foreign property buyers

PHOTO: STUFF People from overseas are likely to come home with money, Realestate.co.nz says.

Real estate listings website Realestate.co.nz says there seems to be a link between publicity about New Zealand’s Covid-19 status and surges of interest in local property from offshore buyers.

Spokeswoman Vanessa Taylor said international buyer numbers had been monitored closely since the country went into lockdown in March.

 

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April 2, when the country had its largest number of new Covid-19 cases for a single day, was also the low point for international traffic.

When there were no new cases reported on May 4, for the first time since March 16, international traffic spiked to just under 15,000 unique browsers.

Through to the early part of June, international traffic continued to increase as the country moved to Level 1 and reported no new cases for many days.

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