Luxury Property stories
Off-market deals are drawing local millionaires into New Zealand's priciest suburbs, even as overseas buyers still compete for luxury homes.
Auckland's luxury housing market is heating up as new visa rules unleash overseas demand for NZD $5 million-plus trophy homes.
Foreign investors eye NZ luxury homes above NZD $5 million as visa rule changes and tight supply fuel demand in Auckland and Queenstown.
Ultra-wealthy buyers chase luxury New Zealand homes above NZD $5 million, but a thin supply of ultra-premium listings is driving competition.
Offshore demand is fuelling more lavish additions to New Zealand's priciest homes, from gold taps to hidden bars and high-tech wardrobes.
Rising listings and longer selling times are deepening the downturn, with vendor discounts widening as buyers retreat from Australia's housing market.