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Greg Ninness

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. 

Member for

12 years 3 months

Latest articles

There has been a surge in long term arrivals coming to this country in the year to April
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Sales were achieved on a third of the properties at the latest auctions but prices were weaker in Auckland
Sales particularly soft at Barfoot & Thompson's North Shore and West Auckland auctions
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Sales particularly soft at Barfoot & Thompson's North Shore and West Auckland auctions
Even relatively slight increases in mortgage interest rates could present significant challenges for the housing market
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Even relatively slight increases in mortgage interest rates could present significant challenges for the housing market
Last month's holiday breaks didn't do auction activity any favours but sales were still achieved on 36% of the properties offered
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Last month's holiday breaks didn't do auction activity any favours but sales were still achieved on 36% of the properties offered
New dwelling consent activity remains strong with the number of new consents issued nationally more than doubling over the last five years
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New dwelling consent activity remains strong with the number of new consents issued nationally more than doubling over the last five years
Sales at Auckland's largest real estate agency appear to be following the usual seasonal trend and took a dip in April, but selling prices were steady
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Sales at Auckland's largest real estate agency appear to be following the usual seasonal trend and took a dip in April, but selling prices were steady
Latest Realestate.co.nz figures show asking prices and new listings are easing while the total number of homes for sale is on the rise
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Latest Realestate.co.nz figures show asking prices and new listings are easing while the total number of homes for sale is on the rise
Housing values are continuing to decline in Auckland and the rate of growth is slowing in much of the rest of the country
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Housing values are continuing to decline in Auckland and the rate of growth is slowing in much of the rest of the country