Greg Ninness

New dwelling consents took a breather in September, mainly due to a drop in the number of stand alone houses and apartments being consented, while townhouse and home unit consents were up

New dwelling consents took a breather in September, mainly due to a drop in the number of stand alone houses and apartments being consented, while townhouse and home unit consents were up

Sales rate at Barfoot & Thompson's auctions stayed steady on a third after the introduction of foreign buyer restrictions on residential property

Sales rate at Barfoot & Thompson's auctions stayed steady on a third after the introduction of foreign buyer restrictions on residential property

Residential property purchases by overseas buyers were declining before the overseas buyer restrictions were introduced

Residential property purchases by overseas buyers were declining before the overseas buyer restrictions were introduced

Investors achieved net yields ranging from 5.56% to 8.81% at Bayleys' commercial property auctions in Auckland, Tauranga and Wellington

Investors achieved net yields ranging from 5.56% to 8.81% at Bayleys' commercial property auctions in Auckland, Tauranga and Wellington

Sales rates rising at Bayleys' auctions in Auckland and Eves' auctions in Tauranga

Sales rates rising at Bayleys' auctions in Auckland and Eves' auctions in Tauranga

Barfoot & Thompson looks to WeChat to improve engagement with Chinese customers

Barfoot & Thompson looks to WeChat to improve engagement with Chinese customers

Falling interest rates, easing house prices and rising incomes have improved the lot of typical first home buyers in Auckland by nearly $90 a week since March 2017

Falling interest rates, easing house prices and rising incomes have improved the lot of typical first home buyers in Auckland by nearly $90 a week since March 2017

Farms and lifestyle block sales volumes drop but prices are holding up reasonably well, although dairy farm prices have taken a hit REINZ says

Farms and lifestyle block sales volumes drop but prices are holding up reasonably well, although dairy farm prices have taken a hit REINZ says

Nearly 250 properties offered at Barfoot & Thompson's latest auctions with sales on a third and most selling for more than their rating valuations

Nearly 250 properties offered at Barfoot & Thompson's latest auctions with sales on a third and most selling for more than their rating valuations

Falls in migration & rising building consents mean Auckland's housing shortage could be on the verge of receding, but there's still a big backlog of pent up demand to overcome

Falls in migration & rising building consents mean Auckland's housing shortage could be on the verge of receding, but there's still a big backlog of pent up demand to overcome

The real estate industry is holding its own despite poor sales in September, with estimated commission revenue in the third quarter up almost 9% on last year

The real estate industry is holding its own despite poor sales in September, with estimated commission revenue in the third quarter up almost 9% on last year

New Zealand's September net migration gain down 21% from September 2016 peak

New Zealand's September net migration gain down 21% from September 2016 peak

There was plenty on offer at the main Auckland apartment auctions this week but not much was sold under the hammer

There was plenty on offer at the main Auckland apartment auctions this week but not much was sold under the hammer

Harcourts' September sales suggest a steady start to spring as national average selling price rises, sales volumes flat

Harcourts' September sales suggest a steady start to spring as national average selling price rises, sales volumes flat

Comparing auction selling prices to rating valuations suggests prices are relatively steady

Comparing auction selling prices to rating valuations suggests prices are relatively steady

Rental growth strong in Wellington, Queenstown, Rotorua, Napier and Whanganui, but weak in Auckland and Christchurch

Rental growth strong in Wellington, Queenstown, Rotorua, Napier and Whanganui, but weak in Auckland and Christchurch

Ray White's latest Auckland apartment auction had everything from an upmarket unit in the leafy High Court precinct to a renovator's delight in Point England

Ray White's latest Auckland apartment auction had everything from an upmarket unit in the leafy High Court precinct to a renovator's delight in Point England

The number of homes sold last month was the lowest in September since 2011 but prices remained flat

The number of homes sold last month was the lowest in September since 2011 but prices remained flat

The auction rooms are getting busier as the weather improves

The auction rooms are getting busier as the weather improves

A new tower in Auckland's Central Business District will contain 226 apartments and a 233 room hotel

A new tower in Auckland's Central Business District will contain 226 apartments and a 233 room hotel

Even KiwiBuild homes are likely to be beyond the reach of many first home buyers if they don't have a decent deposit or a better than average income

Even KiwiBuild homes are likely to be beyond the reach of many first home buyers if they don't have a decent deposit or a better than average income

Investment Property Snapshot: Character building in Nelson Central Business District gives 7% net yield

Investment Property Snapshot: Character building in Nelson Central Business District gives 7% net yield

There were plenty of buyers at the latest Auckland apartment auctions but they were being cautious on price

There were plenty of buyers at the latest Auckland apartment auctions but they were being cautious on price

Auckland house buyers should have plenty of choice this summer so sellers will need to be realistic on price

Auckland house buyers should have plenty of choice this summer so sellers will need to be realistic on price

Quotable Value figures show the average value of homes is declining in Auckland, Christchurch and Queenstown, and rising more slowly in other centres

Quotable Value figures show the average value of homes is declining in Auckland, Christchurch and Queenstown, and rising more slowly in other centres