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
Residential construction is going gangbusters but non-residential building work is patchy
Barfoot & Thompson's August sales down just 17% compared to July - prices holding
Although lockdown has curtailed real estate activity it is expected to recover quickly as restrictions are eased
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Although lockdown has curtailed real estate activity it is expected to recover quickly as restrictions are eased
Although property values are still rising in most parts of NZ, a drop in values in Hamilton and Rotorua may be a sign of waning investor activity
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Although property values are still rising in most parts of NZ, a drop in values in Hamilton and Rotorua may be a sign of waning investor activity
Almost $17 billion of new residential construction consented in year to July, up 22% on previous year
Almost $17 billion of new residential construction consented in year to July, up 22% on previous year
Auction activity could decline further over the next few weeks as restrictions on open homes have an impact
Auction activity could decline further over the next few weeks as restrictions on open homes have an impact
Rent increases strongest in the central North Island, weak in Wellington with a big decline in Queenstown
Rent increases strongest in the central North Island, weak in Wellington with a big decline in Queenstown
The average amount first home buyers are paying for a home is estimated to have increased by $118,000 in the year to July
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The average amount first home buyers are paying for a home is estimated to have increased by $118,000 in the year to July
Home ownership increasingly the preserve of those on above average incomes as high prices and rising interest rates hit first home buyers hard
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Home ownership increasingly the preserve of those on above average incomes as high prices and rising interest rates hit first home buyers hard
The move to online-only auctions during lockdown isn't deterring buyers with a 69% sales rate at Barfoot & Thompson's auctions last week
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The move to online-only auctions during lockdown isn't deterring buyers with a 69% sales rate at Barfoot & Thompson's auctions last week
House prices continue to rise faster than rents making residential property investment less attractive
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House prices continue to rise faster than rents making residential property investment less attractive
Lifestyle block prices up by 25% in the year to July
A resurgent dairy sector is leading the charge in the rural property market
A resurgent dairy sector is leading the charge in the rural property market
The number of people in New Zealand on work visas has declined by 40,000 since March last year
Barfoot & Thompson's latest auction sales rates ranged from 54% in Manukau to 68% in Franklin
House price growth still strong in Auckland and Christchurch, soft in Wellington according to the latest REINZ HPI data
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House price growth still strong in Auckland and Christchurch, soft in Wellington according to the latest REINZ HPI data
The number of New Zealand citizens returning home from overseas is starting to taper off
REINZ median prices may be showing the first signs of market cooling
Quotable Value says housing market likely to cool further as higher interest rates kick in
The steady level of activity evident in Barfoot and Thompson's auction rooms over July is continuing into August
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The steady level of activity evident in Barfoot and Thompson's auction rooms over July is continuing into August
More than 14,000 new homes a year being built in Auckland and that could increase by a third in the next 2 years
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More than 14,000 new homes a year being built in Auckland and that could increase by a third in the next 2 years
Low interest rates have released the genie of irrational exuberance onto the housing market
Two-thirds selling under the hammer at Barfoot & Thompson's auctions
Barfoot & Thompson's July sales reach a six year high with stock levels hitting a new low leaving buyers with little to choose from
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Barfoot & Thompson's July sales reach a six year high with stock levels hitting a new low leaving buyers with little to choose from
The average value of New Zealand homes is now $922,421, up 5.9% over the last three months