Greg Ninness

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

Prices ranged from $595,000 to $3.25 million at Barfoot & Thompson's latest Auckland auctions

Prices ranged from $595,000 to $3.25 million at Barfoot & Thompson's latest Auckland auctions

The new Ministry of Housing and Urban Development brings together functions previously undertaken by MBIE, MSD and Treasury

The new Ministry of Housing and Urban Development brings together functions previously undertaken by MBIE, MSD and Treasury

A strong lift in new listings on Realestate.co.nz points to a reasonably buoyant spring/summer for the housing market

A strong lift in new listings on Realestate.co.nz points to a reasonably buoyant spring/summer for the housing market

KiwiBuild houses at Wanaka to be priced between $565,000 and $650,000

KiwiBuild houses at Wanaka to be priced between $565,000 and $650,000

Auckland's house building boom continues to ramp up reaching a record high in year to August

Auckland's house building boom continues to ramp up reaching a record high in year to August

A survey of more than 900 property vendors gave most real estate agents a pass mark but found there was room for improvement

A survey of more than 900 property vendors gave most real estate agents a pass mark but found there was room for improvement

Slightly lower prices, falling interest rates and slowly rising incomes are all helping to improve affordability for first home buyers - but not by much

Slightly lower prices, falling interest rates and slowly rising incomes are all helping to improve affordability for first home buyers - but not by much

At the major auctions the sales rates ranged from 18% to 44%

At the major auctions the sales rates ranged from 18% to 44%

Onehunga property with great potential but new owners will also need to deal with asbestos and seismic strengthening

Onehunga property with great potential but new owners will also need to deal with asbestos and seismic strengthening