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1 week ago | 
oneroof.co.nz | Owen Vaughan
Henry’s back - would I lie to you? Last month, following OneRoof’s scoop on the $45.5m sale of a mansion in Queenstown, I highlighted some of the trophy homes that wealthy buyers could splash their cash on. One of those luxury spreads, the Herne Bay marvel created by rich-lister property developer Kurt Gibbons, sold just two days later - possibly for a record sum.
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2 weeks ago | 
oneroof.co.nz | Owen Vaughan
45,000 homes for sale Summer’s over, but a lot of summer stock is still on the shelf. In the three months to the end of March, just over 35,000 new residential listings appeared on OneRoof – up 7% on the same period last year. Total listings for New Zealand have hit near-record highs, but it’s unlikely there are 45,000 Kiwis out there just waiting to buy them. In Auckland, the rush to sell has seen the number of homes up for grabs top 15,000.
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3 weeks ago | 
oneroof.co.nz | Negotiation Howick |Negotiation Manurewa |Owen Vaughan
Mansion watch: What’s sold, what still for sale? The big real estate news this week is the $45.5m sale of a mansion in Queenstown. The amount paid for Chantecler is a record for New Zealand. OneRoof first reported on the deal back in 2023 but wasn’t able to name the property or publish the exact price until partial settlement.
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1 month ago | 
oneroof.co.nz | Negotiation Orewa |Owen Vaughan
- House prices have risen by more than $250,000 in over 200 suburbs since April 2020. - Arrowtown and Lake Hayes saw the biggest dollar increases, with gains more than $1m. - Wellington suburbs were hardest hit, with minimal gains, while Christchurch and Queenstown-Lakes saw significant growth. House prices have risen by more than a quarter of a million dollars in over 200 suburbs in the five years since Covid-19 struck, new figures show. Start your property searchFind your dream home today.
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1 month ago | 
oneroof.co.nz | Owen Vaughan
Which Kiwi streets have the most street cred? When I was growing up in Scotland, there was one street that everyone in my hometown aspired to live on. I didn’t live on that street, but if I did it would have been a sign that I had made it in the world – even if my bank account was in perilous state and I drove a Lada instead of a Lambo. Certain street addresses lend their residents status in ways that flash suits and expensive jewellery don’t.
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1 month ago | 
oneroof.co.nz | Owen Vaughan
Housing market's what if moments Can you remember what you were up to in the Year 2000? I know what I was doing, and it wasn't buying baches in Omaha for around $300,000 or villas in Herne Bay for just half a million dollars. If I had, I wouldn't be typing this right now. I'd be mortgage-free and sitting on homes worth more than four times the purchase price. OneRoof's latest research tracking house price changes over the last 25 years will no doubt trigger a lot of similar "what if" moments.
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2 months ago | 
oneroof.co.nz | Owen Vaughan
House prices vs datingThere has been a lot of housing market data to unpack this week, including REINZ’s house sales stats for January and the Reserve Bank’s revised house price forecast for 2025, but the one I want to look at first is the dating one from Ray White’s research team. It might be because MAFS is on and getting spicy, or that perennial singleton Bridget Jones is back on the big screen, but this caught my eye and made me think about the housing market differently.
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2 months ago | 
oneroof.co.nz | Owen Vaughan
Less pain in the market Listings aren’t the Da Vinci Code, so you don’t need Robert Langdon to work out what’s really going on when you read “vendor urgently seeking a sale” or “ignore previous sale price – our vendors are dedicated to a sale”. The latest sales analysis from CoreLogic, however, shows the level of pain in the market has eased. The percentage of total resales in the last quarter of 2024 that made a loss was 9%, down from 9.9% in Q3.
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2 months ago | 
oneroof.co.nz | Owen Vaughan
- Queenstown-Lakes' share of the $5m-plus property market grew from 13% in 2023 to 18%. - Auckland's $5m-plus sales fell 14% in 2024, while Queenstown-Lakes jumped 21%. - Bay of Plenty's prestige sales rose 20% between 2023 and 2024, indicating regional demand shifts. ANALYSIS: At the end of last year, prestige real estate agents shared with OneRoof a clutch of big sales in Queenstown-Lakes.
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2 months ago | 
oneroof.co.nz | Negotiation Remuera |Owen Vaughan
New listings reach record levelsWith Waitangi Day now in the rear-view mirror, the housing market will be gearing up for another summer of sales. Historically, February and March are two of real estate’s busiest months, so what’s in store? This time last year, nearly 13,000 new residential listings hit the market, taking the total number of homes for sale above the 40,000 mark.
