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.
First home buyers being squeezed between rising lower quartile housing prices & higher mortgage interest rates, putting a dampener on their home ownership hopes
First home buyers being squeezed between rising lower quartile housing prices & higher mortgage interest rates, putting a dampener on their home ownership hopes
Although buyers are being cautious, auction numbers and sales rates are steady and most of those that sell are fetching more than their rating valuations
Although buyers are being cautious, auction numbers and sales rates are steady and most of those that sell are fetching more than their rating valuations
ANZ's chief Australian economist says house prices in Sydney and Melbourne could fall 20% from their 2017 peak, but the big question is how this affects the wider Australian economy
ANZ's chief Australian economist says house prices in Sydney and Melbourne could fall 20% from their 2017 peak, but the big question is how this affects the wider Australian economy
Still a few hotspots such as Invercargill, Dunedin, Whanganui, Palmerston North, Napier & Whangarei where house values show double digit annual growth, QV says
Still a few hotspots such as Invercargill, Dunedin, Whanganui, Palmerston North, Napier & Whangarei where house values show double digit annual growth, QV says
Latest auction data suggests sales are being achieved on one in three properties taken to auction with around two thirds selling for more than their rating valuation
Latest auction data suggests sales are being achieved on one in three properties taken to auction with around two thirds selling for more than their rating valuation
The number of stand alone houses and retirement village units being consented is declining while multi-unit housing is growing strongly, Statistics NZ says
The number of stand alone houses and retirement village units being consented is declining while multi-unit housing is growing strongly, Statistics NZ says