Greg Ninness
- Indexed articles, last 90 days
- 69
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Interest.co.nz
- Top 500K sites
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- Jul 3, 2026
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Large build up of unsold housing stock on the market for start of the spring/summer season (opens the original)
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The housing market is heading into the summer selling season with a significant oversupply of unsold stock. Property website Realestate.co.nz reported receiving 9466 new listings in September, up from 8326 in August (+13.7%), signalling the start the spring/summer selling season. September's new listing numbers were little changed from a year ago, up just 0.8% compared to September last year. However, the total amount of stock for sale on the website has had a much more dramatic increase, with 3
Residential building consents showing strong growth (opens the original)
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The number of new homes being consented continues to show strong growth, with 41,268 new dwellings consented in the 12 months to August this year, according to Statistics NZ. That was up 21.1% compared to the previous August year and was the second annual increase over that time period. However, it remains well below the recent record of 50,653 homes consented in the year to August 2022. Stand alone houses remain the most popular type of new home being built, with 19,096 consented in the August
NZ's median dwelling value has fallen for six consecutive months (opens the original)
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New Zealand's median dwelling value dropped for the sixth consecutive month in September, according to the Cotality Home Value Index. The national median dwelling value was $797,078 in September, and is now 1.33% lower than it was in September last year. The biggest annual regional decline was in Hawke's Bay at -3.6%, followed by Gisborne -3.3%, Auckland -3.2%, Wellington Region -3.1%, Manawatu-Whanganui -2.6% and Taranaki -2.3%. The biggest annual regional gains in median values were in Southla
ANZ NZ's economists see a nationwide housing market slowdown (opens the original)
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ANZ New Zealand's economists have warned a housing market slowdown is emerging as buyer demand fades. "Buyer demand has faded as the year has progressed, with sales volumes trending down across all regions and average nationwide house prices now inching lower," the bank's economists say in their latest Property Focus report. They point the finger at rising interest rates as the main culprit, although election uncertainty and broader economic factors have also contributed, the report says. ANZ NZ
Residential construction in Auckland may be on the up at last (opens the original)
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The number of new homes completed in Auckland jumped in July. Auckland Council issued 1565 Code Compliance Certificates (CCCs) for new dwellings in July. That was up 44% compared to June and was the highest number of dwelling completions in the region in any month over the last two years. CCCs are issued when a building is completed and so are the best indicator of actual new housing supply, while building consents are usually issued before construction starts, so are an indication of potential
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