Overseas buyers still missing in action in June

Thu, 25 Jul 2019

By Rebecca Howard July 26 (BusinessDesk) - The number of home transfers to overseas buyers continued to fall in the June quarter, although inner Auckland homes garnered some interest. There were 183 home transfers to people who didn’t hold NZ citizenship or a resident visa in the June 2019 quarter versus 1,116 in the same quarter last year. Total home transfers numbered 37,695 and of those 0.5 percent went to overseas buyers. A year earlier, total home transfers numbered 39,627 and 2.8 percent went to overseas buyers. A ban on foreig...

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