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
Two thirds of the commercial properties offered at Bayleys' Auckland auction didn't receive any bids
29th Jun 20, 2:06pm
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Two thirds of the commercial properties offered at Bayleys' Auckland auction didn't receive any bids
Apartments with remediation issues are fetching particularly low prices - one sold for just $35,000 while another with a declared reserve of just one dollar was passed in
27th Jun 20, 9:02am
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Apartments with remediation issues are fetching particularly low prices - one sold for just $35,000 while another with a declared reserve of just one dollar was passed in
Consistent sales rates around 50% being achieved at residential property auctions
26th Jun 20, 5:00am
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Consistent sales rates around 50% being achieved at residential property auctions
House prices at the bottom end of the market have declined 7.3% from their March peak, while mortgage interest rates continue to slide
25th Jun 20, 12:19pm
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House prices at the bottom end of the market have declined 7.3% from their March peak, while mortgage interest rates continue to slide
Sales on half the properties at Barfoot & Thompson's auctions last week
The number of Code Compliance Certificates issued for new dwellings in Auckland took a dip in April but was still up on April last year
22nd Jun 20, 2:35pm
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The number of Code Compliance Certificates issued for new dwellings in Auckland took a dip in April but was still up on April last year
Although the Unitec site is listed for fast track consenting this is just a small part of the project. The full development is expected to take 10 to 15 years to be fully complete
20th Jun 20, 6:33am
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Although the Unitec site is listed for fast track consenting this is just a small part of the project. The full development is expected to take 10 to 15 years to be fully complete
The number of work and residency visas being issued is picking up again but new student visas are almost non-existent
19th Jun 20, 10:59am
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The number of work and residency visas being issued is picking up again but new student visas are almost non-existent
Farm sales hit by lockdown and drought but there are some positives with a favourable exchange rate, low interest rates and reasonable prices for dairy, lamb, beef and horticultural products
18th Jun 20, 3:14pm
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Farm sales hit by lockdown and drought but there are some positives with a favourable exchange rate, low interest rates and reasonable prices for dairy, lamb, beef and horticultural products
The number of residential auctions is rising at a faster pace than auction sales, which means the auction sales rate is declining
18th Jun 20, 11:17am
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The number of residential auctions is rising at a faster pace than auction sales, which means the auction sales rate is declining
House prices have been trending down since they peaked in March, Westpac economist says the decline will be worse than the recessions of the 1990s
17th Jun 20, 9:27am
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House prices have been trending down since they peaked in March, Westpac economist says the decline will be worse than the recessions of the 1990s
Two new COVID-19 cases arrived on Air NZ flight from Brisbane and were in quarantine at Novotel Ellerslie in Auckland before driving to Wellington
16th Jun 20, 3:44pm
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Two new COVID-19 cases arrived on Air NZ flight from Brisbane and were in quarantine at Novotel Ellerslie in Auckland before driving to Wellington
There was a 38% sales rate at Barfoot & Thompson's auctions last week compared to 64% in the last week of May
16th Jun 20, 9:43am
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There was a 38% sales rate at Barfoot & Thompson's auctions last week compared to 64% in the last week of May
Most of the people who arrived in this country long term in April were returning New Zealand citizens
15th Jun 20, 2:20pm
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Most of the people who arrived in this country long term in April were returning New Zealand citizens
The REINZ national median selling price dropped from $680,000 in April to $620,000 in May
15th Jun 20, 9:57am
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The REINZ national median selling price dropped from $680,000 in April to $620,000 in May
There was no shortage of bids at the latest Auckland apartment auctions but buyers were very cautious on price
13th Jun 20, 9:17am
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There was no shortage of bids at the latest Auckland apartment auctions but buyers were very cautious on price
Although the number of properties being auctioned is still increasing the rate of growth is slowing as the market starts returning to normal
12th Jun 20, 11:23am
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Although the number of properties being auctioned is still increasing the rate of growth is slowing as the market starts returning to normal
Businesses face some hard decisions as we emerge into the post-lockdown world - including the toughest decision of all, says Greg Ninness
12th Jun 20, 8:15am
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Businesses face some hard decisions as we emerge into the post-lockdown world - including the toughest decision of all, says Greg Ninness
A surge of properties offered at auction wasn't matched by the rise in sales at Barfoot & Thompson's auction rooms
9th Jun 20, 1:06pm
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A surge of properties offered at auction wasn't matched by the rise in sales at Barfoot & Thompson's auction rooms
NZ Mortgages & Securities says it has plenty of money to lend but is looking for residential developers with suitable projects to lend it to
9th Jun 20, 10:42am
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NZ Mortgages & Securities says it has plenty of money to lend but is looking for residential developers with suitable projects to lend it to
The COVID-19 lockdown appears to have had a bigger impact on commercial building projects than residential construction
8th Jun 20, 11:58am
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The COVID-19 lockdown appears to have had a bigger impact on commercial building projects than residential construction
Auction activity is still gathering pace but the number of auction sales is higher than it was a year ago
5th Jun 20, 10:16am
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Auction activity is still gathering pace but the number of auction sales is higher than it was a year ago
Barfoot & Thompson's sales volumes halved in May compared to a year ago but new listings suggest the market is returning to normal as lockdown restrictions are eased
3rd Jun 20, 10:40am
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Barfoot & Thompson's sales volumes halved in May compared to a year ago but new listings suggest the market is returning to normal as lockdown restrictions are eased
QV says housing values have already come down from recent highs but it will be several months before we see the full effect of the COVID-19 pandemic on prices
3rd Jun 20, 5:02am
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QV says housing values have already come down from recent highs but it will be several months before we see the full effect of the COVID-19 pandemic on prices
Building consents for commercial buildings dropped much more sharply in April than consents for new dwellings
2nd Jun 20, 12:07pm
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Building consents for commercial buildings dropped much more sharply in April than consents for new dwellings