Greg Ninness

A review of things you need to know before you go home on Friday; Consumer confidence up, Kathmandu forecasts flat result, PM John Key heads to South America, Kiwi dollar down, higher mortgage interest rates looking more likely

A review of things you need to know before you go home on Friday; Consumer confidence up, Kathmandu forecasts flat result, PM John Key heads to South America, Kiwi dollar down, higher mortgage interest rates looking more likely

Auckland's construction boom sees more cranes towering across the skyline than major cities in the US: RLB Crane Index

Auckland's construction boom sees more cranes towering across the skyline than major cities in the US: RLB Crane Index

The liveliest bidding was for a leasehold apartment in a leaky building which had a declared reserve of just $50,000

The liveliest bidding was for a leasehold apartment in a leaky building which had a declared reserve of just $50,000

Prices at Harcourts' auctions started at $332,500 in Hamilton, $500,000 in Auckland, $340,000 in Taupo and $440,000 in Wellington

Prices at Harcourts' auctions started at $332,500 in Hamilton, $500,000 in Auckland, $340,000 in Taupo and $440,000 in Wellington

Greg Ninness sees growing evidence Auckland’s housing market could be at a major turning point as it heads into summer, and wonders if other regions would survive a slowdown

Greg Ninness sees growing evidence Auckland’s housing market could be at a major turning point as it heads into summer, and wonders if other regions would survive a slowdown

Baby boomers leveraging off capital gains to buy investment properties rather than paying off the mortgage as they head towards retirement

Baby boomers leveraging off capital gains to buy investment properties rather than paying off the mortgage as they head towards retirement

Just over a quarter of homes were sold under the hammer at four major Barfoot auctions last week

Just over a quarter of homes were sold under the hammer at four major Barfoot auctions last week

No sign of the spring lift in sales for the housing market this year as sales numbers plummet in October: REINZ

No sign of the spring lift in sales for the housing market this year as sales numbers plummet in October: REINZ

The most expensive home auctioned by Bayleys last week was a Mt Maunganui house that went for $3.335 million

The most expensive home auctioned by Bayleys last week was a Mt Maunganui house that went for $3.335 million

Silverfin syndicate has features that should soothe some investor concerns about being able to cash up early and get their money out

Silverfin syndicate has features that should soothe some investor concerns about being able to cash up early and get their money out

Leasehold apartments coming back in to favour with investors but at bargain basement prices

Leasehold apartments coming back in to favour with investors but at bargain basement prices

Houses nearly twice as likely to sell at auction in Wellington than Auckland

Houses nearly twice as likely to sell at auction in Wellington than Auckland

Housing confidence plunges as fewer people think house prices will keep going up, more think interest rates will rise

Housing confidence plunges as fewer people think house prices will keep going up, more think interest rates will rise

More properties receiving no bids than are being sold under the hammer at some auctions

More properties receiving no bids than are being sold under the hammer at some auctions

Character house in Remuera fetches $4.3m; Bach at Hahei sells for $920,000

Character house in Remuera fetches $4.3m; Bach at Hahei sells for $920,000

Barfoot & Thompson says average rents in Auckland up 5% on a year ago but vacancy rates just 1% in spite of a rush of new stock

Barfoot & Thompson says average rents in Auckland up 5% on a year ago but vacancy rates just 1% in spite of a rush of new stock

A leasehold apartment in Viaduct precinct sells for $135,500

A leasehold apartment in Viaduct precinct sells for $135,500

The slow start to spring will have crimped real estate agency commissions in the upper North Island but the good times roll on around the rest of the country

The slow start to spring will have crimped real estate agency commissions in the upper North Island but the good times roll on around the rest of the country

The average value of a NZ home now $622,309, in Auckland it's $1,045,207

The average value of a NZ home now $622,309, in Auckland it's $1,045,207

Fewer people searching for properties to buy in Auckland and more looking around the rest of the country, says Realestate.co.nz

Fewer people searching for properties to buy in Auckland and more looking around the rest of the country, says Realestate.co.nz

Clearance rates ranged from 29% to 53% at Barfoot & Thompson's main auctions last week

Clearance rates ranged from 29% to 53% at Barfoot & Thompson's main auctions last week

Auckland housing shortage worsens as new dwelling consents decline while migration sits at new high

Auckland housing shortage worsens as new dwelling consents decline while migration sits at new high

A home unit in Hamilton fetched $300,000 at Bayleys' latest auctions but the cheapest sale in Auckland was a house in Papakura that went for $678,500

A home unit in Hamilton fetched $300,000 at Bayleys' latest auctions but the cheapest sale in Auckland was a house in Papakura that went for $678,500

Some commercial properties in Auckland are selling for half the price of an average house and providing better returns

Some commercial properties in Auckland are selling for half the price of an average house and providing better returns

Gross residential rental yields below bank deposit rates in parts of Auckland as investors chase capital gains. Yields on a slippery slope around the rest of the country

Gross residential rental yields below bank deposit rates in parts of Auckland as investors chase capital gains. Yields on a slippery slope around the rest of the country