Greg Ninness

A full house and plenty of bidding at Ray White's mega apartment auction that was probably the biggest one interest.co.nz has attended

A full house and plenty of bidding at Ray White's mega apartment auction that was probably the biggest one interest.co.nz has attended

Rural property market weak as farmers grapple with pastoral land being converted to forestry and tougher lending conditions from banks

Rural property market weak as farmers grapple with pastoral land being converted to forestry and tougher lending conditions from banks

Almost everyone buying or selling residential property will now be required to provide their IRD number on land transfer documents

Almost everyone buying or selling residential property will now be required to provide their IRD number on land transfer documents

Overall sales rates are relatively stable but there can be big variances in sales rates between individual auctions

Overall sales rates are relatively stable but there can be big variances in sales rates between individual auctions

There is probably no need for a scheme such as KiwiBuild outside of Auckland, Greg Ninness argues, adding KiwiBuild may yet have its day albeit not in its existing form

There is probably no need for a scheme such as KiwiBuild outside of Auckland, Greg Ninness argues, adding KiwiBuild may yet have its day albeit not in its existing form

Auckland house sales volumes down 22% in May compared to a year ago, but around the rest of the country the drop was just 1.4%

Auckland house sales volumes down 22% in May compared to a year ago, but around the rest of the country the drop was just 1.4%

Auction selling prices were evenly split between properties that sold for more or less than their Rating Valuations

Auction selling prices were evenly split between properties that sold for more or less than their Rating Valuations

There has been a surge in long term arrivals coming to this country in the year to April

There has been a surge in long term arrivals coming to this country in the year to April

New auction results features include more detailed result descriptions and links to homes.co.nz and Realestate.co.nz

New auction results features include more detailed result descriptions and links to homes.co.nz and Realestate.co.nz

Auction numbers are down on a year ago although sales rates and selling prices appear less volatile

Auction numbers are down on a year ago although sales rates and selling prices appear less volatile

Value of new building work up 15.7% in the first quarter year-on-year to $6.11 billion, Statistics New Zealand says

Value of new building work up 15.7% in the first quarter year-on-year to $6.11 billion, Statistics New Zealand says

Overall sales rate of 28% at Barfoot & Thompson's last auctions of autumn

Overall sales rate of 28% at Barfoot & Thompson's last auctions of autumn

Barfoot & Thompson's May Auckland sales volumes at their lowest level in nine years but prices steady

Barfoot & Thompson's May Auckland sales volumes at their lowest level in nine years but prices steady

Quotable Value says housing market softening with average values lower than 12 months ago in Auckland as the national growth rate slows

Quotable Value says housing market softening with average values lower than 12 months ago in Auckland as the national growth rate slows

Sales of dairy farms and lifestyle blocks are well down on a year ago

Sales of dairy farms and lifestyle blocks are well down on a year ago

Lower interest rates, flat house prices and slowly rising incomes are turning Auckland's housing market more in favour of first home buyers

Lower interest rates, flat house prices and slowly rising incomes are turning Auckland's housing market more in favour of first home buyers

Sales on just over a third at Barfoot & Thompson's latest auctions

Sales on just over a third at Barfoot & Thompson's latest auctions

Some residential property investors appear to be cashing up to put their money into commercial property, particularly in Auckland

Some residential property investors appear to be cashing up to put their money into commercial property, particularly in Auckland

Prices on leasehold units have fallen so much they are now providing exceptional returns for investors

Prices on leasehold units have fallen so much they are now providing exceptional returns for investors

Strong growth in migration from China pushes total migration gain up 10.9% in year to March, Statistics NZ says, as it revises February year estimate down

Strong growth in migration from China pushes total migration gain up 10.9% in year to March, Statistics NZ says, as it revises February year estimate down

Nationwide residential property sales volumes well down in April but prices remained steady - REINZ data

Nationwide residential property sales volumes well down in April but prices remained steady - REINZ data

The highest sales rate at Barfoot & Thompson's latest auctions was at the Manukau auction while activity was more subdued on the North Shore

The highest sales rate at Barfoot & Thompson's latest auctions was at the Manukau auction while activity was more subdued on the North Shore

RBNZ's OCR cut unlikely to have much effect on the housing market due to miserly mortgage rate cuts, but savers with term deposits are facing a kick in the guts

RBNZ's OCR cut unlikely to have much effect on the housing market due to miserly mortgage rate cuts, but savers with term deposits are facing a kick in the guts

Westpac economists expect Reserve Bank to keep OCR on hold until 2022 and low mortgage rates to push up house prices

Westpac economists expect Reserve Bank to keep OCR on hold until 2022 and low mortgage rates to push up house prices

Sales were achieved on a third of the properties at the latest auctions but prices were weaker in Auckland

Sales were achieved on a third of the properties at the latest auctions but prices were weaker in Auckland