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
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Building consents for commercial buildings dropped much more sharply in April than consents for new dwellings
New listings on realestate.co.nz bounced back strongly in May but the national average asking price fell sharply
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New listings on realestate.co.nz bounced back strongly in May but the national average asking price fell sharply
At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation
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At recent Auckland apartment auctions there were plenty of potential buyers and they weren't afraid to bid but everything that sold went for less than its rating valuation
Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
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Although auction numbers are still well down on where they were at this time last year, the sales ratio is higher
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
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RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
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Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
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The removal of LVR restrictions on new mortgage lending probably won't be much help to first home buyers in high priced areas like Auckland, Bay of Plenty, Wellington and Nelson
Auction numbers may still be low but there are plenty of bidders out there and properties are selling although results are mixed
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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
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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
Hotel industry's recovery could be hampered by up 4200 new rooms under construction, mostly in Auckland and Queenstown
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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
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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
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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
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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