Dunedin bucks falling house value trend
House values are falling around the country, with Auckland leading the way, but Dunedin is bucking the downward trend.
Average home value now more than $920k
Average home value now more than $920k
Residential property values are little changed, with slow sales and a glut of listings over the first quarter of the year.
UK buyers didn’t know dream home was famous
UK buyers didn’t know dream Queenstown home starred in Grand Designs
UK couple Greg and Sophie Timmermans-Delves didn’t know the Queenstown-Lakes house they had set their hearts on was famous.
Peninsula's other castle for sale
Peninsula's other castle for sale
Dunedin homeowner Denise Powell still blames her husband Greg for turning their home on a large lifestyle block literally into a castle.
Grand Designs earthquake villa sells for $3.6m
Grand Designs earthquake villa sells for $3.6m
A house rescued from the rubble of the Christchurch earthquakes and transported more than 400km to its current Queenstown-Lakes location has been sold.
Frantic bidding war pushes home past $2m mark
Auction room erupts as bidding war pushes home past $2m mark
A Blenheim auction room erupted with whoops and cheers as two bidders fought over a lifestyle property which eventually sold for $2.015m - $500k more than its RV.
Mansion's asking price highest ever for a home in Christchurch
Mansion's asking price highest ever for a home in Christchurch
A luxury Christchurch property has had its asking price updated to a record-breaking $9.75 million.
Overseas interest in historic Otago home
Overseas interest in historic Otago home
Two historic cottages are up for grabs in Arrowtown, while a Wanaka home on the market was crafted using materials from one of NZ's oldest hotels.
93yo in tears as Chch home sells for $1.1m
Elderly owner in tears as home sells for $1.1 million
The elderly owner of a classic 1950s Christchurch home hugged her agent in tears when her home of 30 years sold for an impressive $1.1 million.
Dunedin's 'bargain' suburbs for buyers
Suburbs where buyers can still get a bargain
New research has identified 35 suburbs - including five in Dunedin - where first-home buyers can still land a bargain.
Westpac starts cutting mortgage rates
Westpac first major bank to start cutting mortgage rates again
Westpac is cutting some of its longer-term fixed special home loan rates, becoming the first major bank to do so since the Reserve Bank put a pause on official cash rate hikes back in July.
Bidding war blows out sale by $250k
Bidding war blows out sale by $250k
The owner of a Christchurch house got an unexpected windfall when it sold at auction for $1.202 million - $252,000 more than they were banking on.
High spirits: Former hotel comes with ghost on top floor
High spirits: Former hotel comes with ghost on top floor
Two historic hotels on the Dunedin waterfront are for sale, one of which comes with its own ghost, called Mary.
Christchurch's 'best house' could smash price records
Christchurch's 'best house' could smash price records
A Christchurch house that has hit the market for the first time could smash records to become the city’s most expensive property.
More million-dollar streets across South Island
More million-dollar streets across South Island
Million-dollar streets don’t seem to be a rarity any more, with even small South Island towns boasting at least one where house prices are fetching an average of seven figures.
June property sales up on last year
June property sales up on last year
The housing market is showing more signs of an uptick, with falling supply and rising demand expected to lead to rising prices.
Iconic high-country station up for sale
'History, rugged beauty': Iconic high-country station up for sale
After 30 years of tending the land, the owners of an iconic Central Otago high-country station have put it on the market.
House prices down more than 10% from June 2022
House prices down more than 10% from June 2022
House prices have fallen yet again as higher interest rates continue to limit demand for properties.
Housing market may be close to bottoming out
Housing market may be close to bottoming out
The housing market is probably close to bottoming out with some regions taking a much bigger hit than others, particularly Wellington.
Average Queenstown home value rises 2.8%
Average Queenstown home value rises 2.8%
Queenstown's average home value went in the opposite direction to almost every other urban centre in New Zealand in the last quarter, the latest QV House Price Index shows.