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Greg Ninness

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. 

Member for

12 years 4 months

Latest articles

Barfoot & Thompson auctioned fewer properties last week but the sales rate pushed up to 60%
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Barfoot & Thompson auctioned fewer properties last week but the sales rate pushed up to 60%
The number of New Zealand citizens returning long-term at its lowest level since records began in 2002
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The number of New Zealand citizens returning long-term at its lowest level since records began in 2002
Low interest rates and high house prices are pushing many investors to commercial properties
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Low interest rates and high house prices are pushing many investors to commercial properties
The overall sales rate hovers just above 50% in Barfoot & Thompson's auction rooms
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The overall sales rate hovers just above 50% in Barfoot & Thompson's auction rooms
Quotable Value says average housing value growth is slowing and is likely to slow further
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Quotable Value says average housing value growth is slowing and is likely to slow further
Better quality apartments in central Auckland haven't suffered the big price falls of their shoe-boxy cousins, but they generally haven't had big capital gains either
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Better quality apartments in central Auckland haven't suffered the big price falls of their shoe-boxy cousins, but they generally haven't had big capital gains either
Construction of commercial buildings is declining while residential construction appears to be flattening out
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Construction of commercial buildings is declining while residential construction appears to be flattening out
Barfoot & Thompson's average selling price down by just $43 in May
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Barfoot & Thompson's average selling price down by just $43 in May
Average asking price for homes listed for sale on Realestate.co.nz down $22,000 in last two months, Auckland asking price down $27,000
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Average asking price for homes listed for sale on Realestate.co.nz down $22,000 in last two months, Auckland asking price down $27,000
Changes to tax rules on residential investment properties, new LVR restrictions and the prospect of higher interest rates are starting to affect house prices, CoreLogic says
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Changes to tax rules on residential investment properties, new LVR restrictions and the prospect of higher interest rates are starting to affect house prices, CoreLogic says
Latest dwelling consent figures suggest the residential building boom is stronger in the North Island and Christchurch than in most of the rest of the South Island
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Latest dwelling consent figures suggest the residential building boom is stronger in the North Island and Christchurch than in most of the rest of the South Island
Just over half the properties selling under the hammer at Barfoot & Thompson's auctions
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Just over half the properties selling under the hammer at Barfoot & Thompson's auctions
The housing market may be at a turning point with prices at the bottom of the market declining in April
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The housing market may be at a turning point with prices at the bottom of the market declining in April
Activity in the Auckland CBD apartment market increases, but units in buildings with problems are selling at bargain basement prices
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Activity in the Auckland CBD apartment market increases, but units in buildings with problems are selling at bargain basement prices
ANZ report says the border closure means housing supply is catching up with demand but there's still uncertainty over future immigration settings
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ANZ report says the border closure means housing supply is catching up with demand but there's still uncertainty over future immigration settings
The sales rate in Barfoot & Thompson's auction rooms has settled at just over 50% during autumn
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The sales rate in Barfoot & Thompson's auction rooms has settled at just over 50% during autumn
Sales of farms and lifestyle blocks are running well ahead of last year with prices also on the rise
3
Sales of farms and lifestyle blocks are running well ahead of last year with prices also on the rise
Although some of the froth has come off the prices being achieved at auction over the last few weeks, there's nothing to suggest a major collapse in prices since changes to tax rules on residential investment properties were announced
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Although some of the froth has come off the prices being achieved at auction over the last few weeks, there's nothing to suggest a major collapse in prices since changes to tax rules on residential investment properties were announced
The number of people in New Zealand on work or student visas has declined by 63,417 since its peak in February 2020
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The number of people in New Zealand on work or student visas has declined by 63,417 since its peak in February 2020
Average nationwide rent on newly tenanted properties up 6.5%, but Auckland and Queenstown differ from the rest of New Zealand
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Average nationwide rent on newly tenanted properties up 6.5%, but Auckland and Queenstown differ from the rest of New Zealand
The yields on residential investment property have declined considerably as rental growth fails to keep up with rising prices
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The yields on residential investment property have declined considerably as rental growth fails to keep up with rising prices
The housing market is starting to settle in for winter as auction volumes decline
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The housing market is starting to settle in for winter as auction volumes decline
Net gain of NZ citizens and net loss of non-New Zealand citizens in the year to March, Statistics NZ says
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Net gain of NZ citizens and net loss of non-New Zealand citizens in the year to March, Statistics NZ says
The number of new homes being built in Auckland is at its highest level since records began in 2013
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The number of new homes being built in Auckland is at its highest level since records began in 2013
House prices were particularly soft in Auckland in April, with prices heading down on the North Shore and in Central Auckland
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House prices were particularly soft in Auckland in April, with prices heading down on the North Shore and in Central Auckland