Greg Ninness

There was a big drop in auction activity in the week of April 17-23 but the sales rate stayed above 50%

There was a big drop in auction activity in the week of April 17-23 but the sales rate stayed above 50%

Properties with development potential were particularly sought after at Bayleys' latest commercial property auction

Properties with development potential were particularly sought after at Bayleys' latest commercial property auction

CoreLogic expects housing market to cool but says speculation that changes to tax rules for residential property investors will force up rents is probably unfounded

CoreLogic expects housing market to cool but says speculation that changes to tax rules for residential property investors will force up rents is probably unfounded

Overall sales rate of 52% at Barfoot & Thompson's auctions last week

Overall sales rate of 52% at Barfoot & Thompson's auctions last week

Sales of farms and lifestyle blocks are both well up compared to this time last year

Sales of farms and lifestyle blocks are both well up compared to this time last year

The number of properties being sold at auction exceeds the number being passed in by the barest of margins

The number of properties being sold at auction exceeds the number being passed in by the barest of margins

The opening bid for a waterfront apartment in downtown Auckland was just $500 and it sold under the hammer for $5000

The opening bid for a waterfront apartment in downtown Auckland was just $500 and it sold under the hammer for $5000

Current market conditions make moving up the property ladder an extremely affordable proposition for existing home owners, Interest.co.nz's Home Loan Affordability Report shows

Current market conditions make moving up the property ladder an extremely affordable proposition for existing home owners, Interest.co.nz's Home Loan Affordability Report shows

The real estate industry a big time winner from the Reserve Bank's strategy of forcing down interest rates to record lows

The real estate industry a big time winner from the Reserve Bank's strategy of forcing down interest rates to record lows

The overall sales rate at Barfoot & Thompson's auction has declined for five weeks in a row

The overall sales rate at Barfoot & Thompson's auction has declined for five weeks in a row

Auction room activity is cooling as the housing market heads out of the peak selling season

Auction room activity is cooling as the housing market heads out of the peak selling season

House price growth has been greatest in Wellington and Hawke's Bay over the March year

House price growth has been greatest in Wellington and Hawke's Bay over the March year

Housing market heading for the stratosphere as prices and sales volumes rocket up

Housing market heading for the stratosphere as prices and sales volumes rocket up

Auckland's residential building boom continues, with new homes completed in February up 36% compared to a year earlier

Auckland's residential building boom continues, with new homes completed in February up 36% compared to a year earlier

The number of New Zealand citizens returning long-term falls two thirds year-on-year

The number of New Zealand citizens returning long-term falls two thirds year-on-year

The number of overseas students in New Zealand is down by more than 27,000 in the last 12 months, while overseas worker numbers have declined by 31,000

The number of overseas students in New Zealand is down by more than 27,000 in the last 12 months, while overseas worker numbers have declined by 31,000

The auction sales rate dipped below 50% for properties in Waitakere and Auckland's leafy central suburbs

The auction sales rate dipped below 50% for properties in Waitakere and Auckland's leafy central suburbs

The number of properties being auctioned increased strongly over March but the number of properties sold at auction rose only slightly

The number of properties being auctioned increased strongly over March but the number of properties sold at auction rose only slightly

Barfoot & Thompson's sales volumes and selling prices both set all time records in March

Barfoot & Thompson's sales volumes and selling prices both set all time records in March

Overall sales rate of just 53% at Barfoot & Thompson's auctions in the week before Easter

Overall sales rate of just 53% at Barfoot & Thompson's auctions in the week before Easter

New property listings in Auckland at their highest level for the month of March since 2017

New property listings in Auckland at their highest level for the month of March since 2017

Overall sales rate of 61% at the Auckland auctions - 77% in the Bay of Plenty

Overall sales rate of 61% at the Auckland auctions - 77% in the Bay of Plenty

CoreLogic's House Price Index shows housing values are continuing to rise but the rate of increase has slowed

CoreLogic's House Price Index shows housing values are continuing to rise but the rate of increase has slowed

The new tax rules on residential investment properties mean the days of investors mortgaging up to the eyeballs are probably over

The new tax rules on residential investment properties mean the days of investors mortgaging up to the eyeballs are probably over

Fewer apartments, stand alone houses and retirement village units were consented in February but more townhouses and home units

Fewer apartments, stand alone houses and retirement village units were consented in February but more townhouses and home units