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property
Southland
February 19
Down side seen to rise in house prices
Property values in Southland and the Queenstown Lakes district have more than doubled in the past decade and an economist says while this could benefit some, it might not be good for economic progress.
Southland
January 22
Average home in Invercargill on the rise, nearing $500,000
Invercargill experienced more home value growth on average last year than any of New Zealand’s other large urban areas.
Business
June 5
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.
National
April 8
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.
Queenstown
March 18
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.
Dunedin
March 13
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.
Queenstown
March 11
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.
National
March 1
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.
National
February 26
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.
Queenstown
February 20
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.
National
February 12
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
November 26
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.
Business
November 23
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.
National
November 13
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.
Business
October 18
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.
National
October 12
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.
Business
October 2
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.
Business
July 20
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.
Business
July 4
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.
Business
May 31
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.
Business
May 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.
National
March 1
Bidders ‘scrapping it out’ at Christchurch house auctions
Two bidders ended up in “an all-out scrap" for a Christchurch house that sold at auction for $1.575m.
Dunedin
February 12
Historic Dunedin home could be one of city’s most expensive
A grand estate built by a former Dunedin lawyer and politician is for sale for only the fourth time in its 100-plus year history, and it could be one of the city’s most expensive houses.
Business
December 12
Dunedin home values drop further: QV report
Dunedin's residential property market looks set to end the year with a whimper rather than a bang, QV’s house price index says.
Wānaka
December 7
Ping-pong bidding pushes price of Wanaka pad to $2.26m
A large number of properties in Queenstown, Wanaka and Southland were on the slate last week and more than half were snapped up by both out of town and local buyers.
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