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New data shows sustained international interest in New Zealand’s luxury property market
New Zealand’s luxury property market is experiencing a sustained surge in international attention shows Trade Me data.
AI summary
International interest in New Zealand's luxury property market has surged, with Trade Me data showing searches for homes over $5 million are up 53% year-on-year. This follows changes to the Active Investor Plus (AIP) visa.
The United States is leading this interest with a 73% increase in searches, followed by Australia and the UK. Buyer focus is expanding beyond traditional hubs to regions like Wellington and Canterbury. Despite strong demand, supply remains tight, with these listings representing just 1.8% of inventory.
Global interest in NZ’s luxury property: Who’s looking and where?
Tāmaki Makaurau leads the charge when it comes to international buyer interest.
Where's the money landing?
| Region | Jan-April 2025 v Jan-April 2026 (YoY searches) | ||
|---|---|---|---|
| Auckland | Auckland | +41% | +41% |
| Bay of Plenty | Bay of Plenty | +68% | +68% |
| Canterbury | Canterbury | +73% | +73% |
| Northland | Northland | +46% | +46% |
| Otago | Otago | +48% | +48% |
| Wellington | Wellington | +83% | +83% |
The Bay of Plenty is capturing international attention.
The local reality
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