Sunday 26 September 2004
New Zealand had a seasonally adjusted migration gain of 1,000 people in August, down 300 on the previous month.
By The LandlordStatistics New Zealand says actual, unadjusted permanent and long-term arrivals exceeded departures by 900 in August, compared with 2,200 the same month last year.
In the year to the end of August, there was a net permanent and long-term migration gain of 19,300, down 53% on the net inflow of 41,200 people in the previous August year.
The government agency says this is the first time since January 2002 that the annual net migration gain has dropped below 20,000.
Read More - Opens in a new window
Commenting is closed
There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.
There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.