If a bubble is bursting in Auckland's housing market, there's not much evidence of it in this city auction room.
Wellington's property market was once in the stratosphere, but is it still in orbit?
A typical Queenstown house now sells for over $1m, so what's it like in an auction room there?
Auction rooms in Hamilton were jam-packed, now they are starting to empty as the property market settles.
But where they were once shed in sorrow at another home purchase lost, there are now more tears of joy.