The latest news form the Harcourts desk, and anything else that looks relevant!

Immigration Surge Good News for Sellers

Net immigration surge puts pressure on housing stock

Numbers are way up for net immigration flow – 100,800 for the year to June. Of these, 28,000 were NZ citizens returning after being away for more than a year. In June last year, we suffered a net loss of 1550 migrants to Australia. This year, the net loss to Australia was a mere 20. We now have a brain gain!

The majority of newcomers are choosing to settle in Auckland, with its wealth of job opportunities, so this is good news if you’re thinking of selling.

To read Brian Fallow’s article, click here:

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