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.
Greg Ninness
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The highest value growth has mainly been concentrated in the lower North Island - the biggest value declines have mainly been in Auckland and Christchurch
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The highest value growth has mainly been concentrated in the lower North Island - the biggest value declines have mainly been in Auckland and Christchurch
The average rent has increased by $22 a week (+5.2%) in the last 12 months
Auction sales rates ranged from 18% for west Auckland properties to 44% at the Manukau auction
Investment Property Snapshot: Commercial unit just off Ti Rakau Drive sells under the hammer for $1.41m
Investment Property Snapshot: Commercial unit just off Ti Rakau Drive sells under the hammer for $1.41m
Latest auction results from Bayleys in Auckland, Hamilton, Tauranga and Marlborough and Eves in Tauranga
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Latest auction results from Bayleys in Auckland, Hamilton, Tauranga and Marlborough and Eves in Tauranga
Most of the apartments on offer were larger units that could have appealed to owner-occupiers or investors and all sold under the hammer
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Most of the apartments on offer were larger units that could have appealed to owner-occupiers or investors and all sold under the hammer
Barfoot & Thompson's sales took a dip in June but remain ahead of last year - prices flat overall
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Barfoot & Thompson's sales took a dip in June but remain ahead of last year - prices flat overall
KiwiBuild home buyers who meet the eligibility criteria will go into a ballot to be able to buy a home
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KiwiBuild home buyers who meet the eligibility criteria will go into a ballot to be able to buy a home
QV's average property values have fallen in Auckland, Tauranga and Wellington over the last three months - vendors warned against unrealistic price expectations
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QV's average property values have fallen in Auckland, Tauranga and Wellington over the last three months - vendors warned against unrealistic price expectations
Auction rooms are quieter but sales ratios are holding up as winter takes hold of the property market
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Auction rooms are quieter but sales ratios are holding up as winter takes hold of the property market
Average asking price for Auckland homes down more than $82,000 (-8.3%) from its February peak - prices also down in BoP, Wellington and Canterbury
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Average asking price for Auckland homes down more than $82,000 (-8.3%) from its February peak - prices also down in BoP, Wellington and Canterbury
Investment Property Snapshot: Compact CBD apartment provides gross rental yield of 6.65%
Latest auction results: Eves auction rooms busy in Tauranga, Bayleys sells a couple for $3m+ in Auckland
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Latest auction results: Eves auction rooms busy in Tauranga, Bayleys sells a couple for $3m+ in Auckland
Prices were firm with net rental yields ranging from 3.19% to 5.39% at Bayleys' latest commercial property auction
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Prices were firm with net rental yields ranging from 3.19% to 5.39% at Bayleys' latest commercial property auction
Surge in new dwelling consents in Auckland could be the beginning of the end for the region's housing shortage
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Surge in new dwelling consents in Auckland could be the beginning of the end for the region's housing shortage
There was competitive bidding on most of the apartments on offer at the main Auckland apartment auctions, but no bids for a leasehold unit in the CBD
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There was competitive bidding on most of the apartments on offer at the main Auckland apartment auctions, but no bids for a leasehold unit in the CBD
Latest auction results from Bayleys in Auckland, Hamilton and Marlborough and Eves in Tauranga
KiwiBuild could provide a launch pad for some major new competitors in the building industry and that could force costs down
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KiwiBuild could provide a launch pad for some major new competitors in the building industry and that could force costs down
At Barfoot & Thompson's larger auctions the sales rates ranged from 22% to 57%
Offering guarantees to private developers probably carries less risk for the Government than developing affordable homes itself, Greg Ninness says
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Offering guarantees to private developers probably carries less risk for the Government than developing affordable homes itself, Greg Ninness says
Population growth from migration continues slowing with big drops in gains from China, India and the UK, Statistics NZ says
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Population growth from migration continues slowing with big drops in gains from China, India and the UK, Statistics NZ says
Westpac's chief economist says it's no surprise that the housing market is slowing; predicts Auckland and Queenstown will be most affected by foreign buyer restrictions
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Westpac's chief economist says it's no surprise that the housing market is slowing; predicts Auckland and Queenstown will be most affected by foreign buyer restrictions
Lower quartile house prices dropped in most regions in May, but increased in Northland, Auckland, Waikato and Taranaki
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Lower quartile house prices dropped in most regions in May, but increased in Northland, Auckland, Waikato and Taranaki
Farm prices have generally been firmer but dairy farm prices are down compared to a year ago
Farm prices have generally been firmer but dairy farm prices are down compared to a year ago
Proposed changes to the Overseas Investment Act would allow overseas buyers to buy new apartments off the plans or to develop new homes, but they would not be able to buy existing dwellings
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Proposed changes to the Overseas Investment Act would allow overseas buyers to buy new apartments off the plans or to develop new homes, but they would not be able to buy existing dwellings