Price Index shows property values have flattened out but it's too early to say if they are at the edge of a cliff or will start to rise again
8th Jul 20, 5:00am
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QV House Price Index shows property values have flattened out but it's too early to say if they are at the edge of a cliff or will start to rise again
Sales rates ranged from 45% to 100% at Barfoot & Thompson's auctions last week
7th Jul 20, 10:34am
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Sales rates ranged from 45% to 100% at Barfoot & Thompson's auctions last week
Since March the number of people leaving this country has exceeded those arriving by a substantial margin
6th Jul 20, 2:41pm
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Since March the number of people leaving this country has exceeded those arriving by a substantial margin
The sales rate at residential auctions has settled around 50%, prices look reasonably steady
4th Jul 20, 8:59am
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The sales rate at residential auctions has settled around 50%, prices look reasonably steady
Two-thirds of real estate agents think house prices will fall, a quarter think they'll fall by more than 10%
3rd Jul 20, 11:52am
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Two-thirds of real estate agents think house prices will fall, a quarter think they'll fall by more than 10%
Barfoot & Thompson sold more homes in June than it did in June last year as Auckland property market recovers from lockdown
2nd Jul 20, 10:42am
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Barfoot & Thompson sold more homes in June than it did in June last year as Auckland property market recovers from lockdown
Consents for 3554 new homes were issued in May, the highest number since May last year
1st Jul 20, 11:38am
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Consents for 3554 new homes were issued in May, the highest number since May last year
June listings on Realestate.co.nz were up 20% compared to June last year while asking prices were sliding
1st Jul 20, 5:02am
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June listings on Realestate.co.nz were up 20% compared to June last year while asking prices were sliding
Steady auction activity suggests the housing market is settling into normal winter trading
30th Jun 20, 10:03am
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Steady auction activity suggests the housing market is settling into normal winter trading
Two thirds of the commercial properties offered at Bayleys' Auckland auction didn't receive any bids
29th Jun 20, 2:06pm
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Two thirds of the commercial properties offered at Bayleys' Auckland auction didn't receive any bids
Apartments with remediation issues are fetching particularly low prices - one sold for just $35,000 while another with a declared reserve of just one dollar was passed in
27th Jun 20, 9:02am
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Apartments with remediation issues are fetching particularly low prices - one sold for just $35,000 while another with a declared reserve of just one dollar was passed in
Consistent sales rates around 50% being achieved at residential property auctions
26th Jun 20, 5:00am
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Consistent sales rates around 50% being achieved at residential property auctions