Total Home Transfers Fell, Overseas Share Steady

  • Jul 28, 2020 NZST
  • Team Kalkine
Total Home Transfers Fell, Overseas Share Steady

As per Stats NZ, the total number of home transfers dropped by 30 per cent in June 2020. However, the proportion of home transfers to people who are not citizens of NZ remain steady at 0.4 per cent.

June 2020 quarter saw the transfer of over 26,000 homes as compared to 38,000 in the June 2019 quarter. The drop began due to Covid-19 level 4 lockdown on 26 March 2020, which eased as level 3 on 28 April. 

The June 2020 quarter's number of home transfer is the lowest since the beginning of the series in 2016.

 


Disclaimer
The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK