News & Research

Sales drop hitting all types of buyers

01 June 2017

We’re currently looking at a nationwide downwards slide in sales volumes, a trend that started a year ago.

In Auckland, volumes are down 30% year on year, slightly less in Hamilton and Tauranga and less again as you move down South. But the slowdown in sales is definitely nationwide.

 

Furthermore, the sales slow-down has hit all types of buyers, not just investors. Whilst the share of sales to investors has rebounded, the actual number of investors is well down. Likewise, the share of First Home Buyers in Auckland is steady, but their actual numbers are significantly down. 

Learn more about the latest property trends by downloading your free copy of the CoreLogic May/June Property Market & Economic Update Report, available now. 

CoreLogic logo

Terms of use | Privacy| International Solutions
© 2014 CoreLogic NZ Limited. All rights reserved.

FacebookLinkedInTwitterYouTube