Greg Ninness

Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed

Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed

ANZ report affirms forecast of 10% to 15% fall in house prices this year but warns there's a risk they could fall by more, says commercial property market likely to be even more badly affected

ANZ report affirms forecast of 10% to 15% fall in house prices this year but warns there's a risk they could fall by more, says commercial property market likely to be even more badly affected

Farm sales numbers savaged during the April lockdown but prices not so badly affected

Farm sales numbers savaged during the April lockdown but prices not so badly affected

Hotel industry's recovery could be hampered by up 4200 new rooms under construction, mostly in Auckland and Queenstown

Hotel industry's recovery could be hampered by up 4200 new rooms under construction, mostly in Auckland and Queenstown

Migrant visa approval numbers hammered in April but the number of migrants in the country on work, student and residence visas remained fairly stable

Migrant visa approval numbers hammered in April but the number of migrants in the country on work, student and residence visas remained fairly stable

Rent arrears figures suggest commercial landlords and tenants in Otago/Southland likely to be having the hardest time as tourism wipeout bites hard

Rent arrears figures suggest commercial landlords and tenants in Otago/Southland likely to be having the hardest time as tourism wipeout bites hard

There was a noticeable dip in house prices in most parts of the country in April, the Real Estate Institute of New Zealand's House Price Index shows

There was a noticeable dip in house prices in most parts of the country in April, the Real Estate Institute of New Zealand's House Price Index shows

Still difficult to pick price trends as auction rooms slowly come back to life

Still difficult to pick price trends as auction rooms slowly come back to life

Housing sales slowed to a trickle in April and median prices were also weaker in most regions, the Real Estate Institute of New Zealand says

Housing sales slowed to a trickle in April and median prices were also weaker in most regions, the Real Estate Institute of New Zealand says

Government funding for 8000 new homes will not necessarily increase the total number of homes being built but it will likely change the mix by increasing the supply at the bottom of the market

Government funding for 8000 new homes will not necessarily increase the total number of homes being built but it will likely change the mix by increasing the supply at the bottom of the market

March net migration gain more than double what it was in March last year as kiwis came home to roost during COVID-19 pandemic

March net migration gain more than double what it was in March last year as kiwis came home to roost during COVID-19 pandemic

Government introducing a national interest test for foreign investment, to stop strategically important companies being snapped up by foreign buyers at bargain basement prices

Government introducing a national interest test for foreign investment, to stop strategically important companies being snapped up by foreign buyers at bargain basement prices

Auction numbers are still small making it hard to draw conclusions, but there was no sign of a price collapse at Barfoot & Thompson's latest auction

Auction numbers are still small making it hard to draw conclusions, but there was no sign of a price collapse at Barfoot & Thompson's latest auction

BNZ's economists are forecasting a 12% drop in house prices and an even bigger decline in the construction of new homes

BNZ's economists are forecasting a 12% drop in house prices and an even bigger decline in the construction of new homes

The sale of TV3's studios and associated buildings was the jewel in Bayleys' recent commercial property sales

The sale of TV3's studios and associated buildings was the jewel in Bayleys' recent commercial property sales

The timing for the completion of a swag of new commercial building projects could not be worse as we stare down the barrel of recession

The timing for the completion of a swag of new commercial building projects could not be worse as we stare down the barrel of recession

Queenstown's property market ranked as being the most at risk of a downturn by a substantial margin while Whangarei is the least risky city, says CoreLogic

Queenstown's property market ranked as being the most at risk of a downturn by a substantial margin while Whangarei is the least risky city, says CoreLogic

Property auction activity is showing the first signs of life but it's still hard to pick what's happening with prices

Property auction activity is showing the first signs of life but it's still hard to pick what's happening with prices

Outlook grim for owners of shopping malls, even grimmer for mum and dad investors with small suburban retail premises

Outlook grim for owners of shopping malls, even grimmer for mum and dad investors with small suburban retail premises

Quotable Value says housing market uncertainty likely to remain until the end of the year

Quotable Value says housing market uncertainty likely to remain until the end of the year

COVID-19 has driven a steep decline in market confidence for commercial property - RICS report

COVID-19 has driven a steep decline in market confidence for commercial property - RICS report

Much bigger drop in commercial building consents than residential building consents

Much bigger drop in commercial building consents than residential building consents

Big decline in sales at Barfoot & Thompson while prices dropped slightly in April

Big decline in sales at Barfoot & Thompson while prices dropped slightly in April

Sales of residential property to foreign buyers have declined by 85% in the last two years

Sales of residential property to foreign buyers have declined by 85% in the last two years

KiwiBuild projects will be under pressure if housing prices start falling significantly, Greg Ninness says

KiwiBuild projects will be under pressure if housing prices start falling significantly, Greg Ninness says