Greg NinnessGreg Ninness

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.

Are first home buyers really in a worse position than three years ago?

by

Thanks to falling interest rates and higher wages, mortgage affordability has remained surprisingly steady, writes Greg Ninness for interest.co.nz. But that doesn’t mean things aren’t a lot tougher for those trying to get onto the housing ladder. The latest house price figures make startling reading for potential first home buyers. According to the Real Estate … Read more

The Auckland housing shortage may be on the verge of receding

by

New building consents in Auckland are almost keeping up with the region’s population growth, reports Greg Ninness of interest.co.nz. According to provisional estimates from Statistics NZ, Auckland’s population increased by 38,600 in the 12 months to June. Since Auckland has an average household occupancy of three people per dwelling according to the 2013 census, an … Read more