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
Smaller Auckland apartments popular as rentals for students and short stay travellers are selling at discounts to rating valuations, while prices are stronger for larger, owner-occupier apartments
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Smaller Auckland apartments popular as rentals for students and short stay travellers are selling at discounts to rating valuations, while prices are stronger for larger, owner-occupier apartments
More residential properties are being purchased by overseas buyers but they are still selling more New Zealand properties than they buy
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More residential properties are being purchased by overseas buyers but they are still selling more New Zealand properties than they buy
Overall sales rate of 62% in Barfoot & Thompson's auction rooms in the week after the election compared to 60% before the election
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Overall sales rate of 62% in Barfoot & Thompson's auction rooms in the week after the election compared to 60% before the election
The number of new homes being completed in Auckland appears to be easing back from recent highs
House prices at the bottom of the market have been largely flat in Auckland for several months but have kept rising in most of the rest of the country
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House prices at the bottom of the market have been largely flat in Auckland for several months but have kept rising in most of the rest of the country
Activity remains strong in Barfoot & Thompson's auction rooms
Lifestyle blocks sales up 70% compared to a year ago, prices up 8.6% over the same period
Lifestyle blocks sales up 70% compared to a year ago, prices up 8.6% over the same period
Work visa numbers down 10% from March peak, student visa numbers down 20% from a year ago
BNZ report warns the renewed surge in house prices could increase the wealth gap between the haves and have nots
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BNZ report warns the renewed surge in house prices could increase the wealth gap between the haves and have nots
No pre-election slow down in real estate auction rooms
Rents for central Auckland apartments down by $60 a week over the last four months
First home buyers and investors now accounting for just over half of all residential property sales as existing home owners sit tight
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First home buyers and investors now accounting for just over half of all residential property sales as existing home owners sit tight
The sales rates at Barfoot & Thompson's auctions ranged from 56% to 80% last week
Westpac's economists say they underestimated the impact of interest rate cuts and wonder if the Reserve Bank has over-stimulated the housing market
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Westpac's economists say they underestimated the impact of interest rate cuts and wonder if the Reserve Bank has over-stimulated the housing market
Best September housing sales in 14 years, record median prices in nine regions
The net population gain from migration, including returning NZ citizens, was just 1700 in the five months to August, down from 21,500 the previous year
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The net population gain from migration, including returning NZ citizens, was just 1700 in the five months to August, down from 21,500 the previous year
Labour can claim line honours in the race to build more homes but National also ran a good race in its last two terms in government, with the much maligned Resource Management Act in place
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Labour can claim line honours in the race to build more homes but National also ran a good race in its last two terms in government, with the much maligned Resource Management Act in place
Auction activity has already edged ahead of where it was at the peak of last summer's selling season
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Auction activity has already edged ahead of where it was at the peak of last summer's selling season
Rather than cashing up, landlords are buying more properties after changes to the Residential Tenancies Act
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Rather than cashing up, landlords are buying more properties after changes to the Residential Tenancies Act
Many auction deals are being finalised prior to the properties going under the hammer, suggesting premium prices are being paid
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Many auction deals are being finalised prior to the properties going under the hammer, suggesting premium prices are being paid
First home buyers' share of the mortgage market has almost doubled over the last five years, while investors' share is down by more than a third
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First home buyers' share of the mortgage market has almost doubled over the last five years, while investors' share is down by more than a third
Bargain basement prices for meth contaminated apartment and teeny weeny office suite at Auckland CBD auction
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Bargain basement prices for meth contaminated apartment and teeny weeny office suite at Auckland CBD auction
Labour plans more controls on planting plantation forests to protect valuable soils and water resources, will require residential property managers to be licensed and will put a framework in place to help people with properties affected by climate change
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Labour plans more controls on planting plantation forests to protect valuable soils and water resources, will require residential property managers to be licensed and will put a framework in place to help people with properties affected by climate change
Barfoot and Thompson's September sales already ahead of last summer's peak
Some 45% of retailers report sales are now better than this time last year, Retail New Zealand says, with 78% confident or very confident their business will survive the next 12 months
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Some 45% of retailers report sales are now better than this time last year, Retail New Zealand says, with 78% confident or very confident their business will survive the next 12 months