• International auction house Christie’s has rated Auckland the world’s “hottest” city for luxury properties.

Christie’s International Real Estate surveyed the luxury property markets in 100 cities around the world and found Auckland’s was the fastest growing.

Auckland registered a 63 per cent increase in its luxury property market in the last year and overtook Toronto, Canada, for the top spot.

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Homes such as this $24 million cliff-top house in Auckland’s Herne Bay have made the city the world’s “hottest” luxury property growth market.

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