Greg Ninness

Fewer turning up at apartment auctions but bidding still strong for some properties, while others got no bids

Fewer turning up at apartment auctions but bidding still strong for some properties, while others got no bids

Auction results: 30% sell under the hammer but nearly 40% got no bids at four major Barfoot & Thompson auctions last week

Auction results: 30% sell under the hammer but nearly 40% got no bids at four major Barfoot & Thompson auctions last week

Investors at Bayleys' auctions snapped up commercial properties in Auckland, Whitianga, Napier and Wellington

Investors at Bayleys' auctions snapped up commercial properties in Auckland, Whitianga, Napier and Wellington

People are spending more on food, housing and transport, according to the Household Expenditure Survey

People are spending more on food, housing and transport, according to the Household Expenditure Survey

Apartment buyers remain cautious but there are a few bright spots at Auckland auctions

Apartment buyers remain cautious but there are a few bright spots at Auckland auctions

First home buyers are being squeezed between rising prices and rising interest rates in the upper North Island, but prices are easing in other parts of the country

First home buyers are being squeezed between rising prices and rising interest rates in the upper North Island, but prices are easing in other parts of the country

The number of homes worth $1 million or more has quadrupled over the last three years, Myvalocity says

The number of homes worth $1 million or more has quadrupled over the last three years, Myvalocity says

NZIER's Quarterly Predictions are for localised effects from earthquakes and higher interest rates

NZIER's Quarterly Predictions are for localised effects from earthquakes and higher interest rates

Prices at Bayleys' auctions ranged from $407,000 for a house in Hamilton to $3.9m for a house on a lifestyle block at Whitford

Prices at Bayleys' auctions ranged from $407,000 for a house in Hamilton to $3.9m for a house on a lifestyle block at Whitford

Sales rates at four major Barfoot & Thompson auctions ranged from 25% to 35% - more homes selling in negotiations immediately after being passed in

Sales rates at four major Barfoot & Thompson auctions ranged from 25% to 35% - more homes selling in negotiations immediately after being passed in

Less than a quarter of the shares in The Ownery's first HouseShare scheme were taken up by investors

Less than a quarter of the shares in The Ownery's first HouseShare scheme were taken up by investors

Leasehold unit in Parnell sells for $207,500 and a 1 bedroom unit in a leaky building on Queen St fetches $181,000

Leasehold unit in Parnell sells for $207,500 and a 1 bedroom unit in a leaky building on Queen St fetches $181,000

Rents on Trade Me Property up modestly in Auckland, rising strongly in Wellington and down in Christchurch

Rents on Trade Me Property up modestly in Auckland, rising strongly in Wellington and down in Christchurch

Population growth from migration jumped 12.5% in the year to October

Population growth from migration jumped 12.5% in the year to October

Many homes being passed in with no bids at Barfoot & Thompson's latest auctions

Many homes being passed in with no bids at Barfoot & Thompson's latest auctions

Prices ranged from $137,000 for Grafton apartment to $6.75m for a block of Parnell apartments at Bayleys' Auckland auctions

Prices ranged from $137,000 for Grafton apartment to $6.75m for a block of Parnell apartments at Bayleys' Auckland auctions

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