Greg Ninness

Average rents in Auckland up by $16 to $18 a week last year but the rate of increase is continuing to slow

Average rents in Auckland up by $16 to $18 a week last year but the rate of increase is continuing to slow

Real estate agencies estimated to have earned $437 million in residential sales commission in the last three months of 2019

Real estate agencies estimated to have earned $437 million in residential sales commission in the last three months of 2019

House prices have risen more than twice as fast as incomes for typical first home buyers over the last 10 years, leaving them struggling to scrape up a deposit in most parts of the country

House prices have risen more than twice as fast as incomes for typical first home buyers over the last 10 years, leaving them struggling to scrape up a deposit in most parts of the country

New dwelling completions in Auckland are on a high but may be close to peaking

New dwelling completions in Auckland are on a high but may be close to peaking

Net migration gain of 41,479 in the 12 months to November, down from 62,407 three years ago

Net migration gain of 41,479 in the 12 months to November, down from 62,407 three years ago

Farm sales were well down last year but the lifestyle block market was flat

Farm sales were well down last year but the lifestyle block market was flat

Residential rental yields are falling in most parts of the country as rising prices outstrip rents

Residential rental yields are falling in most parts of the country as rising prices outstrip rents

We should see some solid sales activity over the next few months and look out for some big announcements from KiwiBuild and Kainga Ora, but those expecting another price boom may be disappointed

We should see some solid sales activity over the next few months and look out for some big announcements from KiwiBuild and Kainga Ora, but those expecting another price boom may be disappointed

Existing home owners still receive the bulk of new mortgage lending but investors are the fastest growing group with first home buyers not far behind

Existing home owners still receive the bulk of new mortgage lending but investors are the fastest growing group with first home buyers not far behind

Residential auction activity in December was similar to the same time last year

Residential auction activity in December was similar to the same time last year

The number of dairy farm sales has slumped even though prices appear to be holding up

The number of dairy farm sales has slumped even though prices appear to be holding up

Rising house prices are pushing the dream of home ownership further out of reach for aspiring first home buyers, in spite of recent cuts to mortgage interest rates, Interest.co.nz's latest Home Loan Affordability Reports show

Rising house prices are pushing the dream of home ownership further out of reach for aspiring first home buyers, in spite of recent cuts to mortgage interest rates, Interest.co.nz's latest Home Loan Affordability Reports show

People arriving in NZ on work and long term visitor visas at record highs in 12 months to October

People arriving in NZ on work and long term visitor visas at record highs in 12 months to October

Barfoot & Thompson's auction numbers and sales rates are up compared to this time last year

Barfoot & Thompson's auction numbers and sales rates are up compared to this time last year

New home completions up strongly in Auckland but there are signs the supply may be starting to peak

New home completions up strongly in Auckland but there are signs the supply may be starting to peak

House prices are rising in Auckland but price growth could be slowing in the rest of the country

House prices are rising in Auckland but price growth could be slowing in the rest of the country

House prices were generally firmer in November but sales volumes were stronger in Auckland than the rest of the country, REINZ says

House prices were generally firmer in November but sales volumes were stronger in Auckland than the rest of the country, REINZ says

The number of work visas being approved is rising strongly while residency visas are falling

The number of work visas being approved is rising strongly while residency visas are falling

Barfoot & Thompson's auction numbers remained solid last week but they will start winding down this week as the Christmas break approaches

Barfoot & Thompson's auction numbers remained solid last week but they will start winding down this week as the Christmas break approaches

ASB's chief economist says lower mortgage rates have pushed up housing confidence but warns it doesn't herald a return to boom times

ASB's chief economist says lower mortgage rates have pushed up housing confidence but warns it doesn't herald a return to boom times

Sales are being achieved on just over half the properties offered at auction compared to just over a third a year ago

Sales are being achieved on just over half the properties offered at auction compared to just over a third a year ago

Smaller commercial properties providing superior net rental yields to similarly priced residential properties

Smaller commercial properties providing superior net rental yields to similarly priced residential properties

The value of new residential and non-residential building activity is continuing to rise strongly

The value of new residential and non-residential building activity is continuing to rise strongly

New Zealand residential property values are now rising even in previously sluggish markets like Auckland and Christchurch

New Zealand residential property values are now rising even in previously sluggish markets like Auckland and Christchurch

Barfoot & Thompson's average and median prices are within a hair's breadth of breaking previous records

Barfoot & Thompson's average and median prices are within a hair's breadth of breaking previous records