" Put the champagne in the chilly bin, bro. Move over Australia, New Zealand has the hottest luxury real estate market in the world.

Melbourne and Sydney have rich pickings for prestige property, but across the ditch, Auckland is the fastest growing high-end market.

International demand has driven a 63 per cent growth in sales of $1 million-plus properties in Auckland, according to research by global network Christie’s International Real Estate."

Read more on: www.domain.com.au