Greg Ninness

Total residential real estate commissions are estimated to have slumped by $227 million in the 12 months to March, but the loss of blood may have finally been staunched, says Greg Ninness

Total residential real estate commissions are estimated to have slumped by $227 million in the 12 months to March, but the loss of blood may have finally been staunched, says Greg Ninness

Harcourts' March sales volumes down 7.5% year-on-year as the summer selling season ended on a quieter note

Harcourts' March sales volumes down 7.5% year-on-year as the summer selling season ended on a quieter note

Westpac report says the good times in the residential property market will "end very soon"

Westpac report says the good times in the residential property market will "end very soon"

Auckland housing sales the lowest for the month of March since 2010

Auckland housing sales the lowest for the month of March since 2010

The highest sales rate was for properties where the auction was on site, while less than a quarter were sold at the big North Shore auctions

The highest sales rate was for properties where the auction was on site, while less than a quarter were sold at the big North Shore auctions

Bayleys auction rooms were busier last week as things returned to normal after a couple of short weeks

Bayleys auction rooms were busier last week as things returned to normal after a couple of short weeks

Shop occupied by liquor retailer in Orewa sells under the hammer for $605,000, gives new owner net return of 4.96%

Shop occupied by liquor retailer in Orewa sells under the hammer for $605,000, gives new owner net return of 4.96%

Westpac report says Auckland housing shortage will get worse before it gets better - fixing problems will 'be a slow grind'

Westpac report says Auckland housing shortage will get worse before it gets better - fixing problems will 'be a slow grind'

Fewer to choose from at the latest apartment auctions and although buyers were prepared to bid they were being cautious on price

Fewer to choose from at the latest apartment auctions and although buyers were prepared to bid they were being cautious on price

Bankrupt builder Li Dong Xie spent $1.5 million on pokies at SkyCity, that he could have used to repay creditors, and then tried to skip the country 

Bankrupt builder Li Dong Xie spent $1.5 million on pokies at SkyCity, that he could have used to repay creditors, and then tried to skip the country 

Sales rates at Barfoot & Thompson's auctions range from 14% in Manukau to 60% in Pukekohe

Sales rates at Barfoot & Thompson's auctions range from 14% in Manukau to 60% in Pukekohe

There was not much on offer at Bayleys' auctions in the week after Easter but buyers were still active and the sales rate was healthy

There was not much on offer at Bayleys' auctions in the week after Easter but buyers were still active and the sales rate was healthy

Getting 4000 homes on the first KiwiBuild site at Mt Albert may not be as difficult as some people are making out, and it could be a godsend for the banks

Getting 4000 homes on the first KiwiBuild site at Mt Albert may not be as difficult as some people are making out, and it could be a godsend for the banks

There were 100% sales rates at some of the main Auckland apartment auctions

There were 100% sales rates at some of the main Auckland apartment auctions

ANZ says first home buyers are becoming more active, but fewer home owners moving up the property ladder in Auckland

ANZ says first home buyers are becoming more active, but fewer home owners moving up the property ladder in Auckland

Barfoot & Thompson's sales finish the summer selling season on a soft note with sales volumes well down for the time of year and inventory levels rising

Barfoot & Thompson's sales finish the summer selling season on a soft note with sales volumes well down for the time of year and inventory levels rising

The big growth in housing values may be over as the market heads towards winter, as buyers take a more relaxed approach to choosing the property they want, putting less pressure on prices

The big growth in housing values may be over as the market heads towards winter, as buyers take a more relaxed approach to choosing the property they want, putting less pressure on prices

The sales rates ranged from 28% to 34% at Barfoot & Thompson's most recent main auctions

The sales rates ranged from 28% to 34% at Barfoot & Thompson's most recent main auctions

Auckland a buyer's market as stock of homes for sale rises to its highest level for the month of March since 2012

Auckland a buyer's market as stock of homes for sale rises to its highest level for the month of March since 2012

Bayleys' auction rooms were more buoyant in the lead up to Easter

Bayleys' auction rooms were more buoyant in the lead up to Easter

Slim pickings but plenty of bidding at the latest Auckland apartment auctions - even leasehold units are selling under the hammer

Slim pickings but plenty of bidding at the latest Auckland apartment auctions - even leasehold units are selling under the hammer

The number of new homes consented in February fell year-on-year and the annual growth rate is slowing

The number of new homes consented in February fell year-on-year and the annual growth rate is slowing

The sales rate improved at Barfoot & Thompson's auctions last week but the full results of its North Shore auctions have not been released

The sales rate improved at Barfoot & Thompson's auctions last week but the full results of its North Shore auctions have not been released

The Government's plans to build 3000-4000 affordable homes in Mt Albert will be a litmus test for both its KiwiBuild scheme and Auckland Council's Unitary Plan

The Government's plans to build 3000-4000 affordable homes in Mt Albert will be a litmus test for both its KiwiBuild scheme and Auckland Council's Unitary Plan

The number of homes coming up for auction is starting to decline as the main summer selling season starts to wind down

The number of homes coming up for auction is starting to decline as the main summer selling season starts to wind down